Cheap Apartments for Rent in Cheltenham, PA from $500 (32 Rentals)

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

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Tyson Arms
Rent Specials
$910 - $1,445
Total Monthly Price

Total Monthly Price

Base Rent
$860 - $1,395
Required Monthly Fees
$50

Total Monthly Price
$910 - $1,445
Studio to 2 Bedroom Apartments Available Now

Tyson Arms

921 Tyson AvePhiladelphia, PA 19111
Affordability
  • Verified
  • Utilities Included
  • 3D Tour

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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Oxford Apartments
$1,005 - $1,595
Total Monthly Price

Total Monthly Price

Base Rent
$984 - $1,574
Required Monthly Fees
$21

Total Monthly Price
$1,005 - $1,595
1 to 3 Bedroom Apartments Available Now

Oxford Apartments

6451-6461 Oxford AvePhiladelphia, PA 19111
Pet Friendly
  • Verified
  • Customer Reviewed
  • 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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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

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Oak Lynne Apartments
Studio to 1 Bedroom Apartments

Oak Lynne Apartments

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
  • Utilities Included
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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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Fernrock Apartments
Studio to 2 Bedroom Apartments

Fernrock Apartments

6022-6038 Warnock AvePhiladelphia, PA 19141
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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
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Barrie Place
1 to 2 Bedroom Apartments

Barrie Place

7900 Algon AvePhiladelphia, PA 19111
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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
Ivy Hill GardensSTUDIOStudio,1BA$900
Tyson Arms ApartmentsTyson Arms ApartmentsStudio,1BA$910
Academia SuitesStudioStudio,1BA$978
YONOStudioStudio,1BA$980
Oxford Apartments1 Bed 1 Bath | Classic JR1BR,1BA$1,005
Lawndale Apartments1 Bed 1 Bath | Renovated1BR,1BA$1,095
7408 - 7428 Alma St1 BR 1BA1BR,1BA$1,100
The York House 55 PlusStudioStudio,1BA$1,100

Best Value Apartments for Rent in Cheltenham, PA and Nearby

As of March 23, 2026 the best value apartment in the Cheltenham area is the $1.51 price per square foot Two Bedroom Model at Wyncote House in the in the Wyncote Jenkintown neighborhood starting from $1,635. The second greatest value Cheltenham apartment is the 2nd Floor Model at Montclair Duplex Apartments starting at $1,495 with a $1.57 price per square foot in the Ryers 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.
Wyncote HouseTwo Bedroom2BR,1.5BA$1.51
Montclair Duplex Apartments2nd Floor2BR,1BA$1.57
Audubon Apartment Homes1 Bed 1 Bath | Renovated1BR,1BA$1.53
508 Central Ave, Unit Apt. #1508 Central Ave1BR,1BA$1.81
Emerson FlatsFully Renovated One Bedroom1BR,1BA$1.79
Elkins Park Terrace1 Bedroom1BR,1BA$1.66
MandelaBeautiful Remodeled Unit1BR,1BA$1.60
Tacony Crossing1 Bed, 1 Bath1BR,1BA$1.75
Broad Oak ApartmentsOne Bedroom Units1BR,1BA$1.71
7408 - 7428 Alma St1 BR 1BA1BR,1BA$1.57

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.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Quick 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.

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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!

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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 $1,000 at Ivy Hill Gardens.

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 $1,250 at Oak Lane Court Apartments.

What is the most affordable Cheltenham Three Bedroom Apartment?

The best deal on a cheap Cheltenham Three Bedroom Apartment rental is at 100 York Apartments and starts from $2,250.

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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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.

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.