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Rental Market Trends in Theodore, AL

Updated September 2026

The average rent in Theodore, AL is $983/month.

Rent in Theodore is 41% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.

$983/month

Average Rent

501 Sq Ft

Average Size

-4.6%

Change / Year

46

Available Apartments

Theodore rent varies by unit size and layout:

  • Studio apartments in Theodore average per month.
  • One-bedroom apartments in Theodore average $983 per month.
  • Two-bedroom apartments in Theodore average $752 per month.
  • Three-bedroom apartments in Theodore average or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$983/month
501 Sq Ft
Two Bedroom
$752/month
928 Sq Ft
View Theodore Apartments

How much has average rent changed in Theodore, AL?

In the past year, rent has decreased by 4.6%, which averages out to $45 less per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Theodore, AL

September 2026
Below $701
Most rental prices fall within this range
Rent Ranges in Theodore, AL
Percentage*
Rent Range
33% Below $700/month
33% $700 - $1,000/month
33% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

Rent by Neighborhood

  • 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
$914/month
611 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
$914/month
611 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
$914/month
611 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 $983, you’ll want to make about $3,276 per month or $39,312 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

46 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.

View the Theodore Area Guide

Apartment Averages

Tillmans Corner

Theodore, AL

Tillmans Corner

Theodore, AL

Studio
$1,628/month
$1,628/month
One Bedroom
$1,975/month
$1,975/month
Two Bedroom
$2,775/month
$2,775/month
Three Bedroom
$2,561/month
$2,561/month
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Grand Bay

    Grand Bay

    Avg Rent: $549/month

  • Mobile

    Mobile

    Avg Rent: $1,032/month

  • Chickasaw

    Chickasaw

    Avg Rent: $738/month

  • Eight Mile

    Eight Mile

    Avg Rent: $1,357/month

Apartment Communities in Theodore We Think You'll Love

Plantation Apartments

Plantation Apartments

5725 Old Pascagoula Rd,
Mobile, AL 36619

1-2 Beds | $825 - $1,250

Greenbriar Townhomes

Greenbriar Townhomes

6680 Carol Plantation Rd,
Theodore, AL 36582

2 Beds | $827

Hounds Run I & II

Hounds Run I & II

5954 Sperry Rd,
Theodore, AL 36582

1-2 Beds | $661 - $795

Sperry Landing

Sperry Landing

6128 Sperry Rd,
Theodore, AL 36582

2-3 Beds | $900 - $1,015

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Frequently Asked Questions

What is the average rent in Theodore?

The average rent in Theodore is $983 per month, which is 41.0% lower than the national average of $1,665.

Are rents going up or down in Theodore?

Rents in Theodore, AL are decreasing, with prices down 4.6% year-over-year and $45 less per month.

What rent range is most common in Theodore?

In Theodore, AL, 33% of apartments fall below $700/month, though prices may vary depending on location and other factors.

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 September 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