Cheap Apartments for Rent in the Terrace Hills Neighborhood of Mobile, AL from $400 (46 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Terrace Hills 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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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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Eastwyck Apartments
1 to 3 Bedroom Apartments

Eastwyck Apartments

551 Village Green DrMobile, AL 36609
  • Utilities Included
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Bay Towne
1 to 3 Bedroom Apartments

Bay Towne

601 Village Green DrMobile, AL 36609
  • Utilities Included
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Glen Arbor
1 to 3 Bedroom Apartments

Glen Arbor

1100 Somerby DrMobile, AL 36695
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Lakeview at Cottage Hill
1 to 3 Bedroom Apartments

Lakeview at Cottage Hill

6650 Cottage Hill RdMobile, AL 36695
Corporate Housing
  • 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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Cottage Green
1 to 2 Bedroom Apartments

Cottage Green

5608 Cottage Hill RdMobile, AL 36609
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Asher Point
Studio to 2 Bedroom Apartments

Asher Point

650 S University BlvdMobile, AL 36609
Senior Living
  • Utilities Included

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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Showing Results 1-46, Page 1 of 1

Terrace Hills, Mobile, AL Local Guide

Cheapest Available Terrace Hills Apartments for Rent

 

The cheapest available apartment rental in the Terrace Hills area of Mobile, AL is a 1 Bed unit found at Dandale Apartments priced from $650. Montlimar has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here are the most affordable Terrace Hills apartments for rent in Mobile, AL:

Apartment ListingModel NameBed/BathPriced From
Dandale Apartments1 Bed, 1 bath1BR,1BA$650
Montlimar1 Bedroom1BR,1BA$695
Hunters Pointe1 Bdrm - 1 Bath1BR,1BA$765
Acasa Inverness Lakes1 Bed 1 Bath1BR,1BA$781
Coastal Pointe1AGa1BR,1BA$830
Clearview ApartmentsOne Bedroom/ One Bath1BR,1BA$875
Rondo Apartments2BR/1.5BA2BR,1BA$895
Cimarron RidgeA1U1BR,1BA$899
Knollwood1x1U1BR,1BA$950
PROMOTION - Heritage Oaks @ WakefieldMid - Upgrade2BR,1BA$950

Best Value Apartments for Rent in Terrace Hills, AL

As of August 20, 2026 the best value apartment in the Terrace Hills area is the $1.13 price per square foot Pelican II Model at Parkside at Cottage Hill in the in the Downtown Mobile neighborhood starting from $1,638. The second greatest value Terrace Hills apartment is the 3 Bed 2 Bath Model at Acasa Inverness Lakes starting at $1,171 with a $0.82 price per square foot in the West Mobile neighborhood. Here is today’s list of the best values for Terrace Hills apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Parkside at Cottage HillPelican II3BR,2BA$1.13
Acasa Inverness Lakes3 Bed 2 Bath3BR,2BA$0.82
Sandpiper3 Bedroom 2.5 Bath3BR,2.5BA$1.18
Rondo Apartments2BR/1.5BA2BR,1.5BA$0.78
Park West ApartmentsModena2BR,1BA$1.14
Southern OaksTwo Bedroom B2BR,2BA$1.22
PROMOTION - Heritage Oaks @ WakefieldEnhanced Upgrade2BR,1BA$1.14
Montlimar1 Bedroom1BR,1BA$0.93
Hunters Pointe1 Bdrm - 1 Bath1BR,1BA$1.20
Dandale Apartments1 Bed, 1 bath1BR,1BA$1.12

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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Pet Friendly Lifestyle
Terrace Hills, Mobile, AL

Ranked #37

Among cities in Alabama for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Terrace Hills Apartments

How much is rent for a Cheap One Bedroom Terrace Hills Apartment?

The lowest price for a Cheap One Bedroom Terrace Hills Apartment is $650 at Dandale Apartments.

What is the lowest price for a Cheap Two Bedroom Terrace Hills Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Terrace Hills is starting from $870 at Hunters Pointe.

What is the most affordable Terrace Hills Three Bedroom Apartment?

The best deal on a cheap Terrace Hills 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

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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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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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.