Portofino Apartments
3907 Michael Blvd,
Mobile, AL 36609
1-2 Beds | $934 - $1,482
Rental Market Trends in Mobile, AL
What is the average rent in Mobile, AL?
$966/month
Average Rent
717 Sq Ft
Average Apartment Size
+0.4%
Increase in the Last Year
As of February 2025, the average rent in Mobile, AL is $966 per month. This is 38% lower than the national average rent of $1,556/month, making renting in Mobile more affordable than most cities in the US. When you rent an apartment in Mobile, you can expect to pay about $839 per month for a studio, $966 for a one-bedroom apartment, and around $1,159 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,440 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Mobile, AL?
In the past year, rent has increased by 0.4%, which averages out to $5 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated February 2025
Legend
2024
2025
Rent Ranges in Mobile, AL
Last Updated February 2025
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
12%
Below $700/month
43%
$700 - $1,000/month
35%
$1,001 - $1,500/month
8%
$1,501 - $2,000/month
2%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Mobile?
Based on current rent prices, Richelieu, Jackson Heights and Westhill are the most affordable neighborhoods in Mobile.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Mobile?
Based on current rent prices, Orange Grove, Washington Square and Downtown Mobile are the most expensive neighborhoods in Mobile.
Neighborhood
Average Rent
Average Sq Ft
Which Mobile neighborhoods have the most rentals available?
The neighborhoods in Mobile with the most apartments available are West Mobile, Downtown Mobile and Bolton .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Mobile, AL?
Because the average rent in Mobile is $966, you’ll want to make about $3,220 per month or $38,640 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Mobile, AL is 13.0% lower than the national average. Generally, housing in Mobile is 32.5% less expensive than the national average, with rent falling between $839 - $1,440. You can expect to pay 2.8% less for groceries, 2.2% less for utilities, and 8.3% less for transportation.
How does Mobile, AL compare to other nearby cities and neighborhoods?
Use the tool below to compare Mobile, AL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$616/month
-
One Bedroom
$825/month
-
Two Bedroom
$955/month
-
Three Bedroom
$1,209/month
-
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.