Cheap Apartments for Rent in the Lake Purdy Neighborhood of Birmingham, AL from $806 (43 Rentals)

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

Birmingham Neighborhood Breakdown: Where to Find the Cheapest Rent Without Sacrificing Livability

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

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Siegel Select Birmingham
Rent Specials
$1,343 - $1,716
Total Monthly Price

Total Monthly Price

Base Rent
$1,343 - $1,716
Total Monthly Price
$1,343 - $1,716
Studio to 1 Bedroom Apartments Available Now

Siegel Select Birmingham

5429 Highway 280 EBirmingham, AL 35242
Furnished
  • Verified
  • Utilities Included
  • Smoke Free

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Inkwell on Grandview
Rent Specials
$1,717 - $3,032
Total Monthly Price

Total Monthly Price

Base Rent
$1,717 - $3,032
Total Monthly Price
$1,717 - $3,032
Studio to 3 Bedroom Apartments Available Now

Inkwell on Grandview

3560 Grandview PkyBirmingham, AL 35243
Eco-Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
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Lakestone
1 to 3 Bedroom Apartments

Lakestone

1 Meadow DrBirmingham, AL 35242
Corporate Housing
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Aurea
1 to 3 Bedroom Apartments

Aurea

1 Brook Highland LnBirmingham, AL 35242
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Madison Place
1 to 2 Bedroom Apartments

Madison Place

850 Shoal Run TrlBirmingham, AL 35242
Corporate Housing
property at 313 Heath Dr

$1,995

3 Bedroom Rentals

Available Now

313 Heath Dr

BirminghamAL35242

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Showing Results 1-43, 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 Studio unit found at The Haven at Greenhill priced from $825. Aurea has the second lowest priced unit, which is a 2 Beds apartment currently listed from $849. Here are the most affordable Lake Purdy apartments for rent in Birmingham, AL:

Apartment ListingModel NameBed/BathPriced From
The Haven at GreenhillStudioStudio,1BA$825
AureaThe Richmond2BR,2BA$849
LakestoneThe Savannah2BR,2BA$849
Wood SpringsAzalea1BR,1BA$935
Madison PlaceThe Azalea1BR,1BA$949
The Avenues of InvernessOverlook2BR,2BA$974
Colony WoodsThe Retreat1BR,1BA$985
The Trails at Cahaba RiverTwo Bedroom A2BR,1BA$1,059
The Abbey At InvernessThe Buckingham2BR,1BA$1,109
100 Inverness Apartment HomesA11BR,1BA$1,110

Best Value Apartments for Rent in Lake Purdy, AL

As of August 30, 2026 the best value apartment in the Lake Purdy area is the $1.21 price per square foot Perine-Renovated Model at Arbors At Cahaba River in the in the Lake Purdy neighborhood starting from $1,709. The second greatest value Lake Purdy apartment is the 2x2 Upgrade Model at Breckenridge starting at $1,682 with a $1.20 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.
Arbors At Cahaba RiverPerine-Renovated3BR,2BA$1.21
Breckenridge2x2 Upgrade2BR,2BA$1.20
Crowne at Overton VillageRegency Renovated3BR,2BA$1.30
Turtle Lake Apartment Homes2Bed - 2Bath2BR,2BA$1.17
Bluffs at Riverview1 Bed 1 Bath1BR,1BA$1.33
The Avenues of InvernessOakton - RENOVATED2BR,2BA$1.27
LakestoneThe Beaumont1BR,1BA$0.99
The Trails at Cahaba RiverTwo Bedroom A2BR,1BA$1.18
The Abbey At InvernessThe Buckingham2BR,1BA$1.29
Colony WoodsThe Retreat1BR,1BA$1.26

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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 $1,110.

What is the price of a cheap apartment in Lake Purdy?

The cheapest apartment in Lake Purdy is Lakestone which is listed at $899, while the average apartment in Lake Purdy costs $1,516.

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 81 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 $415 which is $1,101 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

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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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Rent According to Income: A Look at Income-Restricted Rentals

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The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.