
Cheap Apartments for Rent in the Hannon Park Neighborhood of Mobile, AL from $500 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Hannon Park area of Mobile.


1013 Elmira St

1504 Dauphin St

Old Shell Commons
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.

14 S Lafayette St

Summerville Court

1152 Texas St

Church Hill Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Stonewall Apartments
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 | $1,029 | $695 | $1,327 |
| Hannon Park 1 Bedroom Apartments | $1,218 | $695 | $1,792 |
| Hannon Park 2 Bedroom Apartments | $1,348 | $795 | $2,147 |
| Hannon Park 3 Bedroom Apartments | $1,949 | $1,467 | $2,432 |
Browse Apartments in this Neighborhood
There are currently 9 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 8 S Reed Ave priced from $695. Old Shell Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $810. Here are the most affordable Hannon Park apartments for rent in Mobile, AL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 8 S Reed Ave | 1 Bed | 1BR,1BA | $695 |
| Old Shell Commons | Midtown | 1BR,1BA | $810 |
| Ann Street Lofts | The Ann at Ann St. Lofts | 1BR,1BA | $1,017 |
Best Value Apartments for Rent in Hannon Park, AL
As of January 12, 2026 the best value apartment in the Hannon Park area is the $1.56 price per square foot The Ann at Ann St. Lofts Model at Ann Street Lofts in the in the Owens neighborhood starting from $1,017. The second greatest value Hannon Park apartment is the The Serda Model at Old Shell Lofts starting at $1,316 with a $2.02 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. |
|---|---|---|---|
| Ann Street Lofts | The Ann at Ann St. Lofts | 1BR,1BA | $1.56 |
| Old Shell Lofts | The Serda | 1BR,1BA | $2.02 |
| Old Shell Commons | Midtown | 1BR,1BA | $1.42 |
| 8 S Reed Ave | 2 Bed | 2BR,1BA | $1.82 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 $695 at 8 S Reed Ave.
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 $1,000 at 8 S Reed Ave.
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

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!