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Rental Market Trends in Theodore, AL

What is the average rent in Theodore, AL?

$1,040/month

Average Rent

480 Sq Ft

Average Apartment Size

-5.1%

Decrease in the Last Year

As of April 2026, the average rent in Theodore, AL is $1,040 per month. This is 37% lower than the national average rent of $1,641/month, making renting in Theodore more affordable than most cities in the US. When you rent an apartment in Theodore, you can expect to pay about per month for a studio, $1,040 for a one-bedroom apartment, and around $727 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,040/month
480 Sq Ft
Two Bedroom
$727/month
1,025 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Theodore, AL?

In the past year, rent has decreased by 5.1%, which averages out to $53 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Theodore, AL
Last Updated April 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Theodore, AL
Percentage*
Rent Range
0% Below $700/month
50% $700 - $1,000/month
50% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Theodore?

Based on current rent prices, Tillmans Corner is the most affordable neighborhood in Theodore.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Tillmans Corner
$934/month
626 Sq Ft

What are the most expensive neighborhoods in Theodore?

Based on current rent prices, Tillmans Corner is the most expensive neighborhood in Theodore.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Tillmans Corner
$934/month
626 Sq Ft

Which Theodore neighborhoods have the most rentals available?

The neighborhood in Theodore with the most apartments available is Tillmans Corner .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Tillmans Corner
$934/month
626 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Theodore, AL?

Because the average rent in Theodore is $1,040, you’ll want to make about $3,466 per month or $41,592 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Theodore, AL

97 Available Apartments for Rent

Search for Nearby Apartments

How does Theodore, AL compare to other nearby cities and neighborhoods?

Use the tool below to compare Theodore, AL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Theodore, AL

Apartment Averages

Tillmans Corner

Theodore, AL

Tillmans Corner

Theodore, AL

Studio
$1,574/month
$1,574/month
One Bedroom
$1,970/month
$1,970/month
Two Bedroom
$2,679/month
$2,679/month
Three Bedroom
$2,526/month
$2,526/month
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Nearby City Rent Trends

  • Mobile Average Rent

Apartment communities in Theodore we think you'll love

Plantation Apartments

Plantation Apartments

5725 Old Pascagoula Rd,
Mobile, AL 36619

$825 - $1,250

1-2 Beds

Hunters Run - No Vacancy; Waitlist Only!

Hunters Run - No Vacancy; Waitlist Only!

6240 Old Pascagoula Rd,
Theodore, AL 36582

$640 - $745

1-3 Beds

Hounds Run I & II

Hounds Run I & II

5954 Sperry Rd,
Theodore, AL 36582

$661 - $795

1-2 Beds

Sperry Landing

Sperry Landing

6128 Sperry Rd,
Theodore, AL 36582

$800 - $915

2-3 Beds

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United States Alabama Theodore Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity