Cheap Apartments for Rent in the Hannon Park Neighborhood of Mobile, AL from $500 (12 Rentals)

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

property at 1013 Elmira St

$745 - $995

1 To 2 Bedroom Rentals

Available Now

1013 Elmira St

MobileAL36604
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Summerville Court
1 to 2 Bedroom Apartments

Summerville Court

214 Upham StMobile, AL 36607
  • Utilities Included

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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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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.

Hannon Park, Mobile, AL Local Guide

Cheapest Available Hannon Park Apartments for Rent

 

The cheapest available apartment rental in the Hannon Park area of Mobile, AL is a 1 Bed unit found at Old Shell Commons priced from $810. Oakleigh Village Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $995. Here are the most affordable Hannon Park apartments for rent in Mobile, AL:

Apartment ListingModel NameBed/BathPriced From
Old Shell CommonsMidtown1BR,1BA$810
Oakleigh Village ApartmentsTwo Bedroom/ One Bath2BR,1BA$995
Old Shell LoftsThe Toolen2BR,1BA$1,513

Best Value Apartments for Rent in Hannon Park, AL

As of June 01, 2026 the best value apartment in the Hannon Park area is the $1.88 price per square foot The Toolen Model at Old Shell Lofts in the in the Owens neighborhood starting from $1,513. The second greatest value Hannon Park apartment is the Two Bedroom/ One Bath Model at Oakleigh Village Apartments starting at $995 with a $1.34 price per square foot in the Owens neighborhood. Here is today’s list of the best values for Hannon Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Old Shell LoftsThe Toolen2BR,1BA$1.88
Oakleigh Village ApartmentsTwo Bedroom/ One Bath2BR,1BA$1.34
Ashland Park1x1 Carriage with Attached Garage1BR,1BA$2.61
Old Shell CommonsMidtown1BR,1BA$1.42

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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Lifestyle Ratings

ApartmentHomeLiving.com works hard to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, and customized analysis for Central Mobile. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, features that make it easier to raise kids, raising pets, transit options, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Hannon Park Apartments

How much is rent for a Cheap One Bedroom Hannon Park Apartment?

The lowest price for a Cheap One Bedroom Hannon Park Apartment is $810 at Old Shell Commons.

What is the lowest price for a Cheap Two Bedroom Hannon Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Hannon Park is starting from $995 at Oakleigh Village Apartments.

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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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.