During the last three decades, the water resources engineering field has received a tremendous increase in the development and use of meta-heuristic algorithms like evolutionary algorithms (EA) and swarm intelligence (SI) algorithms for solving various kinds of optimization problems. The efficient design and operation of water resource systems is a challenging task and requires solutions through optimization. Further, real-life water resource management problems may involve several complexities like nonconvex, nonlinear and discontinuous functions, discrete variables, a large number of equality and inequality constraints, and often associated with multi-modal solutions. The objective function is not known analytically, and the conventional methods may face difficulties in finding optimal solutions. The issues lead to the development of various types of heuristic and meta-heuristic algorithms, which proved to be flexible and potential tools for solving several complex water resources problems. This paper provides a review of state-of-the-art methods and their use in planning and management of hydrological and water resources systems. It includes a brief overview of EAs (genetic algorithms, differential evolution, evolutionary strategies, etc.) and SI algorithms (particle swarm optimization, ant colony optimization, etc.), and applications in the areas of water distribution networks, water supply, and wastewater systems, reservoir operation and irrigation systems, watershed management, parameter estimation of hydrological models, urban drainage and sewer networks, and groundwater systems monitoring network design and groundwater remediation. This paper also provides insights, challenges, and need for algorithmic improvements and opportunities for future applications in the water resources field, in the face of rising problem complexities and uncertainties.