Rent in Cheltenham, PA
A 2-bedroom in Cheltenham, PA (ZIP 19012) typically rents for about $1,699 a month, with a range of $1,658–$1,740. Owner-occupied homes in Montgomery County pay about 1.35% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,350 | $1,350–$1,438 | 1 |
| 1 bed | $1,460 | $1,460–$1,558 | 1 |
| 2 beds | $1,699 | $1,658–$1,740 | 1 |
| 3 beds | $2,094 | $2,070–$2,118 | 1 |
| 4 beds | $2,290 | $2,290–$2,445 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Cheltenham ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Cheltenham, PA?
- About $1,699 a month: the median of the typical rents in 1 ZIP code, which range from $1,658–$1,740. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Cheltenham, PA?
- About $1,460 a month: the median of the typical rents in 1 ZIP code, which range from $1,460–$1,558. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Cheltenham, PA?
- About $2,094 a month: the median of the typical rents in 1 ZIP code, which range from $2,070–$2,118. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Cheltenham, PA?
- About $1,350 a month: the median of the typical rents in 1 ZIP code, which range from $1,350–$1,438. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Cheltenham, PA?
- About $2,290 a month: the median of the typical rents in 1 ZIP code, which range from $2,290–$2,445. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Cheltenham, PA?
- Owner-occupied homes in Montgomery County pay a typical 1.35% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Cheltenham rent figures come from?
- HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).