Cheap Apartments for Rent in the Lake Purdy Neighborhood of Birmingham, AL from $700 (35 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lake Purdy area of Birmingham.

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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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Showing Results 1-35, Page 1 of 1

Lake Purdy, Birmingham, AL Local Guide

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 $790. Wood Springs has the second lowest priced unit, which is a 1 Bed apartment currently listed from $839. Here are the most affordable Lake Purdy apartments for rent in Birmingham, AL:

Apartment ListingModel NameBed/BathPriced From
The Avenues of InvernessBrookhaven1BR,1BA$790
Wood SpringsAzalea1BR,1BA$839
The Trails at Cahaba RiverOne Bedroom1BR,1BA$874
Madison PlaceThe Cypress1BR,1BA$899
Colony WoodsThe Retreat1BR,1BA$920
The Haven at GreenhillThe RetreatStudio,1BA$925
100 Inverness Apartment HomesA11BR,1BA$965
LakestoneThe Beaumont1BR,1BA$999
150 Summit11BR,1BA$1,042
Kenley ApartmentsHedley 11BR,1BA$1,078

Best Value Apartments for Rent in Lake Purdy, AL

As of October 15, 2025 the best value apartment in the Lake Purdy area is the $1.08 price per square foot 2x2 Upgrade Model at Breckenridge in the in the Lake Purdy neighborhood starting from $1,506. The second greatest value Lake Purdy apartment is the The Amsterdam Model at Cahaba Grandview starting at $1,454 with a $1.33 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Breckenridge2x2 Upgrade2BR,2BA$1.08
Cahaba GrandviewThe Amsterdam2BR,2BA$1.33
LakestoneThe Beaumont1BR,1BA$1.11
The Trails at Cahaba RiverTwo Bedroom A2BR,1BA$1.19
Turtle Lake Apartment Homes1Bed - 1Bath1BR,1BA$1.41
100 Inverness Apartment HomesA11BR,1BA$1.20
Colony WoodsThe Retreat1BR,1BA$1.17
Madison PlaceThe Azalea1BR,1BA$1.28
Wood SpringsAzalea1BR,1BA$1.40
The Avenues of InvernessBrookhaven1BR,1BA$1.33

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Lake Purdy, Birmingham, AL

Ranked #16

Among cities in Alabama for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Lake Purdy, Birmingham, AL

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 $1,078.

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 $790, while the average apartment in Lake Purdy costs $3,928.

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 8 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 $108 which is $3,820 cheaper than the average rent for all rentals in Lake Purdy.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.