Cheap Apartments for Rent in the Lake Purdy Neighborhood of Birmingham, AL from $800 (41 Rentals)

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

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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
Corporate Housing
  • Verified
  • Utilities Included
  • Smoke Free

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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Inkwell on Grandview
Rent Specials
$1,677 - $3,132
Total Monthly Price

Total Monthly Price

Base Rent
$1,677 - $3,132
Total Monthly Price
$1,677 - $3,132
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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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 $848. 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 ListingModel NameBed/BathPriced From
The Avenues of InvernessWoodlake1BR,1BA$848
The Haven at GreenhillThe RetreatStudio,1BA$875
The Abbey At InvernessThe Ashton1BR,1BA$899
Wood SpringsAzalea1BR,1BA$899
Madison PlaceThe Azalea1BR,1BA$949
100 Inverness Apartment HomesA11BR,1BA$965
Colony WoodsThe Retreat1BR,1BA$967
The Outlook at Greystone Apartment HomesDaisyStudio,1BA$981
LakestoneThe Beaumont1BR,1BA$999
Turtle Lake Apartment Homes1Bed - 1Bath1BR,1BA$999

Best Value Apartments for Rent in Lake Purdy, AL

As of April 15, 2026 the best value apartment in the Lake Purdy area is the $1.28 price per square foot 1 Bed 1 Bath Model at Bluffs at Riverview in the in the Lake Purdy neighborhood starting from $1,249. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Bluffs at Riverview1 Bed 1 Bath1BR,1BA$1.28
AureaThe Charleston2BR,1BA$1.16
MAA Eagle RidgeThe Russet1BR,1BA$1.37
LakestoneThe Beaumont1BR,1BA$1.11
The Trails at Cahaba RiverTwo Bedroom A2BR,1BA$1.23
Turtle Lake Apartment Homes1Bed - 1Bath1BR,1BA$1.15
Aventura Oak MountainHighland renovated1BR,1BA$1.44
100 Inverness Apartment HomesA11BR,1BA$1.20
Colony WoodsThe Retreat1BR,1BA$1.24
Madison PlaceThe Azalea1BR,1BA$1.36

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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.

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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 $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 $848, 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 15 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 $211 which is $12,074 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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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

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Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

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Renting your next home can feel thrilling and overwhelming at the same time.