Cheap Homes for Rent in Central Peoria Neighborhood of Peoria, AZ from $800 (6 Rentals)

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Search the lowest-cost Homes available for rent right now in the Central Peoria area of Peoria.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Central Peoria, Peoria, AZ Local Guide

Cheapest Available Central Peoria Apartments for Rent

 

The cheapest available apartment rental in the Central Peoria area of Phoenix, AZ is a 1 Bed unit found at Olive Tree priced from $825. Streamliner 87th has the second lowest priced unit, which is a Studio apartment currently listed from $889. Here are the most affordable Central Peoria apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Olive TreeA11BR,1BA$825
Streamliner 87thStudioStudio,1BA$889
Sunset LandingOne Bedroom1BR,1BA$925

Best Value Apartments for Rent in Central Peoria, AZ

As of June 11, 2026 the best value apartment in the Central Peoria area is the $1.13 price per square foot 8566 Model at 8566 W Cinnabar Ave in the in the The Preserve at Cibola Vista neighborhood starting from $3,250. The second greatest value Central Peoria apartment is the 3 Bedroom Townhome Model at Fountain Place starting at $1,600 with a $1.33 price per square foot in the Barrel District neighborhood. Here is today’s list of the best values for Central Peoria apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
8566 W Cinnabar Ave85665BR,3BA$1.13
Fountain Place3 Bedroom Townhome3BR,2.5BA$1.33
Nacona3 Bed/2 Bath3BR,2BA$1.58
Desert Harbor Apartment Homes2 Bedroom, 2 Bath2BR,2BA$1.38
Desert VistaIronwood1BR,1BA$1.51
Peoria Grand Apartments2x1A2BR,1BA$1.53
Napa Place Apartments2x2L2BR,2BA$1.60
MoxiJuniper1BR,1BA$1.58
Artisan ParkA11BR,1BA$1.67
Country Village1 Bedroom1BR,1BA$1.67

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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
Central Peoria, Peoria, AZ

Ranked #9

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Central Peoria

What type of rentals are currently available in Central Peoria?

There are currently 60 Apartments for Rent in Central Peoria, AZ with pricing that ranges from $825 to $3,395. There are also 98 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Peoria ranging from $825 to $8,900.

What is the current price range for Rental Homes in Central Peoria?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Central Peoria ranges from $825 to $8,900 with an average monthly rent of $2,149.

How much are larger Three and Four Bedroom Rentals in Central Peoria?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Central Peoria range from $1,600 to $2,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,595 to $2,520. Four Bedroom Single-Family rentals are also available starting from $1,799 and Four Bedroom Apartments start at $2,733.

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.

Helpful Local Expert Guides

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A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ

Written by: Andrew Jollett

I'm Andrew, your ApartmHomeLiving.com local expert for Phoenix. My earliest memories of Phoenix date back to the mid-2000s when 2 of my sisters moved there (one for work and the other for school).

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Experts Guide to the Top Neighborhoods in Phoenix, AZ for College Renters

Written by: Andrew Jollett

I never attended school in Phoenix. While living there for some time, I often longed to join in on the fun and adventure I saw students from a number of colleges in the area.

decorative image for A Phoenix Experts Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon article

A Phoenix Experts Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon

Written by: Andrew Jollett

Phoenix has long been one of the fastest-growing metros in the United States. When I think about how much I’ve seen it change over the years, it’s no wonder so many young professionals flock to the area every year.

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New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options

Written by: Andrew Jollett

Hi everyone! My name is Andrew, and I’m your local ApartmentHomeLiving.com guide for the greater Phoenix area. Today, I want to take you on an insider’s tour of the area.

Articles, How-To's, and Tips

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.