Cheap Apartments for Rent in the Prospect Neighborhood of Mobile, AL from $500 (10 Rentals)

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Cheap Apartments in the Prospect area of Mobile.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Prospect, Mobile, AL Local Guide

Cheapest Available Prospect Apartments for Rent

 

The cheapest available apartment rental in the Prospect area of Mobile, AL is a 2 Beds unit found at 79 Fifty Nine West priced from $1,005. Acasa Inverness Lakes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here are the most affordable Prospect apartments for rent in Mobile, AL:

Apartment ListingModel NameBed/BathPriced From
79 Fifty Nine WestA1 HC2BR,2BA$1,005
Acasa Inverness Lakes1 Bed 1 Bath1BR,1BA$1,100
Cypress Cove Apartment HomesThe Cove1BR,1BA$1,139

Best Value Apartments for Rent in Prospect, AL

As of May 09, 2025 the best value apartment in the Prospect area is the $1.05 price per square foot 3 Bed 2 Bath Model at Acasa Inverness Lakes in the in the West Mobile neighborhood starting from $1,500. The second greatest value Prospect apartment is the B1 Model at 79 Fifty Nine West starting at $1,105 with a $0.92 price per square foot in the West Mobile neighborhood. Here is today’s list of the best values for Prospect apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Acasa Inverness Lakes3 Bed 2 Bath3BR,2BA$1.05
79 Fifty Nine WestB13BR,2BA$0.92
61Ninety WestMaple2BR,2BA$1.42
Charleston Apartment HomesOne Bedroom1BR,1BA$1.49
Cypress Cove Apartment HomesThe Cove1BR,1BA$1.41

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Pet Friendly Lifestyle
Prospect, Mobile, AL

Ranked #90

Among neighborhoods in Mobile, AL for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the Prospect Neighborhood in Mobile, AL

Walk Score®

19 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

25 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Prospect Apartments

What is the price of a cheap apartment in Prospect?

The cheapest apartment in Prospect is Acasa Inverness Lakes which is listed at $1,100, while the average apartment in Prospect costs $1,500.

What types of apartments are the cheapest in Prospect?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 8 regular apartments in Prospect that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Prospect?

Cheap apartments in Prospect have an average cost of $323 which is $1,177 cheaper than the average rent for all rentals in Prospect.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.