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$507 - $1,138Studio to 1 Bedroom Apartments Available Now
Garfield Terrace
1510 E Portland StPhoenix, AZ 85006
Cheap Apartments for Rent in the Central City South Neighborhood of Phoenix, AZ from $500 (148 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central City South area of Phoenix.
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$692 - $3,162
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Studio to 4 Bedroom Apartments Available NowTotal Monthly Price
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$692 - $3,162
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Adara
888 N 4th StPhoenix, AZ 85004
1216 W Roosevelt St
PhoenixAZ85007
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$720 - $1,155Studio to 1 Bedroom Apartments Available Now
Victory Place I-IV
850 E Jones AvePhoenix, AZ 85040
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$775 - $1,050Studio to 1 Bedroom Apartments Available Now
829 N 4th Ave
829 N 4th AvePhoenix, AZ 85003
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$7991 to 2 Bedroom Apartments Available Jul 31
Ambassador West Apartments
345 N 5th AvePhoenix, AZ 85003
322 N 13th St
PhoenixAZ85006
322 N 13th St
PhoenixAZ85006
1145-1147 W Fillmore St
PhoenixAZ85007
328 N 11th Pl
PhoenixAZ85006
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.
209 N 16th Ave
PhoenixAZ85007
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$825 - $950Studio Apartments Available Now
16th Ave Apartments
201-209 N 16th AvePhoenix, AZ 85007
1229 W Pierce St
PhoenixAZ85007
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$849 - $1,4001 Bedroom Apartments Available Now
TerraceVue
622 N 9th AvePhoenix, AZ 85007
1507 N 15th Ave
PhoenixAZ85007
1509 N 15th Ave
PhoenixAZ85007
2033 W Madison St
PhoenixAZ85009
2133 W Adams St
PhoenixAZ85009
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$900 - $1,100
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1 Bedroom Apartment Available NowTotal Monthly Price
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$900 - $1,100
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$900 - $1,100
713 W Pima St
713 W Pima StPhoenix, AZ 85007
1819 W Willetta St
PhoenixAZ85007
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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1522 W Polk St
PhoenixAZ85007
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$961 - $3,467
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$961 - $3,467
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Mason Oliver
11 S 12th StPhoenix, AZ 85034
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$985 - $1,628
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$985 - $1,628
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sora
355 N Central AvePhoenix, AZ 85004
322 N 13th St
PhoenixAZ85006
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$999 - $1,2251 Bedroom Apartments Available Now
Carol Mary
501 E Willetta StPhoenix, AZ 85004
1626 W Taylor St
PhoenixAZ85007
1201 E Moreland St
PhoenixAZ85006
1229 S 13th Ave
PhoenixAZ85007
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$1,051 - $1,876Studio to 1 Bedroom Apartments Available Now
VB on 12th
220 N 12th StPhoenix, AZ 85034
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$1,075 - $1,100Studio to 1 Bedroom Apartments Available Aug 1
The Continental
1030 N 3rd StPhoenix, AZ 85004
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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1709 W Sherman St
PhoenixAZ85007
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$1,099 - $5,510
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$1,099 - $5,510
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Derby
800 N 2nd StPhoenix, AZ 85004
821 North 3rd St
PhoenixAZ85004
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$1,120 - $2,648Studio to 2 Bedroom Apartments Available Now
X Phoenix
200 W Monroe StPhoenix, AZ 85003
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$1,161 - $1,7641 to 4 Bedroom Apartments Available Now
Salt River Flats
4000 S 14th StPhoenix, AZ 85040
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$1,164 - $3,510Studio to 2 Bedroom Apartments Available Now
Roosevelt Square
121 W Portland StPhoenix, AZ 85003
1309 W Taylor St
PhoenixAZ85007
712 W Taylor St
PhoenixAZ85007
129 N 11th Ave
PhoenixAZ85007
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$1,199
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1 Bedroom Apartment Available NowTotal Monthly Price
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$1,199
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$1,199
137 N 11th Ave, Unit A
137 N 11th 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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$1,201 - $2,328Studio to 3 Bedroom Apartments Available Now
ReNue Downtown Apartments
1350 W Van Buren StPhoenix, AZ 85007
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$1,206 - $4,302
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$1,206 - $4,302
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The Stewart
800 N Central AvePhoenix, AZ 85003
1501 E Roosevelt St
PhoenixAZ85006
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$1,260 - $3,215Studio to 3 Bedroom Apartments Available Now
Portrait at Hance Park
1313 N 2nd StPhoenix, AZ 85004
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$1,274 - $2,324
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$1,274 - $2,324
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Ragsdale
1150 E Washington StPhoenix, AZ 85034
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$1,288 - $5,065Studio to 2 Bedroom Apartments Available Now
Union at Roosevelt I and II
888 N 1st AvePhoenix, AZ 85003
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$1,2951 Bedroom Apartment Available Now
327 N 16th Ave, Unit Apt A
327 N 16th AvePhoenix, AZ 85007
1530 E Diamond St
PhoenixAZ85006
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$1,304 - $2,681Studio to 2 Bedroom Apartments Available Now
Circa Central Avenue
1505 N Central AvePhoenix, AZ 85004
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$1,338 - $3,428
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$1,338 - $3,428
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Konrad
901 E Van Buren StPhoenix, AZ 85006
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.
Showing Results 1-50, Page 1 of 3
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 | $1,463 | $692 | $3,297 |
| Central City South 1 Bedroom Apartments | $2,025 | $507 | $6,267 |
| Central City South 2 Bedroom Apartments | $2,903 | $899 | $8,455 |
| Central City South 3 Bedroom Apartments | $3,435 | $985 | $7,048 |
| Central City South 4 Bedroom Apartments | $1,523 | $970 | $3,162 |
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 148 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 Garfield Terrace priced from $507. Adara has the second lowest priced unit, which is a Studio apartment currently listed from $692. Here are the most affordable Central City South apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Garfield Terrace | Garfield Terrace One Bedroom | 1BR,1BA | $507 |
| Adara | Co-living 4A | Studio,1BA | $692 |
| Victory Place I-IV | Studio | Studio,1BA | $720 |
| 829 N 4th Ave | Studio, 1 bath | Studio,1BA | $775 |
| 16th Ave Apartments | Studio/1 Bath | Studio,1BA | $825 |
| TerraceVue | 1st Floor 1 Bedroom | 1BR,1BA | $895 |
| McCarty on Monroe | 1 Bedroom (C) | 1BR,1BA | $930 |
| Altura | S2 - Affordable | Studio,1BA | $949 |
| sora | The Retreat | 3BR,3BA | $985 |
Best Value Apartments for Rent in Central City South, AZ
As of July 12, 2026 the best value apartment in the Central City South area is the $1.20 price per square foot 3 BED 2.5 BATH Model at Woodgate Townhomes in the in the South Phoenix neighborhood starting from $1,795. The second greatest value Central City South apartment is the 2 Bedroom Model at 8th and Row Townhomes starting at $2,395 with a $1.72 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. |
|---|---|---|---|
| Woodgate Townhomes | 3 BED 2.5 BATH | 3BR,2.5BA | $1.20 |
| 8th and Row Townhomes | 2 Bedroom | 2BR,2.5BA | $1.72 |
| Matthew Henson Apartments | 2 Bedroom Townhouse | 2BR,1.5BA | $1.35 |
| McCarty on Monroe | 1 Bedroom (C) | 1BR,1BA | $0.99 |
| Mason Oliver | Studio3 | Studio ,1BA | $1.84 |
| Dahlia Village | One Bedroom | 1BR,1BA | $1.83 |
| Salt River Flats | 1 Bed Unit | 1BR,1BA | $1.77 |
| Garfield Terrace | Garfield Terrace One Bedroom | 1BR,1BA | $0.78 |
| 1301 W Monroe St | 0 Beds, 1 Baths | Studio ,1BA | $1.82 |
| 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 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.
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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 #20
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
Phoenix Union Bioscience High School
Phoenix Union High School District
Public School - Grades 9-12 (390)
10 out of 10
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 $985.
What is the price of a cheap apartment in Central City South?
The cheapest apartment in Central City South is Garfield Terrace which is listed at $507, while the average apartment in Central City South costs $3,835.
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 812 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 $1,323 which is $2,512 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.
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