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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 $740 (4 Rentals)
Search the lowest-cost Apartments available for rent right now in the Prospect area of Mobile.
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Rent Specials
$975 - $1,557
Total Monthly Price
Base Rent$975 - $1,557
Total Monthly Price$975 - $1,557
Acasa Inverness Lakes
6700 Cottage Hill RdMobile, AL 36695
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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$1,498 - $2,1521 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
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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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 | $1,314 | $975 | $1,528 |
| Prospect 2 Bedroom Apartments | $1,478 | $1,190 | $1,640 |
| Prospect 3 Bedroom Apartments | $1,663 | $1,557 | $1,722 |
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 September 20, 2026 the best value apartment in the Prospect area is the $1.09 price per square foot 3 Bed 2 Bath Model at Acasa Inverness Lakes in the West Mobile neighborhood starting from $1,557. The second greatest value Prospect apartment is the Three Bedroom Model at Cottage Hill Farms in the West Mobile neighborhood starting at $1,722 with a $1.43 price per square foot. 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 | $1.09 |
| Cottage Hill Farms | Three Bedroom | 3BR, 2BA | $1.43 |
| Cypress Cove Apartment Homes | The Cypress | 1BR, 1BA | $1.33 |
| Charleston Apartment Homes | One Bedroom | 1BR, 1BA | $1.69 |
Frequently Asked Questions about Cheap Prospect Apartments
How much is rent for a Cheap One Bedroom Prospect Apartment?
The lowest price for a Cheap One Bedroom Prospect Apartment is $975 at Acasa Inverness Lakes.
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 $1,190 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 $1,557.
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.
How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.
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.