
Cheap Apartments for Rent in the Prospect Neighborhood of Mobile, AL from $600 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Prospect area of Mobile.


Acasa Inverness Lakes

79 Fifty Nine
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 | $1,096 | $995 | $1,289 |
| Prospect 2 Bedroom Apartments | $1,229 | $1,195 | $1,489 |
| Prospect 3 Bedroom Apartments | $1,371 | $1,270 | $1,529 |
Browse Apartments in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Prospect Neighborhood of Mobile, AL.
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Prospect, Mobile, AL Local Guide
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Cheapest Available Prospect Apartments for Rent
 The cheapest available apartment rental in the Prospect area of Mobile, AL is a 1 Bed unit found at 79 Fifty Nine priced from $995. Cypress Cove Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,019. Here are the most affordable Prospect apartments for rent in Mobile, AL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 79 Fifty Nine | One Bedrooom | 1BR,1BA | $995 |
| Cypress Cove Apartment Homes | The Tide | 1BR,1BA | $1,019 |
| Acasa Inverness Lakes | 1 Bed 1 Bath | 1BR,1BA | $1,100 |
Best Value Apartments for Rent in Prospect, AL
As of October 28, 2025 the best value apartment in the Prospect area is the $1.03 price per square foot 1 Bed 1 Bath Model at Acasa Inverness Lakes in the in the West Mobile neighborhood starting from $1,100. The second greatest value Prospect apartment is the One Bedroom Model at Charleston Apartment Homes starting at $1,328 with a $1.50 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 | 1 Bed 1 Bath | 1BR,1BA | $1.03 |
| Charleston Apartment Homes | One Bedroom | 1BR,1BA | $1.50 |
| 79 Fifty Nine | One Bedrooom | 1BR,1BA | $1.17 |
| Cypress Cove Apartment Homes | The Tide | 1BR,1BA | $1.62 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleProspect, Mobile, AL
Ranked #89
Among cities in Alabama for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Prospect Neighborhood in Mobile, AL
Walk Score®
19 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
25 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Prospect Apartments
What is the price of a cheap apartment in Prospect?
The cheapest apartment in Prospect is 79 Fifty Nine which is listed at $995, while the average apartment in Prospect costs $1,320.
What types of apartments are the cheapest in Prospect?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 12 regular apartments in Prospect that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Prospect?
Cheap apartments in Prospect have an average cost of $566 which is $754 cheaper than the average rent for all rentals in Prospect.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.





