Cheap Apartments for Rent in Water Valley, TX from $500 (56 Rentals)

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

property at 1512 Willow St

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750
Total Monthly Price
$750

1 Bedroom, 1 Bath Home for Rent

Available Now

1512 Willow St

San AngeloTX76901

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.

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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.

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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.

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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
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Cielo Vista
1 to 3 Bedroom Apartments

Cielo Vista

34 Cielo Vista PlzSan Angelo, TX 76904
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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San Angelo Crossing
1 to 3 Bedroom Apartments

San Angelo Crossing

1880 Northwest DrSan Angelo, TX 76901
  • Utilities Included
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Eagle Rock Apartments
1 to 2 Bedroom Apartments

Eagle Rock Apartments

850 Paint Rock RdSan Angelo, TX 76905
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-50, Page 1 of 2

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
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
Legacy Terrace Apartments1/1 BRs1BR,1BA$775
Fallcreek ApartmentsOne Bedroom1BR,1BA$775
Sedona Ranch Apartments1A1BR,1BA$799
Jackson Way ApartmentsStudio ACEStudio,1BA$799
Rio VillasA1R - Rio Villas1BR,1BA$850

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

As of May 01, 2026 the best value apartment in the Water Valley area is the $0.45 price per square foot 4x4 Premium Model at Angelo Place in the starting from $600. The second greatest value Water Valley apartment is the A Model at Huntington Place Apartments starting at $900 with a $0.75 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 Place4x4 Premium4BR,4BA$0.45
Huntington Place ApartmentsA1BR,1BA$0.75
San Angelo TerraceB12BR,2BA$0.98
Windmill Park Apartment Homes2 Beds / 2 Baths2BR,2BA$1.06
Southland Arms1 Bedroom1BR,1BA$1.15
River RanchBedroom ONLY in a 2 bedroom unit2BR,2BA$0.92
The Retreat @ College HillsOne Bedroom1BR,1BA$1.25
Legacy Terrace Apartments1/1 BR's1BR,1BA$1.19
Wildewood1 bed / 1 bath1BR,1BA$1.20
Oak Grove Senior Apartments1 Bed, 1 bath1BR,1BA$0.46

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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!

Explore Water Valley, TX Rentals by Map

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Frequently Asked Questions about Cheap Water Valley Apartments

What is the Cheapest Studio apartment in Water Valley?

Currently the most affordable Cheap Studio Apartment in Water Valley is at Resort at Riverside listed at $600.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.