Cheap Homes for Rent in Cheltenham Neighborhood of St. Louis, MO from $400 (28 Rentals)

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

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.

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property at 4244 Chouteau Ave

$925 - $1,075

Studio To 1 Bedroom Rentals

Available Now

4244 Chouteau Ave

St. LouisMO63110
property at 2037 Maury Ave

$995

2 Bedroom, 1 Bath Condo for Rent

Available Now

2037 Maury Ave

St. LouisMO63110

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.

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property at 4994 Fyler Ave

$1,100

1 Bedroom, 1 Bath Townhome for Rent

Available Jan 10, 2026

4994 Fyler Ave

St. LouisMO63139

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.

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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.

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Showing Results 1-28, Page 1 of 1

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 $696. Oak Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $705. Here are the most affordable Cheltenham apartments for rent in St. Louis, MO:

Apartment ListingModel NameBed/BathPriced From
Forest Park ApartmentsThe Cardinal1BR,1BA$696
Oak Park Apartments1 Bedroom_1 Bath 1BR,1BA$705
The Fairmont & Monticello ApartmentsMonticello Studios ('03, '08)Studio,1BA$755
4349 Forest Park AveStudioStudio,1BA$780
Oakview Lyndover Apartments1 bedroom1BR,1BA$795
Hampden HallStudioStudio,1BA$799
Brewer's Edge ApartmentsRenovated One Bed1BR,1BA$800
Euclid+PineBasic StudioStudio,1BA$810
The Era CollectiveCongress Studio 300Studio,1BA$839

Best Value Apartments for Rent in Cheltenham, MO

As of December 19, 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 3818 Arsenal Street Model at 3818 Arsenal Street, Unit 3820a starting at $1,450 with a $1.16 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.
4545 Oakland Ave, Unit 45454545 Oakland Ave3BR,1.5BA$1.07
3818 Arsenal Street, Unit 3820a3818 Arsenal Street2BR,1BA$1.16
1817 Thurman Ave, Unit 1S1817 Thurman Ave2BR,1BA$1.16
5875 Washington Blvd, Unit 1st Floor5875 Washington Blvd3BR,1BA$1.31
Westmoreland @ The Era CollecctiveWestmoreland 2 Bedroom 1 Bath2BR,1BA$1.29
The Park LuxPark Lux 2 BD | 1.5BA2BR,1.5BA$1.20
4457 Westminster Pl, Unit 44574457 Westminster Pl2BR,1BA$1.20
The Donatello2 Bd2BR,1BA$1.18
2736 59th St, Unit 2nd Floor2736 59th St1BR,1BA$1.29
Forest Park ApartmentsThe Cardinal1BR,1BA$1.27

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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 #18

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Cheltenham, St. Louis, MO

School data provided by Great Schools

Frequently Asked Questions about Cheltenham

What type of rentals are currently available in Cheltenham?

There are currently 697 Apartments for Rent in Cheltenham, MO with pricing that ranges from $672 to $10,776. There are also 129 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cheltenham ranging from $400 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 $400 to $3,995 with an average monthly rent of $1,993.

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 $10,776, 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 $1,253.

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

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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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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!