
Cheap Homes for Rent in 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.


615 Clara Ave

5803 Waterman Blvd

6653 Berthold Ave

3325 Lawn Ave, Unit 3327 1F

6651 Berthold Ave

1229 Louisville 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.

5316 Pershing Ave, Unit 508, Unit 508

1240 Hawthorne Pl

3945-3947 Utah St

911 St Rita Ave

4961 McPherson Ave

6126 Washington Blvd

4424 Oakland Ave
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4506 Wichita Ave

4549-4551-4551 Oakland Ave, Unit 4549A

4350 Gibson Ave

6009 Kingsbury Ave

5316 Pershing Ave

4953 McPherson Ave

2744 Dalton Ave
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.

6036 Washington Blvd

1003 Art Hill Pl, Unit 1st floor

5528 Waterman Blvd, Unit 1N, Unit 1N

6012 McPherson Ave

6018 McPherson Ave

909 Concordia Ln

6649 Berthold Ave
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5320 Northrup Ave

4510 Wichita 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 | $1,771 | $900 | $2,900 |
| Cheltenham 3 Bedroom Homes for Rent | $2,628 | $1,550 | $4,500 |
| Cheltenham 4 Bedroom Homes for Rent | $3,461 | $1,950 | $4,760 |
| Cheltenham 6 Bedroom Homes for Rent | $3,250 | $3,000 | $3,500 |
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 $699. 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 | $699 |
| The Fairmont & Monticello Apartments | Monticello Studios ('03, '08) | Studio,1BA | $755 |
| Oakview Lyndover Apartments | 1 bedroom | 1BR,1BA | $795 |
| 4349 Forest Park Ave | Studio | Studio,1BA | $800 |
| Euclid+Pine | Basic Studio | Studio,1BA | $810 |
| West End Terrace Apartments | Studio | Studio,1BA | $840 |
| Hawthorne | Studio | Studio,1BA | $850 |
Best Value Apartments for Rent in Cheltenham, MO
As of May 23, 2026 the best value apartment in the Cheltenham area is the $0.80 price per square foot 4626 Enright Ave Model at 4626 Enright Ave in the in the Cheltenham neighborhood starting from $1,200. 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. |
|---|---|---|---|
| 4626 Enright Ave | 4626 Enright Ave | 2BR,1BA | $0.80 |
| 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 |
| Laclede Lofts | Two Bed Two Bath | 2BR,2BA | $1.31 |
| 6659 Kingsbury Blvd | 3 bd | 3BR,1BA | $1.27 |
| Stetson | B2 | 2BR,2BA | $1.18 |
| The Park Lux | Park Lux 2 BD | 1.5BA | 2BR,1.5BA | $1.20 |
| 744 Walton Ave | 744 Walton Ave | 2BR,1BA | $1.00 |
| 1204 Yale Ave, Unit 1204 Yale Avenue | 1204 Yale Ave | 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 683 Apartments for Rent in Cheltenham, MO with pricing that ranges from $699 to $9,195. There are also 94 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cheltenham ranging from $400 to $4,760.
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 $4,760 with an average monthly rent of $2,208.
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 $7,099, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $4,500. Four Bedroom Single-Family rentals are also available starting from $1,950 and Four Bedroom Apartments start at $1,150.
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 Experts 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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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