Cheap Homes for Rent in Central Avenue Corridor Neighborhood of Phoenix, AZ from $700 (13 Rentals)

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

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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property at 3993 N 3rd Ave

3993 N 3rd Ave

PhoenixAZ85013
property at 200 E Thomas Rd

200 E Thomas Rd

PhoenixAZ85012

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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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 The Studio on 12th Street priced from $799. Melrose3130 has the second lowest priced unit, which is a Studio apartment currently listed from $899. Here are the most affordable Central Avenue Corridor apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
The Studio on 12th StreetstudiosStudio,1BA$799
Melrose3130S1 ClassicStudio,1BA$899
Ellis MidtownStudioStudio,1BA$981
Aura at Midtown1x1 714sf Partial1BR,1BA$999
Midtown FlatsA11BR,1BA$1,099

Best Value Apartments for Rent in Central Avenue Corridor, AZ

As of June 22, 2025 the best value apartment in the Central Avenue Corridor area is the $1.53 price per square foot 69 E Columbus Ave Model at 69 E Columbus Ave, Unit 2 in the in the Encanto neighborhood starting from $2,300. The second greatest value Central Avenue Corridor apartment is the 350 E Virginia Cir Model at 350 E Virginia Cir, Unit 350 starting at $1,950 with a $1.86 price per square foot in the South 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.
69 E Columbus Ave, Unit 269 E Columbus Ave3BR,2BA$1.53
350 E Virginia Cir, Unit 350350 E Virginia Cir2BR,1BA$1.86
340 E Virginia Cir, Unit 340340 E Virginia Cir2BR,1BA$1.77
Large 2 bedroom units central Phoenix2x1 B1 R2BR,1BA$1.43
Aura at Midtown2x1.5 897sf Reno2BR,2BA$1.41
The LexConcord1BR,1BA$1.88
60 at Melrose2 bed 2 bath2BR,2BA$1.50
Urbana at 11thTwo Bed One Bath2BR,1BA$1.67
The Heritage Apartment Homes1A1BR,1BA$1.61
Curve at MelroseA31BR,1BA$1.88

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Frequently Asked Questions about Central Avenue Corridor

What type of rentals are currently available in Central Avenue Corridor?

There are currently 201 Apartments for Rent in Central Avenue Corridor, AZ with pricing that ranges from $775 to $12,000. There are also 58 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Avenue Corridor ranging from $745 to $11,000.

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 $745 to $11,000 with an average monthly rent of $3,441.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.