Cheap Apartments for Rent near Parsons, TN from $700 (24 Rentals)

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Search the lowest-cost Apartments available for rent right now in Parsons.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Walden Crest
1 to 3 Bedroom Apartments

Walden Crest

400 Finley DrHohenwald, TN 38462

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Parsons, TN Local Guide

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. Lakeside Manor Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $750. Here is today’s list of the most affordable Parsons apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Purdy Place Apartments1 BDR/1 Bath1BR,1BA$725
Lakeside Manor Apartments2 Bedroom2BR,1BA$750
The HermitageRachel Jackson2BR,1BA$905
Creekside Apartments1BR/1BA1BR,1BA$975
The Oaks at JacksonThe Magnolia1BR,1BA$1,020

Best Value Apartments for Rent in Parsons, TN and Nearby

As of August 05, 2026 the best value apartment in the Parsons area is the $1.18 price per square foot 2B2B Model at Stonewater Place Apartments in the starting from $1,775. The second greatest value Parsons apartment is the Model2A Model at Suites of Larue starting at $1,200 with a $1.00 price per square foot in the Downtown Jackson neighborhood. Here is today’s list of the best values for Parsons apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Stonewater Place Apartments2B2B2BR,2BA$1.18
Suites of LarueModel2A2BR,2BA$1.00
University Village at Walker Road2 Bed 1.5 Bath2BR,1.5BA$1.18
Pointe at Ridge Cove Apartments2BR - 2BTH Renovated W/D2BR,2BA$1.12
Pointe at Boardwalk1BR - 1BTH Renovated1BR,1BA$1.07
Pointe at 7311BR - 1BTH Renovated W/D1BR,1BA$1.20
Milan Luxury Apartments2BR/2.0BA2BR,2BA$1.19
The HermitageThe Donelson2BR,1BA$1.14
Lakeside Manor Apartments2 Bedroom2BR,1BA$0.96
Purdy Place Apartments1 BDR/1 Bath1BR,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.

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Real 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 $750 at Lakeside Manor 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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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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.