Cheap Apartments for Rent in the Downtown Mobile Neighborhood of Mobile, AL from $550 (90 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

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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.

property at 350 St Joseph St

$1,125 - $1,400

1 To 2 Bedroom Rentals

Available Now

350 St Joseph St

MobileAL36602
property at 415 Flint St

$1,200

3 Bedroom, 1 Bath Home for Rent

Unavailable

415 Flint St

MobileAL36604

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.

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Summerville Court
1 to 2 Bedroom Apartments

Summerville Court

214 Upham StMobile, AL 36607
  • Utilities Included
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Bird's Nest Apartments
1 Bedroom Apartments

Bird's Nest Apartments

2901 Pleasant Valley RdMobile, AL 36606
  • Utilities Included
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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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Murray Hill Commons
1 to 2 Bedroom Apartments

Murray Hill Commons

1240 Murray Hill CtMobile, AL 36606
  • Utilities Included
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Briarwood Apartments
1 to 2 Bedroom Apartments

Briarwood Apartments

151 Sage AveMobile, AL 36606
  • Utilities Included

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.

Downtown Mobile, Mobile, AL Local Guide

Cheapest Available Downtown Mobile Apartments for Rent

 

The cheapest available apartment rental in the Downtown Mobile area of Mobile, AL is a 2 Beds unit found at Bay Pointe Apartments priced from $725. The Hamptons at Pine Bend has the second lowest priced unit, which is a 1 Bed apartment currently listed from $767. Here are the most affordable Downtown Mobile apartments for rent in Mobile, AL:

Apartment ListingModel NameBed/BathPriced From
Bay Pointe Apartments2 Bed, 1 Bath2BR,1BA$725
The Hamptons at Pine BendHeritage1BR,1BA$767
Brookley Pointe1 Bedroom, 1 Bathroom1BR,1BA$781
Old Shell CommonsMidtown1BR,1BA$810
Brookhaven Apartments1 BR 1 Bath1BR,1BA$879
Bel Air712sf1BR,1BA$896
PROMOTION- Heritage Oaks @ NavcoMid Reno2BR,1BA$899
Elevate 758The Oaks - S2Studio,1BA$916

Best Value Apartments for Rent in Downtown Mobile, AL

As of August 31, 2026 the best value apartment in the Downtown Mobile area is the $1.07 price per square foot 3 BEDROOMS 1 BATHROOM Model at Midtown Oaks Townhomes in the in the Downtown Mobile neighborhood starting from $1,395. The second greatest value Downtown Mobile apartment is the 2x1.5 Model at Conti Bienville Apartments starting at $1,500 with a $1.15 price per square foot in the Owens neighborhood. Here is today’s list of the best values for Downtown Mobile apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Midtown Oaks Townhomes3 BEDROOMS 1 BATHROOM3BR,1BA$1.07
Conti Bienville Apartments2x1.52BR,1.5BA$1.15
Village at MidtownThe Bienville2BR,2BA$1.04
PROMOTION- Heritage Oaks @ NavcoEnhanced Upgrade2BR,1BA$0.98
Yester Oaks2 Bedroom 1 Bath2BR,1BA$1.18
The Flats at Midtown3 Bedroom3BR,1BA$1.11
202 Michigan Ave, Unit D202 Michigan Ave1BR,1BA$0.99
Bay Pointe Apartments2 Bed, 1 Bath2BR,1BA$0.94
The Hamptons at Pine BendHanover1BR,1BA$1.20
Brookley Pointe1 Bedroom, 1 Bathroom1BR,1BA$1.04

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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Real 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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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.

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Lifestyle Ratings

This website is proud to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Downtown Mobile, Mobile, and the greater Mobile area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Downtown Mobile Apartments

What is a cheap apartment in Downtown Mobile?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Mobile is under $916.

What is the price of a cheap apartment in Downtown Mobile?

The cheapest apartment in Downtown Mobile is The Hamptons at Pine Bend which is listed at $767, while the average apartment in Downtown Mobile costs $1,525.

What types of apartments are the cheapest in Downtown Mobile?

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 Downtown Mobile that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Downtown Mobile?

Cheap apartments in Downtown Mobile have an average cost of $193 which is $1,332 cheaper than the average rent for all rentals in Downtown Mobile.

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

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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.

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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.

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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.

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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.