Cheap Apartments for Rent in the Park Place Neighborhood of Mobile, AL from $500 (31 Rentals)

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

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.

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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.

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property at 664 Cherokee St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

3 Bedroom, 1 Bath Home for Rent

Available Now

664 Cherokee St

MobileAL36606
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Summerville Court
1 to 2 Bedroom Apartments

Summerville Court

214 Upham StMobile, AL 36607
  • Utilities Included
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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

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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MLK Manor Apartments
1 to 2 Bedroom Apartments

MLK Manor Apartments

2027-2037 Martin Luther King AveMobile, AL 36617
  • Utilities Included
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Palmier Apartments
Studio to 2 Bedroom Apartments

Palmier Apartments

400 Westwood StMobile, AL 36606
  • Utilities Included

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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Showing Results 1-31, 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 The Flats at Midtown priced from $627. Bay Pointe Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $725. Here are the most affordable Park Place apartments for rent in Mobile, AL:

Apartment ListingModel NameBed/BathPriced From
The Flats at Midtown2 Bedroom 1 Bath2BR,1BA$627
Bay Pointe Apartments2 Bed, 1 Bath2BR,1BA$725
Old Shell CommonsMidtown1BR,1BA$810
Bel Air701sf1BR,1BA$839
Brookhaven Apartments1 BR 1 Bath1BR,1BA$879
Midtown Commons ApartmentsOne Bedroom/ One Bath1BR,1BA$900
Midtown Oaks Townhomes2 BEDROOMS 2 BATHROOMS2BR,2BA$1,040
The Portier MidtownAtticus1BR,1BA$1,599
Ashland Park1x1 Rowhouse1BR,1BA$1,675

Best Value Apartments for Rent in Park Place, AL

As of July 26, 2026 the best value apartment in the Park Place area is the $1.07 price per square foot 3 BEDROOMS 1 BATHROOM Model at Midtown Oaks Townhomes in the in the Downtown Mobile neighborhood starting from $1,395. The second greatest value Park Place apartment is the Dulcie - Carriage House Model at The Portier Midtown starting at $2,345 with a $2.51 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.
Midtown Oaks Townhomes3 BEDROOMS 1 BATHROOM3BR,1BA$1.07
The Portier MidtownDulcie - Carriage House1BR,1BA$2.51
The Flats at Midtown3 Bedroom3BR,1BA$1.09
Bay Pointe Apartments2 Bed, 1 Bath2BR,1BA$0.94
Ashland Park1x1 Carriage with Attached Garage1BR,1BA$2.61
Bel Air712sf1BR,1BA$1.20
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

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

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 $627 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 The Flats at Midtown and starts from $998.

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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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.

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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.

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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.