Cheap Homes for Rent in the Hannon Park Neighborhood of Mobile, AL from $700 (8 Rentals)

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

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.

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.

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 ListingModel NameBed/BathPriced From
Old Shell CommonsMidtown1BR,1BA$810
Ann Street LoftsThe Ann at Ann St. Lofts1BR,1BA$1,097
Lofts at MidtownThe Midtown2BR,1BA$1,434

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 ListingModel NameBed/BathPrice Per Sq.Ft.
Lofts at MidtownThe Midtown2BR,1BA$1.79
Old Shell LoftsThe Camelia1BR,1BA$2.05
Ashland Park1x1 Carriage with Attached Garage1BR,1BA$2.61
Ann Street LoftsThe Ann at Ann St. Lofts1BR,1BA$1.68
Old Shell CommonsMidtown1BR,1BA$1.42

Frequently Asked Questions about Hannon Park

What type of rentals are currently available in Hannon Park?

There are currently 51 Apartments for Rent in Hannon Park, AL with pricing that ranges from $810 to $5,721. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hannon Park ranging from $750 to $3,200.

What is the current price range for Rental Homes in Hannon Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Hannon Park ranges from $750 to $3,200 with an average monthly rent of $1,423.

How much are larger Three and Four Bedroom Rentals in Hannon Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Hannon Park range from $1,650 to $3,958, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $3,200. Four Bedroom Single-Family rentals are also available starting from $1,295 and Four Bedroom Apartments start at $4,005.

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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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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.