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$720 - $1,155Studio to 1 Bedroom Apartments Available Now
Victory Place I-IV
850 E Jones AvePhoenix, AZ 85040
Cheap Apartments for Rent in the Central City South Neighborhood of Phoenix, AZ from $500 (100 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central City South area of Phoenix.
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$720 - $1,604Studio to 3 Bedroom Apartments Contact Us For Availability
Ascent on Broadway
316 W Broadway RdPhoenix, AZ 85041
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Rent Specials
$731 - $3,461
Total Monthly Price
Studio to 4 Bedroom Apartments Available NowTotal Monthly Price
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$670 - $3,400
Required Monthly Fees
$61
Total Monthly Price
$731 - $3,461
Adara
888 N 4th StPhoenix, AZ 85004
909 E Roosevelt St
PhoenixAZ85006
1214 W Roosevelt St
PhoenixAZ85007
322 N 17th Dr
PhoenixAZ85007
328 N 11th Pl
PhoenixAZ85006
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$849 - $1,225Studio to 1 Bedroom Apartments Available Feb 22
The Continental
1030 N 3rd StPhoenix, AZ 85004
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$8501 Bedroom Apartment Available Now
1209 E Adams St, Unit 2
1209 E Adams StPhoenix, AZ 85034
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Rent Specials
$895 - $1,395Studio to 1 Bedroom Apartments Available Now
16th Ave Apartments
201-209 N 16th AvePhoenix, AZ 85007
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.
121 N 12th Ave
PhoenixAZ85007
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Rent Specials
$899 - $3,471
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$849 - $3,421
Required Monthly Fees
$50
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$899 - $3,471
X Phoenix
200 W Monroe StPhoenix, AZ 85003
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Rent Specials
$949 - $3,311
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$370 - $2,732
Required Monthly Fees
$579
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$949 - $3,311
Derby
800 N 2nd StPhoenix, AZ 85004
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$950Studio Apartments Available Now
925 E McKinley St
925 E McKinley StPhoenix, AZ 85006
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$963 - $1,4101 to 2 Bedroom Apartments Available Now
Ambassador West Apartments
345 N 5th AvePhoenix, AZ 85003
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$978 - $1,976Studio to 1 Bedroom Apartments Available Now
VB on 12th
220 N 12th StPhoenix, AZ 85034
1606 W Taylor St
PhoenixAZ85007
209 N 16th Ave
PhoenixAZ85007
1226 W Roosevelt St
PhoenixAZ85007
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$999 - $1,4001 Bedroom Apartments Available Now
TerraceVue
622 N 9th AvePhoenix, AZ 85007
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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$999 - $1,2001 Bedroom Apartments Available Now
Carol Mary
501 E Willetta StPhoenix, AZ 85004
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$1,0001 Bedroom Apartments Available Now
62 W Culver St
62 W Culver StPhoenix, AZ 85003
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$1,0001 Bedroom Apartment Available Now
425 N 20th Ave, Unit 425
425 N 20th AvePhoenix, AZ 85009
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$1,0251 Bedroom Apartments Available Now
1022 S Montezuma Ave
1022 S Montezuma AvePhoenix, AZ 85003
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$1,0501 Bedroom Apartments Available Feb 20
2205 W Adams St
2205 W Adams StPhoenix, AZ 85009
841 N 6th Ave
PhoenixAZ85003
502 North 11th St
PhoenixAZ85006
622 N 9th Ave
PhoenixAZ85007
737 S 2nd St
PhoenixAZ85004
821 N 3rd St
PhoenixAZ85004
New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options
Find the Best Phoenix Neighborhoods to Rent and Essential Tips on Getting Around Town, the City's Unique History, Must-try Local Food, and the Outdoor Culture.
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$1,100
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1 Bedroom Apartment Available NowTotal Monthly Price
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$1,100
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$1,100
713 W Pima St, Unit Unit 2
713 W Pima StPhoenix, AZ 85007
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$1,150 - $2,000
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,150 - $2,000
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$1,150 - $2,000
Sora
355 N Central AvePhoenix, AZ 85004
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$1,199 - $2,072Studio to 3 Bedroom Apartments Available Now
ReNue Downtown Apartments
1350 W Van Buren StPhoenix, AZ 85007
4301 S 7th Ave
PhoenixAZ85041
1501 E Roosevelt St
PhoenixAZ85006
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Rent Specials
$1,238 - $2,659
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,099 - $2,520
Required Monthly Fees
$139
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$1,238 - $2,659
Mason Oliver
11 S 12th StPhoenix, AZ 85034
1537 W Pierce St
PhoenixAZ85007
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$1,250
Total Monthly Price
2 Bedroom Apartment Available NowTotal Monthly Price
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$1,250
Total Monthly Price
$1,250
915 S 7th Ave, Unit Unit 2
915 S 7th AvePhoenix, AZ 85007
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$1,2501 Bedroom Apartment Available Now
312 W Lynwood St, Unit 2
312 W Lynwood StPhoenix, AZ 85003
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Rent Specials
$1,271 - $2,795
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,151 - $2,675
Required Monthly Fees
$120
Total Monthly Price
$1,271 - $2,795
Ragsdale
1140 E Washington StPhoenix, AZ 85034
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.
