
Cheap Apartments for Rent in Water Valley, MS from $500 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in Water Valley.


1209 Campus St

310 Wood St

1511 N Main St

Cedar Cove Apartments

Sidon Estates

Kirby Road Estates

Greentree Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

The Gardens Apartments

The Oaklyn

Oakwood Village Apartments

Grenada Estates

The Links at Starkville

University Towers

Anderson Estates

The Links & The Greens at Oxford
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Lakeside Vintage

The Crossings at Tunica

Indigo at 61

Greenway Apartments

The Lexington

Park Place Apartments

Boggan Estates Apartments

MALMAISON VILLAS
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.

Grand Ole Oaks

Heritage Park

The Westerly

The Ranch

Total Monthly Price
Avalon Apartment Homes

MAGNOLIAS AT HERNANDO

Lexington Pointe Apartment Homes

Fountain Square 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.

Total Monthly Price
Crossgates Apartment Homes

The Ridge Apartments

Maroon Manor

Pine Grove Apartments

Canterbury Gardens

X - Anderson Grove

2216 Church St

902 Park Lane
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.

5 PR 3057
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 | $1,138 | $1,050 | $1,168 |
| Water Valley 1 Bedroom Apartments | $1,406 | $500 | $1,900 |
| Water Valley 2 Bedroom Apartments | $1,554 | $650 | $2,450 |
| Water Valley 3 Bedroom Apartments | $1,956 | $644 | $2,975 |
| Water Valley 4 Bedroom Apartments | $1,476 | $609 | $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 1 Bed unit found at The Gardens Apartments priced from $765. The Oaklyn in the Downtown Starkville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here is today’s list of the most affordable Water Valley apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Gardens Apartments | 1x1The Gardens Apartments | 1BR,1BA | $765 |
| The Oaklyn | 1 Bed / 1 Bath | 1BR,1BA | $799 |
| Oakwood Village Apartments | 1 Bed, 1 bath | 1BR,1BA | $800 |
| Cedar Cove Apartments | 2 Bedroom, 2 Bathroom | 2BR,2BA | $800 |
| Grenada Estates | 2x2 | 2BR,2BA | $807 |
| The Links at Starkville | Classic Deluxe II | 1BR,1BA | $840 |
| Archive Oxford | 4 Bedroom, 4 Bath Townhome 3 LVL | 4BR,4BA | $899 |
| The Links & The Greens at Oxford | Custom | Links | 1BR,1BA | $900 |
| The Crossings at Tunica | 1x1 Classic | 1BR,1BA | $949 |
| Indigo at 61 | 2 Bedroom 2 Bath | 2BR,2BA | $999 |
Best Value Apartments for Rent in Water Valley, MS and Nearby
As of July 27, 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 The Collegiate Premier Bedroom Model at The Hollis Townhomes starting at $1,250 with a $0.83 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 |
| The Hollis Townhomes | The Collegiate Premier Bedroom | 3BR,3.5BA | $0.83 |
| Redpoint Oxford | 2 Bedroo, 2.5 Bathroom | 2BR,2.5BA | $0.83 |
| Lakeside Student Living | 4x4 | 4BR,4BA | $0.41 |
| Grenada Estates | 2x2 | 2BR,2BA | $0.74 |
| Indigo at 61 | 2 Bedroom 2 Bath | 2BR,2BA | $0.95 |
| Cedar Cove Apartments | 2 Bedroom, 2 Bathroom | 2BR,2BA | $0.95 |
| The Flatts Starkville | B1 Floor Plan | 2BR,2BA | $0.93 |
| Revery | B2 Two Bed - Two Bath | 2BR,2BA | $1.07 |
| 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 $765 at The Gardens 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 $800 at Cedar Cove 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 $1,099.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.