
Cheap Apartments for Rent in the The Loop Neighborhood of Mobile, AL from $500 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in the The Loop area of Mobile.


Bel Air

626 Glenwood St

Old Shell Commons

8 S Reed Ave

Total Monthly Price
1208 Alba St, Unit 1208d

442 Cottage Hill Rd, Unit 13

Brookhaven Apartments

Midtown 250
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.

PROMOTION- Heritage Oaks @ Navco

Midtown Commons Apartments

Total Monthly Price
Pleasant Valley Court

Total Monthly Price
202 Michigan Ave, Unit D

D'iberville Apartments

Midtown Oaks Townhomes

Oakleigh Village Apartments

Ann Street Lofts

666 Cherokee St
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.

664 Cherokee St

Village at Midtown

2604 Dauphin St

2604 Dauphin St

2566 Pleasant Valley Rd

Summerville Court

Bird's Nest Apartments

450 Williams St

Ashland Court Apartments
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.

Murray Hill Commons

Briarwood Apartments

901 Courtney St

The Retreat at Pleasant Valley

Stonewall Apartments

Church Hill Apartments

965 Navco Rd

55 Macks St

1173 Texas St
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.

254 Cherokee St

2408 McVay Dr N

Palmier Apartments

250 Tuttle Ave

61 Alexander St

704 Louise Dr W

2425 Norton Ln

666 Cherokee St

817 Hawkins St
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.

7 S Monterey St
The Loop, Mobile, AL Local Guide

How much does it cost to rent an apartment in The Loop?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| The Loop Studio Apartments | $1,134 | $825 | $1,334 |
| The Loop 1 Bedroom Apartments | $1,623 | $712 | $2,345 |
| The Loop 2 Bedroom Apartments | $1,596 | $592 | $2,785 |
| The Loop 3 Bedroom Apartments | $2,108 | $1,002 | $3,848 |
| The Loop 4 Bedroom Apartments | $3,799 | $3,363 | $4,061 |
Browse Apartments in this Neighborhood
There are currently 46 rentals with your search options within a 2 mile radius of the The Loop Neighborhood of Mobile, AL.
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The Loop, Mobile, AL Local Guide
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Cheapest Available The Loop Apartments for Rent
 The cheapest available apartment rental in the The Loop area of Mobile, AL is a 2 Beds unit found at The Flats at Midtown priced from $592. Bel Air has the second lowest priced unit, which is a 1 Bed apartment currently listed from $792. Here are the most affordable The Loop apartments for rent in Mobile, AL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Flats at Midtown | 2 Bedroom 1 Bath | 2BR,1BA | $592 |
| Bel Air | 701sf | 1BR,1BA | $792 |
| Old Shell Commons | Midtown | 1BR,1BA | $810 |
| Brookhaven Apartments | 1 BR 1 Bath | 1BR,1BA | $879 |
| PROMOTION- Heritage Oaks @ Navco | Mid Reno | 2BR,1BA | $899 |
| Pleasant Valley Court | A | 2BR,1BA | $950 |
| Midtown Oaks Townhomes | 2 BEDROOMS 1 BATHROOM | 2BR,1BA | $985 |
| The Portier Midtown | Atticus | 1BR,1BA | $1,599 |
| The Waters at McGowin | The Merlot | 1BR,1BA | $1,639 |
Best Value Apartments for Rent in The Loop, AL
As of July 30, 2026 the best value apartment in the The Loop 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 The Loop apartment is the Enhanced Upgrade Model at PROMOTION- Heritage Oaks @ Navco starting at $999 with a $0.98 price per square foot in the Downtown Mobile neighborhood. Here is today’s list of the best values for The Loop apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Midtown Oaks Townhomes | 3 BEDROOMS 1 BATHROOM | 3BR,1BA | $1.07 |
| PROMOTION- Heritage Oaks @ Navco | Enhanced Upgrade | 2BR,1BA | $0.98 |
| The Portier Midtown | Dulcie - Carriage House | 1BR,1BA | $2.51 |
| The Flats at Midtown | 3 Bedroom | 3BR,1BA | $1.09 |
| Bel Air | 908sf | 2BR,1BA | $1.17 |
| The Waters at McGowin | The Merlot | 1BR,1BA | $1.99 |
| Ashland Park | 1x1 Carriage with Attached Garage | 1BR,1BA | $2.61 |
| Pleasant Valley Court | A | 2BR,1BA | $1.46 |
| Brookhaven Apartments | 1 BR 1 Bath | 1BR,1BA | $1.38 |
| Old Shell Commons | Midtown | 1BR,1BA | $1.42 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Best Local Schools in The Loop, Mobile, AL
Eichold-Mertz School Of Math And Science
Booker T Washington Middle School
School data provided by Great Schools
Lifestyle Ratings
Our team of engineers and researchers works hard to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States, including Mobile. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, kid and pet-friendly communities, availability of transit options, and much more. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap The Loop Apartments
How much is rent for a Cheap One Bedroom The Loop Apartment?
The lowest price for a Cheap One Bedroom The Loop Apartment is $792 at Bel Air.
What is the lowest price for a Cheap Two Bedroom The Loop Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in The Loop is starting from $592 at The Flats at Midtown.
What is the most affordable The Loop Three Bedroom Apartment?
The best deal on a cheap The Loop Three Bedroom Apartment rental is at The Flats at Midtown and starts from $1,002.
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.

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.

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.

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.