Cheap Apartments for Rent in Water Valley, TX from $500 (41 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Water Valley.

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.

Read Article
property at 1007 S Main St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850
Total Monthly Price
$850

1 Bedroom, 1 Bath Townhome for Rent

Available Now

1007 S Main St, Unit A

1007 S Main St
Big SpringTX79720

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.

Read Article
close
View Me
Raintree Apartments
1 to 2 Bedroom Apartments

Raintree Apartments

2228 Valleyview BlvdSan Angelo, TX 76904
  • Utilities Included
close
View Me
411 W Avenue C
1 Bedroom Apartments

411 W Avenue C

411 W Avenue CSan Angelo, TX 76903
  • Utilities Included

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.

Read Article
close
View Me
Bryant Place
1 Bedroom Apartments

Bryant Place

1521 S Bryant BlvdSan Angelo, TX 76903

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.

Read Article
close
View Me
Bryant Place
1 Bedroom Apartments

Bryant Place

1521 S Bryant BlvdSan Angelo, TX 76903
close
View Me
Cielo Vista
1 to 3 Bedroom Apartments

Cielo Vista

34 Cielo Vista PlzSan Angelo, TX 76904
  • Utilities Included
close
View Me
San Angelo Crossing
1 to 3 Bedroom Apartments

San Angelo Crossing

1880 Northwest DrSan Angelo, TX 76901
  • Utilities Included

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.

Read Article
Showing Results 1-41, Page 1 of 1

Water Valley, TX Local Guide

Cheapest Available Water Valley Apartments for Rent and Nearby

 

The cheapest available apartment rental in Water Valley, TX is a 1 Bed unit found at Oak Grove Senior Apartments priced from $250. Resort at Riverside has the second lowest priced unit, which is a Studio apartment currently listed from $600. Here is today’s list of the most affordable Water Valley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Oak Grove Senior Apartments1 Bed, 1 bath1BR,1BA$250
Resort at RiversideEfficiencyStudio,1BA$600
Arden Arms Apartmentsstudio 1 bedroom1BR,1BA$650
Bella Vista ApartmentsStandard unit 1 bed/ 1 bath1BR,1BA$700
River PointIncome-Restricted 1 Bedroom, 1 Bath 50%1BR,1BA$767
Bellagio At Sunset Apartments1x11BR,1BA$775
Fallcreek ApartmentsOne Bedroom1BR,1BA$775
Jackson Way ApartmentsStudio ACEStudio,1BA$799
Sedona Ranch Apartments1A1BR,1BA$816
Rio VillasA1R - Rio Villas1BR,1BA$850

Best Value Apartments for Rent in Water Valley, TX and Nearby

As of June 16, 2026 the best value apartment in the Water Valley area is the $0.42 price per square foot 4x4 Model at Angelo Place in the starting from $555. The second greatest value Water Valley apartment is the B1 Model at San Angelo Terrace starting at $1,016 with a $0.98 price per square foot . Here is today’s list of the best values for Water Valley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Angelo Place4x44BR,4BA$0.42
San Angelo TerraceB12BR,2BA$0.98
Windmill Park Apartment Homes2 Beds / 2 Baths2BR,2BA$1.06
Southland Arms1 Bedroom1BR,1BA$1.15
The Brixton Apartments2-2A2BR,2BA$1.26
River RanchBedroom ONLY in a 2 bedroom unit2BR,2BA$0.92
The Retreat @ College HillsOne Bedroom1BR,1BA$1.25
Wildewood1 bed / 1 bath1BR,1BA$1.20
Sedona Ranch Apartments1A1BR,1BA$1.29
Oak Grove Senior Apartments1 Bed, 1 bath1BR,1BA$0.46

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 Article
Decorative image

Real 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 Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Water Valley, TX Rentals by Map

Decorative image of map

See the most popular apartments and homes in Water Valley, TX

View Map
Water Valley, TX Apartments Map
View Map
Water Valley, TX Rental Homes Map

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 $250 at Oak Grove Senior 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 $750 at Resort at Riverside.

What is the most affordable Water Valley Three Bedroom Apartment?

The best deal on a cheap Water Valley Three Bedroom Apartment rental is at Resort at Riverside and starts from $925.

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

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.