In Cheltenham 18% of the housing is rented out compared to 82% of homes are owned, according to the most recent Census Bureau estimates. none of Cheltenham's apartments are found in large buildings of 50 units or more, 85% are located in smaller apartment complexes with less than 50 units, and 15% are single-family rentals.
The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Cheltenham are about 0 years old, on average. Of these, none have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 0 stories. About none of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.
Studio apartments in Cheltenham are around 0% of rentals, while 1-bedroom floor plans represent 0% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 0% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.
Cheltenham Township is situated directly north of Philadelphia, making it an attractive suburban option for those who work in the city but prefer a quieter residential setting. The close proximity to Philadelphia provides easy access to a major metropolitan area while retaining the benefits of suburban life. Key industries in Cheltenham include education, healthcare, and retail, drawing a diverse group of residents.
Recreational areas in Cheltenham are plentiful, with Tookany Creek Parkway providing scenic trails and picnic areas. This park is particularly popular among families and fitness enthusiasts. The township also boasts a vibrant arts scene supported by facilities such as the Cheltenham Center for the Arts, offering classes and workshops in various artistic disciplines. Historical features rich in Cheltenham include several well-preserved 19th-century buildings and estates, contributing to its charming character.
Diverse neighborhoods such as Elkins Park and Glenside reflect the area's cultural richness, each offering unique dining scenes. Local cuisine is diverse, with a notable presence of Italian, Korean, and Jewish delicatessens, reflecting the ethnic composition of the community.
In terms of education, the Cheltenham School District is well-regarded, offering strong educational programs and boasting several Blue Ribbon schools.
Cheltenham offers a variety of rental options, with neighborhoods like Elkins Park featuring more historic homes and apartment buildings. Architectural styles range from Victorian to mid-century modern, providing aesthetic diversity. These areas are often close to cultural institutions like the Cheltenham Art Center and public transport options, enhancing their appeal to young professionals and artists.
Glenside is another popular area for renters, known for its smaller, more affordable homes suitable for young families or those starting out. Proximity to parks and schools makes it a desirable location for long-term living.
Cheltenham boasts several major shopping centers, including the Cheltenham Square Mall and Greenleaf at Cheltenham, which host a range of retail stores from national brands to local boutiques. Specialty shopping can be found in districts like Glenside, known for its antique shops and local crafts.
Common grocery stores in the area include Trader Joe’s and Whole Foods, along with local markets that offer a variety of everyday goods.
Cheltenham is well-served by public transportation, with several SEPTA bus routes and regional rail services connecting residents to Philadelphia and other parts of Montgomery County. Apps like the SEPTA app provide users with real-time updates and payment options, making commuting straightforward.
For those traveling further, the proximity to major routes such as Route 309 and the Pennsylvania Turnpike is advantageous. Although Cheltenham does not have its own airport, the Philadelphia International Airport is conveniently located just a short drive away, facilitating regional and international travel.
In conclusion, Cheltenham, PA, offers a well-rounded suburban experience with the perks of nearby urban life, making it an attractive option for various demographics looking to rent in the area.
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