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$1,499Studio Apartments Available Now
Furnished Studio-Birmingham - Inverness
101 Cahaba Park CirBirmingham, AL 35242
Cheap Homes for Rent in Lake Purdy Neighborhood of Birmingham, AL from $1,500 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Purdy area of Birmingham.
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.
102 Morning Sun Dr
HooverAL35244
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.
3861 Overton Manor Ln
Vestavia HillsAL35243
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Lake Purdy, Birmingham, AL Local Guide
How much does it cost to rent a home in Lake Purdy?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Purdy 2 Bedroom Homes for Rent | $1,500 | $1,500 | $1,500 |
| Lake Purdy 3 Bedroom Homes for Rent | $2,325 | $1,995 | $2,599 |
| Lake Purdy 5 Bedroom Homes for Rent | $3,700 | $3,700 | $3,700 |
Browse Homes for Rent in this Neighborhood
There are currently 3 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
- Nearby Birmingham neighborhoods
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Best Value Apartments for Rent in Lake Purdy, AL
As of April 16, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Bluffs at Riverview | 1 Bed 1 Bath | 1BR,1BA | $1.28 |
| Aurea | The Charleston | 2BR,1BA | $1.16 |
| MAA Eagle Ridge | The Russet | 1BR,1BA | $1.37 |
| 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 | $1.15 |
| Aventura Oak Mountain | Highland renovated | 1BR,1BA | $1.43 |
| 100 Inverness Apartment Homes | A1 | 1BR,1BA | $1.20 |
| Colony Woods | The Retreat | 1BR,1BA | $1.24 |
| Madison Place | The Azalea | 1BR,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.
Read Article
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 ArticleThe 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.
Read ArticleCash 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.
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.
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Best Local Schools in Lake Purdy, Birmingham, AL
Inverness Elementary School
Shelby County School District
Public School - Grades PK-5 (582)
9 out of 10
School data provided by Great Schools
Frequently Asked Questions about Lake Purdy
What type of rentals are currently available in Lake Purdy?
There are currently 48 Apartments for Rent in Lake Purdy, AL with pricing that ranges from $848 to $12,285. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Purdy ranging from $1,500 to $3,700.
What is the current price range for Rental Homes in Lake Purdy?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Purdy ranges from $1,500 to $3,700 with an average monthly rent of $2,508.
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.
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.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
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.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.