
Cheap Apartments for Rent in Water Valley, MS from $500 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in Water Valley.


108 Blount St

310 Wood St

523 Co Rd 99

Cedar Cove Apartments

Sidon Estates

Greentree Apartments

The Gardens Apartments

The Ridge Apartments
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

The Oaklyn

Oakwood Village Apartments

Grenada Estates

The Links at Starkville

University Towers

Anderson Estates

Greenway Apartments

The Links & The Greens at Oxford

Boggan Estates Apartments
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Indigo at 61

Lakeside Vintage

The Crossings at Tunica

The Lexington

Heritage Park

MALMAISON VILLAS

Grand Ole Oaks

The Westerly

Park Place Apartments
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

MAGNOLIAS AT HERNANDO

Total Monthly Price
Crossgates Apartment Homes

Total Monthly Price
Avalon Apartment Homes

Fountain Square Townhomes

The Edison at Colonnade Crossing

Lexington Pointe Apartment Homes

The Azul Apartment Homes

Cambridge Station Apartment Homes

Faulkner Flats Apartment Homes
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Flats at Delta Landing

Maroon Manor

Pine Grove Apartments

Canterbury Gardens

X - Anderson Grove

2216 Church St

The Ranch

732 Southpointe Commons Loop

5 Private Rd 3057
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

363 Acadia Lp

360 Acadia Lp
Water Valley, MS Local Guide

How much does it cost to rent an apartment in Water Valley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Water Valley Studio Apartments | $1,115 | $1,021 | $1,168 |
| Water Valley 1 Bedroom Apartments | $1,458 | $500 | $2,295 |
| Water Valley 2 Bedroom Apartments | $1,636 | $650 | $2,645 |
| Water Valley 3 Bedroom Apartments | $1,971 | $741 | $3,075 |
| Water Valley 4 Bedroom Apartments | $1,425 | $666 | $3,200 |
Browse Top Apartments in Water Valley
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Water Valley, MS Local Guide
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Cheapest Available Water Valley Apartments for Rent and Nearby
 The cheapest available apartment rental in Water Valley, MS is a 4 Beds unit found at Flatts at South Campus in the The Square neighborhood priced from $699. Cedar Cove Apartments in the Downtown Starkville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Water Valley apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Flatts at South Campus | 4 Bedroom (D3) | 4BR,3BA | $699 |
| Cedar Cove Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $750 |
| The Gardens Apartments | 1x1The Gardens Apartments | 1BR,1BA | $765 |
| The Ridge Apartments | 1Bd1Ba | 1BR,1BA | $775 |
| The Oaklyn | 1 Bed / 1 Bath | 1BR,1BA | $799 |
| Oakwood Village Apartments | 1 Bed, 1 bath | 1BR,1BA | $800 |
| Grenada Estates | 2x2 | 2BR,2BA | $807 |
| The Links at Starkville | Classic Deluxe II | 1BR,1BA | $840 |
| The Links & The Greens at Oxford | Custom | Links | 1BR,1BA | $900 |
| Greenway Apartments | 2 Beds, 2 Baths | 2BR,2BA | $900 |
Best Value Apartments for Rent in Water Valley, MS and Nearby
As of June 10, 2026 the best value apartment in the Water Valley area is the $0.39 price per square foot The Roman Model at Villa West in the starting from $899. The second greatest value Water Valley apartment is the 4 Bedroom (D1) Model at Flatts at South Campus starting at $729 with a $0.52 price per square foot in the The Square neighborhood. Here is today’s list of the best values for Water Valley apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Villa West | The Roman | 4BR,3BA | $0.39 |
| Flatts at South Campus | 4 Bedroom (D1) | 4BR,4BA | $0.52 |
| Redpoint Oxford | 2 Bedroo, 2.5 Bathroom | 2BR,2.5BA | $0.83 |
| Lakeside Student Living | 4x4 | 4BR,4BA | $0.41 |
| Park Place Apartments | 2x2 | 2BR,2BA | $1.05 |
| Grenada Estates | 2x2 | 2BR,2BA | $0.74 |
| Boggan Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.04 |
| Greenway Apartments | 2 Beds, 2 Baths | 2BR,2BA | $0.97 |
| The Ridge Apartments | 2 BD 1 BA | 2BR,1BA | $0.94 |
| The Gardens Apartments | 1x1The Gardens Apartments | 1BR,1BA | $1.06 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Water Valley, MS Rentals by Map
See the most popular apartments and homes in Water Valley, MS
Frequently Asked Questions about Cheap Water Valley Apartments
How much is rent for a Cheap One Bedroom Water Valley Apartment?
The lowest price for a Cheap One Bedroom Water Valley Apartment is $750 at Cedar Cove Apartments.
What is the lowest price for a Cheap Two Bedroom Water Valley Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Water Valley is starting from $795 at The Ridge Apartments.
What is the most affordable Water Valley Three Bedroom Apartment?
The best deal on a cheap Water Valley Three Bedroom Apartment rental is at The Oaklyn and starts from $999.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.