
Cheap Apartments for Rent in the Park Place Neighborhood of Mobile, AL from $550 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in the Park Place area of Mobile.


Bay Pointe Apartments

8 Kenneth St

Total Monthly Price
1358 Church St, Unit Garage apt.

Old Shell Commons

8 S Reed Ave

Bel Air

Total Monthly Price
202 Michigan Ave, Unit D

1304-1306 Hercules St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Brookhaven Apartments

442 Cottage Hill Rd

Midtown 250

Midtown Commons Apartments

D'iberville Apartments

Midtown Oaks Townhomes

377 Tuttle Ave

1504 Dauphin St

Village at Midtown
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

415 Flint St

Ann Street Lofts

Parkside at Cottage Hill

Summerville Court

Ashland Court Apartments

Briarwood Apartments

Welworth Estates

MLK Manor Apartments

Church Hill Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Stonewall Apartments

109 S Carlen St

2451 Richard Ave

Palmier Apartments

1848 Canal St

250 Tuttle Ave

Heritage Oaks @ Virginia (Section 8)

7 S Monterey St

704 Louise Dr W
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.

1107 Rotterdam St

214 Upham St, Unit 11A

504 Farnell Ln

214 Upham St, Unit 13C

166 Kenan St

112 Tally Ct W

506 May St

2 N Carlen St

1615 Government 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.

554 Mohawk St
Park Place, Mobile, AL Local Guide

How much does it cost to rent an apartment in Park Place?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Park Place Studio Apartments | $1,392 | $825 | $1,799 |
| Park Place 1 Bedroom Apartments | $1,543 | $785 | $2,345 |
| Park Place 2 Bedroom Apartments | $1,571 | $725 | $2,785 |
| Park Place 3 Bedroom Apartments | $2,121 | $1,315 | $4,522 |
| Park Place 4 Bedroom Apartments | $4,239 | $3,553 | $4,672 |
Browse Apartments in this Neighborhood
There are currently 46 rentals with your search options within a 2 mile radius of the Park Place Neighborhood of Mobile, AL.
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Park Place, Mobile, AL Local Guide
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Cheapest Available Park Place Apartments for Rent
 The cheapest available apartment rental in the Park Place area of Mobile, AL is a 2 Beds unit found at Bay Pointe Apartments priced from $725. Old Shell Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $810. Here are the most affordable Park Place apartments for rent in Mobile, AL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bay Pointe Apartments | 2 Bed, 1 Bath | 2BR,1BA | $725 |
| Old Shell Commons | Midtown | 1BR,1BA | $810 |
| Brookhaven Apartments | 1 BR 1 Bath | 1BR,1BA | $879 |
| Heritage Oaks @ Virginia (Section 8) | Enhanced Upgrade | 2BR,1BA | $999 |
| Village at Midtown | The Jackson | 1BR,1BA | $1,150 |
| Ann Street Lofts | The Ann at Ann St. Lofts | 1BR,1BA | $1,217 |
| Midtown Oaks Townhomes | 2 BEDROOMS 1 BATHROOM | 2BR,1BA | $1,225 |
| The Flats at Midtown | 3 Bedroom | 3BR,1BA | $1,327 |
| Lofts at Midtown | The Florida | Studio,1BA | $1,334 |
Best Value Apartments for Rent in Park Place, AL
As of September 09, 2026 the best value apartment in the Park Place area is the $1.07 price per square foot 1303sf Model at Bel Air in the in the Downtown Mobile neighborhood starting from $1,398. The second greatest value Park Place apartment is the 3 BEDROOMS 1 BATHROOM Model at Midtown Oaks Townhomes starting at $1,395 with a $1.07 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Bel Air | 1303sf | 2BR,2BA | $1.07 |
| Midtown Oaks Townhomes | 3 BEDROOMS 1 BATHROOM | 3BR,1BA | $1.07 |
| Old Shell Lofts | The Hibiscus | 2BR,1BA | $1.64 |
| Village at Midtown | The Jackson | 1BR,1BA | $1.18 |
| Springhill Oaks | Small Flat | 2BR,1.5BA | $1.68 |
| The Flats at Midtown | 3 Bedroom | 3BR,1BA | $1.45 |
| 202 Michigan Ave, Unit D | 202 Michigan Ave | 1BR,1BA | $0.94 |
| Bay Pointe Apartments | 2 Bed, 1 Bath | 2BR,1BA | $0.94 |
| Brookhaven Apartments | 1 BR 1 Bath | 1BR,1BA | $1.38 |
| Old Shell Commons | Midtown | 1BR,1BA | $1.42 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
Best Local Schools in Park Place, Mobile, AL
Booker T Washington Middle School
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 Lofts at Midtown listed at $1,334.
How much is rent for a Cheap One Bedroom Park Place Apartment?
The lowest price for a Cheap One Bedroom Park Place Apartment is $810 at Old Shell Commons.
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 $725 at Bay Pointe Apartments.
What is the most affordable Park Place Three Bedroom Apartment?
The best deal on a cheap Park Place Three Bedroom Apartment rental is at The Flats at Midtown and starts from $1,327.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.