
Cheap Homes for Rent in Central Business District Mobile, AL from $600 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Central Business District area of Mobile.


904 Palmetto St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

206 Congress St, Unit 2, Unit 2

961 Old Shell Rd
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.
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 | $1,628 | $675 | $2,150 |
| Central Business District 3 Bedroom Homes for Rent | $1,347 | $1,295 | $1,400 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 1 mile radius of the Central Business District Neighborhood of Mobile, AL.
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Best Value Apartments for Rent in Central Business District, AL
As of April 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 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 |
| Meridian at the Port | Monterey | 2BR,2BA | $2.30 |
| Wheeler Lofts | Private Loft | 1BR,1.5BA | $2.51 |
| Broad Street Lofts | The Azalea | 1BR,1BA | $2.07 |
| 310 N Conception St, Unit 4 | 310 N Conception St | 1BR,1BA | $1.27 |
| Brookley Pointe | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.04 |
| Oakleigh Village Apartments | Two Bedroom/ One Bath | 2BR,1BA | $1.34 |
| The Gateway | Two Bedroom One Bath | 1BR,1BA | $2.33 |
| Elevate 758 | The Oaks - S7 | Studio ,1BA | $2.15 |
Frequently Asked Questions about Central Business District
What type of rentals are currently available in Central Business District?
There are currently 44 Apartments for Rent in Central Business District, AL with pricing that ranges from $781 to $5,108. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Business District ranging from $675 to $2,150.
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 $675 to $2,150 with an average monthly rent of $1,487.
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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.