1435 E Taylor St
PhoenixAZ85006
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$1,286 - $4,287
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,249 - $4,250
Required Monthly Fees
$37
Total Monthly Price
$1,286 - $4,287
The Stewart
800 N Central AvePhoenix, AZ 85003
1457 E Taylor St
PhoenixAZ85006
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$1,3001 to 2 Bedroom Apartments Available Now
Portland Apartments
716-722 E Portland StPhoenix, AZ 85006
438 N 17th Ave
PhoenixAZ85007
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$1,300 - $3,015
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,241 - $2,956
Required Monthly Fees
$59
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$1,300 - $3,015
Portrait at Hance Park
1313 N 2nd StPhoenix, AZ 85004
1626 W Taylor St
PhoenixAZ85007
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Rent Specials
$1,315 - $2,720
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,278 - $2,683
Required Monthly Fees
$37
Total Monthly Price
$1,315 - $2,720
The Battery
411 S 3rd StPhoenix, AZ 85004
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$1,334 - $2,631Studio to 2 Bedroom Apartments Available Now
Circa Central Avenue
1505 N Central AvePhoenix, AZ 85004
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Rent Specials
$1,360 - $6,532
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,322 - $6,494
Required Monthly Fees
$38
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$1,360 - $6,532
44 Monroe
44 W Monroe StPhoenix, AZ 85003
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Central City South, Phoenix, AZ Local Guide
How much does it cost to rent an apartment in Central City South?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central City South Studio Apartments | $1,601 | $720 | $4,063 |
| Central City South 1 Bedroom Apartments | $2,058 | $771 | $6,487 |
| Central City South 2 Bedroom Apartments | $2,876 | $895 | $8,503 |
| Central City South 3 Bedroom Apartments | $3,223 | $1,069 | $10,000+ |
| Central City South 4 Bedroom Apartments | $1,492 | $942 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 100 rentals with your search options within a 2 mile radius of the Central City South Neighborhood of Phoenix, AZ.
See all Apartments in PhoenixExplore Phoenix
Central City South, Phoenix, AZ Local Guide
- Nearby Phoenix neighborhoods
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Cheapest Available Central City South Apartments for Rent
The cheapest available apartment rental in the Central City South area of Phoenix, AZ is a 1 Bed unit found at McCarty on Monroe priced from $717. Victory Place I-IV has the second lowest priced unit, which is a Studio apartment currently listed from $720. Here are the most affordable Central City South apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| McCarty on Monroe | 1 Bedroom (A) | 1BR,1BA | $717 |
| Victory Place I-IV | Studio | Studio,1BA | $720 |
| Adara | Co-living 4B | Studio,1BA | $731 |
| Reflections On Portland | One Bedroom | 1BR,1BA | $749 |
| 16th Ave Apartments | Studio/1 Bath | Studio,1BA | $895 |
| X Phoenix | COLIVING Suites in 4 BR/4BA | Studio,1BA | $899 |
| Derby | S1 | Studio,1BA | $949 |
| Ambassador West Apartments | One Bedroom | 1BR,1BA | $963 |
| Carol Mary | One Bedroom | 1BR,1BA | $999 |
Best Value Apartments for Rent in Central City South, AZ
As of February 12, 2026 the best value apartment in the Central City South area is the $1.64 price per square foot 3 Bedroom/3.5 Bathrooms Model at 8th and Row Townhomes in the in the South Phoenix neighborhood starting from $2,595. The second greatest value Central City South apartment is the Three Bedroom Model at Dahlia Village starting at $1,666 with a $1.44 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for Central City South apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 8th and Row Townhomes | 3 Bedroom/3.5 Bathrooms | 3BR,3.5BA | $1.64 |
| Dahlia Village | Three Bedroom | 3BR,2BA | $1.44 |
| 62 W Culver St | One bed | 1BR,1BA | $1.00 |
| Matthew Henson Apartments | Two Bedroom Garden | 2BR,1BA | $1.47 |
| McCarty on Monroe | 1 Bedroom (B) | 1BR,1BA | $1.37 |
| Linear Apartment Homes | 1x1 - ROOSEVELT | 1BR,1BA | $1.89 |
| ReNue Downtown Apartments | A - The Arena | 1BR,1BA | $1.74 |
| 425 N 20th Ave, Unit 425 | 425 N 20th Ave | 1BR,1BA | $1.60 |
| 713 W Pima St, Unit Unit 2 | 713 W Pima St | 1BR,1BA | $1.83 |
| Victory Place I-IV | Studio | Studio ,1BA | $1.50 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 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.
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Pet Friendly LifestyleCentral City South, Phoenix, AZ
Ranked #19
Among cities in Arizona for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Central City South, Phoenix, AZ
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in metropolitan areas across the United States and customized analysis for Central Phoenix. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, transit availability, pet-friendly communities, family-friendliness, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Central City South Apartments
What is a cheap apartment in Central City South?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Central City South is under $999.
What is the price of a cheap apartment in Central City South?
The cheapest apartment in Central City South is McCarty on Monroe which is listed at $717, while the average apartment in Central City South costs $2,649.
What types of apartments are the cheapest in Central City South?
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 1,171 regular apartments in Central City South 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 City South?
Cheap apartments in Central City South have an average cost of $1,539 which is $1,110 cheaper than the average rent for all rentals in Central City South.
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
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.
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.
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
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
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.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.