Cheap Apartments for Rent in Cheltenham, PA from $500 (65 Rentals)

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Search the lowest-cost Apartments available for rent right now in Cheltenham.

property at 1401 Beech Ave

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000

1 Bedroom, 1 Bath Home for Rent

Available Now

1401 Beech Ave

Elkins ParkPA19027

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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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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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714-718 Rhawn St
1 to 2 Bedroom Apartments

714-718 Rhawn St

714-718 Rhawn StPhiladelphia, PA 19111
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Afton Park Apartments
Studio to 2 Bedroom Apartments

Afton Park Apartments

1006 Afton StPhiladelphia, PA 19111
  • Utilities Included
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Boulevard Gardens
1 to 2 Bedroom Apartments

Boulevard Gardens

4801 Summerdale AvePhiladelphia, PA 19124
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Treeview Manor Apartments
Studio to 1 Bedroom Apartments

Treeview Manor Apartments

6620-6630 N 5th StPhiladelphia, PA 19126
  • Utilities Included
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1015-1023 Afton St
Studio to 2 Bedroom Apartments

1015-1023 Afton St

1015-1023 Afton StPhiladelphia, PA 19111
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3901 on the Boulevard
1 to 2 Bedroom Apartments

3901 on the Boulevard

3901 Roosevelt BlvdPhiladelphia, PA 19124
  • Utilities Included
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Jason Court Apartments
1 Bedroom Apartments

Jason Court Apartments

6614-6620 Oxford AvePhiladelphia, PA 19111
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Oaklynne
Studio to 1 Bedroom Apartments

Oaklynne

6610 N 8th StPhiladelphia, PA 19126
  • Utilities Included
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8248 Rockwell Avenue
Studio to 2 Bedroom Apartments

8248 Rockwell Avenue

8248-8250 Rockwell AvePhiladelphia, PA 19111
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440 Old York Rd
Studio Apartments

440 Old York Rd

440 Old York RdJenkintown, PA 19046
Senior Living
property at 822 69th Ave

$1,045

1 Bedroom Rentals

Available Now

822 69th Ave

PhiladelphiaPA19126
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515 Stahr Rd
1 to 2 Bedroom Apartments

515 Stahr Rd

515 Stahr RdElkins Park, PA 19027
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Godfrey Arms
Studio to 2 Bedroom Apartments

Godfrey Arms

1725-1775 W Godfrey AvePhiladelphia, PA 19141
  • Utilities Included
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McKinley Gardens
1 Bedroom Apartments

McKinley Gardens

533-535 Mckinley StPhiladelphia, PA 19111
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Showing Results 1-50, Page 1 of 2

Cheltenham, PA Local Guide

Cheapest Available Cheltenham Apartments for Rent and Nearby

 

The cheapest available apartment rental in Cheltenham, PA is a Studio unit found at Oak Lane Court Apartments in the West Oak Lane neighborhood priced from $750. Olney Plaza in the West Oak Lane neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here is today’s list of the most affordable Cheltenham apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Oak Lane Court Apartments0/1.0Studio,1BA$750
Olney PlazaStudiosStudio,1BA$850
Oaklynne1 Bed 1 Bath1BR,1BA$895
Algon GardensAG| Studio JrStudio,1BA$900
Ivy Hill GardensSTUDIOStudio,1BA$900
YONOStudioStudio,1BA$950
Lawndale Apartments1 Bed 1 Bath |1BR,1BA$995
The York House 55 PlusStudioStudio,1BA$1,025
Stevenson Terrace ApartmentsOne Bedroom1BR,1BA$1,095
7408 - 7428 Alma St1 BR 1BA1BR,1BA$1,100

Best Value Apartments for Rent in Cheltenham, PA and Nearby

As of June 23, 2026 the best value apartment in the Cheltenham area is the $1.57 price per square foot 2nd Floor Model at Montclair Duplex Apartments in the in the Ryers neighborhood starting from $1,495. The second greatest value Cheltenham apartment is the 2 Bed 1 Bath | Classic Model at Downing Apartments starting at $1,475 with a $1.55 price per square foot in the Mayfair neighborhood. Here is today’s list of the best values for Cheltenham apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Montclair Duplex Apartments2nd Floor2BR,1BA$1.57
Downing Apartments2 Bed 1 Bath | Classic2BR,1BA$1.55
Austin Manor Apartments2 BR Grand2BR,1BA$1.72
Audubon Apartment Homes1 Bed 1 Bath | Renovated1BR,1BA$1.58
Park Chase ApartmentsTwo Bedroom2BR,1BA$1.75
Mandela Apartments1bed/1bath1BR,1BA$1.67
Tacony Crossing1 Bed, 1 Bath1BR,1BA$1.75
7408 - 7428 Alma St1 BR 1BA1BR,1BA$1.57
Melrose Court Apartments1 Bedroom 1 Bath1BR,1BA$1.68
Oaklynne1 Bed 1 Bath1BR,1BA$1.49

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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Pet Friendly Lifestyle

Ranked #

Among cities in Pennsylvania for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Cheltenham, PA Rentals by Map

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See the most popular apartments and homes in Cheltenham, PA

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Frequently Asked Questions about Cheap Cheltenham Apartments

What is the Cheapest Studio apartment in Cheltenham?

Currently the most affordable Cheap Studio Apartment in Cheltenham is at Oak Lane Court Apartments listed at $750.

How much is rent for a Cheap One Bedroom Cheltenham Apartment?

The lowest price for a Cheap One Bedroom Cheltenham Apartment is $895 at Oaklynne.

What is the lowest price for a Cheap Two Bedroom Cheltenham Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Cheltenham is starting from $1,195 at Lawndale 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

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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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.

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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.

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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.