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$1,220 - $3,0031 to 2 Bedroom Apartments Available Now
Meridian at the Port
300 N Water StMobile, AL 36602
Cheap Apartments for Rent in the Central Business District Mobile, AL from $725 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central Business District area of Mobile.
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$1,040 - $3,100Studio to 2 Bedroom Apartments Contact Us For Availability
Merchants Plaza
56 Saint Joseph StMobile, AL 36602
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$781 - $1,0201 to 2 Bedroom Apartments Available Now
Brookley Pointe
600 S Washington AveMobile, AL 36603
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$850 - $1,700Studio to 2 Bedroom Apartments Available Now
The Gateway
350 Saint Joseph StMobile, AL 36602
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$1,486 - $2,4221 to 2 Bedroom Apartments Contact Us For Availability
Marine St. Lofts
951 Government StMobile, AL 36604
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$1,342 - $1,906Studio to 2 Bedroom Apartments Contact Us For Availability
Broad Street Lofts
304 S Broad StMobile, AL 36603
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.
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$1,432 - $2,2001 Bedroom Apartments Available Now
Wheeler Lofts
430 Saint Louis StMobile, AL 36602
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$1,400 - $1,5501 to 2 Bedroom Apartments Available Now
Conti Bienville Apartments
453 Conti StMobile, AL 36602
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Studio to 2 Bedroom Apartments
Elevate 758
758 St. Michael StMobile, AL 36602
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Studio to 2 Bedroom Apartments
St. Charles Apartments
963 Government StMobile, AL 36604
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1 to 3 Bedroom Apartments
Bay Oaks Apartments
851 Augusta StMobile, AL 36603
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2 Bedroom Apartments
Church Hill Apartments
1111 Church StMobile, AL 36604
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.
Showing Results 1-12, Page 1 of 1
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 | $1,112 | $850 | $1,500 |
| Central Business District 1 Bedroom Apartments | $4,662 | $781 | $10,000+ |
| Central Business District 2 Bedroom Apartments | $1,992 | $981 | $3,003 |
| Central Business District 3 Bedroom Apartments | $3,151 | $3,151 | $3,151 |
| Central Business District 4 Bedroom Apartments | $4,416 | $4,416 | $4,416 |
Browse Apartments in this Neighborhood
There are currently 12 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 $876. 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 - S2 | Studio,1BA | $876 |
| The Gateway | One Bedroom | Studio,1BA | $1,125 |
| Meridian at the Port | Stewart Field | 1BR,1BA | $1,297 |
| Conti Bienville Apartments | 1x1 Apt 2F | 1BR,1BA | $1,400 |
Best Value Apartments for Rent in Central Business District, AL
As of September 09, 2026 the best value apartment in the Central Business District area is the $2.34 price per square foot Monterey Model at Meridian at the Port in the in the Owens neighborhood starting from $2,560. The second greatest value Central Business District apartment is the The Excelsior Model at Wheeler Lofts starting at $1,432 with a $1.74 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. |
|---|---|---|---|
| Meridian at the Port | Monterey | 2BR,2BA | $2.34 |
| Wheeler Lofts | The Excelsior | 1BR,1BA | $1.74 |
| Brookley Pointe | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.04 |
| Conti Bienville Apartments | 1x1 Apt 2F | 1BR,1BA | $2.00 |
| The Gateway | Two Bedroom One Bath | 1BR,1BA | $2.33 |
| Elevate 758 | The Oaks - S2 | Studio ,1BA | $1.97 |
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.
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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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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
What is the price of a cheap apartment in Central Business District?
The cheapest apartment in Central Business District is Brookley Pointe which is listed at $781, while the average apartment in Central Business District costs $1,631.
What types of apartments are the cheapest in Central Business District?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 2 regular apartments in Central Business District that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
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.