
Cheap Homes for Rent in Water Valley, KY from $400 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Water Valley.


409 E 9th St

704 Finley St

710 Warren St

540 Baker Rd, Unit 600 B Baker

602 Faith Cir

175 Sugar Maple Dr

427 Mount Pelia Rd, Unit 7

142 Harrison Rd
Water Valley, KY 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 | $809 | $490 | $1,100 |
Water Valley 3 Bedroom Homes for Rent | $1,464 | $850 | $2,600 |
Water Valley 4 Bedroom Homes for Rent | $1,400 | $1,400 | $1,400 |
Water Valley 6 Bedroom Homes for Rent | $2,595 | $2,595 | $2,595 |
Browse Top Homes for Rent in Water Valley
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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 2 Beds unit found at Lone Oak Villas priced from $824. Riverstone Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here is today’s list of the most affordable Water Valley apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Lone Oak Villas | Premium Townhouse | 2BR,1BA | $824 |
Riverstone Apartments | Unfurnished | 1BR,1BA | $950 |
Milan Luxury Apartments | 2BR/2.0BA | 2BR,2BA | $1,102 |
Best Value Apartments for Rent in Water Valley, KY and Nearby
As of March 26, 2025 the best value apartment in the Water Valley area is the $2.13 price per square foot 1 Bed / 1 Bath Model at The W on Broadway in the starting from $2,600. The second greatest value Water Valley apartment is the The Nest Model at The Nest starting at $1,200 with a $1.08 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. |
---|---|---|---|
The W on Broadway | 1 Bed / 1 Bath | 1BR,1BA | $2.13 |
The Nest | The Nest | 4BR,4BA | $1.08 |
Milan Luxury Apartments | 2BR/2.0BA | 2BR,2BA | $1.21 |
405 Church St, Unit Apt B | 405 Church St | 3BR,1.5BA | $1.60 |
411 N 7th St, Unit 1 | 411 N 7th St | 1BR,1BA | $3.13 |
Westcreek Villas | Crescent | 1BR,1BA | $1.57 |
Riverstone Apartments | Furnished | 1BR,1BA | $1.79 |
Lone Oak Villas | Premium Townhouse | 2BR,1BA | $1.33 |
1028 S 5th St, Unit B | 1028 S 5th St | 1BR,1BA | $1.30 |
Country Music B&B Studios | Country Suite | 1BR,1BA | $6.65 |
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Frequently Asked Questions about Water Valley
What type of rentals are currently available in Water Valley?
There are currently 30 Apartments for Rent in Water Valley, KY with pricing that ranges from $600 to $3,500. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Water Valley ranging from $490 to $2,600.
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 $490 to $2,600 with an average monthly rent of $1,395.
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 $1,000 to $1,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $2,600. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $1,200.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.