
Cheap Apartments for Rent in the Central Business District Mobile, AL from $700 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central Business District area of Mobile.


The Gateway

310 N Conception St, Unit 3

Merchants Plaza

Oakleigh Village Apartments

350 St Joseph St
Rent According to Income: A Look at Income-Restricted Rentals
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Meridian at the Port

206 Congress St, Unit 2

Broad Street Lofts

Wheeler Lofts

Marine St. Lofts

Conti Bienville Apartments
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.

St. Charles Apartments

Washington Plaza Apartments

Bay Oaks Apartments

Church Hill Apartments

Elevate 758

1173 Texas St
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.

110 S Dearborn St

253 N Jackson St
Central Business District, Mobile, AL Local Guide

How much does it cost to rent an apartment in Central Business District?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central Business District Studio Apartments | $1,108 | $850 | $1,500 |
| Central Business District 1 Bedroom Apartments | $4,231 | $781 | $10,000+ |
| Central Business District 2 Bedroom Apartments | $1,892 | $981 | $2,817 |
| Central Business District 3 Bedroom Apartments | $3,080 | $3,080 | $3,080 |
| Central Business District 4 Bedroom Apartments | $3,811 | $3,811 | $3,811 |
Browse Apartments in this Neighborhood
There are currently 20 rentals with your search options within a 1 mile radius of the Central Business District Neighborhood of Mobile, AL.
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Central Business District, Mobile, AL Local Guide
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Cheapest Available Central Business District Apartments for Rent
 The cheapest available apartment rental in the Central Business District area of Mobile, AL is a 1 Bed unit found at Brookley Pointe priced from $781. Elevate 758 has the second lowest priced unit, which is a Studio apartment currently listed from $934. Here are the most affordable Central Business District apartments for rent in Mobile, AL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Brookley Pointe | 1 Bedroom, 1 Bathroom | 1BR,1BA | $781 |
| Elevate 758 | The Oaks - S6 | Studio,1BA | $934 |
| The Gateway | One Bedroom | Studio,1BA | $1,125 |
| Meridian at the Port | Stewart Field | 1BR,1BA | $1,248 |
| Wheeler Lofts | The Excelsior | 1BR,1BA | $1,432 |
Best Value Apartments for Rent in Central Business District, AL
As of July 26, 2026 the best value apartment in the Central Business District area is the $1.15 price per square foot 2x1.5 Model at Conti Bienville Apartments in the in the Owens neighborhood starting from $1,500. The second greatest value Central Business District apartment is the One Bedroom One and Half Bathroom B-15 Model at Merchants Plaza starting at $3,100 with a $2.49 price per square foot in the Owens neighborhood. Here is today’s list of the best values for Central Business District apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Conti Bienville Apartments | 2x1.5 | 2BR,1.5BA | $1.15 |
| Merchants Plaza | One Bedroom One and Half Bathroom B-15 | 1BR,1.5BA | $2.49 |
| Wheeler Lofts | The Excelsior | 1BR,1BA | $1.74 |
| Brookley Pointe | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.04 |
| Meridian at the Port | Ashland | 1BR,1BA | $2.33 |
| Elevate 758 | The Willow | 1BR,1BA | $1.94 |
| The Gateway | Two Bedroom One Bath | 1BR,1BA | $2.33 |
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.
Lifestyle Ratings
ApartmentHomeLiving.com compares millions of points of data to bring you comprehensive Lifestyle Ratings of neighborhoods, areas, and rental properties across Alabama including Central Business District, Mobile, and the greater Mobile area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, pet-friendly features, family-friendliness, proximity to transit, and more. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Central Business District Apartments
How much is rent for a Cheap One Bedroom Central Business District Apartment?
The lowest price for a Cheap One Bedroom Central Business District Apartment is $781 at Brookley Pointe.
What is the lowest price for a Cheap Two Bedroom Central Business District Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Central Business District is starting from $981 at Brookley Pointe.
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.

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.