Cheap Apartments for Rent in the Cheltenham Neighborhood of St. Louis, MO from $500 (169 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Cheltenham area of St. Louis.

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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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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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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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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Showing Results 1-50, Page 1 of 4

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 Studio unit found at St. Luke's Plaza Apartments priced from $569. Forest Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $635. Here are the most affordable Cheltenham apartments for rent in St. Louis, MO:

Apartment ListingModel NameBed/BathPriced From
St. Luke's Plaza ApartmentsStudioStudio,1BA$569
Forest Park ApartmentsThe Cardinal1BR,1BA$635
The Fairmont & Monticello ApartmentsMonticello Studios ('03, '08)Studio,1BA$755
4349 Forest Park AveStudioStudio,1BA$780
The Era CollectiveCongress Studio 256Studio,1BA$785
Oakview Lyndover Apartments1 bedroom1BR,1BA$795
Hampden HallStudioStudio,1BA$799
Brewer's Edge ApartmentsRenovated One Bed1BR,1BA$800
Euclid+PineBasic StudioStudio,1BA$810
West Pine Lofts2B 2B2BR,2BA$849

Best Value Apartments for Rent in Cheltenham, MO

As of September 28, 2025 the best value apartment in the Cheltenham area is the $1.12 price per square foot 6040 Washington Blvd Model at 6040 Washington Blvd in the in the Cheltenham neighborhood starting from $2,350. The second greatest value Cheltenham apartment is the 4545 Oakland Ave Model at 4545 Oakland Ave, Unit 4545 starting at $1,800 with a $1.20 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.
6040 Washington Blvd6040 Washington Blvd3BR,2BA$1.12
4545 Oakland Ave, Unit 45454545 Oakland Ave3BR,1.5BA$1.20
4167 Botanical Ave, Unit 1F4167 Botanical Ave2BR,1BA$1.11
3880 Connecticut St, Unit 3880 Connecticut 1F3880 Connecticut St2BR,1BA$1.15
4354 Laclede Ave, Unit A4354 Laclede Ave3BR,1BA$1.27
4124 W Pine Blvd, Unit 2F4124 W Pine Blvd1BR,1BA$1.21
6659 Garner Ave, Unit 2nd Floor6659 Garner Ave2BR,1BA$0.89
4932 Wise Ave, Unit 4932 Wise Ave #4932 A4932 Wise Ave1BR,1BA$1.26
Forest Park ApartmentsThe Cardinal1BR,1BA$1.15
St. Luke's Plaza ApartmentsStudioStudio ,1BA$1.26

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Pet Friendly Lifestyle
Cheltenham, St. Louis, MO

Ranked #19

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!

Getting Around the Cheltenham Neighborhood in St. Louis, MO

Walk Score®

54 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

55 / 100

Bikeable

Some bike infrastructure

Transit Score®

34 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $849.

What is the price of a cheap apartment in Cheltenham?

The cheapest apartment in Cheltenham is Forest Park Apartments which is listed at $635, while the average apartment in Cheltenham costs $5,192.

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 263 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 $752 which is $4,440 cheaper than the average rent for all rentals in Cheltenham.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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

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

Written by: Taryn Shorr-Mckee

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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Kansas Citys Major Employers & the Best Places to Rent Near Them | A Local Expert Guide

Written by: Amber Kanuckel

Hey, there! I’m Amber, your ApartmentHomeLiving.com local expert for Kansas City, and I’m back with my recommendations for top employers in the area.

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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.