
Cheap Apartments for Rent near Parsonsfield, ME from $700 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in Parsonsfield.


Riverview Falls Apartments

Princeton Pines

Princeton on Back Cove

117 Lofts

Nasson in the Pines | Fobes Hall

57 Washington St

Sanford Pointe
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.

100 Main St

Winchester Woods

The Eddy

Terrace Pond

Redbank Village

42 Harmony Ln, Unit 6

The Lofts @ 225

Riverdam
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.

Cascade Falls Apartments

Cloverleaf Apartments

Linden Apartments

1 Progress Way

162 Narragansett St

7 Progress Wy

13 Autumn Ln

6 Smith Ct
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.

55 Washington St

37 Cottage St

Forest Glen Apartments

The Eleven

Saco Woods

25 Ridgeway Ave

34 Observatory Rd

19 Saco St
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.

Goodall Place

33 Baxter Woods Trail
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 | $2,017 | $1,174 | $2,375 |
| Parsonsfield 1 Bedroom Apartments | $2,231 | $885 | $4,048 |
| Parsonsfield 2 Bedroom Apartments | $2,614 | $1,070 | $4,113 |
| Parsonsfield 3 Bedroom Apartments | $2,945 | $2,266 | $3,485 |
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 1 Bed unit found at Saco Island in the York County neighborhood priced from $885. Riverview Falls Apartments in the York County neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,310. Here is today’s list of the most affordable Parsonsfield apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Saco Island | 1 Bedroom | 1BR,1BA | $885 |
| Riverview Falls Apartments | Townhouse | 2BR,1BA | $1,310 |
| Nasson in the Pines | Fobes Hall | 1BR/1.0BA | 1BR,1BA | $1,650 |
| Sanford Pointe | 38 Patriots Ln #3809 | 2BR,1BA | $1,700 |
| 100 Main St | 100 Main St #407 | Studio,1BA | $1,700 |
| The Eddy | Studio w/Nook | Treeline View | Studio,1BA | $1,795 |
| Redbank Village | The Kennebunk | 1BR,1BA | $1,825 |
| Cloverleaf Apartments | Studio | Studio,1BA | $1,900 |
| North Village Apartments | Studio | Studio,1BA | $1,950 |
| Lofts on the Levee | 1 Bedroom Floor Plan B | Lofts North | 1BR,1BA | $1,995 |
Best Value Apartments for Rent in Parsonsfield, ME and Nearby
As of August 16, 2026 the best value apartment in the Parsonsfield area is the $1.84 price per square foot 3 Bed 1 Bath Model at Paugus Woods in the in the Meredith Bay neighborhood starting from $2,730. The second greatest value Parsonsfield apartment is the 38 Patriots Ln #3804 Model at Sanford Pointe starting at $1,700 with a $1.42 price per square foot in the York County 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. |
|---|---|---|---|
| Paugus Woods | 3 Bed 1 Bath | 3BR,1BA | $1.84 |
| Sanford Pointe | 38 Patriots Ln #3804 | 2BR,1BA | $1.42 |
| Riverline North Conway | B2A | 2BR,2BA | $2.56 |
| Riverview Falls Apartments | Townhouse | 2BR,1BA | $1.26 |
| Island View | 2 Bedroom Island View | 2BR,1BA | $2.53 |
| Winchester Woods | Two Bedroom | 2BR,1BA | $2.53 |
| Liberty Commons | THE KENNEDY | 1BR,1BA | $2.57 |
| Cumberland Woods Apartments | 1Bd1BA | 1BR,1BA | $3.05 |
| Autumn Woods Apartments | 1 Bedroom Autumn Woods | 1BR,1BA | $2.97 |
| Waterside Apartments | 1 Bedroom 1 Bath Waterside | 1BR,1BA | $2.97 |
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 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 100 Main St listed at $1,700.
How much is rent for a Cheap One Bedroom Parsonsfield Apartment?
The lowest price for a Cheap One Bedroom Parsonsfield Apartment is $885 at Saco Island.
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 $1,070 at Saco Island.
What is the most affordable Parsonsfield Three Bedroom Apartment?
The best deal on a cheap Parsonsfield Three Bedroom Apartment rental is at Redbank Village and starts from $2,266.
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.