Mobile & Baldwin Apartment Rents
Center for Real Estate & Economic Development
April 2014
Don Epley, Director depley@southalabama.edu 251.460.6735
Additional data and information may be found at http://creed.southalabama.edu.
This report provides a brief overview of the Mobile and Baldwin apartment market.
The data reflects apartments with the following characteristics: One-bedroom, one-bath (1BR-1BA), Twobedroom, two-bath (2BR-2BA) and Three-bedroom, two-bath (3BR-2BA).
The average monthly rent in Mobile County and Baldwin County increased by an average of 2.52 percent from
August, 2013 to April, 2014; and increased by 4.04 percent compared to February 2013. Since February 2013, the
most significant changes in monthly rent for Mobile and Baldwin Counties occurred in the 2BR-2BA apartments,
having a 6.14 percent increase in the median monthly rent, a 5.43 percent increase in the average monthly rent, and
a 3.12 percent increase in the average rent per square foot.
Below is a chart comparing the average monthly rent by apartment type in Mobile and Baldwin Counties as of
April, 2014.
Average Monthly Rent by
Apartment Type - April 2014
$1,000.00
$800.00
$600.00
Mobile County
$400.00
Baldwin County
$200.00
$0.00
1BR-1BA
2BR-2BA
3BR-2BA
In Mobile County, the highest and lowest monthly rents for the 1BR-1BA type were listed at $1,005 and $344,
respectively. The highest and lowest rents for the 2BR-2BA type were listed at $1,700 and $400, respectively. The
highest and lowest monthly rents for the 3BR-2BA type were listed at $1,700 and $450, respectively.
Below are tables showing the top five areas in Mobile County with the highest average monthly rent by apartment
type as of April, 2014.
1BR – 1BA
2BR – 2BA
3BR – 2BA
Rank
Mobile
Zipcode
Average
Monthly Rent
Rank
Mobile
Zipcode
Average
Monthly Rent
Rank
Mobile
Zipcode
Average
Monthly Rent
1
36617
$850
1
36602
$999
1
36608
$1,268
2
36695
$669
2
36608
$986
2
36617
$1,050
3
36593
$667
3
36617
$950
3
36693
$963
4
36602
$650
4
36605
$850
4
36604
$935
5
36604
$625
5
36693
$823
5
36695
$901
In Baldwin County, the highest and lowest monthly rents for the 1BR-1BA type were listed at $903 and $357,
respectively. The highest and lowest rents for the 2BR-2BA type were listed at $1,088 and $410, respectively. The
highest and lowest monthly rents for the 3BR-2BA type were listed at $1,580 and $430, respectively.
Below are tables showing the top five areas in Baldwin County with the highest average monthly rent by apartment
type as of April, 2014.
1BR – 1BA
Rank
1
2
3
4
5
2BR – 2BA
Baldwin
City
Spanish
Fort
Daphne
Gulf
Shores
Orange
Beach
Average
Monthly Rent
Rank
$849
1
$672
2
$620
3
$600
4
Fairhope
$587
5
3BR – 2BA
Baldwin
City
Spanish
Fort
Daphne
Gulf
Shores
Orange
Beach
Average
Monthly Rent
Average
Monthly Rent
2
Baldwin
City
Spanish
Fort
Daphne
Rank
$915
1
$805
$735
3
Foley
$963
$685
4
Fairhope
$677
5
Orange
Beach
Gulf
Shores
$1,070
$1,063
$930
$832
For additional information, contact: Dr. Don Epley, Director, Center for Real Estate Studies, University of South Alabama,
Office: 251.460.6735, E-mail: depley@southalabama.edu. Data gathered by Andrea Justiniano, Research Associate, MBA
Candidate.
University of South Alabama takes reasonable measures to ensure the quality of the data and other information produced. However, USA
makes no warranty, express or implied, nor assumes any legal liability or responsibility for the accuracy, correctness, or completeness of any
information, nor represents that its use would not infringe on privately owned rights. Reference to any specific commercial product, process, or
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