
Cheap Apartments for Rent in the Lake Purdy Neighborhood of Birmingham, AL from $800 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Purdy area of Birmingham.


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The Abbey At Inverness

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Wood Springs

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Madison Place

The Haven at Greenhill

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Colony Woods

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100 Inverness Apartment Homes

Lakestone

Aurea Apartments
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MAA Eagle Ridge

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The Outlook at Greystone Apartment Homes

Crowne at Grandview

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150 Summit

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Inverness Cliffs

Breckenridge

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Grand Highlands Apartments

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Kenley Apartments

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Parc at Grandview
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Retreat at Greystone

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Turtle Lake Apartment Homes

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Cahaba Grandview

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MAA Liberty Park

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Bluffs at Riverview

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Aventura Oak Mountain

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Hawthorne at Lake Heather

Arbors At Cahaba River

Siegel Select Birmingham
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A Local Experts Guide to The Best Affordable Neighborhoods in the Birmingham, AL area for affordable living. Find your perfect Birmingham apartment, condo, or rental home today at ApartmentHomeliving.com

The Point at Greystone

Crowne at Overton Village

Crowne at Cahaba River

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The Cottages at Greystone

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The Whitby Birmingham

Furnished Studio-Birmingham - Inverness

The Trails at Cahaba River

Cahaba Brook Apartments

102 Morning Sun Dr
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Lake Purdy, Birmingham, AL Local Guide

How much does it cost to rent an apartment in Lake Purdy?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Purdy Studio Apartments | $1,375 | $960 | $1,817 |
| Lake Purdy 1 Bedroom Apartments | $1,445 | $826 | $2,995 |
| Lake Purdy 2 Bedroom Apartments | $1,920 | $948 | $4,954 |
| Lake Purdy 3 Bedroom Apartments | $1,976 | $1,057 | $3,810 |
Browse Apartments in this Neighborhood
There are currently 36 rentals with your search options within a 3 mile radius of the Lake Purdy Neighborhood of Birmingham, AL.
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Lake Purdy, Birmingham, AL Local Guide
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Cheapest Available Lake Purdy Apartments for Rent
 The cheapest available apartment rental in the Lake Purdy area of Birmingham, AL is a 1 Bed unit found at The Avenues of Inverness priced from $826. The Abbey At Inverness has the second lowest priced unit, which is a 1 Bed apartment currently listed from $889. Here are the most affordable Lake Purdy apartments for rent in Birmingham, AL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Avenues of Inverness | Brookhaven | 1BR,1BA | $826 |
| The Abbey At Inverness | The Ashton | 1BR,1BA | $889 |
| Wood Springs | Azalea | 1BR,1BA | $929 |
| Madison Place | The Azalea | 1BR,1BA | $949 |
| The Haven at Greenhill | The Retreat | Studio,1BA | $960 |
| 100 Inverness Apartment Homes | A1 | 1BR,1BA | $965 |
| The Trails at Cahaba River | One Bedroom | 1BR,1BA | $979 |
| Colony Woods | The Aspen | 2BR,1BA | $989 |
| Lakestone | The Beaumont | 1BR,1BA | $999 |
| Aurea Apartments | The Beaumont | 1BR,1BA | $999 |
Best Value Apartments for Rent in Lake Purdy, AL
As of February 28, 2026 the best value apartment in the Lake Purdy area is the $1.30 price per square foot 2 Bed 2 Bath Renovated Model at Bluffs at Riverview in the in the Lake Purdy neighborhood starting from $1,524. The second greatest value Lake Purdy apartment is the The Aspen Model at Colony Woods starting at $1,020 with a $1.04 price per square foot in the Lake Purdy neighborhood. Here is today’s list of the best values for Lake Purdy apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Bluffs at Riverview | 2 Bed 2 Bath Renovated | 2BR,2BA | $1.30 |
| Colony Woods | The Aspen | 2BR,1BA | $1.04 |
| Aurea Apartments | The Charleston | 2BR,1BA | $1.16 |
| Lakestone | The Beaumont | 1BR,1BA | $1.11 |
| The Trails at Cahaba River | Two Bedroom A | 2BR,1BA | $1.23 |
| Turtle Lake Apartment Homes | 1Bed - 1Bath | 1BR,1BA | $1.41 |
| MAA Eagle Ridge | The Sienna | 1BR,1BA | $1.38 |
| 100 Inverness Apartment Homes | A1 | 1BR,1BA | $1.20 |
| Madison Place | The Azalea | 1BR,1BA | $1.36 |
| The Avenues of Inverness | Brookhaven | 1BR,1BA | $1.39 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Lake Purdy, Birmingham, AL
Inverness Elementary School
School data provided by Great Schools
Frequently Asked Questions about Cheap Lake Purdy Apartments
What is a cheap apartment in Lake Purdy?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lake Purdy is under $999.
What is the price of a cheap apartment in Lake Purdy?
The cheapest apartment in Lake Purdy is The Avenues of Inverness which is listed at $826, while the average apartment in Lake Purdy costs $12,285.
What types of apartments are the cheapest in Lake Purdy?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 13 regular apartments in Lake Purdy that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Lake Purdy?
Cheap apartments in Lake Purdy have an average cost of $176 which is $12,109 cheaper than the average rent for all rentals in Lake Purdy.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Birmingham Neighborhood Breakdown: Where to Find the Cheapest Rent Without Sacrificing Livability
Written by: Larry Allen
Hi. Larry Allen here, your ApartmentHomeLiving.com Local Expert for Birmingham, AL.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
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