Cheap Apartments for Rent in the Central Avenue Corridor Neighborhood of Phoenix, AZ from $700 (78 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 3302 N 7th St

$1,090

Total Monthly Price

Total Monthly Price

Base Rent
$1,090

Total Monthly Price
$1,090

1 Bedroom, 1 Bath Condo for Rent

Available Now

3302 N 7th St, Unit #330

3302 N 7th 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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Haven at Midtown
Rent Specials
$1,279 - $2,646
Total Monthly Price

Total Monthly Price

Base Rent
$1,279 - $2,646

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

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
$1,354 - $3,606
Total Monthly Price

Total Monthly Price

Base Rent
$1,354 - $3,606

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Callia

100 W Indian School RdPhoenix, AZ 85012
Student Housing
  • Verified
  • Customer Reviewed
  • Smoke Free
property at 3302 N 7th St

$1,090 - $1,800

1 To 2 Bedroom Rentals

Available Now

3302 N 7th St

PhoenixAZ85014
property at 1016 E Osborn Rd

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

1 Bedroom, 1 Bath Condo for Rent

Available Now

1016 E Osborn Rd, Unit F

1016 E Osborn Rd
PhoenixAZ85014

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
  • Utilities Included
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Midtown Flats
1 to 3 Bedroom Apartments

Midtown Flats

825 W Osborn RdPhoenix, AZ 85013
Student Housing

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 Palms
1 to 2 Bedroom Apartments

The Palms

150 E Virginia AvePhoenix, AZ 85004
  • Utilities Included
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Osborn Pointe
1 Bedroom Apartments

Osborn Pointe

3406 N 3rd StPhoenix, AZ 85012
Senior Living
  • Utilities Included
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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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9 Melrose
1 to 2 Bedroom Apartments

9 Melrose

4127 N 9th AvePhoenix, AZ 85013
  • 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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Melrose Apartments
Studio to 3 Bedroom Apartments

Melrose Apartments

4444 N 7th AvePhoenix, AZ 85013
Corporate Housing
  • 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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Roanoke Terrace
Studio to 2 Bedroom Apartments

Roanoke Terrace

44 E Roanoke AvePhoenix, AZ 85004
  • Utilities Included

From Scottsdale to Peoria: Your Renter’s Guide to Phoenix's Best Cities

Looking to rent in the Phoenix area, but outside of the core? This guide covers top cities in the metroplex like Gilbert and Chandler, highlighting key differences in cost of living, commute, and community feel.

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 1 Bed unit found at Midtown Flats priced from $850. Melrose3130 has the second lowest priced unit, which is a Studio apartment currently listed from $884. Here are the most affordable Central Avenue Corridor apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Midtown FlatsA11BR,1BA$850
Melrose3130S1 ClassicStudio,1BA$884
Urbana on 12thStudioStudio,1BA$1,021
Mozaic at Steele ParkThe Willow1BR,1BA$1,080
Melrose FlatsOne Bedroom/One Bathroom1BR,1BA$1,100
The Wexler Apartments1X1 C Reno1BR,1BA$1,150
Urbana at 11thTwo Bed One Bath2BR,1BA$1,150
Aura at Midtown1x1 714sq Classic1BR,1BA$1,175
Duo ApartmentsDeluxe StudioStudio,1BA$1,225
MAA Central AveS1 0x1 573 SFStudio,1BA$1,249

Best Value Apartments for Rent in Central Avenue Corridor, AZ

As of May 28, 2026 the best value apartment in the Central Avenue Corridor area is the $1.74 price per square foot B1 Model at The Phoenix Apartments on 6th Avenue in the in the Encanto neighborhood starting from $1,705. The second greatest value Central Avenue Corridor apartment is the 2 Bedroom, 1 Bath Model at U @ Melrose Apartments starting at $1,400 with a $1.54 price per square foot in the Downtown Phoenix 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 AvenueB12BR,2BA$1.74
U @ Melrose Apartments2 Bedroom, 1 Bath2BR,1BA$1.54
60 at Melrose2 bed 2 bath2BR,2BA$1.51
The HawthorneThe Roosevelt1BR,1BA$1.74
The Heritage Apartment Homes1B1BR,1BA$1.85
Urbana at 11thTwo Bed One Bath2BR,1BA$1.53
Aura at Midtown1x1 714sq Classic1BR,1BA$1.65
Mozaic at Steele ParkThe Willow1BR,1BA$1.66
The Wexler Apartments1x1 D1BR,1BA$1.87
Midtown FlatsA11BR,1BA$1.70

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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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 Avenue Corridor, Phoenix, AZ

Ranked #71

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 a cheap apartment in Central Avenue Corridor?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Central Avenue Corridor is under $1,249.

What is the price of a cheap apartment in Central Avenue Corridor?

The cheapest apartment in Central Avenue Corridor is Midtown Flats which is listed at $850, while the average apartment in Central Avenue Corridor costs $2,250.

What types of apartments are the cheapest in Central Avenue Corridor?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 76 regular apartments in Central Avenue Corridor that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Central Avenue Corridor?

Cheap apartments in Central Avenue Corridor have an average cost of $1,126 which is $1,124 cheaper than the average rent for all rentals in Central Avenue Corridor.

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

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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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