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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 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Purdy area of Birmingham.
102 Morning Sun Dr
HooverAL35244
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.
2031 Stone Brook Dr
BirminghamAL35242
1214 Inverness Cove Way
BirminghamAL35242
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.
Showing Results 1-4, Page 1 of 1
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 | $1,925 | $1,500 | $2,350 |
| Lake Purdy 3 Bedroom Homes for Rent | $2,342 | $1,995 | $2,800 |
| Lake Purdy 4 Bedroom Homes for Rent | $4,250 | $4,000 | $4,500 |
| Lake Purdy 5 Bedroom Homes for Rent | $3,700 | $3,700 | $3,700 |
Browse Homes for Rent in this Neighborhood
There are currently 4 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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Best Value Apartments for Rent in Lake Purdy, AL
As of June 07, 2026 the best value apartment in the Lake Purdy area is the $1.29 price per square foot Aspen Model at Grand Highlands Apartments in the in the Lake Purdy neighborhood starting from $1,746. The second greatest value Lake Purdy apartment is the 3 Bed 2 Bath Model at Bluffs at Riverview starting at $1,599 with a $1.18 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. |
|---|---|---|---|
| Grand Highlands Apartments | Aspen | 3BR,2BA | $1.29 |
| 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 | $1.23 |
| Turtle Lake Apartment Homes | 1Bed - 1Bath | 1BR,1BA | $1.15 |
| Aventura Oak Mountain | Highland renovated | 1BR,1BA | $1.32 |
| Crowne at Grandview | 1 Deluxe | 1BR,1BA | $1.27 |
| 100 Inverness Apartment Homes | A1 | 1BR,1BA | $1.20 |
| Colony Woods | The Retreat | 1BR,1BA | $1.22 |
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 Article
Real 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.
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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 46 Apartments for Rent in Lake Purdy, AL with pricing that ranges from $867 to $12,285. There are also 13 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Purdy ranging from $1,500 to $4,500.
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 $4,500 with an average monthly rent of $3,054.
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.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
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.