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Typical Rent in 76958 — Water Valley, TX
The typical 1-bedroom rent in 76958 (Water Valley, TX) is $1,121/month as of 2026, based on 3 data sources. Rents have risen 10.8% year over year, so an increase above 10.8% exceeds the local market trend. Studio: $850. 2-bedroom: $1,210.
Rents in Water Valley have changed approximately +5.6% – +11.9% over the past year based on local market data. A rent increase above 11.9% is above the local market trend.
Estimated Rent · 1-Bedroom
$1,121/mo
Source: HUD Estimated Rent
Data through
Based on federal benchmarks and 2 additional market sources.
The HUD Fair Market Rent for a 1-bedroom in 76958 (Water Valley, TX) is $940 for FY2026.
Rents in 76958 have increased 10.8% year-over-year based on local market data.
The confidence level for this estimate is moderate based on 3 data sources.
Based on local market data, a fair rent increase in Water Valley (76958) is approximately 10.8% for 2026. The typical 1-bedroom rent is $1,121/month. Any increase significantly above 10.8% exceeds the local market trend and may be worth negotiating.
Sources: local market data, HUD SAFMR FY2026, Rentcast. Updated February 2026.
What Should Rent Cost in 76958 (Water Valley)?
Typical rent ranges based on HUD benchmarks and market data. In areas with limited listing data, ranges reflect federal benchmarks and may be wider than actual market conditions.
A studio in 76958 (Water Valley) typically rents for $850 – $987.
Rents above $1,135 are in the top 25% for this area.
A 1-bedroom in 76958 (Water Valley) typically rents for $940 – $1,121.
Rents above $1,289 are in the top 25% for this area.
A 2-bedroom in 76958 (Water Valley) typically rents for $1,210 – $1,431.
Rents above $1,646 are in the top 25% for this area.
A 3-bedroom in 76958 (Water Valley) typically rents for $1,620 – $1,946.
Rents above $2,238 are in the top 25% for this area.
A 4-bedroom in 76958 (Water Valley) typically rents for $1,880 – $2,183.
Rents above $2,510 are in the top 25% for this area.
Current Asking Rents in 76958
What are apartments actually renting for near 76958? Click below to see live asking rents from current listings.
Live market data · Updated daily
▶Full market data
Rent Trends in Water Valley, TX
+10.8%
Rents in 76958 (Water Valley) are rising at +10.8% year-over-year.
− Estimated trend
Market sources range from +5.6% to +11.9%
Sources: Apartment List, HUD Fair Market Rent
Federal Rent Benchmarks for 76958
HUD Fair Market Rents are federal rent benchmarks used for housing programs, published annually by HUD.Note: These values represent the HUD metro-area benchmark for the San Angelo, TX MSA area, not zip-specific rates.
| Bedroom Size | Fair Market Rent | Estimated Rent |
|---|---|---|
| Studio | $850 | $987 |
| 1-Bedroom | $940 | $1,121 |
| 2-Bedroom | $1,210 | $1,431 |
| 3-Bedroom | $1,620 | $1,946 |
| 4-Bedroom | $1,880 | $2,183 |
Source: HUD SAFMR FY2026 · Updated
Questions about rent in 76958
What is the average 1-bedroom rent in 76958?
The typical 1-bedroom rent in 76958 (Water Valley, TX) is $1,121/month as of 2026. This page also shows nearby bedroom benchmarks, including studio rent at $850 and 2-bedroom rent at $1,210.
What is a fair rent increase in 76958?
A rent increase up to about 10.8% is in line with the recent local market trend in 76958. An increase above that level is above trend and may justify a closer review against local pricing and comparable apartments.
Are rents going up or down in 76958?
Rents in 76958 have risen 10.8% year over year based on the local trend data used on this page.
How much do studios and 2-bedrooms cost in 76958?
On this page, studio rent in 76958 is $850/month and 2-bedroom rent is $1,210/month. These figures help show whether your current or proposed rent fits the broader local bedroom mix.
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Similar Rents in Other Areas
These zip codes have similar 1-bedroom rents to 76958 ($940/mo) — useful for comparing what your rent gets you in other markets.
Nearby Areas
Market data updated monthly from public and third-party sources. Actual rents vary by unit, building, and lease terms. For informational purposes only — not legal or financial advice. See methodology →