Mobile is the 94th largest multifamily market with 33,046 completed units and 2,783 units in development, 79 of which have already broken ground, as of December 2021.
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.