
Cheap Homes for Rent in Cheltenham, MD from $1,200 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Cheltenham.


7208 PURPLE Ave

8503 Rockwell Dr
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.

4442 Lord Loudoun Ct

14200 Farnsworth Ln

10411 Farrar Ave
The DC Housing Strategy: Balancing Career & Lifestyle Near Top Washington DC Area Employers
Renting in the D.C. area? Explore Takoma, Brookland, Glover Park, Charles Village, and more. Find a convenient, high-quality home near your major employer.
Cheltenham, MD Local Guide

How much does it cost to rent a home in Cheltenham?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheltenham 2 Bedroom Homes for Rent | $2,650 | $2,650 | $2,650 |
| Cheltenham 3 Bedroom Homes for Rent | $3,119 | $2,600 | $3,600 |
| Cheltenham 4 Bedroom Homes for Rent | $3,540 | $2,900 | $5,000 |
| Cheltenham 5 Bedroom Homes for Rent | $4,230 | $3,700 | $4,550 |
| Cheltenham 6 Bedroom Homes for Rent | $4,400 | $4,400 | $4,400 |
Browse Top Homes for Rent in Cheltenham
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Cheltenham, MD Local Guide
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Cheapest Available Cheltenham Apartments for Rent and Nearby
 The cheapest available apartment rental in Cheltenham, MD is a Studio unit found at The Courts of Camp Springs in the Metroplace neighborhood priced from $1,050. North Hills Apartments in the Metroplace neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,250. Here is today’s list of the most affordable Cheltenham apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Courts of Camp Springs | Studio Income Restricted | Studio,1BA | $1,050 |
| North Hills Apartments | 1 Bedroom | 1BR,1BA | $1,250 |
| Heather Hill | 1BR | 1BA A | 1BR,1BA | $1,293 |
Best Value Apartments for Rent in Cheltenham, MD and Nearby
As of June 11, 2026 the best value apartment in the Cheltenham area is the $1.59 price per square foot 3A Model at Flats of Forestville in the in the Metroplace neighborhood starting from $1,895. The second greatest value Cheltenham apartment is the 2 Model at Windham Creek starting at $1,810 with a $1.62 price per square foot in the Metroplace neighborhood. Here is today’s list of the best values for Cheltenham apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Flats of Forestville | 3A | 3BR,1.5BA | $1.59 |
| Windham Creek | 2 | 2BR,2BA | $1.62 |
| The Woods of Marlton | THE ASPEN LARGE (2C 2CR) | 2BR,2BA | $1.74 |
| Andrews Ridge Apartments | B1 Pine | 2BR,1BA | $1.64 |
| Gateway Station by OneWall | 2B1B | 2BR,1BA | $1.49 |
| Woodland Creek | Manor II - Two Bedroom | 2BR,1BA | $1.76 |
| The Courts of Camp Springs | Two Bedroom | 2BR,1BA | $1.91 |
| North Hills Apartments | 1 Bedroom | 1BR,1BA | $1.49 |
| Surrey Square | Victoria | 1BR,1BA | $1.84 |
| Harbor Place Apartment Homes | One Bedroom - 717 sqft | 1BR,1BA | $1.91 |
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 ArticleRent Smart in Washington DC: Best Neighborhoods to Rent for University Students
Discover the top neighborhoods for university students to rent in Washington D.C. Find affordable, convenient, and vibrant areas near major campuses on ApartmentHomeLiving.com.
Read ArticleReal 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Cheltenham, MD Rentals by Map
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Frequently Asked Questions about Cheltenham
What type of rentals are currently available in Cheltenham?
There are currently 40 Apartments for Rent in Cheltenham, MD with pricing that ranges from $1,050 to $5,190. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cheltenham ranging from $1,200 to $5,000.
What is the current price range for Rental Homes in Cheltenham?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Cheltenham ranges from $1,200 to $5,000 with an average monthly rent of $3,266.
How much are larger Three and Four Bedroom Rentals in Cheltenham?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Cheltenham range from $1,695 to $4,412, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,600 to $3,600. Four Bedroom Single-Family rentals are also available starting from $2,900 and Four Bedroom Apartments start at $3,592.
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.
Helpful Local Expert Guides

A Washington DC Local Expert's Guide to Top Affordable Neighborhoods for Renters in the DC Metro
Written by: Steve Lilly
I'm Steve, your ApartmentHomeLiving.com Local Expert for Washington, DC.

Rent Smart in Washington DC: Best Neighborhoods to Rent for University Students
Written by: Steve Lilly
I'm Steve, your ApartmentHomeLiving.com Local Expert for Washington, DC.

The DC Housing Strategy: Balancing Career & Lifestyle Near Top Washington DC Area Employers
Written by: Steve Lilly
I'm Steve, your ApartmentHomeLiving.com Local Expert for Washington, D.C.

Discover DC: The Insider's Guide to Renting in Our Nations Capital
Written by: Steve Lilly
Greetings from Washington, DC! I'm Stephen, your ApartmentHomeLiving.com Local Expert for Washington, and I'd love to give you the inside scoop on a city that many people only think of in terms of visiting, not living in.
Articles, How-To's, and Tips

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.

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.