Cheap Homes for Rent in Hannon Park Neighborhood of Mobile, AL from $600 (7 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. 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$1,652

Best Value Apartments for Rent in Hannon Park, AL

As of April 11, 2026 the best value apartment in the Hannon Park area is the $2.06 price per square foot The Toolen Model at Old Shell Lofts in the in the Owens neighborhood starting from $1,652. The second greatest value Hannon Park apartment is the 202 Michigan Ave Model at 202 Michigan Ave, Unit D starting at $850 with a $1.06 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$2.06
202 Michigan Ave, Unit D202 Michigan Ave1BR,1BA$1.06
Oakleigh Village ApartmentsTwo Bedroom/ One Bath2BR,1BA$1.34
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 48 Apartments for Rent in Hannon Park, AL with pricing that ranges from $695 to $11,562. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hannon Park ranging from $675 to $2,750.

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 $675 to $2,750 with an average monthly rent of $1,573.

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 $1,750 to $4,091, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $2,750. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $3,757.

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 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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.