
Cheap Homes for Rent near Water Valley, TX from $500 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Water Valley.


332 Preusser St

235 W Holmes Ave

418 E Harris Ave

1313 Guadalupe St
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.

220 E 9th St

132 E 11th St

2812 North St

212 S Fillmore St, Unit Condo

104 N Jefferson St
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.

2025 San Antonio St
Water Valley, TX Local Guide

How much does it cost to rent a home in Water Valley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Water Valley 2 Bedroom Homes for Rent | $911 | $775 | $1,050 |
| Water Valley 3 Bedroom Homes for Rent | $1,732 | $875 | $2,600 |
| Water Valley 4 Bedroom Homes for Rent | $2,201 | $1,345 | $3,000 |
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Water Valley, TX Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Resort at Riverside | Efficiency | Studio,1BA | $600 |
| Arden Arms Apartments | studio 1 bedroom | 1BR,1BA | $650 |
| Bella Vista Apartments | Standard unit 1 bed/ 1 bath | 1BR,1BA | $700 |
| Fallcreek Apartments | One Bedroom | 1BR,1BA | $775 |
| Bellagio At Sunset Apartments | 1x1 | 1BR,1BA | $775 |
Best Value Apartments for Rent in Water Valley, TX and Nearby
As of July 22, 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 Three Bedroom Model at The Retreat @ College Hills starting at $1,559 with a $1.17 price per square foot . 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. |
|---|---|---|---|
| Angelo Place | 4x4 | 4BR,4BA | $0.42 |
| The Retreat @ College Hills | Three Bedroom | 3BR,2BA | $1.17 |
| Oak Manor Villas - Big Spring | The Aspen | 2BR,2.5BA | $1.26 |
| San Angelo Crossing | B1-MKT | 2BR,2BA | $1.26 |
| San Angelo Terrace | B1 | 2BR,2BA | $1.09 |
| The Landing | B2P - The Landing | 2BR,2BA | $1.15 |
| Windmill Park Apartment Homes | 2 Beds / 2 Baths | 2BR,2BA | $1.06 |
| Southland Arms | 1 Bedroom | 1BR,1BA | $1.15 |
| River Ranch | Bedroom ONLY in a 2 bedroom unit | 2BR,2BA | $0.92 |
| River Walk Apartments | black appliances, no patio (#11) | 2BR,1BA | $1.19 |
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.
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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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Water Valley
What type of rentals are currently available in Water Valley?
There are currently 43 Apartments for Rent in Water Valley, TX with pricing that ranges from $555 to $2,400. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Water Valley ranging from $595 to $3,000.
What is the current price range for Rental Homes in Water Valley?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Water Valley ranges from $595 to $3,000 with an average monthly rent of $1,426.
How much are larger Three and Four Bedroom Rentals in Water Valley?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Water Valley range from $609 to $2,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $875 to $2,600. Four Bedroom Single-Family rentals are also available starting from $1,345 and Four Bedroom Apartments start at $555.
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.