Cheap Apartments for Rent in Water Valley, KY from $400 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in Water Valley.

300 Broadway St

Bee Creek Crossing

Jackson House

1099-1101 N 1st St

857 Broadway
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.

PARK VILLAGE OF PARIS

309 Elm St

121-123 Ivie Cir

700 Sycamore St

Grove Apartments

Southside Square Apartments - NOW LEASING

586 Hutchens Rd
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.

1409 Broadway St

2627 Fairmont St

316 Church St

219 Rebecca St

339 Watkins St

717 Pine St
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.

120 Mobile Heights
Water Valley, KY 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 | $647 | $475 | $948 |
| Water Valley 1 Bedroom Apartments | $1,120 | $650 | $3,200 |
| Water Valley 2 Bedroom Apartments | $1,185 | $650 | $3,600 |
| Water Valley 3 Bedroom Apartments | $1,211 | $800 | $2,650 |
| Water Valley 4 Bedroom Apartments | $1,333 | $1,195 | $1,500 |
Browse Top Apartments in Water Valley
See all Apartments in Water ValleyExplore Water Valley
Water Valley, KY Local Guide
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Cheapest Available Water Valley Apartments for Rent and Nearby
 The cheapest available apartment rental in Water Valley, KY is a Studio unit found at Vue on Royal Ridge priced from $475. Chapel Ridge Martin has the second lowest priced unit, which is a 1 Bed apartment currently listed from $659. Here is today’s list of the most affordable Water Valley apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Vue on Royal Ridge | New owner. Improved property. Apply online!!! | Studio,1BA | $475 |
| Chapel Ridge Martin | 1 Bedroom 1 Bath | 1BR,1BA | $659 |
| Jackson House | 1 Bedroom - Jackson House | 1BR,1BA | $781 |
| Grove Apartments | 1 Bedroom | 1BR,1BA | $825 |
| Southside Square Apartments - NOW LEASING | One Bedroom | 1BR,1BA | $897 |
Best Value Apartments for Rent in Water Valley, KY and Nearby
As of December 26, 2025 the best value apartment in the Water Valley area is the $1.17 price per square foot Hadley Model at Westcreek Villas in the starting from $1,395. The second greatest value Water Valley apartment is the 4 Bedroom 2 Bathroom Model at PARK VILLAGE OF PARIS starting at $1,195 with a $1.03 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. |
|---|---|---|---|
| Westcreek Villas | Hadley | 2BR,2BA | $1.17 |
| PARK VILLAGE OF PARIS | 4 Bedroom 2 Bathroom | 4BR,2BA | $1.03 |
| The Nest | The Nest | 4BR,4BA | $1.26 |
| Milan Luxury Apartments | 2BR/2.0BA | 2BR,2BA | $1.19 |
| Grove Apartments | 1 Bedroom | 1BR,1BA | $1.12 |
| Riverstone Apartments | Furnished | 1BR,1BA | $1.64 |
| Chapel Ridge Martin | 1 Bedroom 1 Bath | 1BR,1BA | $0.98 |
| Southside Square Apartments - NOW LEASING | One Bedroom | 1BR,1BA | $1.38 |
| Vue on Royal Ridge | New owner. Improved property. Apply online!!! | Studio ,1BA | $0.99 |
| Jackson House | 1 Bedroom - Jackson House | 1BR,1BA | $1.70 |
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 ArticleThe 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.
Read ArticleCash 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 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, KY Rentals by Map
See the most popular apartments and homes in Water Valley, KY
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 $659 at Chapel Ridge Martin.
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 $761 at Chapel Ridge Martin.
What is the most affordable Water Valley Three Bedroom Apartment?
The best deal on a cheap Water Valley Three Bedroom Apartment rental is at Chapel Ridge Martin and starts from $886.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!


