4

Water Valley, MS Houses for Rent

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  • 72 Tammy Ln, Water Valley, MS 38965
    72 Tammy Ln, Water Valley, MS 38965
    72 Tammy Ln, Water Valley, MS 38965
    /10

    $1,100 Per Month

    • 2 Beds
    • 2 Baths
    • 921 Sq Ft
    • Mobile Home for Rent

    72 Tammy Ln, Water Valley, MS 38965

    Looking for a reasonable place to rent? Look no further than this 2br/2ba manufactured home located off of Hwy. 32 in the Water Valley Boat Landing community. The home has a nice, large front deck plus screened-in back porch. Large yard. Even comes with its own in-ground storm shelter.

    72 Tammy Ln, Water Valley, MS 38965
  • 108 Blount St, Water Valley, MS 38965
    108 Blount St, Water Valley, MS 38965
    108 Blount St, Water Valley, MS 38965
    /19

    $1,550 Per Month

    • 3 Beds
    • 2 Baths
    • 2,015 Sq Ft
    • House for Rent

    108 Blount St, Water Valley, MS 38965

    Charming 1920's home conveniently located near restaurants, a grocery store, and the Water Valley sports complex. This 3BR/2Bath home sits on a large lot with a fenced yard- perfect for outdoor enjoyment. Features include a bright sun porch, hardwood floors, a gas fireplace, classic claw-foot tub, cedar closets, and a spacious utility room. Character, comfort, and convenience all in one great

    108 Blount St, Water Valley, MS 38965
  • 523 Co Rd 99, Water Valley, MS 38965
    523 Co Rd 99, Water Valley, MS 38965
    523 Co Rd 99, Water Valley, MS 38965
    /23

    $2,000 Per Month

    • 3 Beds
    • 2 Baths
    • 1,800 Sq Ft
    • House for Rent

    523 Co Rd 99, Water Valley, MS 38965

    Don't miss out on this spacious and recently updated 3BR/2Bath home situated on 2.5 beautiful acres offering privacy and room to enjoy the outdoors. This property features a bonus room perfect for a home office, playroom, or additional living space along with a bright sunroom overlooking the backyard. Enjoy relaxing by the outdoor water feature or entertaining on the back porch area. Inside, the

    523 Co Rd 99, Water Valley, MS 38965
  • 310 Wood St, Water Valley, MS 38965
    310 Wood St, Water Valley, MS 38965
    310 Wood St, Water Valley, MS 38965
    /10

    $1,675 Per Month

    • 3 Beds
    • 2 Baths
    • 1,636 Sq Ft
    • House for Rent

    310 Wood St, Water Valley, MS 38965

    3 bedroom 2 bathroom home located at 310 Wood Street in Water Valley, MS. It is a pet friendly residence that is within walking distance of Main Street and many local shops/restaurants. The large, covered front porch is the perfect place for relaxing. This home has central Heat & Air. The City of Water Valley handles the electricity, water, and sewer. CenterPoint Energy provides natural gas to

    310 Wood St, Water Valley, MS 38965
Mississippi Yalobusha County Water Valley

Houses for Rent in Water Valley, MS

Frequently Asked Questions

How much does it cost to rent a single-family home in Water Valley, MS?
The median rent for a single-family home in Water Valley, MS is $1,613 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Water Valley, MS?
To comfortably afford the median rent in Water Valley, MS, a household needs to earn roughly $62,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,550 per month in Water Valley, MS, renters typically need to show $4,650 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Water Valley, MS?
In Water Valley, MS, the price-to-rent ratio is 9.1, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends in Water Valley, MS

There are currently 4 single-family homes available for rent in Water Valley, MS. The median rent is $1,613 per month, with 3-bedroom houses renting at $1,613.

Rental Home Trends

Number of Houses for Rent
4
Median Single Family Home Rent
$1,613
Median 3 Bedroom Single Family Home Rent
$1,613
How to Rent a Home

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