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

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Search the lowest-cost Homes 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 4301 Olive St

4301 Olive St

St. LouisMO63108
property at 4232 Blaine Ave

4232 Blaine Ave

St. LouisMO63110
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Cheltenham, St. Louis, MO Local Guide

Cheapest Neighborhoods for Apartments in Cheltenham, MO

Pricing Updated: 03/21/2025

Current apartment rentals in the Cheltenham, MO area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Cheltenham Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units

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
Gallery Central West EndSmall EfficiencyStudio,1BA$725

Best Value Apartments for Rent in Cheltenham, MO

As of March 21, 2025 the best value apartment in the Cheltenham area is the $0.82 price per square foot 4472 Enright Ave Model at 4472 Enright Ave, Unit 4472A enright in the in the Cheltenham neighborhood starting from $1,275. The second greatest value Cheltenham apartment is the 4470 Enright Ave Model at 4470 Enright Ave, Unit 4470 enright 2nd floor starting at $1,280 with a $0.85 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.
4472 Enright Ave, Unit 4472A enright4472 Enright Ave3BR,1BA$0.82
4470 Enright Ave, Unit 4470 enright 2nd floor4470 Enright Ave3BR,1BA$0.85
4228 Cleveland Ave, Unit 4228a4228 Cleveland Ave4BR,1BA$1.13
4400 Delmar Blvd, Unit 4436 Delmar4400 Delmar Blvd3BR,1BA$1.10
Laclede Lofts2bed/2bath2BR,2BA$1.18
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 Blues1BR,1BA$1.34
St. Luke's Plaza ApartmentsStudioStudio ,1BA$1.26
Peppertree ApartmentsOne Bedroom1BR,1BA$1.30

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Frequently Asked Questions about Cheltenham

What type of rentals are currently available in Cheltenham?

There are currently 687 Apartments for Rent in Cheltenham, MO with pricing that ranges from $550 to $6,995. There are also 88 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cheltenham ranging from $400 to $4,500.

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 $4,500 with an average monthly rent of $1,758.

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 $1,200 to $6,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,295 to $4,500. Four Bedroom Single-Family rentals are also available starting from $1,175 and Four Bedroom Apartments start at $1,700.

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.

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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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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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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.