Studio Unit 0505
$1,040/mo
445 ft² · $2.34/ft²
Available: Nov 1, 2026
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Prices last verified ; availability may have changed since
How does this compare? View Central Business District rent trends
Beds
Pricing by Bedroom
Studio
$1,040
from $1,040 · 1 units
~445 sqft avg
1 Bed
$1,174
from $1,174 · 1 units
~627 sqft avg
Price Breakdown
Rent by Unit
Price vs. Square Footage
Price History
Timeframe
Property Price Trend
History follows your bedroom selection. Current rent limits and move-in dates do not change past averages.
Estimated Building Revenue
How is this calculated?
Rental revenue model
We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.
- Building size: modeled from how many distinct units we have observed over time
- Occupancy: building size minus currently listed units
- Rents: observed lease-offs first, current asking rents as fallback
These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).
Est. Monthly Revenue
$6,305
$76K annual run rate
Modeled estimate
Est. Occupancy
60%
of about 5 units (modeled from leasing activity)
Effective Rent on New Leases
$2,102
vs $1,107 current asking
Recent Lease Activity
5 units tracked; 3 assumed leased, 2 listed nowSee which units leased, when they left the market, and the rent they leased at.
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How is this calculated?
Negotiation Leverage Score (0-100)
Based on 5 observable signals from the property's listing data:
- +30 pts: 15+ units currently listed
- +25 pts: Active move-in specials
- +20 pts: Deep discounts (>$150/mo off)
- +15 pts: 5+ distinct floor plans
- +10 pts: 25+ units listed
All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.
Listed Units
2
Limited availability
2 floor plans
Move-in Specials
0
No active promotions
Negotiation Leverage
Limited leverage
The available listings show few signs of room to negotiate.
Price vs. Central Business District
Neighborhood St. Charles Apartments $725 Bay Oaks Apartments $900 $1,337 The Gateway Apartments $1,500
Merchants Plaza $1,040
Marine Street Lofts Comparing 5 apartments in Central Business District. Click any bar to view that building.
See Central Business District rent trends on the Mobile, AL map Explore Mobile, AL on the interactive map
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Available Units
Select a unit to see its price history and link to the rental site.
These prices were last verified on October 4, 2026. We have not been able to confirm current availability since, so some units may no longer be listed.
1 Bed / 1 Bath Unit 0603
$1,174/mo
627 ft² · $1.87/ft²
Available: Dec 12, 2026
Unit Details
Chart
Train activity
Trains close by
Freight line 1,042 ft away · 12 trains/day
- 5 daytime, 7 overnight
- Quiet zone. Horns are silenced at the nearest crossing.
- Operator: CSX
City Club
Resident Notes & Access Codes
Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Mobile, AL notes
No resident notes for this property yet.
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Central Business District Rent Trends
See how rent prices are changing in Central Business District and across Mobile, AL.