Homes for Rent in Water Valley, MS

Water Valley, Mississippi, is a small, artsy town located less than 20 miles south of Oxford, home to the University of Mississippi. Known for its tight-knit community, Water Valley hosts numerous events such as street dances, music festivals, and the annual Watermelon Carnival, which attracts around 20,000 attendees each August. Housing options in Water Valley include bungalows, ranch-style homes, and farmhouses, generally priced lower than those in nearby Oxford. However, many properties are at a high risk of flooding, and residential streets often lack sidewalks and curbs. The Water Valley School District is rated well, and the University of Mississippi is a short drive away. For outdoor activities, City Park and Baker Street Park offer playgrounds and green spaces, while Enid Lake provides opportunities for fishing, picnics, and camping at George P. Cossar State Park and Water Valley Landing. Dining options include El Charrito’s for Mexican cuisine, Crawdad Hole for Cajun dishes, and Hometown Pizza Café. The B.T.C. Old-Fashioned Grocery and Larson’s Cash Saver cater to grocery needs, with Family Dollar and Dollar General offering additional household goods. The Casey Jones Music Fest in the spring features local musicians, and the Water Valley Arts Council hosts an annual Art Crawl. Medical care is available through Yalobusha Health Services, and Tupelo Regional Airport, about 60 miles away, provides flights to Dallas and Nashville.