# Merchants Plaza > Merchants Plaza, Mobile, AL: 1 unit from $1,220/mo. See this building's full price history, tracked daily for every unit. Prices verified November 7, 2026. Canonical: https://average-rent.com/city/mobile-al/merchants-plaza-mobile-al/ ![Merchants Plaza apartments in Mobile, AL](https://average-rent.com/api/photo/p/7235?w=1200) Updated November 7, 2026 at 3:32 a.m. CT 4.4 (7 reviews) [Official Website](https://themerchantsplaza.com/) [(251) 243-0044](tel:%28251%29 243-0044) Live pricing, refreshed November 7, 2026 at 3:32 a.m. CT 1 Units Listed $1,220 Starting at $1,220 Average $1,220 Highest $1.67 Per Sq Ft [PRO](https://whop.com/work4coins-llc/average-rent-pro/): Avg Days Listed How does this compare? [View Central Business District rent trends](https://average-rent.com/city/mobile-al/trends/36602/) ## Price History Lines hold the last known price between updates. Diamond markers show changes in quote terms. Timeframe ### Property Price Trend ### Recorded building rent history | Date or category | Average monthly rent (USD) | | --- | --- | | 2026-08-01 | 1,912 | | 2026-08-04 | 1,912 | | 2026-08-05 | 1,912 | | 2026-08-06 | 1,595 | | 2026-08-07 | 1,595 | | 2026-08-08 | 1,610 | | 2026-08-09 | 1,610 | | 2026-08-10 | 1,610 | | 2026-08-11 | 1,610 | | 2026-08-12 | 1,610 | | 2026-08-13 | 1,610 | | 2026-08-14 | 1,610 | | 2026-08-15 | 1,610 | | 2026-08-19 | 1,610 | | 2026-08-22 | 1,610 | | 2026-08-25 | 1,610 | | 2026-08-26 | 1,610 | | 2026-08-29 | 1,610 | | 2026-09-01 | 1,610 | | 2026-09-04 | 1,610 | | 2026-09-05 | 1,610 | | 2026-09-08 | 1,610 | | 2026-09-11 | 1,325 | | 2026-09-14 | 1,325 | | 2026-09-15 | 1,325 | | 2026-09-16 | 1,325 | | 2026-09-17 | 1,325 | | 2026-09-18 | 1,325 | | 2026-09-19 | 1,325 | | 2026-09-22 | 1,325 | | 2026-09-25 | 1,325 | | 2026-09-28 | 1,325 | | 2026-10-01 | 1,107 | | 2026-10-04 | 1,107 | | 2026-10-05 | 1,107 | | 2026-10-06 | 1,107 | | 2026-10-16 | 1,174 | | 2026-10-20 | 1,174 | | 2026-10-22 | 1,174 | | 2026-10-23 | 1,174 | | 2026-10-24 | 1,174 | | 2026-10-25 | 1,174 | | 2026-10-26 | 1,174 | | 2026-10-28 | 1,220 | | 2026-10-31 | 1,220 | | 2026-11-01 | 1,220 | | 2026-11-02 | 1,220 | | 2026-11-03 | 1,220 | | 2026-11-04 | 1,220 | ## Estimated Building Revenue Est. Monthly Revenue $8,519 $102K annual run rate Modeled estimate Est. Occupancy 83% of about 6 units (modeled from leasing activity) Effective Rent on New Leases $1,704 vs $1,220 current asking ### Recent Lease Activity 6 units tracked; 5 assumed leased, 1 listed now See which units leased, when they left the market, and the rent they leased at. [Unlock with Pro](https://whop.com/work4coins-llc/average-rent-pro/) ## Property Intelligence How is this calculated? Negotiation Leverage Score (0-100) Based on 5 observable signals from the property's listing data: - +30 pts: 15+ units currently listed - +25 pts: Active move-in specials - +20 pts: Deep discounts (>$150/mo off) - +15 pts: 5+ distinct floor plans - +10 pts: 25+ units listed All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it. Listed Units 1 Limited availability 1 floor plan Move-in Specials 0 No active promotions Negotiation Leverage Limited leverage The available listings show few signs of room to negotiate. ### Price vs. Central Business District Neighborhood [Elevate 758](https://average-rent.com/city/mobile-al/elevate-758-mobile-al/): $918 Merchants Plaza $1,220 [The Gateway Apartments](https://average-rent.com/city/mobile-al/the-gateway-apartments-mobile-al/): $1,500 [Meridian at the Port](https://average-rent.com/city/mobile-al/meridian-at-the-port-mobile-al/): $1,676 Comparing 4 apartments in Central Business District. Click any bar to view that building. [See Central Business District rent trends on the Mobile, AL map](https://average-rent.com/city/mobile-al/rent-map/) [Explore Mobile, AL on the interactive map](https://average-rent.com/search/#city=mobile-al) ## Available Units Sort 1 units Select a unit to see its price history and link to the rental site. 1 Bed / 1 Bath Unit 0307 $1,220/mo 730 ft² · $1.67/ft² Published monthly total Available: Jan 18, 2027 | Unit | Floor Plan | Bed/Bath | Sqft | Price | $/Sqft | Available | Listed | Details | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 0307 | | 1bd / 1ba | 730 | $1,220 Published monthly total | $1.67 | Jan 18, 2027 | [Pro](https://whop.com/work4coins-llc/average-rent-pro/) | | ## Train activity ### Severe nighttime trains Freight line 1,042 ft away · 14 trains/day - 6 daytime, 8 overnight - Crossing 1,042 ft away. Horns expected day and night. - Operator: CSX [Why this matters →](https://average-rent.com/how-it-works/#train-noise) City Club ## Resident Notes & Access Codes Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. [See all Mobile, AL notes](https://average-rent.com/city/mobile-al/resident-access/) No resident notes for this property yet. ## Similar Apartments in Mobile, AL [Elevate 758](https://average-rent.com/city/mobile-al/elevate-758-mobile-al/): ![Elevate 758 apartments](https://average-rent.com/api/photo/p/7145?w=640) From $918/mo 3.7 rating 24 units 0.7 mi away · 25% below [The Gateway Apartments](https://average-rent.com/city/mobile-al/the-gateway-apartments-mobile-al/): ![The Gateway Apartments apartments](https://average-rent.com/api/photo/p/7238?w=640) From $1,500/mo 3.6 rating 3 units 0.4 mi away · 23% above [Village at Midtown](https://average-rent.com/city/mobile-al/village-at-midtown-mobile-al/): ![Village at Midtown apartments](https://average-rent.com/api/photo/p/7147?w=640) From $1,220/mo 3.8 rating 43 units 2.6 mi away · Similar rent [Marine Street Lofts](https://average-rent.com/city/mobile-al/marine-street-lofts-mobile-al/): ![Marine Street Lofts apartments](https://average-rent.com/api/photo/p/7239?w=640) From $1,556/mo 3.8 rating 3 units 1.0 mi away · 28% above [Broad Street Lofts](https://average-rent.com/city/mobile-al/broad-street-lofts-mobile-al/): ![Broad Street Lofts apartments](https://average-rent.com/api/photo/p/7240?w=640) From $1,287/mo 3.9 rating 7 units 1.1 mi away · 5% above [Oakleigh Village](https://average-rent.com/city/mobile-al/oakleigh-village-mobile-al/): ![Oakleigh Village apartments](https://average-rent.com/api/photo/p/21502?w=640) From $995/mo 5 rating 3 units 1.4 mi away · 18% below ### Central Business District Rent Trends See how rent prices are changing in Central Business District and across Mobile, AL. [View Trends](https://average-rent.com/city/mobile-al/trends/36602/)