
Cheap Homes for Rent in Lake Purdy Neighborhood of Birmingham, AL from $1,400 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Purdy area of Birmingham.


Furnished Studio-Birmingham - Inverness

102 Morning Sun Dr
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.

4120 Crosshaven Dr

3637 Elmore Dr

327 Heath Dr
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.

3028 Old Stone Dr
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 | $1,547 | $1,495 | $1,600 |
| Lake Purdy 3 Bedroom Homes for Rent | $2,267 | $1,650 | $2,795 |
| Lake Purdy 4 Bedroom Homes for Rent | $3,475 | $3,150 | $3,800 |
| Lake Purdy 5 Bedroom Homes for Rent | $5,075 | $2,200 | $7,950 |
Browse Homes for Rent in this Neighborhood
There are currently 7 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
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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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Avenues of Inverness | Broadmoor | 1BR,1BA | $851 |
| The Abbey At Inverness | The Ashton | 1BR,1BA | $889 |
| Wood Springs | Azalea | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Breckenridge | 2x2 Upgrade | 2BR,2BA | $1.05 |
| Bluffs at Riverview | 2 Bed 2 Bath Renovated | 2BR,2BA | $1.34 |
| Aurea Apartments | The Charleston | 2BR,1BA | $1.16 |
| Lakestone | The Beaumont | 1BR,1BA | $1.11 |
| MAA Eagle Ridge | The Sienna | 1BR,1BA | $1.41 |
| MAA Liberty Park | Hancock | 1BR,1BA | $1.42 |
| The Trails at Cahaba River | One Bedroom | 1BR,1BA | $1.16 |
| 100 Inverness Apartment Homes | A1 | 1BR,1BA | $1.20 |
| Colony Woods | The Retreat | 1BR,1BA | $1.18 |
| Madison Place | The Azalea | 1BR,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.
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 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.
Pet Friendly LifestyleLake Purdy, Birmingham, AL
Ranked #14
Among cities in Alabama for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Lake Purdy, Birmingham, AL
Inverness Elementary School
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 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

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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!