
Cheap Apartments for Rent in the Hannon Park Neighborhood of Mobile, AL from $500 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Hannon Park area of Mobile.


8 S Reed Ave

D'iberville Apartments

Oakleigh Village Apartments

Ann Street Lofts
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.

Summerville Court

450 Williams St

Church Hill Apartments

Stonewall Apartments

1173 Texas St
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.

250 Tuttle Ave

1009 Miami St

7 S Monterey St

377 Tuttle Ave

128 Bush Ave
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.

561 Tuttle Ave
Hannon Park, Mobile, AL Local Guide

How much does it cost to rent an apartment in Hannon Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hannon Park Studio Apartments | $1,310 | $825 | $1,763 |
| Hannon Park 1 Bedroom Apartments | $1,460 | $810 | $2,045 |
| Hannon Park 2 Bedroom Apartments | $1,664 | $915 | $2,426 |
| Hannon Park 3 Bedroom Apartments | $2,742 | $1,650 | $3,958 |
| Hannon Park 4 Bedroom Apartments | $4,137 | $4,005 | $4,376 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Hannon Park Neighborhood of Mobile, AL.
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Hannon Park, Mobile, AL Local Guide
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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. Ann Street Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,097. Here are the most affordable Hannon Park apartments for rent in Mobile, AL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Old Shell Commons | Midtown | 1BR,1BA | $810 |
| Ann Street Lofts | The Ann at Ann St. Lofts | 1BR,1BA | $1,097 |
| Lofts at Midtown | The Midtown | 2BR,1BA | $1,434 |
| Old Shell Lofts | The Camelia | 1BR,1BA | $1,523 |
| Ashland Park | 1x1 Rowhouse | 1BR,1BA | $1,675 |
Best Value Apartments for Rent in Hannon Park, AL
As of July 17, 2026 the best value apartment in the Hannon Park area is the $1.79 price per square foot The Midtown Model at Lofts at Midtown in the in the Owens neighborhood starting from $1,434. The second greatest value Hannon Park apartment is the The Camelia Model at Old Shell Lofts starting at $1,523 with a $2.05 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lofts at Midtown | The Midtown | 2BR,1BA | $1.79 |
| Old Shell Lofts | The Camelia | 1BR,1BA | $2.05 |
| Ashland Park | 1x1 Carriage with Attached Garage | 1BR,1BA | $2.61 |
| Ann Street Lofts | The Ann at Ann St. Lofts | 1BR,1BA | $1.68 |
| Old Shell Commons | Midtown | 1BR,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.
Read ArticleReal 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.
Read ArticleQuick 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.
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 $1,434 at Lofts at Midtown.
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

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.