Cheap Homes for Rent in Central City South Neighborhood of Phoenix, AZ from $700 (22 Rentals)

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

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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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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Central City South, Phoenix, AZ Local Guide

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 Marquee priced from $670. McCarty on Monroe has the second lowest priced unit, which is a 1 Bed apartment currently listed from $717. Here are the most affordable Central City South apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
MarqueeOne Bedroom 559 Sq Ft A1BR,1BA$670
McCarty on Monroe1 Bedroom (A)1BR,1BA$717
Victory Place I-IVStudioStudio,1BA$720
Ascent on BroadwayStudioStudio,1BA$720
Roosevelt PointD24BR,4BA$750

Best Value Apartments for Rent in Central City South, AZ

As of May 23, 2025 the best value apartment in the Central City South area is the $1.77 price per square foot 3 Bedroom/3.5 Bathrooms Model at 8th and Row Townhomes in the in the South Phoenix neighborhood starting from $2,795. The second greatest value Central City South apartment is the Village Model at The Met at 3rd and Fillmore starting at $2,347 with a $1.97 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 ListingModel NameBed/BathPrice Per Sq.Ft.
8th and Row Townhomes3 Bedroom/3.5 Bathrooms3BR,3.5BA$1.77
The Met at 3rd and FillmoreVillage2BR,2BA$1.97
Willetta ApartmentsApollo2BR,1BA$1.60
Matthew Henson ApartmentsOne Bedroom Garden1BR,1BA$1.55
ReNue Downtown ApartmentsThe Arena1BR,1BA$1.87
McCarty on Monroe1 Bedroom (A)1BR,1BA$1.04
Dahlia VillageOne Bedroom1BR,1BA$1.51
MarqueeOne Bedroom 559 Sq Ft A1BR,1BA$1.04
Victory Place I-IVStudioStudio ,1BA$1.50
Ascent on BroadwayStudioStudio ,1BA$1.76

Quick Rent Budget Calculator

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Frequently Asked Questions about Central City South

What type of rentals are currently available in Central City South?

There are currently 394 Apartments for Rent in Central City South, AZ with pricing that ranges from $670 to $9,997. There are also 80 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central City South ranging from $799 to $4,500.

What is the current price range for Rental Homes in Central City South?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Central City South ranges from $799 to $4,500 with an average monthly rent of $1,915.

How much are larger Three and Four Bedroom Rentals in Central City South?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Central City South range from $850 to $9,997, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,599 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,999 and Four Bedroom Apartments start at $750.

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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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.