
Cheap Homes for Rent near Parsons, TN from $700 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Parsons.


210 W 5th St

745 Barren Hollow Rd

330 Joshua Ln
Rent According to Income: A Look at Income-Restricted Rentals
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1305 Proper St

541 S Royal St

325 E Forest Ave

255 Highview St
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.

506 Greenwood Ave
Parsons, TN Local Guide

How much does it cost to rent a home in Parsons?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parsons 2 Bedroom Homes for Rent | $1,012 | $900 | $1,350 |
| Parsons 3 Bedroom Homes for Rent | $1,660 | $750 | $2,800 |
| Parsons 4 Bedroom Homes for Rent | $2,249 | $1,350 | $4,000 |
| Parsons 5 Bedroom Homes for Rent | $1,850 | $1,800 | $1,900 |
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Parsons, TN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Purdy Place Apartments | 1 BDR/1 Bath | 1BR,1BA | $725 |
| Lakeside Manor Apartments | 2 Bedroom | 2BR,1BA | $750 |
| The Hermitage | Rachel Jackson | 2BR,1BA | $923 |
Best Value Apartments for Rent in Parsons, TN and Nearby
As of August 02, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Stonewater Place Apartments | 2B2B | 2BR,2BA | $1.18 |
| Suites of Larue | Model2A | 2BR,2BA | $1.00 |
| University Village at Walker Road | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.22 |
| Pointe at Ridge Cove Apartments | 2BR - 2BTH Renovated W/D | 2BR,2BA | $1.12 |
| Pointe at Boardwalk | 1BR - 1BTH Renovated | 1BR,1BA | $1.07 |
| Pointe at 731 | 1BR - 1BTH Renovated W/D | 1BR,1BA | $1.20 |
| Milan Luxury Apartments | 2BR/2.0BA | 2BR,2BA | $1.19 |
| The Hermitage | The Donelson | 2BR,1BA | $1.16 |
| Lakeside Manor Apartments | 2 Bedroom | 2BR,1BA | $0.96 |
| 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.
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Frequently Asked Questions about Parsons
What type of rentals are currently available in Parsons?
There are currently 41 Apartments for Rent in Parsons, TN with pricing that ranges from $725 to $3,139. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parsons ranging from $750 to $4,000.
What is the current price range for Rental Homes in Parsons?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Parsons ranges from $750 to $4,000 with an average monthly rent of $1,656.
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

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.

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.

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.

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.