Cheap Apartments for Rent near Water Valley, TX from $400 (37 Rentals)

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

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.

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.

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Raintree Apartments
1 to 2 Bedroom Apartments

Raintree Apartments

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

411 W Avenue C

411 W Avenue CSan Angelo, TX 76903
  • Utilities Included
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Bryant Place
1 Bedroom Apartments

Bryant Place

1521 S Bryant BlvdSan Angelo, TX 76903

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.

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Bryant Place
1 Bedroom Apartments

Bryant Place

1521 S Bryant BlvdSan Angelo, TX 76903

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.

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 Studio unit found at Resort at Riverside priced from $600. Arden Arms Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Water Valley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Resort at RiversideEfficiencyStudio,1BA$600
Arden Arms Apartmentsstudio 1 bedroom1BR,1BA$650
Bella Vista ApartmentsStandard unit 1 bed/ 1 bath1BR,1BA$700
Rosewood Park Apartments UPTwo Bedroom Unit2BR,2BA$725
Bellagio At Sunset Apartments1x11BR,1BA$775
Fallcreek ApartmentsOne Bedroom1BR,1BA$775
Jackson Way ApartmentsStudio ACEStudio,1BA$799
Wildewood1 bed / 1 bath1BR,1BA$850
The Brixton Apartments1-11BR,1BA$890
The Retreat @ College HillsOne Bedroom1BR,1BA$899

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

As of July 31, 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 The Aspen Model at Oak Manor Villas - Big Spring starting at $1,650 with a $1.26 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
Oak Manor Villas - Big SpringThe Aspen2BR,2.5BA$1.26
River RanchBedroom ONLY in a 3 bedroom unit3BR,3BA$0.51
River Walk ApartmentsUnfurnished3BR,1BA$1.17
San Angelo CrossingB1-MKT2BR,2BA$1.26
San Angelo TerraceB12BR,2BA$1.09
Windmill Park Apartment Homes2 Beds / 2 Baths2BR,2BA$1.06
Southland Arms1 Bedroom1BR,1BA$1.15
The Retreat @ College HillsOne Bedroom1BR,1BA$1.25
Wildewood1 bed / 1 bath1BR,1BA$1.20

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.

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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.

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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.

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

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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 $700 at Bella Vista 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

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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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.

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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.