Cheap Apartments for Rent in the Cheltenham Neighborhood of St. Louis, MO from $500 (152 Rentals)

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

St. Louis's Best Affordable Neighborhoods

Learn about St. Louis and the best places to live with original content written by our St. Louis, MO Local Expert Taryn Shorr-Mckee

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property at 5338 Shaw Ave

5338 Shaw Ave

St. LouisMO63110
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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. McCormack House at Forest Park Southeast has the second lowest priced unit, which is a 1 Bed apartment currently listed from $640. 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
McCormack House at Forest Park Southeast1 Bedroom Tax Credit***1BR,1BA$640
Forest Park ApartmentsThe Cardinal1BR,1BA$655
The MichelangeloStudioStudio,1BA$700
275 on the ParkWestmoreland StudioStudio,1BA$725
Gallery Central West EndSmall EfficiencyStudio,1BA$725
The Fairmont & Monticello ApartmentsMonticello Studios ('03, '08)Studio,1BA$755
4349 Forest Park AveStudioStudio,1BA$780
4020 Lindell Blvd.4020 Lindell Blvd. #408 - Available NowStudio,1BA$795
Oakview Lyndover Apartments1 bedroom1BR,1BA$795

Best Value Apartments for Rent in Cheltenham, MO

As of April 07, 2025 the best value apartment in the Cheltenham area is the $1.06 price per square foot 4132 Botanical Ave Model at 4132 Botanical Ave, Unit 1st in the in the Cheltenham neighborhood starting from $1,700. The second greatest value Cheltenham apartment is the 4228 Cleveland Ave Model at 4228 Cleveland Ave, Unit 4228a starting at $1,700 with a $1.13 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.
4132 Botanical Ave, Unit 1st4132 Botanical Ave3BR,1BA$1.06
4228 Cleveland Ave, Unit 4228a4228 Cleveland Ave4BR,1BA$1.13
4414 W Pine Blvd, Unit 24414 W Pine Blvd2BR,1BA$1.17
4400 Delmar Blvd, Unit 4400 Delmar4400 Delmar Blvd3BR,1BA$1.17
4510 Laclede Ave2 Bedroom2BR,1BA$1.28
Motorworks2BR/1.0BA2BR,1BA$1.25
The Park LuxThree Bed One and a Half Bath3BR,1.5BA$1.18
4410 Swan Ave, Unit 4410A4410 Swan Ave1BR,1BA$1.13
Forest Park ApartmentsThe Cardinal1BR,1BA$1.19
St. Luke's Plaza ApartmentsStudioStudio ,1BA$1.26

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Pet Friendly Lifestyle
Cheltenham, St. Louis, MO

Ranked #9

Among neighborhoods in St. Louis, MO 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

Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of neighborhoods, cities, and rental properties across Missouri and customized analysis for St. Louis, Missouri. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, kid and pet-friendly communities, availability of transit options, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Cheltenham Neighborhood in St. Louis, MO

Walk Score®

54 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

55 / 100

Bikeable

Some bike infrastructure

Transit Score®

34 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Cheltenham Apartments

What is a cheap apartment in Cheltenham?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Cheltenham is under $795.

What is the price of a cheap apartment in Cheltenham?

The cheapest apartment in Cheltenham is McCormack House at Forest Park Southeast which is listed at $640, while the average apartment in Cheltenham costs $2,070.

What types of apartments are the cheapest in Cheltenham?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 490 regular apartments in Cheltenham that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Cheltenham?

Cheap apartments in Cheltenham have an average cost of $876 which is $1,194 cheaper than the average rent for all rentals in Cheltenham.

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.

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A Local Expert’s Guide To the 10 Top Budget-Friendly Neighborhoods to Rent in St. Louis

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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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.