
Cheap Apartments for Rent in Parsonsfield, ME from $700 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Parsonsfield.


Riverview Falls Apartments

Princeton Pines

Princeton on Back Cove

117 Lofts

Terrace Pond
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.

Sanford Pointe

100 Main St

62 Old Hubbard Rd

Linden Apartments

1 Progress Way

162 Narragansett St
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.

3 Meadow Brook Dr

136 Range Rd

8 Friendly Way

271 Main St

224 E Main St

416 Main 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.
Parsonsfield, ME Local Guide

How much does it cost to rent an apartment in Parsonsfield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parsonsfield Studio Apartments | $2,101 | $1,174 | $2,585 |
| Parsonsfield 1 Bedroom Apartments | $2,251 | $890 | $3,575 |
| Parsonsfield 2 Bedroom Apartments | $2,625 | $1,080 | $4,039 |
| Parsonsfield 3 Bedroom Apartments | $2,974 | $2,485 | $3,485 |
| Parsonsfield 4 Bedroom Apartments | $3,499 | $3,499 | $3,499 |
Browse Top Apartments in Parsonsfield
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Parsonsfield, ME Local Guide
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Cheapest Available Parsonsfield Apartments for Rent and Nearby
 The cheapest available apartment rental in Parsonsfield, ME is a 2 Beds unit found at Saco Island priced from $1,080. Riverview Falls Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,095. Here is today’s list of the most affordable Parsonsfield apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Saco Island | 2 Bedroom | 2BR,1BA | $1,080 |
| Riverview Falls Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,095 |
| 117 Lofts | Studio | Studio,1BA | $1,610 |
| Sanford Pointe | 38 Patriots Ln #3809 | 2BR,1BA | $1,700 |
| 100 Main St | 100 Main St #407 | Studio,1BA | $1,700 |
Best Value Apartments for Rent in Parsonsfield, ME and Nearby
As of May 18, 2026 the best value apartment in the Parsonsfield area is the $1.42 price per square foot 38 Patriots Ln #3804 Model at Sanford Pointe in the starting from $1,700. The second greatest value Parsonsfield apartment is the THE WASHINGTON DELUXE Model at Liberty Commons starting at $2,798 with a $2.83 price per square foot in the Stroudwater neighborhood. Here is today’s list of the best values for Parsonsfield apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sanford Pointe | 38 Patriots Ln #3804 | 2BR,1BA | $1.42 |
| Liberty Commons | THE WASHINGTON DELUXE | 2BR,1.5BA | $2.83 |
| Island View | 2 Bedroom Island View | 2BR,1BA | $2.74 |
| Nonesuch River Apartments | Two Bedroom-2 | 2BR,2BA | $2.99 |
| Winchester Woods | Two Bedroom | 2BR,1BA | $2.53 |
| Forest Glen Apartments | Forest Glen | 2BR,1BA | $2.09 |
| Riverview Falls Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.39 |
| Cumberland Woods Apartments | 1Bd1BA | 1BR,1BA | $2.97 |
| Apartments at Blue Spruce Farm | 1 Bedroom 1 Bath BSF | 1BR,1BA | $2.91 |
| Waterside Apartments | 1 Bedroom 1 Bath Waterside | 1BR,1BA | $3.04 |
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 Parsonsfield, ME Rentals by Map
See the most popular apartments and homes in Parsonsfield, ME
Frequently Asked Questions about Cheap Parsonsfield Apartments
What is the Cheapest Studio apartment in Parsonsfield?
Currently the most affordable Cheap Studio Apartment in Parsonsfield is at 117 Lofts listed at $1,610.
How much is rent for a Cheap One Bedroom Parsonsfield Apartment?
The lowest price for a Cheap One Bedroom Parsonsfield Apartment is $1,095 at Riverview Falls Apartments.
What is the lowest price for a Cheap Two Bedroom Parsonsfield Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Parsonsfield is starting from $1,080 at Saco Island.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.