Mobile is the 93rd largest multifamily market with 34,481 completed units and 3,395 units in development, 555 of which have already broken ground, as of September 2022.
Mobile Multifamily Market Summary – September 2022
New lease asking rents are at $1,195, up 8.8%▲
from the previous year placing Mobile at 69th
overall in year-over-year rent growth.
Mobile Multifamily Market Summary – August 2022
New lease asking rents are at $1,185, up 10.4%▲
from the previous year placing Mobile at 59th
overall in year-over-year rent growth
Mobile Multifamily Market Summary – July 2022
New lease asking rents are at $1,181, up 12.1%▲
from the previous year placing Mobile at 53rd
overall in year-over-year rent growth.
Mobile Multifamily Market Summary – June 2022
New lease asking rents are at $1,170, up 14.3%▲
from the previous year placing Mobile at 38th
overall in year-over-year rent growth.
Mobile Multifamily Market Summary – May 2022
New lease asking rents are at $1,137, up 13.6%▲
from the previous year placing Mobile at 45th
overall in year-over-year rent growth.
Mobile Multifamily Market Summary – April 2022
New lease asking rents are at $1,120, up 13.1%▲
from the previous year placing Mobile at 50th
overall in year-over-year rent growth.
Mobile Multifamily Market Summary – March 2022
New lease asking rents are at $1,107, up 13%▲
from the previous year placing Mobile at 54th
overall in year-over-year rent growth.
Mobile Multifamily Market Summary – February 2022
New lease asking rents are at $1,090, up 12.6%▲
from the previous year placing Mobile at 62nd
overall in year-over-year rent growth.
Mobile Multifamily Market Summary – January 2022
New lease asking rents are at $1,082, up 13.1%▲
from the previous year placing Mobile at 56th
overall in year-over-year rent growth.
Mobile Multifamily Market Summary – December 2021
New lease asking rents are at $1,071, up 14.3%▲
from the previous year placing Mobile at 36th
overall in year-over-year rent growth.
