As of September 2026, the typical home in the Mobile metro costs $194,638 and typical rent is $1,280/month — a price-to-rent ratio of 13 and a gross rental yield of 7.9%. Mobile scores 84/100 on the Star Score index, ranking #5 of 174 tracked US rental markets.
The Mobile metro posts a price-to-rent ratio of 13 on a typical home value of $194,638 and typical rent of $1,280/month — a gross rental yield of 7.9% before expenses. Factor scores below show how it stacks up on landlord law, taxes, growth and risk.
| Metric | Value |
|---|---|
| Typical home value (ZHVI) | $194,638 |
| Typical rent (ZORI) | $1,280/mo |
| Price-to-rent ratio | 13 |
| Gross rental yield | 7.9% |
| Star Score | 84/100 ★★★★☆ |
| Rank among tracked markets | #5 of 174 |
| Factor | Score | Weight |
|---|---|---|
| Gross yield | 97 | 35% |
| Entry price (vs $100K reference budget) | 100 | 15% |
| Landlord-friendliness | 90 | 15% |
| Equity growth | 35 | 15% |
| Property-tax drag (inverted) | 100 | 10% |
| Climate & insurance risk (inverted) | 65 | 10% |
More context: Living in Mobile — economy, industries & affordability
Mobile vs Charleston · Mobile vs Florence · Mobile vs Montgomery
Active listings our scanner flagged for under-market signals — price cuts, long days on market, below-comp pricing. Leads to underwrite, not appraisals; verify everything locally.
Run one through the BRRRR calculator. Rent figures are modeled from metro data, not appraisals.
Investor-friendly agent working Mobile? Become this market's Featured Agent →
Assumable-mortgage pocket: 29.4% of AL's 2019-21 mortgage originations were government-backed (FHA/VA/USDA) — assumable by law, mostly at ~3% rates. VA loans can be assumed by non-veterans, including for investment purchases. The Assumability Index →
National rule-of-thumb renovation costs (2026, per square foot) applied to a typical ~1,400 sq ft single-family in this market — every house differs, so treat these as planning ranges, not bids:
| Scope | $/sq ft | Typical house |
|---|---|---|
| Paint & refresh (cosmetic light) | $15–25 | $21K–35K |
| Cosmetic full (floors, kitchen refresh, baths) | $25–45 | $35K–63K |
| Full renovation (systems + finishes) | $45–75 | $63K–105K |
| Gut / structural | $75–120 | $105K–168K |
Run your own numbers for Mobile in the BRRRR & rehab calculator. Run a rehab crew in Mobile? Founding crews list free →
Mobile scores 84/100 on the Star Score index (#5 of 174 tracked markets), with a gross rental yield of 7.9% at September 2026 prices. It ranks in the top tier for cash-flow investors.
13 — the typical home value ($194,638) divided by a year of typical rent ($1,280/month × 12). Ratios under about 15 generally favor buying and landlording.
With a typical home at $194,638 and rent of $1,280/month (7.9% gross yield), Mobile suits the BRRRR strategy well: entry prices leave room to buy below market, renovate, and refinance without trapping capital.
Typical asking rent in the Mobile metro is $1,280 per month as of September 2026, per Zillow's Observed Rent Index.