Mobile
Alabama · Ranked #116 of 373 metros
85Affordable
💡
Housing in Mobile costs 3.46× the median income, below the national average of 4.5×. The median home price is $192K and median rent is $1,022/month. Mobile ranks #116 of 373 metros for affordability.
Median Home Price
🏠$192K
Need $57K income
Median Rent
🔑$1,022
Need $41K income
Building Permits
🔨1,715
annual
Median Income
💰$55K
Pop: 414,826
Rent Burden
⚠️21.9%
of renters paying >30%
Homeownership
🏡67.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Mobile | National |
|---|---|---|
| Price-to-Income Ratio | 3.46x | 6.1x |
| Rent Burden | 21.9% | 31.5% |
| Homeownership Rate | 67.0% | 65.5% |
| YoY Rent Change | 0% | +2.8% |
| Mortgage Denial Rate | 0.0% | 13.5% |
| Eviction Rate | 0.0% | 3.6% |
House Price Index (2000–2025)
FHFA All-Transactions HPI
Since 2019: +59.3%Since 2000: +147.3%
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$854/mo
1 Bedroom$919/mo
2 Bedroom$1,083/mo
3 Bedroom$1,414/mo
4 Bedroom$1,445/mo
Zillow Market Data
Home Value (ZHVI)
$191K
1yr: -1.8%5yr: +27.5%
Rent (ZORI)
$1,269/mo
1yr: +3.0%5yr: +42.3%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$239K
Active Inventory
1,244
Days on Market
62
Sold Above List
25.7%
Price Drops
24.6%