Mobile & Baldwin Apartment Rents Report
Center for Real Estate Studies
June 2012
Additional data and information may be found at http://cres.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).
As of June, 2012, the average monthly rent in Mobile and Baldwin Counties increased by an average of 2.81
percent since June, 2011. The highest increase in monthly rent for Mobile and Baldwin Counties occurred in the
3BR-2BA apartments, having a 4.45 percent increase in average monthly rent, a 10.46 percent increase in median
monthly rent, and a 3.63 percent increase in average rent per square foot since June, 2011.
Below is a chart comparing the average monthly rent by apartment type in Mobile and Baldwin Counties as of
June, 2012.
Average Monthly Rent by
Apartment Type - June 2012
$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 $1,055 and $333,
respectively. The highest and lowest rents for the 2BR-2BA type were listed at $1,325 and $375, respectively. The
highest and lowest monthly rents for the 3BR-2BA type were listed at $1,650 and $420, respectively.
Below are tables showing the top five areas in Mobile County with the highest average monthly rent by apartment
type as of June, 2012.
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
$885
1
36617
$995
1
36617
$1,195
2
36695
$644
2
36605
$850
2
36608
$1,090
3
36693
$627
3
36608
$825
3
36693
$960
4
36602
$593
4
36693
$799
4
36695
$927
5
36605
$582
5
36571
$785
5
36609
$860
In Baldwin County, the highest and lowest monthly rents for the 1BR-1BA type were listed at $895 and $342,
respectively. The highest and lowest rents for the 2BR-2BA type were listed at $1,165 and $390, respectively. The
highest and lowest monthly rents for the 3BR-2BA type were listed at $1,400 and $410, respectively.
Below are tables showing the top five areas in Baldwin County with the highest average monthly rent by apartment
type as of June, 2012.
1BR – 1BA
2BR – 2BA
Baldwin
City
Spanish
Fort
Average
Monthly Rent
Rank
$761
1
2
Daphne
$647
2
3
Gulf
Shores
$578
4
Fairhope
5
Orange
Beach
Rank
1
3BR – 2BA
Baldwin
City
Orange
Beach
Spanish
Fort
Average
Monthly Rent
Baldwin
City
Orange
Beach
Spanish
Fort
Rank
Average
Monthly Rent
$906
1
$874
2
3
Daphne
$775
3
Daphne
$956
$576
4
Gulf
Shores
$683
4
Foley
$871
$564
5
Fairhope
$666
5
Fairhope
$782
$1,116
$1,055
For additional information, contact: Dr. Don Epley, Director, Center for Real Estate Studies, University of South Alabama,
Office: 251.460.6735, E-mail: depley@usouthal.edu. Data was gathered by Michelle Pinochet, Senior Research Analyst.
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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