Cheap Apartments for Rent in the Park Place Neighborhood of Mobile, AL from $500 (58 Rentals)

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

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.

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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.

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Summerville Court
1 to 2 Bedroom Apartments

Summerville Court

214 Upham StMobile, AL 36607
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Briarwood Apartments
1 to 2 Bedroom Apartments

Briarwood Apartments

151 Sage AveMobile, AL 36606
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Welworth Estates
2 Bedroom Apartments

Welworth Estates

676 Welworth StMobile, AL 36617
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Midtown 250
1 Bedroom Apartments

Midtown 250

250 Sage AveMobile, AL 36606
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MLK Manor Apartments
1 to 2 Bedroom Apartments

MLK Manor Apartments

2027-2037 Martin Luther King AveMobile, AL 36617
  • Utilities Included

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.

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Bay Pointe Apartments
2 Bedroom Apartments

Bay Pointe Apartments

2419 St. Stephens RdMobile, AL 36617
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Palmier Apartments
Studio to 2 Bedroom Apartments

Palmier Apartments

400 Westwood StMobile, AL 36606
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Park Place, Mobile, AL Local Guide

Cheapest Available Park Place Apartments for Rent

 

The cheapest available apartment rental in the Park Place area of Mobile, AL is a 1 Bed unit found at Manchester Park Apartments priced from $690. 8 S Reed Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here are the most affordable Park Place apartments for rent in Mobile, AL:

Apartment ListingModel NameBed/BathPriced From
Manchester Park Apartments1 BR 1 Bath1BR,1BA$690
8 S Reed AveStudio1BR,1BA$800
Old Shell CommonsMidtown1BR,1BA$810
Stonewall ApartmentsPartial Reno2BR,1BA$900
Bel Air650sf1BR,1BA$919
Village at MidtownThe Bienville2BR,2BA$980
Ann Street LoftsThe Ann at Ann St. Lofts1BR,1BA$1,017
Old Shell LoftsThe MontereyStudio,1BA$1,042
Midtown Oaks Townhomes3 BEDROOMS 1 BATHROOM3BR,1BA$1,054

Best Value Apartments for Rent in Park Place, AL

As of November 03, 2025 the best value apartment in the Park Place area is the $0.86 price per square foot The Lafayette Model at Village at Midtown in the in the Owens neighborhood starting from $1,241. The second greatest value Park Place apartment is the 2 BEDROOMS 2 BATHROOMS Model at Midtown Oaks Townhomes starting at $1,301 with a $1.04 price per square foot in the Downtown Mobile neighborhood. Here is today’s list of the best values for Park Place apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Village at MidtownThe Lafayette3BR,2BA$0.86
Midtown Oaks Townhomes2 BEDROOMS 2 BATHROOMS2BR,2BA$1.04
Stonewall ApartmentsFurnished - Full Reno2BR,1BA$1.26
The Flats at Midtown3 Bedroom3BR,1BA$1.34
200 Michigan Ave, Unit 1200 Michigan Ave1BR,1BA$1.12
Parkside at Cottage HillSanderling I1BR,1BA$1.70
Ann Street LoftsThe Ann at Ann St. Lofts1BR,1BA$1.56
Bel Air650sf1BR,1BA$1.41
Old Shell CommonsMidtown1BR,1BA$1.42
Manchester Park Apartments1 BR 1 Bath1BR,1BA$1.30

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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.

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The 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.

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Quick 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.

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Pet Friendly Lifestyle
Park Place, Mobile, AL

Ranked #33

Among cities in Alabama for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Park Place, Mobile, AL

School data provided by Great Schools

Lifestyle Ratings

Our team of engineers and researchers compares millions of points of data to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, including Park Place, Mobile, and the greater Mobile area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and proximity to parks, places to raise kids, raising pets, transit options, and other valuable search options. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Park Place Apartments

What is the Cheapest Studio apartment in Park Place?

Currently the most affordable Cheap Studio Apartment in Park Place is at 8 S Reed Ave listed at $800.

How much is rent for a Cheap One Bedroom Park Place Apartment?

The lowest price for a Cheap One Bedroom Park Place Apartment is $690 at Manchester Park Apartments.

What is the lowest price for a Cheap Two Bedroom Park Place Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Park Place is starting from $724 at The Flats at Midtown.

What is the most affordable Park Place Three Bedroom Apartment?

The best deal on a cheap Park Place Three Bedroom Apartment rental is at Midtown Oaks Townhomes and starts from $1,054.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.