Cheap Apartments for Rent in the Cheltenham Neighborhood of St. Louis, MO from $500 (193 Rentals)

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744 Walton Ave
$750
Total Monthly Price

Total Monthly Price

Base Rent
$750
Total Monthly Price
$750
1 to 2 Bedroom Apartment Available Now

744 Walton Ave

744 Walton AveSt. Louis, MO 63108
Affordability

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Cheltenham, St. Louis, MO Local Guide

Cheapest Available Cheltenham Apartments for Rent

 

The cheapest available apartment rental in the Cheltenham area of St. Louis, MO is a 1 Bed unit found at Forest Park Apartments priced from $701. The Fairmont & Monticello Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $755. Here are the most affordable Cheltenham apartments for rent in St. Louis, MO:

Apartment ListingModel NameBed/BathPriced From
Forest Park ApartmentsThe Cardinal1BR,1BA$701
The Fairmont & Monticello ApartmentsMonticello Studios ('03, '08)Studio,1BA$755
Oakview Lyndover Apartments1 bedroom1BR,1BA$795
Euclid+PineBasic StudioStudio,1BA$810
Brewer's Edge ApartmentsRenovated One Bed1BR,1BA$850
Forest Park Southeast1 Bdrm Garden, 476 SqFt, Tax Credit, 60% AMI1BR,1BA$850
HawthorneStudioStudio,1BA$850
The Era CollectiveCongress Studio 545Studio,1BA$880
The Parkway4961 Laclede - STUDIOStudio,1BA$895

Best Value Apartments for Rent in Cheltenham, MO

As of July 05, 2026 the best value apartment in the Cheltenham area is the $1.21 price per square foot 6018 Westminster Pl Model at 6018 Westminster Pl in the in the Cheltenham neighborhood starting from $1,995. The second greatest value Cheltenham apartment is the 4626 Enright Ave Model at 4626 Enright Ave starting at $1,100 with a $0.73 price per square foot in the Cheltenham 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.
6018 Westminster Pl6018 Westminster Pl3BR,1BA$1.21
4626 Enright Ave4626 Enright Ave2BR,1BA$0.73
4628 Enright Ave, Unit 24628 Enright Ave3BR,1BA$0.87
4414 W Pine Blvd, Unit 24414 W Pine Blvd2BR,1BA$1.30
4400 Delmar Blvd, Unit 4400 Delmar4400 Delmar Blvd3BR,1BA$1.24
The Park LuxPark Lux 2 BD | 1.5BA2BR,1.5BA$1.20
West End Terrace Apartments2 Bed 2 Bath2BR,2BA$1.17
Motorworks1BR/1.0BA1BR,1BA$1.23
Westmoreland @ The Era CollecctiveWestmoreland 1 Bedroom 1 Bath 8201BR,1BA$1.17
744 Walton Ave744 Walton Ave2BR,1BA$1.00

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in St. Louis

A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the St. Louis, MO metro area for affordable living. Find your perfect Student apartment, condo, or rental home today at apartmenthomeliving.com

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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
Cheltenham, St. Louis, MO

Ranked #9

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Cheltenham, St. Louis, MO

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of neighborhoods, cities, and rental properties across Missouri and customized analysis for St. Louis, Missouri. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, kid and pet-friendly communities, availability of transit options, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Cheltenham Apartments

What is a cheap apartment in Cheltenham?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Cheltenham is under $895.

What is the price of a cheap apartment in Cheltenham?

The cheapest apartment in Cheltenham is Forest Park Apartments which is listed at $701, while the average apartment in Cheltenham costs $5,863.

What types of apartments are the cheapest in Cheltenham?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 204 regular apartments in Cheltenham that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Cheltenham?

Cheap apartments in Cheltenham have an average cost of $571 which is $5,292 cheaper than the average rent for all rentals in Cheltenham.

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.

Helpful Local Expert Guides

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A Local Expert’s Guide To the 10 Top Budget-Friendly Neighborhoods to Rent in St. Louis

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I’m Taryn, your ApartmentHomeLiving.com team Local Expert for St. Louis, Missouri. Nicknamed “a city of neighborhoods,” St. Louis has nearly 80 distinct communities, each with unique characteristics setting it apart from others.

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Finding the right neighborhood to rent near your St. Louis college or university isn’t just about convenience.

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Written by: Taryn Shorr-Mckee

St. Louis is a historic city of neighborhoods — nearly 80 of them — each with its own personality, rhythm, and everyday comforts.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

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