
Cheap Apartments for Rent in the Lake Purdy Neighborhood of Birmingham, AL from $800 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Purdy area of Birmingham.


The Haven at Greenhill

Total Monthly Price
The Abbey At Inverness

Wood Springs

Madison Place

Colony Woods

100 Inverness Apartment Homes

MAA Eagle Ridge
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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.

Turtle Lake Apartment Homes

Aurea

Aventura Oak Mountain

Breckenridge

150 Summit

Parc at Grandview

Kenley Apartments

Inverness Cliffs
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Total Monthly Price
The Outlook at Greystone Apartment Homes

Crowne at Cahaba River

Crowne at Grandview

Cahaba Grandview

Hawthorne at Lake Heather

Grand Highlands Apartments

Crowne at Overton Village

Retreat at Greystone
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Bluffs at Riverview

Total Monthly Price
Siegel Select Birmingham

MAA Liberty Park

The Point at Greystone

Arbors At Cahaba River

The Whitby Birmingham

Furnished Studio-Birmingham - Inverness

The Cottages at Greystone
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.

Total Monthly Price
Inkwell on Grandview

The Trails at Cahaba River

Lakestone

Cahaba Brook Apartments

817 Morning Sun Dr

1214 Inverness Cove Way

Vestavia Reserve

The Filmont
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

Livano Liberty Park

102 Morning Sun Dr
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 | $1,133 | $875 | $1,677 |
| Lake Purdy 1 Bedroom Apartments | $1,377 | $877 | $2,260 |
| Lake Purdy 2 Bedroom Apartments | $1,812 | $938 | $3,665 |
| Lake Purdy 3 Bedroom Apartments | $1,839 | $1,159 | $3,810 |
Browse Apartments in this Neighborhood
There are currently 42 rentals with your search options within a 3 mile radius of the Lake Purdy Neighborhood of Birmingham, AL.
See all Apartments in BirminghamExplore Birmingham
Lake Purdy, Birmingham, AL Local Guide
- Nearby Birmingham neighborhoods
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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 Trails at Cahaba River priced from $873. The Haven at Greenhill has the second lowest priced unit, which is a Studio apartment currently listed from $875. Here are the most affordable Lake Purdy apartments for rent in Birmingham, AL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Trails at Cahaba River | One Bedroom | 1BR,1BA | $873 |
| The Haven at Greenhill | The Retreat | Studio,1BA | $875 |
| The Avenues of Inverness | Broadmoor | 1BR,1BA | $897 |
| The Abbey At Inverness | The Ashton | 1BR,1BA | $899 |
| Wood Springs | Azalea | 1BR,1BA | $909 |
| Madison Place | The Azalea | 1BR,1BA | $949 |
| Colony Woods | The Retreat | 1BR,1BA | $954 |
| 100 Inverness Apartment Homes | A1 | 1BR,1BA | $965 |
| MAA Eagle Ridge | The Terre | 1BR,1BA | $978 |
| Lakestone | The Beaumont | 1BR,1BA | $999 |
Best Value Apartments for Rent in Lake Purdy, AL
As of May 30, 2026 the best value apartment in the Lake Purdy area is the $1.18 price per square foot 3 Bed 2 Bath Model at Bluffs at Riverview in the in the Lake Purdy neighborhood starting from $1,589. The second greatest value Lake Purdy apartment is the The Charleston Model at Aurea starting at $1,099 with a $1.16 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 | 3 Bed 2 Bath | 3BR,2BA | $1.18 |
| Aurea | The Charleston | 2BR,1BA | $1.16 |
| Lakestone | The Beaumont | 1BR,1BA | $1.11 |
| The Trails at Cahaba River | Two Bedroom A | 2BR,1BA | $1.25 |
| Turtle Lake Apartment Homes | 1Bed - 1Bath | 1BR,1BA | $1.15 |
| Aventura Oak Mountain | Highland renovated | 1BR,1BA | $1.36 |
| 100 Inverness Apartment Homes | A1 | 1BR,1BA | $1.20 |
| Colony Woods | The Retreat | 1BR,1BA | $1.22 |
| Madison Place | The Azalea | 1BR,1BA | $1.36 |
| The Avenues of Inverness | Woodlake | 1BR,1BA | $1.35 |
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.
Read ArticleReal 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.
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 Trails at Cahaba River which is listed at $873, 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 38 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 $225 which is $12,060 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.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.