Cheap Apartments for Rent in the Central Avenue Corridor Neighborhood of Phoenix, AZ from $700 (74 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Central Avenue Corridor area of Phoenix.

property at 4401 N 12th St

$725 - $1,300

1 Bedroom Rentals

Available Now

4401 N 12th St

PhoenixAZ85014

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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property at 3623 N 5th Ave

$1,185 - $1,483

1 To 2 Bedroom Rentals

Available Now

3623 N 5th Ave

PhoenixAZ85013
property at 2521 N 11th St

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300

1 Bedroom, 1 Bath Home for Rent

Available Now

2521 N 11th St, Unit 2

2521 N 11th St
PhoenixAZ85006

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Callia
Rent Specials
$1,310 - $4,134
Total Monthly Price

Total Monthly Price

Base Rent
$1,310 - $4,134
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Callia

100 W Indian School RdPhoenix, AZ 85012
Student Housing
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  • Customer Reviewed
  • Smoke Free
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Haven at Midtown
Rent Specials
$1,354 - $2,541
Total Monthly Price

Total Monthly Price

Base Rent
$1,354 - $2,541
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Haven at Midtown

222 W Clarendon AvePhoenix, AZ 85013
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Brick Commons
1 to 2 Bedroom Apartments

Brick Commons

3302 N 7TH StPhoenix, AZ 85014
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Moon River Apartments
1 to 2 Bedroom Apartments

Moon River Apartments

4415-4420 N 8th AvePhoenix, AZ 85013
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The Palms
1 to 2 Bedroom Apartments

The Palms

150 E Virginia AvePhoenix, AZ 85004
  • Utilities Included
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Midtown Flats
1 to 3 Bedroom Apartments

Midtown Flats

825 W Osborn RdPhoenix, AZ 85013
Student Housing
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Osborn Pointe
1 Bedroom Apartments

Osborn Pointe

3406 N 3rd StPhoenix, AZ 85012
Senior Living
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Devonshire
Studio to 2 Bedroom Apartments

The Devonshire

4214 N 10th StPhoenix, AZ 85014
  • Utilities Included
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10th Street
1 to 2 Bedroom Apartments

10th Street

4140 N 10th StPhoenix, AZ 85014
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9 Melrose
1 to 2 Bedroom Apartments

9 Melrose

4127 N 9th AvePhoenix, AZ 85013
  • Utilities Included
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45 E Lexington
Studio to 1 Bedroom Apartments

45 E Lexington

45 E Lexington AvePhoenix, AZ 85012
  • Utilities Included
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Aura at Midtown
Studio to 3 Bedroom Apartments

Aura at Midtown

3613-3644 N 5th AvePhoenix, AZ 85013
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Roanoke Terrace
Studio to 2 Bedroom Apartments

Roanoke Terrace

44 E Roanoke AvePhoenix, AZ 85004
  • Utilities Included
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Urbana at 11th
1 to 2 Bedroom Apartments

Urbana at 11th

4119 N 11th AvePhoenix, AZ 85013
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Melrose Flats
1 to 2 Bedroom Apartments

Melrose Flats

806 W Turney AvePhoenix, AZ 85013

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Central Avenue Corridor, Phoenix, AZ Local Guide

Cheapest Available Central Avenue Corridor Apartments for Rent

 

The cheapest available apartment rental in the Central Avenue Corridor area of Phoenix, AZ is a Studio unit found at Duo Apartments priced from $763. The Wexler Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable Central Avenue Corridor apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Duo ApartmentsStudioStudio,1BA$763
The Wexler Apartments0x1 A RenoStudio,1BA$799
Midtown FlatsA11BR,1BA$850
Melrose3130S1 RenovatedStudio,1BA$919
Urbana on 12thStudioStudio,1BA$1,009
Ellis Midtown1x11BR,1BA$1,149
Urbana at 11thTwo Bed One Bath2BR,1BA$1,150
Aura at Midtown2x1.5 897sf Partial2BR,1BA$1,166
Mozaic at Steele ParkThe Fairview1BR,1BA$1,170
The HawthorneThe Monroe1BR,1BA$1,210

Best Value Apartments for Rent in Central Avenue Corridor, AZ

As of July 12, 2026 the best value apartment in the Central Avenue Corridor area is the $1.88 price per square foot C1 Model at The Phoenix Apartments on 6th Avenue in the in the Encanto neighborhood starting from $2,250. The second greatest value Central Avenue Corridor apartment is the The Adams Model at The Hawthorne starting at $1,715 with a $1.72 price per square foot in the Encanto neighborhood. Here is today’s list of the best values for Central Avenue Corridor apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Phoenix Apartments on 6th AvenueC13BR,2BA$1.88
The HawthorneThe Adams2BR,2BA$1.72
U @ Melrose Apartments2 Bedroom, 1 Bath2BR,1BA$1.54
Aura at Midtown2x1.5 897sf Reno2BR,2BA$1.41
60 at Melrose2 bed 2 bath2BR,2BA$1.57
The Heritage Apartment Homes1B1BR,1BA$1.84
Urbana at 11thTwo Bed One Bath2BR,1BA$1.53
Ellis Midtown1X1-BALC1BR,1BA$1.71
Curve at MelroseA31BR,1BA$1.87
Mozaic at Steele ParkThe Willow1BR,1BA$1.86

A Phoenix Expert's Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon

Working at a top Phoenix employer? Get the inside scoop on renting apartments in nearby neighborhoods like Encanto, Coronado, Riverside, and South Mountain Village for a great life and easy commute.

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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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Expert's Guide to the Top Neighborhoods in Phoenix, AZ for College Renters

A Local Experts Guide to The 10 Best Neighborhoods Near Universities and Colleges in the Phoenix metro area for affordable living. Find your perfect Phoenix apartment, condo, or rental home today at ApartmentHomeliving.com

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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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Pet Friendly Lifestyle
Central Avenue Corridor, Phoenix, AZ

Ranked #73

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com is proud to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across Arizona, including Phoenix. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, family-friendliness, raising pets, transit options, walking, and biking. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Central Avenue Corridor Apartments

What is the Cheapest Studio apartment in Central Avenue Corridor?

Currently the most affordable Cheap Studio Apartment in Central Avenue Corridor is at Duo Apartments listed at $763.

How much is rent for a Cheap One Bedroom Central Avenue Corridor Apartment?

The lowest price for a Cheap One Bedroom Central Avenue Corridor Apartment is $850 at Midtown Flats.

What is the lowest price for a Cheap Two Bedroom Central Avenue Corridor Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Central Avenue Corridor is starting from $1,150 at Urbana at 11th.

What is the most affordable Central Avenue Corridor Three Bedroom Apartment?

The best deal on a cheap Central Avenue Corridor Three Bedroom Apartment rental is at Mozaic at Steele Park and starts from $1,815.

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.

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