Cheap Homes for Rent in Cheltenham Neighborhood of St. Louis, MO from $400 (30 Rentals)

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

property at 5803 Waterman Blvd

$900 - $1,800

Total Monthly Price

Total Monthly Price

Base Rent
$900 - $1,800

Total Monthly Price
$900 - $1,800

2 Bedroom, 2 Bath Condo for Rent

Available Now

5803 Waterman Blvd

St. LouisMO63112
property at 1229 Louisville Ave

$1,025

Total Monthly Price

Total Monthly Price

Base Rent
$1,025

Total Monthly Price
$1,025

1 Bedroom, 1 Bath Townhome for Rent

Available Jun 1

1229 Louisville Ave

St. LouisMO63139

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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property at 5316 Pershing Ave

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

1 Bedroom, 1 Bath Condo for Rent

Available Now

5316 Pershing Ave, Unit 508, Unit 508

5316 Pershing Ave
St. LouisMO63112
property at 1240 Hawthorne Pl

$1,095 - $1,350

1 To 2 Bedroom Rentals

Available Now

1240 Hawthorne Pl

Richmond HeightsMO63117

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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property at 5528 Waterman Blvd

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

1 Bedroom, 1 Bath Condo for Rent

Available Now

5528 Waterman Blvd, Unit 1N, Unit 1N

5528 Waterman Blvd
St. LouisMO63112

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.

property at 4510 Wichita Ave

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

1 Bedroom, 1 Bath Home for Rent

Available Now

4510 Wichita Ave

St. LouisMO63110

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 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 ListingModel NameBed/BathPriced From
Forest Park ApartmentsThe Cardinal1BR,1BA$699
The Fairmont & Monticello ApartmentsMonticello Studios ('03, '08)Studio,1BA$755
Oakview Lyndover Apartments1 bedroom1BR,1BA$795
4349 Forest Park AveStudioStudio,1BA$800
Euclid+PineBasic StudioStudio,1BA$810
West End Terrace ApartmentsStudioStudio,1BA$840
HawthorneStudioStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
4626 Enright Ave4626 Enright Ave2BR,1BA$0.80
4628 Enright Ave, Unit 24628 Enright Ave3BR,1BA$0.87
4414 W Pine Blvd, Unit 24414 W Pine Blvd2BR,1BA$1.30
4400 Delmar Blvd, Unit 4400 Delmar4400 Delmar Blvd3BR,1BA$1.24
Laclede LoftsTwo Bed Two Bath2BR,2BA$1.31
6659 Kingsbury Blvd3 bd3BR,1BA$1.27
StetsonB22BR,2BA$1.18
The Park LuxPark Lux 2 BD | 1.5BA2BR,1.5BA$1.20
744 Walton Ave744 Walton Ave2BR,1BA$1.00
1204 Yale Ave, Unit 1204 Yale Avenue1204 Yale Ave1BR,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.

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Local 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

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Real 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.

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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.

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Pet Friendly Lifestyle
Cheltenham, St. Louis, MO

Ranked #9

Among cities in Missouri for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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

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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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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.

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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

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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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

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

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.