
Cheap Homes for Rent in Central Avenue Corridor Neighborhood of Phoenix, AZ from $800 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Central Avenue Corridor area of Phoenix.


3302 N 7th St, Unit #330

938 E Amelia Ave, Unit 3

4306 N 12th St

502 W Roma Ave

351 E Thomas Rd
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.

355 E Thomas Rd

1016 E Osborn Rd, Unit F

840 E Turney Ave

840 E Turney Ave

347 W Roma Ave

1016 E Osborn Rd
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.

807 E Amelia Ave
Central Avenue Corridor, Phoenix, AZ Local Guide

How much does it cost to rent a home in Central Avenue Corridor?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central Avenue Corridor 2 Bedroom Homes for Rent | $2,073 | $1,425 | $3,500 |
| Central Avenue Corridor 3 Bedroom Homes for Rent | $2,691 | $1,545 | $3,300 |
| Central Avenue Corridor 4 Bedroom Homes for Rent | $3,400 | $3,400 | $3,400 |
Browse Homes for Rent in this Neighborhood
There are currently 13 rentals with your search options within a 1 mile radius of the Central Avenue Corridor Neighborhood of Phoenix, AZ.
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Central Avenue Corridor, Phoenix, AZ Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Midtown Flats | A1 | 1BR,1BA | $850 |
| Melrose3130 | S1 Classic | Studio,1BA | $884 |
| Urbana on 12th | Studio | Studio,1BA | $1,021 |
| Mozaic at Steele Park | The Willow | 1BR,1BA | $1,080 |
| Melrose Flats | One Bedroom/One Bathroom | 1BR,1BA | $1,100 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Phoenix Apartments on 6th Avenue | B1 | 2BR,2BA | $1.74 |
| U @ Melrose Apartments | 2 Bedroom, 1 Bath | 2BR,1BA | $1.54 |
| 60 at Melrose | 2 bed 2 bath | 2BR,2BA | $1.51 |
| The Hawthorne | The Roosevelt | 1BR,1BA | $1.74 |
| The Heritage Apartment Homes | 1B | 1BR,1BA | $1.85 |
| Urbana at 11th | Two Bed One Bath | 2BR,1BA | $1.53 |
| Aura at Midtown | 1x1 714sq Classic | 1BR,1BA | $1.65 |
| Mozaic at Steele Park | The Willow | 1BR,1BA | $1.66 |
| The Wexler Apartments | 1x1 D | 1BR,1BA | $1.87 |
| Midtown Flats | A1 | 1BR,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.
Read ArticleDon'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.
Read ArticleExpert'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
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleCentral Avenue Corridor, Phoenix, AZ
Ranked #71
Among cities in Arizona for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Central Avenue Corridor
What type of rentals are currently available in Central Avenue Corridor?
There are currently 195 Apartments for Rent in Central Avenue Corridor, AZ with pricing that ranges from $725 to $5,725. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Avenue Corridor ranging from $895 to $3,500.
What is the current price range for Rental Homes in Central Avenue Corridor?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Central Avenue Corridor ranges from $895 to $3,500 with an average monthly rent of $2,203.
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

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).

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

A Phoenix Experts Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon
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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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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.
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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.