Cheap Apartments for Rent near Cheltenham, PA from $500 (36 Rentals)

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

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YONO
Rent Specials
$878 - $1,960Studio to 3 Bedroom Apartments Available Now

YONO

1320 W Somerville AvePhiladelphia, PA 19141
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  • Utilities Included

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.

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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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Treeview Manor Apartments
Studio to 1 Bedroom Apartments

Treeview Manor Apartments

6620-6630 N 5th StPhiladelphia, PA 19126
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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
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Jason Court Apartments
1 Bedroom Apartments

Jason Court Apartments

6614-6620 Oxford AvePhiladelphia, PA 19111
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Oaklynne
Studio to 1 Bedroom Apartments

Oaklynne

6610 N 8th StPhiladelphia, PA 19126
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1807 widener place
1 Bedroom Apartments

1807 widener place

1807 Widener PlPhiladelphia, PA 19141
  • 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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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
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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
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McKinley Gardens
1 Bedroom Apartments

McKinley Gardens

533-535 Mckinley StPhiladelphia, PA 19111
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Barrie Place
1 to 2 Bedroom Apartments

Barrie Place

7900 Algon AvePhiladelphia, PA 19111
  • Utilities Included

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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Showing Results 1-36, Page 1 of 1

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
YONOStudioStudio,1BA$878
Oaklynne1 Bed 1 Bath1BR,1BA$895
Algon GardensAG| Studio JrStudio,1BA$900
Ivy Hill GardensSTUDIOStudio,1BA$900
8248 Rockwell AvenueStudio, 1 BathroomStudio,1BA$995
Lawndale Apartments1 Bed 1 Bath |1BR,1BA$995
The York House 55 PlusStudioStudio,1BA$1,025
Stevenson Terrace ApartmentsOne Bedroom1BR,1BA$1,095

Best Value Apartments for Rent in Cheltenham, PA and Nearby

As of August 07, 2026 the best value apartment in the Cheltenham area is the $1.24 price per square foot One Bedroom Model at 100 York Apartments in the in the Wyncote Jenkintown neighborhood starting from $1,450. The second greatest value Cheltenham apartment is the Two Bedroom Model at Wyncote House starting at $1,645 with a $1.52 price per square foot in the Wyncote Jenkintown 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.
100 York ApartmentsOne Bedroom1BR,1BA$1.24
Wyncote HouseTwo Bedroom2BR,1.5BA$1.52
Oxford Apartments2 Bed 1 Bath | Renovated2BR,1BA$1.52
Bromley House2 Bedroom2BR,2BA$1.67
Elkins Park GardensTwo Bedroom2BR,1BA$1.75
Montclair Duplex Apartments2nd Floor2BR,1BA$1.57
Mandela Apartments1Bd/1Ba New Construction1BR,1BA$1.60
Tacony Crossing1 Bed, 1 Bath1BR,1BA$1.75
7408 - 7428 Alma St1 BR 1BA1BR,1BA$1.57
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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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.

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Pet Friendly Lifestyle

Ranked #

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

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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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

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.