Housing in Mobile
Detailed housing data — sourced from authoritative datasets and normalized for direct comparison.
Housing in Mobile, Alabama
The housing market in Mobile is characterized by its affordability, with the median home value in 2024 at $193,300. The homeownership rate in Mobile was 54% in 2024. For renters, the average rent in Mobile is around $1,039 per month as of June 2026, with a one-bedroom apartment averaging $1,039 and a two-bedroom at $1,197. Rent prices have seen a 3.6% increase in the last year. The affordability of housing is a significant draw for those considering moving to Mobile.
Housing
About Mobile, Alabama
Mobile, Alabama, founded by the French in 1702, is the oldest city in the state and a vibrant hub on the Gulf Coast. It boasts a rich tapestry of French, Spanish, British, and Creole influences that are evident in its architecture, traditions, and cultural scene. The city maintains an inviting, small-town atmosphere while experiencing economic growth, making it an attractive destination for new residents. Mobile is particularly known as the birthplace of Mardi Gras in America, a tradition celebrated with enthusiasm for over 300 years.
About Alabama
Alabama, a Southeastern U.S. state, is characterized by its rich history, diverse landscapes ranging from the Appalachian foothills to the Gulf Coast, and a strong sense of Southern hospitality. The state's economy is diverse, with major industries including automotive manufacturing, aerospace, advanced manufacturing, technology, bioscience, and agriculture. Living in Alabama generally offers an affordable lifestyle, with the cost of living, particularly housing, being significantly lower than the national average. The climate is humid subtropical, featuring long, hot summers and mild winters with ample precipitation throughout the year, allowing for year-round outdoor activities.