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$1,045 - $1,7901 to 3 Bedroom Apartments Available Now
Cypress Cove Apartment Homes
2175 Schillinger RdMobile, AL 36695
Cheap Apartments for Rent in the Prospect Neighborhood of Mobile, AL from $700 (4 Rentals)
Search the lowest-cost Apartments available for rent right now in the Prospect area of Mobile.
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$781 - $1,407
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$781 - $1,407
Total Monthly Price
$781 - $1,407
Acasa Inverness Lakes
6700 Cottage Hill RdMobile, AL 36695
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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Rent Specials
$1,375 - $2,2871 to 3 Bedroom Apartments Available Now
Charleston Apartment Homes
2889 Sollie RdMobile, AL 36695
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1 to 3 Bedroom Apartments
Lakeview at Cottage Hill
6650 Cottage Hill RdMobile, AL 36695
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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Prospect, Mobile, AL Local Guide
How much does it cost to rent an apartment in Prospect?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Prospect 1 Bedroom Apartments | $1,241 | $781 | $1,395 |
| Prospect 2 Bedroom Apartments | $1,418 | $887 | $1,531 |
| Prospect 3 Bedroom Apartments | $1,552 | $1,171 | $1,750 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Prospect Neighborhood of Mobile, AL.
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Best Value Apartments for Rent in Prospect, AL
As of May 03, 2026 the best value apartment in the Prospect area is the $0.82 price per square foot 3 Bed 2 Bath Model at Acasa Inverness Lakes in the in the West Mobile neighborhood starting from $1,171. The second greatest value Prospect apartment is the The Haven Model at Cypress Cove Apartment Homes starting at $1,409 with a $1.16 price per square foot in the West Mobile neighborhood. Here is today’s list of the best values for Prospect apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Acasa Inverness Lakes | 3 Bed 2 Bath | 3BR,2BA | $0.82 |
| Cypress Cove Apartment Homes | The Haven | 2BR,2BA | $1.16 |
| Charleston Apartment Homes | Two Bedroom | 2BR,2BA | $1.34 |
Frequently Asked Questions about Cheap Prospect Apartments
What is the lowest price for a Cheap Two Bedroom Prospect Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Prospect is starting from $887 at Acasa Inverness Lakes.
What is the most affordable Prospect Three Bedroom Apartment?
The best deal on a cheap Prospect Three Bedroom Apartment rental is at Acasa Inverness Lakes and starts from $1,171.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
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.
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.