
Cheap Apartments for Rent in Parsons, TN from $600 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in Parsons.


Walden Crest

Parkview Apartments

The Hermitage

Creekside Apartments

Pointe at 731

Suites of Larue
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

The Oaks at Jackson

Camellia Trace

Milan Luxury Apartments

Bradford Chase

Cherry Grove Apartments

Patrician Terrace

Pointe at Boardwalk
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Total Monthly Price
Jackson Walk

Woods of Post House

Post House North

Pointe at Ridge Cove Apartments

Oliver Crossing

210 W 5th St

1305 Proper St
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

385 Maddox Loop

207 S Hays Ave

541 S Royal St

328 W Main St

408 Briggs St

68 Monroe Ave

320 Samantha Cove
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

56 Jefferson St

506 Greenwood Ave
Parsons, TN Local Guide

How much does it cost to rent an apartment in Parsons?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parsons 1 Bedroom Apartments | $1,328 | $725 | $2,095 |
| Parsons 2 Bedroom Apartments | $1,489 | $825 | $2,462 |
| Parsons 3 Bedroom Apartments | $1,623 | $925 | $2,600 |
Browse Top Apartments in Parsons
See all Apartments in ParsonsExplore Parsons
Parsons, TN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Parsons Apartments for Rent and Nearby
 The cheapest available apartment rental in Parsons, TN is a 1 Bed unit found at Purdy Place Apartments priced from $725. Walden Crest has the second lowest priced unit, which is a 2 Beds apartment currently listed from $917. Here is today’s list of the most affordable Parsons apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Purdy Place Apartments | 1 BDR/1 Bath | 1BR,1BA | $725 |
| Walden Crest | 2 Bedroom | 2BR,2BA | $917 |
| Creekside Apartments | 1BR/1BA | 1BR,1BA | $975 |
| Pointe at 731 | 1BR - 1BTH | 1BR,1BA | $999 |
| The Oaks at Jackson | The Magnolia | 1BR,1BA | $1,015 |
| Milan Luxury Apartments | 2BR/2.0BA | 2BR,2BA | $1,050 |
| Patrician Terrace | 1x1 | 1BR,1BA | $1,080 |
| Bradford Chase | The Hampton | 1BR,1BA | $1,099 |
| Pointe at Boardwalk | 2BR - 2BTH | 2BR,2BA | $1,099 |
| Jackson Walk | Neely | 1BR,1BA | $1,135 |
Best Value Apartments for Rent in Parsons, TN and Nearby
As of June 20, 2026 the best value apartment in the Parsons area is the $1.17 price per square foot 2B2B Model at Stonewater Place Apartments in the starting from $1,750. The second greatest value Parsons apartment is the C1 Model at Camellia Trace starting at $1,460 with a $1.03 price per square foot . Here is today’s list of the best values for Parsons apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Stonewater Place Apartments | 2B2B | 2BR,2BA | $1.17 |
| Camellia Trace | C1 | 3BR,2BA | $1.03 |
| Suites of Larue | Model2A | 2BR,2BA | $1.00 |
| Pointe at Boardwalk | 2BR - 2BTH Renovated W/D | 2BR,2BA | $1.09 |
| The Hermitage | The Tennessee | 2BR,1.5BA | $1.06 |
| Pointe at Ridge Cove Apartments | 2BR - 2BTH Renovated W/D | 2BR,2BA | $1.15 |
| Walden Crest | 2 Bedroom | 2BR,2BA | $0.87 |
| Pointe at 731 | 1BR - 1BTH Renovated | 1BR,1BA | $1.15 |
| Milan Luxury Apartments | 2BR/2.0BA | 2BR,2BA | $1.15 |
| Purdy Place Apartments | 1 BDR/1 Bath | 1BR,1BA | $0.97 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Parsons, TN Rentals by Map
See the most popular apartments and homes in Parsons, TN
Frequently Asked Questions about Cheap Parsons Apartments
How much is rent for a Cheap One Bedroom Parsons Apartment?
The lowest price for a Cheap One Bedroom Parsons Apartment is $725 at Purdy Place Apartments.
What is the lowest price for a Cheap Two Bedroom Parsons Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Parsons is starting from $825 at Purdy Place Apartments.
What is the most affordable Parsons Three Bedroom Apartment?
The best deal on a cheap Parsons Three Bedroom Apartment rental is at Purdy Place Apartments and starts from $925.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.