What is the average rent of an apartment in Water Valley, MS?

The average rent of an apartment in Water Valley, MS is $1,700 per month. This is about 13% lower than the national average.

When is the average rent cheapest in Water Valley, MS?

In the last year, the average rent in Water Valley, MS was lowest in Jul 2025 when it was $840 per month.

In the last year, the average rent in Water Valley, MS was highest in Jan 2025 when it was $1,700 per month.

There are 5 available rental listings in Water Valley, MS.

Water Valley, MS includes zip codes such as: 38965 .

Some nearby cities include: Taylor , Paris , Banner , Oakland , Coffeeville . These cities may have more rental options to explore.

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APPLY INSTANTLY
PET FRIENDLY
$1,950/mo
3 Beds
2 Baths
1,300 sqft
52 County Road 377,
Water Valley, MS 38965
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APPLY INSTANTLY
PET FRIENDLY
$1,850/mo
3 Beds
2 Baths
1,370 sqft
95 Simmons St,
Water Valley, MS 38965
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PET FRIENDLY
$1,700/mo
3 Beds
1 Bath
1,450 sqft
1511 N Main St,
Water Valley, MS 38965
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$1,500/mo
3 Beds
1 Bath
2,000 sqft
410 Calhoun St #1,
Water Valley, MS 38965
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APPLY INSTANTLY
PET FRIENDLY
$1,250/mo
3 Beds
1 Bath
1,063 sqft
1203 Jones St,
Water Valley, MS 38965
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NEW - 2 DAYS AGO
APPLY INSTANTLY
PET FRIENDLY
$1,250/mo
2 Beds
1 Bath
625 sqft
28 County Road 375,
Water Valley, MS 38965
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$1,200/mo
2 Beds
1 Bath
600 sqft
511 Morgan St,
Water Valley, MS 38965
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Apartments For Rent Near Water Valley, MS

Rent in Water Valley, MS varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.

Average rent stayed about the same in Aug 2026 compared to the previous month. Rent previously peaked in Jan 2025.

View as a graph

In August 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.

	1 bed	2 beds	3 beds	4 beds	All
All home types	—	$1,200	$1,700	—	$1,700
Apartments and Condos	—	—	$1,700	—	$1,700
Houses	—	$1,200	$1,700	—	$1,700

What is the average rent of an apartment in Water Valley, MS?
The average rent of an apartment in Water Valley, MS is $1,700 per month. This is about 13% lower than the national average.
When is the average rent cheapest in Water Valley, MS?
In the last year, the average rent in Water Valley, MS was lowest in Jul 2025 when it was $840 per month.
When is the average rent most expensive in Water Valley, MS?
In the last year, the average rent in Water Valley, MS was highest in Jan 2025 when it was $1,700 per month.
How many available rental listings are in Water Valley, MS?
There are 5 available rental listings in Water Valley, MS.
What are some zip codes in Water Valley, MS?
Water Valley, MS includes zip codes such as: 38965.
What are some cities near Water Valley, MS?
Some nearby cities include: Taylor, Paris, Banner, Oakland, Coffeeville. These cities may have more rental options to explore.