Last updated
Average Rent in Central Business District & Rent Trends
Rent prices and market trends across 2 apartment communities in Central Business District, Mobile, AL. Updated daily.
Market Average
$2,189/mo
▼ 2.7% from last month
Lowest Available
$1,400/mo
cheapest unit on market
Communities
2
tracked daily
Units Listed
12
available now
Central Business District vs Mobile, AL Average
Central Business District is more expensive the Mobile, AL average by $955/mo (77%). The citywide average is $1,234/mo across all neighborhoods.
Is Rent Going Up or Down in Central Business District?
As of June 2026, the average rent in Central Business District is $2,189 per month across 2 apartment communities and 12 available units. Rents have decreased $52 (2.7%) over the past month.
The most affordable option is The Gateway Apartments starting at $1,400/mo. By unit type, a 2-bedroom averages $2,189/mo.
Prices range from $1,400 to $2,817 per month. The most common price point is the $2,600 range, where 3 units are currently listed.
Central Business District Rent Price History
Rent Price Distribution
Rent by Bedroom Type in Central Business District
Rent Prices by Apartment in Central Business District
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| The Gateway Apartments | $1,400/mo | $1,550/mo | 4 | 3.6 |
| Meridian at the Port | $1,909/mo | $2,508/mo | 8 | 4.2 |
Google Search Trends for Central Business District Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Central Business District
What is the average rent in Central Business District?
Is rent going up or down in Central Business District?
What is the cheapest apartment in Central Business District?
How many apartments are available in Central Business District?
What salary do I need to live comfortably in Central Business District?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$88,000/year
Based on the 30 percent rule, using our tracked average rent of $2,189/mo.
Comfortable income
$105,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,400/mo), you need to earn at least $56,000/year.
Median household income in Central Business District is $51,090 , about 51% below the comfortable-living threshold.
Cost of living in Central Business District
Overall prices in Central Business District runs below the national average by about 11% (BEA Regional Price Parity index 88.7, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Central Business District's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,189 |
| Utilities | $264 |
| Groceries | $511 |
| Transportation | $628 |
| Healthcare | $306 |
| Other goods and services | $490 |
| Estimated total | $4,388/mo |
Population
185,097
Median household income
$51,090
Census median rent
$1,029/mo
Rent as % of income
32.3%
Median age
37.7
Mean commute
23 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Explore Central Business District Apartments
Browse all 2 communities with daily-updated pricing and availability.