Listed 5+ Days Ago
Location
531 W Lake Dr #1, Bessemer, AL 35020, USA
Tour 531 W Lake Dr #1
Contact
Executive Property Management
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Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
About 531 W Lake Dr #1
EXECUTIVE PROPERTY MANAGEMENT Section 8 welcome Welcome home to 531 West Lake Drive Bessemer, AL 35020. Features 3BR/1BA, newly renovated kitchen, bathroom, floor and fresh paint. Stove and refrigerator included in the property when you sign a 12 month lease! Call (205) 600-6603 or 205-600-7473 schedule a viewing on Tenant Turner to tour this home! DEPOSIT WAIVED!!! Listed by: ASTRIA SMITH
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 531 W Lake Dr, Bessemer, AL 35020, USA compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.5 miles away
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
- Middle school nearby
- There is a middle school 1.8 miles away
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 0.9 miles away
Address details
| Zip code | 35020 |
|---|---|
| Type | House for rent |
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Rent trends in Bessemer
3-bedroom apartments at 531 W Lake Dr #1 cost about 25% less than the average rent price for 3-bedroom apartments in Bessemer.
Median rents as of Oct 31 2026.
Bessemer
| Month | Median Rent |
|---|---|
| November 2024 | $1,272 |
| December 2024 | $1,265 |
| January 2025 | $1,287 |
| February 2025 | $1,300 |
| March 2025 | $1,365 |
| April 2025 | $1,380 |
| May 2025 | $1,466 |
| June 2025 | $1,341 |
| July 2025 | $1,235 |
| August 2025 | $1,253 |
| September 2025 | $1,277 |
| October 2025 | $1,284 |
| November 2025 | $1,217 |
| December 2025 | $1,218 |
| January 2026 | $1,202 |
| February 2026 | $1,199 |
| March 2026 | $1,193 |
| April 2026 | $1,225 |
| May 2026 | $1,232 |
| June 2026 | $1,197 |
| July 2026 | $1,236 |
| August 2026 | $1,262 |
| September 2026 | $1,250 |
| October 2026 | $1,224 |
Affordability calculator
Can I afford to live at 531 W Lake Dr #1?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$35,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $35,800 annually to afford this 3-bedrooms monthly rent price of $895.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 2 months ago | $1,150 | 3 bed | 1 bath |
Schools near 531 W Lake Dr #1
Westhills Elementary School
710 glenn rd
bessemer, AL, 35022
K-5Public
D+
Oxmoor K-5
3600 sydney dr
birmingham, AL, 35211
PK, K-5Public
C-
Richard Arrington Elementary School
2101 jefferson ave sw
birmingham, AL, 35211
PK, K-5Public
C-
Jefferson County Virtual School
2100 18th st south
birmingham, AL, 35209
K-12Public
Vestavia Hills Elementary Dolly Ridge
2680 gresham dr
vestavia hills, AL, 35243
PK, K-5Public
A
Neighborhood
Getting around Bessemer near 531 W Lake Dr #1
Walking
4/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
3/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 531 W Lake Dr #1, Bessemer
Groceries
8/10
Wide variety of groceries within a short drive, including some within walking distance
Shopping
5/10
Variety of shops within a short drive
Cafes
2/10
Few or no cafés within a short drive
Restaurants
5/10
Variety of restaurants within a short drive
Primary schools
2/10
Closest elementary school further than a 30-minute walk
High schools
1/10
Closest high school further than a 30-minute walk
Parks
3/10
Limited amount of park space nearby
Nightlife
3/10
Some bars within a short drive
Explore the area around 531 W Lake Dr #1
Fourth Avenue Super Market
528 4th Ave N
Vicinity Market
714 14th St N
Laperla Mexican Grocery
1516 9th Ave N
Food Giant Inc
700 19th St N
Torme Associated Foods
527 20th St N
Family Dollar
430 4th Ave N
America's Thrift Stores
528 W Town Plz
Citi Trends
518 W Town Plz
MRS Nadia's Army Navy Surplus Store
1200 18th St N
Z'mear Dreamz Boutique LLC
529 19th St N
Tea Co
3112 Dublin Ln
Starbucks
5049 Ford Pkwy
Starbucks
4889 Promenade Pkwy
Dunkin'
2178 Eastern Valley Rd
Tropical Smoothie Cafe
2899 Allison Bonnett Memorial Dr
W T's Restaurant & Lounge
820 9th St N
Beer Garden
1129 9th Ave N
Harry & Billie's Lounge
1203 9th Ave N
Applebee's Grill + Bar
5050 Academy Ln
Sportsters Bar & Grill
242 Forest Rd
Bae's 21
Kakes By Keila LLC
1328 Ferro Ave
The Juicy Seafood
5020 Academy Ln
The Seafood King-Bessemer
5060 Academy Ln
Walmart Deli
750 Academy Dr
Recreation Ground
Watercress Darter National Wildlife Refuge
Park
Leagcy Park
Muscoda Park
Hunt Brothers Pizza
561 9th Ave N
Captain D's
560 W Town Plz
Jennie's Sandwich Shop
331 4th Ave N
Pizza Hut
501 W Town Plz
Wingstop
501 W Town Plz
9th Ave / Somerset Blvd (West Town Plaza)
South Bessemer
4th St / 5th St
Bessemer
4th St / 3rd St
Bessemer
9th Ave / 8th St
South Bessemer
Westlake Mall
South Bessemer
Other units at this address
531 W Lake Dr, Bessemer, AL
531 W Lake Dr Bessemer, AL
Occupied
3 Beds, 1 Bath
3 Beds
1 Bath
$895
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