Cheap Homes for Rent in Cheltenham Neighborhood of St. Louis, MO from $400 (22 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 5535 Pershing Ave

5535 Pershing Ave

St. LouisMO63112
property at 5616 Pershing Ave

5616 Pershing Ave

St. LouisMO63112

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
Toronto Parcade ApartmentsEfficiency1BR,1BA$675
The MichelangeloStudioStudio,1BA$700
The Era CollectiveWestmoreland StudioStudio,1BA$735

Best Value Apartments for Rent in Cheltenham, MO

As of July 26, 2025 the best value apartment in the Cheltenham area is the $0.63 price per square foot 4472 Enright Ave Model at 4472 Enright Ave, Unit 4472A enright in the in the Cheltenham neighborhood starting from $975. The second greatest value Cheltenham apartment is the 6659 Garner Ave Model at 6659 Garner Ave, Unit 2nd Floor starting at $1,000 with a $0.91 price per square foot in the Ellendale 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.
4472 Enright Ave, Unit 4472A enright4472 Enright Ave2BR,1BA$0.63
6659 Garner Ave, Unit 2nd Floor6659 Garner Ave2BR,1BA$0.91
4166 Juniata St, Unit TGS Apartment4166 Juniata St1BR,1BA$1.20
3926 Utah St, Unit FL 23926 Utah St1BR,1BA$1.22
4410 Swan Ave, Unit 4410A4410 Swan Ave1BR,1BA$1.18
3130 Maury Ave, Unit Second floor3130 Maury Ave1BR,1BA$1.17
West Pine Lofts2B 2B2BR,2BA$1.16
1200 Yale Ave, Unit 61200 Yale Ave1BR,1BA$1.23
Forest Park ApartmentsThe Cardinal1BR,1BA$1.15
St. Luke's Plaza ApartmentsStudioStudio ,1BA$1.26

Quick 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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Cheltenham

What type of rentals are currently available in Cheltenham?

There are currently 674 Apartments for Rent in Cheltenham, MO with pricing that ranges from $569 to $10,499. There are also 116 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cheltenham ranging from $400 to $5,000.

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 $5,000 with an average monthly rent of $2,217.

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 $1,250 to $10,499, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $4,100. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $1,880.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.