Cheap Homes for Rent in Cheltenham, PA from $900 (11 Rentals)

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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.

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

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. Oaklynne in the West Oak Lane neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. 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
Oaklynne1BR/1.0BA1BR,1BA$895
Ivy Hill GardensSTUDIOStudio,1BA$900
Tyson Arms ApartmentsTyson Arms ApartmentsStudio,1BA$910
Melrose Court ApartmentsStudioStudio,1BA$925

Best Value Apartments for Rent in Cheltenham, PA and Nearby

As of December 20, 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 Spencer Place 2 Bedroom 1 Bath Large Model at Spencer Place starting at $1,322 with a $1.47 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Olney Plaza2 Bedroom2BR,1BA$1.23
Spencer PlaceSpencer Place 2 Bedroom 1 Bath Large2BR,1BA$1.47
Wyncote House1 Bedroom1BR,1BA$1.57
Mandela Apartments1bed/1bath1BR,1BA$1.60
Tacony Crossing1 Bed, 1 Bath1BR,1BA$1.75
Loretto 7828One Bedroom1BR,1BA$1.71
Oaklynne1BR/1.0BA1BR,1BA$1.38
Godfrey ArmsGodfrey Arms 1 Bedroom 1 Bath1BR,1BA$1.71
Bentley ManorBently Manor EfficiencyStudio ,1BA$1.66
Melrose Court ApartmentsStudioStudio ,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.

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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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Pet Friendly Lifestyle

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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!

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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 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cheltenham ranging from $950 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 $950 to $4,500 with an average monthly rent of $2,454.

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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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.