Cheap Homes for Rent in Central Business District Mobile, AL from $1,200 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Central Business District area of Mobile.
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

358 Rapier Ave

206 Congress St, Unit 2

1159 Hercules St

1000 Selma St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Central Business District, Mobile, AL Local Guide
How much does it cost to rent a home in Central Business District?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Central Business District 2 Bedroom Homes for Rent | $1,923 | $1,295 | $2,525 |
Central Business District 3 Bedroom Homes for Rent | $1,458 | $1,225 | $1,650 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 1 mile radius of the Central Business District Neighborhood of Mobile, AL.
Explore Mobile
Central Business District, Mobile, AL Local Guide
- Nearby Mobile neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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. The Gateway has the second lowest priced unit, which is a Studio apartment currently listed from $850. 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 |
The Gateway | Studio | Studio,1BA | $850 |
Oakleigh Village Apartments | 2x1 | 2BR,1BA | $1,050 |
Best Value Apartments for Rent in Central Business District, AL
As of May 30, 2025 the best value apartment in the Central Business District area is the $1.56 price per square foot The Palm at Marine St. Lofts Model at Marine St. Lofts in the in the Owens neighborhood starting from $1,612. The second greatest value Central Business District apartment is the 2x1 Model at Wheeler Lofts starting at $1,850 with a $1.87 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. |
---|---|---|---|
Marine St. Lofts | The Palm at Marine St. Lofts | 1BR,1BA | $1.56 |
Wheeler Lofts | 2x1 | 2BR,1BA | $1.87 |
Conti Bienville Apartments | 2x1 | 2BR,1BA | $1.64 |
Brookley Pointe | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.04 |
Oakleigh Village Apartments | 2x1 | 2BR,1BA | $1.42 |
Meridian at the Port | Ashland | 1BR,1BA | $1.98 |
Broad Street Lofts | The Callaghan | 1BR,1BA | $2.04 |
The Gateway | Studio | Studio ,1BA | $2.39 |
Quick 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.
Frequently Asked Questions about Central Business District
What type of rentals are currently available in Central Business District?
There are currently 45 Apartments for Rent in Central Business District, AL with pricing that ranges from $781 to $5,630. There are also 12 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Business District ranging from $1,225 to $2,525.
What is the current price range for Rental Homes in Central Business District?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Central Business District ranges from $1,225 to $2,525 with an average monthly rent of $1,690.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.