
Cheap Homes for Rent in Cheltenham Neighborhood of St. Louis, MO from $400 (23 Rentals)
Search the lowest-cost Homes available for rent right now in the Cheltenham area of St. Louis.


2727 Hampton Ave

4934 Kemper Ave

6108 Waterman Blvd

934 Concordia Ln

4355 Maryland Ave

2037 Maury Ave
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.

5616 Pershing Ave

5795 Pershing Ave

5316 Pershing Ave

6453 Hoffmann Ave

4228 Cleveland Ave

4244 Chouteau Ave

1 Brookings Dr
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.

308 Laurel St

4994 Fyler Ave

911 St Rita Ave

4100 Lindell Blvd

4922 Wise Ave

3912 Flad Ave

4350 Gibson Ave
From Arch to Apartment: The St. Louis Insider's Guide to Renting Near the Area's Top Employers
The St. Louis Insider's Guide to renting near BJC, WashU, Boeing, SSM Health, and Anheuser-Busch. Find your perfect neighborhood to balance commute, lifestyle, and budget.

4139 Cleveland Ave
Cheltenham, St. Louis, MO 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 | $1,844 | $900 | $3,800 |
| Cheltenham 3 Bedroom Homes for Rent | $2,216 | $1,500 | $3,695 |
| Cheltenham 4 Bedroom Homes for Rent | $2,901 | $1,795 | $3,995 |
| Cheltenham 6 Bedroom Homes for Rent | $2,830 | $2,000 | $3,692 |
Browse Homes for Rent in this Neighborhood
There are currently 23 rentals with your search options within a 2 mile radius of the Cheltenham Neighborhood of St. Louis, MO.
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Cheltenham, St. Louis, MO Local Guide
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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 $696. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Forest Park Apartments | The Cardinal | 1BR,1BA | $696 |
| The Fairmont & Monticello Apartments | Monticello Studios ('03, '08) | Studio,1BA | $755 |
| 4349 Forest Park Ave | Studio | Studio,1BA | $780 |
| Oakview Lyndover Apartments | 1 bedroom | 1BR,1BA | $795 |
| Hampden Hall | Studio | Studio,1BA | $799 |
Best Value Apartments for Rent in Cheltenham, MO
As of December 25, 2025 the best value apartment in the Cheltenham area is the $1.07 price per square foot 4545 Oakland Ave Model at 4545 Oakland Ave, Unit 4545 in the in the Cheltenham neighborhood starting from $1,600. The second greatest value Cheltenham apartment is the 4167 Botanical Ave Model at 4167 Botanical Ave, Unit 2F starting at $1,375 with a $1.02 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 4545 Oakland Ave, Unit 4545 | 4545 Oakland Ave | 3BR,1.5BA | $1.07 |
| 4167 Botanical Ave, Unit 2F | 4167 Botanical Ave | 2BR,1BA | $1.02 |
| 4425 Enright Ave, Unit 2F | 4425 Enright Ave | 2BR,2BA | $0.85 |
| 3818 Arsenal Street, Unit 3820a | 3818 Arsenal Street | 2BR,1BA | $1.16 |
| 1817 Thurman Ave, Unit 1S | 1817 Thurman Ave | 2BR,1BA | $1.16 |
| 3111 Morganford Rd, Unit 1st FL | 3111 Morganford Rd | 1BR,1BA | $0.87 |
| 4457 Westminster Pl, Unit 4457 | 4457 Westminster Pl | 2BR,1BA | $1.20 |
| 4989 Arsenal St, Unit 4989A | 4989 Arsenal St | 2BR,1BA | $1.10 |
| The Donatello | 2 Bd | 2BR,1BA | $1.18 |
| 744 Walton Ave, Unit 774E | 744 Walton Ave | 1BR,1BA | $1.00 |
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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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 ArticleLocal 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
Read ArticleQuick 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.
Pet Friendly LifestyleCheltenham, St. Louis, MO
Ranked #19
Among cities in Missouri for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Cheltenham, St. Louis, MO
Shaw Visual/Perf. Arts Center
School data provided by Great Schools
Frequently Asked Questions about Cheltenham
What type of rentals are currently available in Cheltenham?
There are currently 705 Apartments for Rent in Cheltenham, MO with pricing that ranges from $701 to $7,953. There are also 123 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cheltenham ranging from $750 to $3,995.
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 $750 to $3,995 with an average monthly rent of $2,041.
How much are larger Three and Four Bedroom Rentals in Cheltenham?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Cheltenham range from $1,239 to $5,303, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $3,695. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $1,068.
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

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.

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.
