Cheap Apartments for Rent in the Central Business District Mobile, AL from $700 (14 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Central Business District area of Mobile.

property at 1013 Elmira St

$745 - $1,195

1 To 2 Bedroom Rentals

Available Now

1013 Elmira St

MobileAL36604

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.

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St. Charles Apartments
Studio to 2 Bedroom Apartments

St. Charles Apartments

963 Government StMobile, AL 36604
  • Utilities Included
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Elevate 758
Studio to 2 Bedroom Apartments

Elevate 758

758 St. Michael StMobile, AL 36602
Corporate Housing

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Central Business District, Mobile, AL Local Guide

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 $784. Here are the most affordable Central Business District apartments for rent in Mobile, AL:

Apartment ListingModel NameBed/BathPriced From
Brookley Pointe1 Bedroom, 1 Bathroom1BR,1BA$781
Elevate 758The Oaks - S7Studio,1BA$784
The GatewayOne BedroomStudio,1BA$1,125
Marine St. LoftsThe Wisteria at Marine St. Lofts1BR,1BA$1,216
Meridian at the PortStewart Field1BR,1BA$1,297

Best Value Apartments for Rent in Central Business District, AL

As of January 13, 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 302 N Joachim St Model at 302 N Joachim St, Unit A starting at $1,150 with a $1.05 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Conti Bienville Apartments2x1.52BR,1.5BA$1.15
302 N Joachim St, Unit A302 N Joachim St2BR,1.5BA$1.05
Meridian at the PortMagnolia2BR,2BA$2.43
Wheeler Lofts2x12BR,1BA$1.87
Marine St. LoftsThe Wisteria at Marine St. Lofts1BR,1BA$1.50
Brookley Pointe1 Bedroom, 1 Bathroom1BR,1BA$1.04
Merchants PlazaOne Bedroom One Bathroom A-21BR,1BA$1.79
Broad Street LoftsThe Georgia1BR,1BA$1.84
Elevate 758The Magnolia1BR,1BA$1.89
The GatewayTwo Bedroom One Bath1BR,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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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

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

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!