Cheap Apartments for Rent in the Park Place Neighborhood of Mobile, AL from $500 (44 Rentals)

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

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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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Summerville Court
1 to 2 Bedroom Apartments

Summerville Court

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

Briarwood Apartments

151 Sage AveMobile, AL 36606
  • Utilities Included
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Welworth Estates
2 Bedroom Apartments

Welworth Estates

676 Welworth StMobile, AL 36617
  • Utilities Included
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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

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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Palmier Apartments
Studio to 2 Bedroom Apartments

Palmier Apartments

400 Westwood StMobile, AL 36606
  • Utilities Included

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.

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Showing Results 1-44, Page 1 of 1

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 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 ListingModel NameBed/BathPriced From
Bay Pointe Apartments2 Bed, 1 Bath2BR,1BA$725
Old Shell CommonsMidtown1BR,1BA$810
Brookhaven Apartments1 BR 1 Bath1BR,1BA$879
The Flats at Midtown2 Bedroom 1 Bath2BR,1BA$898
Midtown Commons ApartmentsOne Bedroom/ One Bath1BR,1BA$900
Bel Air712sf1BR,1BA$960
Midtown Oaks Townhomes2 BEDROOMS 1 BATHROOM2BR,1BA$965
Village at MidtownThe Bienville2BR,2BA$1,303
The Portier MidtownAtticus1BR,1BA$1,649
Ashland Park1x1 Rowhouse1BR,1BA$1,675

Best Value Apartments for Rent in Park Place, AL

As of June 11, 2026 the best value apartment in the Park Place area is the $1.06 price per square foot 2 BEDROOMS 2 BATHROOMS Model at Midtown Oaks Townhomes in the in the Downtown Mobile neighborhood starting from $1,330. The second greatest value Park Place apartment is the The Bienville Model at Village at Midtown starting at $1,303 with a $1.12 price per square foot in the Owens 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.
Midtown Oaks Townhomes2 BEDROOMS 2 BATHROOMS2BR,2BA$1.06
Village at MidtownThe Bienville2BR,2BA$1.12
The Portier MidtownDulcie - Carriage House1BR,1BA$2.51
Bay Pointe Apartments2 Bed, 1 Bath2BR,1BA$0.94
Ashland Park1x1 Carriage with Attached Garage1BR,1BA$2.61
Bel Air712sf1BR,1BA$1.35
The Flats at Midtown2 Bedroom 1 Bath2BR,1BA$1.34
Brookhaven Apartments1 BR 1 Bath1BR,1BA$1.38
Old Shell CommonsMidtown1BR,1BA$1.42
Midtown Commons ApartmentsOne Bedroom/ One Bath1BR,1BA$1.73

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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Real 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.

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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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Best Local Schools in
Park Place, Mobile, AL

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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

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 Midtown Oaks Townhomes and starts from $1,080.

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

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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.