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Rental market trends in Mobile, AL

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Average Rent in Mobile, AL

Average Rent in Mobile, AL

Avg. RentAnnual Change
Studio - $1,252+5%
1 Bed - $895+5%
2 Beds - $1,197+12%
Last updated 5/19/2024

Average Apartment Cost in Mobile, AL

The average rent for apartments in Mobile, AL, is between $895 and $1,252 in 2024. For a studio apartment in Mobile, AL, the average rent is $1,252. When it comes to 1-bedroom apartments, the average rent in Mobile, AL, is $895. For a 2-bedroom apartment, the average rent is $1,197.

Apartment Rent Ranges in Mobile, AL

Apartment PricesProportion
4%
21%
36%
20%
20%

Neighborhood Apartment Rent Trends in Mobile, AL

NeighborhoodStudio Avg RentAnnual Change
College Park$1,5590%
Downtown$1,240+24%
Bolton$1,199-15%
Georgia Avenue$1,100--
Thornhill$655-20%
Neighborhood1 Bed Avg RentAnnual Change
College Park$1,5000%
Downtown$1,465+8%
Georgia Avenue$1,400--
Thornhill$1,358+79%
Berkleigh$1,165--
Carver$1,142--
Parkhill$1,075+17%
Overton$972-5%
Terrace Hills$909--
Llanfair$869-2%
Malibar Heights$868+2%
Westhill$819+11%
Bolton$818--
Gorgas$800--
Toulminville$800-17%
Dauphin Acres$777-2%
Richelieu$777+10%
Carlen$750--
Spring Valley$6950%
Jackson Heights$680--
Airmont$6610%
Canterbury$590-8%
Mobile Terrace$5350%
Sheldon$5200%
Neighborhood2 Beds Avg RentAnnual Change
College Park$2,1000%
Georgia Avenue$2,050--
Downtown$2,000+25%
Sheldon$1,815+91%
Thornhill$1,542--
Toulminville$1,377--
Carver$1,377--
Overton$1,212+6%
Berkleigh$1,188--
Terrace Hills$1,174--
Dauphin Acres$1,069-4%
Bolton$1,005--
Westhill$974+12%
Parkhill$967-13%
Carlen$950--
Malibar Heights$941-13%
Richelieu$923+7%
Park Place$895--
Jackson Heights$881--
Llanfair$843-18%
Spring Valley$7600%
Airmont$7460%
Canterbury$7000%
Mobile Terrace$6350%

How Other Cities Compare to Mobile, AL

CityStudio Avg RentAnnual Change
Daphne$1,589+18%
Foley$1,513+26%
City1 Bed Avg RentAnnual Change
Gulf Shores$2,143+28%
Foley$1,622+20%
Fairhope$1,425--
Daphne$1,234-3%
Saraland$1,0150%
Satsuma$9220%
Gautier$828+14%
Pascagoula$775+11%
Bay Minette$5250%
City2 Beds Avg RentAnnual Change
Gulf Shores$2,595+43%
Foley$1,895+13%
Fairhope$1,7250%
Saraland$1,4750%
Daphne$1,380-4%
Satsuma$1,3550%
Pascagoula$905+6%
Gautier$904+9%
Bay Minette$875+17%

Mobile, AL Rent Trends

Studio1 Bed2 Beds
May 2023Jun 2023Jul 2023Aug 2023Sep 2023Oct 2023Nov 2023Dec 2023Jan 2024Feb 2024Mar 2024Apr 2024May 2024
$1350$1257$1270$1245$1238$1231$1225$1282$1287$1274$1304$1266$1311
$837$825$834$819$839$832$815$790$836$854$855$855$852
$1062$1062$1062$1168$1120$1154$1172$1198$1169$1215$1192$1151$1174
$1522$1567$1419$1477$1467$1474$1412$1441$1623$1599$1529$1644$1637

Neighborhood Information for Mobile, AL

What are the most affordable neighborhoods in Mobile, AL?

The most affordable neighborhoods in Mobile are Sheldon, where the average 1-bedroom apartment rent goes for $520, Mobile Terrace, where renters pay $535 on average for a 1-bedroom apartment, and Canterbury, where the average 1-bedroom apartment rent goes for $590. If you're looking for other great deals, check out the listings in Airmont ($661 for a 1-bedroom apartment) or Jackson Heights ($680 for a 1-bedroom apartment), compared to the $895 average for a Mobile 1-bedroom apartment.

What are the most expensive neighborhoods in Mobile, AL?

The most affordable neighborhoods in Mobile are College Park, where the average 1-bedroom apartment rent goes for $1,500, Downtown, where renters pay $1,465 on average for a 1-bedroom apartment, and Georgia Avenue, where the average 1-bedroom apartment rent goes for $1,400. If you're looking for other great deals, check out the listings in Thornhill ($1,358 for a 1-bedroom apartment) or Berkleigh ($1,165 for a 1-bedroom apartment), compared to the $895 average for a Mobile 1-bedroom apartment.

What are the most popular neighborhoods in Mobile, AL?

The most popular neighborhoods in Mobile are Llanfair, where the average 1-bedroom apartment rent goes for $869, Bolton, where renters pay $818 on average for a 1-bedroom apartment, and College Park, where the average 1-bedroom apartment rent goes for $1,500. If you're looking for other popular neighborhoods, check out the listings in Airmont ($661 for a 1-bedroom apartment) or Jackson Heights ($680 for a 1-bedroom apartment), compared to the $895 average for a Mobile 1-bedroom apartment.

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