
Cheap Homes for Rent in the Cheltenham Neighborhood of St. Louis, MO from $400 (30 Rentals)
Search the lowest-cost Homes available for rent right now in the Cheltenham area of St. Louis.


2635 Brannon Ave, Unit 1F

6653 Berthold Ave

6647 Berthold Ave

3325 Lawn Ave, Unit 3327 1F

6263 Hoffman Ave

1617 Forest Ave
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

1617 Forest Ave

5944 Victoria

4500 McPherson Ave, Unit 1W

5625 Pershing Ave, Unit Apt 32

4029 Shenandoah Ave, Unit 2A

4355 Maryland Ave, Unit 211

1032 Sanford Ave, Unit 1st floor
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.

4549-4551-4551 Oakland Ave, Unit 4549A

4350 Gibson Ave

6126-6128 Washington Blvd, Unit Apt 102

5630 Pershing Ave

3837 Shenandoah Ave

1535 McCausland Ave

4273 Connecticut St, Unit 2F
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.

5630 Pershing Ave

4355 Maryland Ave

5528 Waterman Blvd, Unit 1N

6012 McPherson Ave

411 N Newstead Ave, Unit 2S

4985 Arsenal St

4510 Wichita Ave
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.

6649 Berthold Ave

3925 Shenandoah 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 | $1,926 | $1,250 | $3,200 |
| Cheltenham 3 Bedroom Homes for Rent | $2,417 | $1,095 | $3,999 |
| Cheltenham 4 Bedroom Homes for Rent | $3,170 | $1,950 | $4,500 |
| Cheltenham 6 Bedroom Homes for Rent | $4,300 | $3,700 | $5,500 |
Browse Homes for Rent in this Neighborhood
There are currently 30 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 $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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Forest Park Apartments | The Cardinal | 1BR,1BA | $701 |
| The Fairmont & Monticello Apartments | Monticello Studios ('03, '08) | Studio,1BA | $755 |
| Oakview Lyndover Apartments | 1 bedroom | 1BR,1BA | $795 |
| Euclid+Pine | Basic Studio | Studio,1BA | $810 |
| Brewer's Edge Apartments | Renovated One Bed | 1BR,1BA | $850 |
| Forest Park Southeast | 1 Bdrm Garden, 476 SqFt, Tax Credit, 60% AMI | 1BR,1BA | $850 |
| Hawthorne | Studio | Studio,1BA | $850 |
| The Parkway | 4961 Laclede - STUDIO | Studio,1BA | $895 |
| West Pine Lofts | 2B 2B | 2BR,2BA | $899 |
Best Value Apartments for Rent in Cheltenham, MO
As of July 09, 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 4628 Enright Ave Model at 4628 Enright Ave, Unit 2 starting at $1,300 with a $0.87 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. |
|---|---|---|---|
| 6018 Westminster Pl | 6018 Westminster Pl | 3BR,1BA | $1.21 |
| 4628 Enright Ave, Unit 2 | 4628 Enright Ave | 3BR,1BA | $0.87 |
| 4414 W Pine Blvd, Unit 2 | 4414 W Pine Blvd | 2BR,1BA | $1.30 |
| 4400 Delmar Blvd, Unit 4400 Delmar | 4400 Delmar Blvd | 3BR,1BA | $1.24 |
| The Park Lux | Park Lux 2 BD | 1.5BA | 2BR,1.5BA | $1.20 |
| West End Terrace Apartments | 2 Bed 2 Bath | 2BR,2BA | $1.17 |
| 3130 Maury Ave, Unit 3130 Maury ave aptB | 3130 Maury Ave | 2BR,1BA | $1.32 |
| Motorworks | 1BR/1.0BA | 1BR,1BA | $1.17 |
| 744 Walton Ave | 744 Walton Ave | 2BR,1BA | $1.00 |
| Forest Park Apartments | The Blues | 1BR,1BA | $1.32 |
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 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 ArticleReal 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.
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 #9
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 680 Apartments for Rent in Cheltenham, MO with pricing that ranges from $699 to $6,669. There are also 92 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cheltenham ranging from $400 to $5,500.
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 $400 to $5,500 with an average monthly rent of $2,332.
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 $835 to $6,669, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,095 to $3,999. Four Bedroom Single-Family rentals are also available starting from $1,950 and Four Bedroom Apartments start at $1,906.
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

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.

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in St. Louis
Written by: Taryn Shorr-Mckee
Finding the right neighborhood to rent near your St. Louis college or university isn’t just about convenience.

St. Louis Living: Your Local Expert's Guide to Neighborhoods and Renting
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.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.