Cheap Homes for Rent in Lake Purdy Neighborhood of Birmingham, AL from $1,400 (7 Rentals)

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

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property at 327 Heath Dr

$1,945

3 Bedroom Rentals

Available Now

327 Heath Dr

BirminghamAL35242

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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 $851. The Abbey At Inverness has the second lowest priced unit, which is a 1 Bed apartment currently listed from $889. Here are the most affordable Lake Purdy apartments for rent in Birmingham, AL:

Apartment ListingModel NameBed/BathPriced From
The Avenues of InvernessBroadmoor1BR,1BA$851
The Abbey At InvernessThe Ashton1BR,1BA$889
Wood SpringsAzalea1BR,1BA$909

Best Value Apartments for Rent in Lake Purdy, AL

As of December 20, 2025 the best value apartment in the Lake Purdy area is the $1.05 price per square foot 2x2 Upgrade Model at Breckenridge in the in the Lake Purdy neighborhood starting from $1,472. The second greatest value Lake Purdy apartment is the 2 Bed 2 Bath Renovated Model at Bluffs at Riverview starting at $1,574 with a $1.34 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$1.05
Bluffs at Riverview2 Bed 2 Bath Renovated2BR,2BA$1.34
Aurea ApartmentsThe Charleston2BR,1BA$1.16
LakestoneThe Beaumont1BR,1BA$1.11
MAA Eagle RidgeThe Sienna1BR,1BA$1.41
MAA Liberty ParkHancock1BR,1BA$1.42
The Trails at Cahaba RiverOne Bedroom1BR,1BA$1.16
100 Inverness Apartment HomesA11BR,1BA$1.20
Colony WoodsThe Retreat1BR,1BA$1.18
Madison PlaceThe Azalea1BR,1BA$1.36

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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Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Lake Purdy, Birmingham, AL

Ranked #14

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Lake Purdy

What type of rentals are currently available in Lake Purdy?

There are currently 49 Apartments for Rent in Lake Purdy, AL with pricing that ranges from $821 to $3,928. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Purdy ranging from $1,495 to $7,950.

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 $1,495 to $7,950 with an average monthly rent of $3,091.

How much are larger Three and Four Bedroom Rentals in Lake Purdy?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake Purdy range from $1,147 to $3,614, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,650 to $2,795. Four Bedroom Single-Family rentals are also available starting from $3,150 and Four Bedroom Apartments start at $3,928.

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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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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!