Cheap Apartments for Rent in the North Eastlake Neighborhood of Birmingham, AL from $595 (2 Rentals)

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Madrid Apartments
Studio to 1 Bedroom Apartments

Madrid Apartments

7745 Madrid AveBirmingham, AL 35206
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Birmingham Neighborhood Breakdown: Where to Find the Cheapest Rent Without Sacrificing Livability

A Local Experts Guide to The Best Affordable Neighborhoods in the Birmingham, AL area for affordable living. Find your perfect Birmingham apartment, condo, or rental home today at ApartmentHomeliving.com

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

North Eastlake, Birmingham, AL Local Guide

Best Value Apartments for Rent in North Eastlake, AL

As of August 26, 2026 the best value apartment in the North Eastlake area is the $0.94 price per square foot Apt 8 Model at 7721 1st Avenue South in the in the Woodlawn neighborhood starting from $899. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
7721 1st Avenue SouthApt 83BR,1BA$0.94
Westridge Apartments East1 Beds, 1 Baths1BR,1BA$0.89
Twin Gates1 Bedroom1BR,1BA$0.93
7720 5th Ave S7720 5th Ave S2BR,1BA$7.80

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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Frequently Asked Questions about Cheap North Eastlake Apartments

How much is rent for a Cheap One Bedroom North Eastlake Apartment?

The lowest price for a Cheap One Bedroom North Eastlake Apartment is $700 at Twin Gates.

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 Rosewood Apartments.

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

decorative image for Birmingham Neighborhood Breakdown: Where to Find the Cheapest Rent Without Sacrificing Livability article

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.