
Cheap Homes for Rent in Cheltenham, PA from $900 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Cheltenham.


1323 Hellerman St

5901 Colgate St

5515 N Fairhill St
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.

326 Van Kirk St

4936 N 17th St

6425 Argyle St

6630 N Broad St
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.
Cheltenham, PA 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 | $1,543 | $1,100 | $2,400 |
| Cheltenham 3 Bedroom Homes for Rent | $1,970 | $1,500 | $3,250 |
| Cheltenham 4 Bedroom Homes for Rent | $3,100 | $2,300 | $3,900 |
| Cheltenham 5 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
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Cheltenham, PA Local Guide
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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. Algon Gardens in the Mayfair neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $800. Here is today’s list of the most affordable Cheltenham apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oak Lane Court Apartments | 0/1.0 | Studio,1BA | $750 |
| Algon Gardens | AG| Studio Jr | Studio,1BA | $800 |
| YONO | Studio | Studio,1BA | $865 |
Best Value Apartments for Rent in Cheltenham, PA and Nearby
As of December 29, 2025 the best value apartment in the Cheltenham area is the $1.23 price per square foot 2 Bedroom Model at Olney Plaza in the in the West Oak Lane neighborhood starting from $1,215. The second greatest value Cheltenham apartment is the Bently Manor Two Bedroom 1 Bath Large Model at Bentley Manor starting at $1,479 with a $1.64 price per square foot in the West Oak Lane 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. |
|---|---|---|---|
| Olney Plaza | 2 Bedroom | 2BR,1BA | $1.23 |
| Bentley Manor | Bently Manor Two Bedroom 1 Bath Large | 2BR,1BA | $1.64 |
| Spencer Place | Spencer Place 2 Bedroom 1 Bath Large | 2BR,1BA | $1.48 |
| Wyncote House | 1 Bedroom | 1BR,1BA | $1.57 |
| 8248 Rockwell Avenue | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $1.72 |
| Mandela Apartments | 1bed/1bath | 1BR,1BA | $1.60 |
| Loretto 7828 | One Bedroom | 1BR,1BA | $1.71 |
| Oaklynne | 1BR/1.0BA | 1BR,1BA | $1.38 |
| Godfrey Arms | Godfrey Arms 1 Bedroom 1 Bath | 1BR,1BA | $1.71 |
| Melrose Court Apartments | Studio | Studio ,1BA | $1.62 |
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 ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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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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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 211 Apartments for Rent in Cheltenham, PA with pricing that ranges from $750 to $3,187. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cheltenham ranging from $980 to $4,500.
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 $980 to $4,500 with an average monthly rent of $2,327.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!