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Studio to 1 Bedroom Apartments
Madrid Apartments
7745 Madrid AveBirmingham, AL 35206
Cheap Apartments for Rent in the North Eastlake Neighborhood of Birmingham, AL from $500 (2 Rentals)
Search the lowest-cost Apartments available for rent right now in the North Eastlake 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.
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1 to 2 Bedroom Apartments
R Apartments @ 4th Avenue
7778-7780 4th Ave SBirmingham, AL 35206
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.
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North Eastlake, Birmingham, AL Local Guide
How much does it cost to rent an apartment in North Eastlake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| North Eastlake 1 Bedroom Apartments | $635 | $595 | $675 |
| North Eastlake 2 Bedroom Apartments | $910 | $625 | $1,200 |
| North Eastlake 3 Bedroom Apartments | $1,516 | $1,100 | $2,150 |
Browse Apartments in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the North Eastlake Neighborhood of Birmingham, AL.
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North Eastlake, Birmingham, AL Local Guide
- Nearby Birmingham neighborhoods
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Best Value Apartments for Rent in North Eastlake, AL
As of July 12, 2026 the best value apartment in the North Eastlake area is the $0.97 price per square foot Apt 8 Model at 7721 1st Avenue South in the in the Woodlawn neighborhood starting from $925. The second greatest value North Eastlake apartment is the 1 Beds, 1 Baths Model at Westridge Apartments East starting at $850 with a $0.89 price per square foot in the Woodlawn neighborhood. Here is today’s list of the best values for North Eastlake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 7721 1st Avenue South | Apt 8 | 3BR,1BA | $0.97 |
| Westridge Apartments East | 1 Beds, 1 Baths | 1BR,1BA | $0.89 |
| Twin Gates | 1 Bed, 1 bath | 1BR,1BA | $0.90 |
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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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.
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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 North Eastlake, Birmingham, AL
Barrett Elementary School
Birmingham City School District
Public School - Grades PK-5 (405)
3 out of 10
Woodlawn High School-Magnet
Birmingham City School District
Public School - Grades 9-12 (738)
1 out of 10
School data provided by Great Schools
Frequently Asked Questions about Cheap North Eastlake Apartments
What is the lowest price for a Cheap Two Bedroom North Eastlake Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in North Eastlake is starting from $750 at Twin Gates.
What is the most affordable North Eastlake Three Bedroom Apartment?
The best deal on a cheap North Eastlake Three Bedroom Apartment rental is at 7721 1st Avenue South and starts from $925.
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.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.