
Cheap Homes for Rent in Cheltenham, MD from $900 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Cheltenham.


9610 Prince William Dr

14724 Silver Hammer Wy
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.

15226 Eve Wy

7208 PURPLE Ave

4442 Lord Loudoun Ct
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 | $3,200 | $3,200 | $3,200 |
| Cheltenham 3 Bedroom Homes for Rent | $3,277 | $2,745 | $3,900 |
| Cheltenham 4 Bedroom Homes for Rent | $3,464 | $2,900 | $4,500 |
| Cheltenham 5 Bedroom Homes for Rent | $4,119 | $3,500 | $4,700 |
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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. Gateway Station by OneWall in the Metroplace neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,075. 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 |
| Gateway Station by OneWall | Studio | Studio,1BA | $1,075 |
| Langdon Park at Fort Washington | Slate | 1BR,1BA | $1,231 |
Best Value Apartments for Rent in Cheltenham, MD and Nearby
As of April 26, 2026 the best value apartment in the Cheltenham area is the $1.86 price per square foot Amara Model at Brookestone in the in the Saint Charles Town Center neighborhood starting from $2,737. The second greatest value Cheltenham apartment is the 3D Model at Flats of Forestville starting at $2,060 with a $1.73 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. |
|---|---|---|---|
| Brookestone | Amara | 3BR,2.5BA | $1.86 |
| Flats of Forestville | 3D | 3BR,1BA | $1.73 |
| The Woods of Marlton | THE ASPEN LARGE (2C 2CR) | 2BR,2BA | $1.74 |
| Avenue Apartments | La Ramble Avenue | 2BR,1BA | $1.78 |
| Windham Creek | 1 | 1BR,1BA | $1.40 |
| Woodland Creek | Manor II - Two Bedroom | 2BR,1BA | $1.76 |
| North Hills Apartments | 1 Bedroom | 1BR,1BA | $1.49 |
| Surrey Square | Victoria | 1BR,1BA | $1.84 |
| Andrews Ridge Apartments | A1 Ash | 1BR,1BA | $1.78 |
| Langdon Park at Fort Washington | Slate | 1BR,1BA | $1.73 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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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 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!
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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 $5,394. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cheltenham ranging from $950 to $6,900.
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 $950 to $6,900 with an average monthly rent of $3,253.
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 $4,463, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,745 to $3,900. Four Bedroom Single-Family rentals are also available starting from $2,900 and Four Bedroom Apartments start at $3,748.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.