
Cheap Apartments for Rent in the Hannon Park Neighborhood of Mobile, AL from $500 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Hannon Park area of Mobile.


Old Shell Commons

D'iberville Apartments

Oakleigh Village Apartments

Summerville Court

1055 Church St

12 S Catherine 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.

Church Hill Apartments

Stonewall Apartments

1321 SpringHill Ave

1324 Chamberlain Ave

262 McDonald Ave

134 N Carlen St

1009 Miami 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.
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 | $1,259 | $695 | $1,623 |
| Hannon Park 1 Bedroom Apartments | $1,496 | $695 | $2,031 |
| Hannon Park 2 Bedroom Apartments | $1,633 | $915 | $2,292 |
| Hannon Park 3 Bedroom Apartments | $2,740 | $1,750 | $4,079 |
| Hannon Park 4 Bedroom Apartments | $4,396 | $3,746 | $5,121 |
Browse Apartments in this Neighborhood
There are currently 14 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. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Old Shell Commons | Midtown | 1BR,1BA | $810 |
| Oakleigh Village Apartments | Two Bedroom/ One Bath | 2BR,1BA | $995 |
| Old Shell Lofts | The Toolen | 2BR,1BA | $1,552 |
Best Value Apartments for Rent in Hannon Park, AL
As of April 17, 2026 the best value apartment in the Hannon Park area is the $1.93 price per square foot The Toolen Model at Old Shell Lofts in the in the Owens neighborhood starting from $1,552. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Old Shell Lofts | The Toolen | 2BR,1BA | $1.93 |
| Oakleigh Village Apartments | Two Bedroom/ One Bath | 2BR,1BA | $1.34 |
| Old Shell Commons | Midtown | 1BR,1BA | $1.42 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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
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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 $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 $915 at Old Shell Commons.
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.