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Houses for Rent in Parsons, TN

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What to Know About

Life in Parsons & Beyond

Parsons shares many of the great qualities that make Tennessee a desirable place to live.

Tennessee is known for its dazzling natural beauty, rich history, and vibrant culture. With its rolling hills, majestic mountains, and sparkling waterways, Tennessee has something for everyone from the Great Smoky Mountains National Park, the Memphis Zoo, the Country Music Hall of Fame, and the Jack Daniel's Distillery. Tennessee is also home to respected institutions such as Vanderbilt University and the University of Tennessee. In addition, Tennessee's economy is also thriving, driven by a mix of industries, including healthcare, finance, and manufacturing.

For adventure seekers, there is plenty to do in Tennessee, from fishing in the Tennessee River to hiking in the Smoky Mountains. Sports fans can cheer on the Tennessee Titans (NFL), Nashville Predators (NHL), and Memphis Grizzlies (NBA). Discover and indulge in famous attractions like the Ryman Auditorium, the Parthenon, and Graceland. The state is also known for its rich music history, including blues, country, and rock-and-roll, and there is a thriving theater and arts scene in cities like Nashville and Memphis.

Its high quality of life, strong economy, and friendly community make Tennessee a great place to call home.

Rental Market Trends

Parsons, TN

As of November 2026, Parsons's rental market is stable, with rentals spending about 31 days on the market, about the same as in Tennessee (32), and rents down 3.6% over the past year. Parsons's average rent is 34.9% ($545) lower than the Tennessee average of $1,562 and 50.0% ($1,019) lower than the U.S. average of $2,036.

Average Rent
$1,017
Monthly ChangeMonth Over Month Change
Decreased0.33% ($3)
Yearly ChangeYear Over Year Change
Decreased3.6% ($38)
Days on Market
31
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $757 Decreased0.42% ($3) Decreased3.9% ($31)
2 Beds $829 Decreased0.49% ($4) Decreased5.9% ($52)
3 Beds $1,037 Decreased0.16% ($2) Decreased2.1% ($22)
Nearby Cities Average Rent Avg. Rent vs. ParsonsAverage Rent vs. Parsons Days on Market
Westport $1,186 Increased16.6% ($169) 32 days
Lexington $1,137 Increased11.8% ($120) 32 days
Based on rentals advertised on RentalSource in and around Parsons.
Frequently Asked Questions
Parsons Rental Market FAQs

Explore rental prices, market conditions, and affordability in Parsons, TN.

The average rent in Parsons, TN is about $1,017 per month.
In Parsons, the average rent is about $757 per month for a 1-bedroom house, about $829 for a 2-bedroom house and about $1,037 for a 3-bedroom house.
The average rent in Parsons is 50% ($1,019) lower than the national average of $2,036 per month.
The rental market in Parsons, TN is currently stable, with rentals spending about 31 days on the market, about the same as in Tennessee (32), and rents down 3.6% over the past year.
Based on the current averages, a household would need an annual income of about $33,200 to comfortably afford a 2-bedroom house in Parsons.
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