
Cheap Homes for Rent in Central City South Neighborhood of Phoenix, AZ from $700 (25 Rentals)
Search the lowest-cost Homes available for rent right now in the Central City South area of Phoenix.


1153 E Taylor St

1502 E Adams St

322 N 13th St

1005 E Moreland St

1122 E Fillmore St
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.

425 N 17th Dr

322 N 13th St

1201 E Moreland St

1438 E Adams St

222 E Southgate Ave

1402 E McKinley St
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.

1437 E Diamond St

318 N 12th St

1130 N 2nd St, Unit 215

1021 E McKinley St

645 N 5th Ave

1435 E Taylor St, Unit 308
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.

328 N 12th St

845 N 9th Ave

1027 E McKinley St

325 N 17th Dr

317 N 17th Dr, Unit 6

1331 W Monroe St
From Scottsdale to Peoria: Your Renter’s Guide to Phoenix's Best Cities
Looking to rent in the Phoenix area, but outside of the core? This guide covers top cities in the metroplex like Gilbert and Chandler, highlighting key differences in cost of living, commute, and community feel.

1230 E Pierce St
Central City South, Phoenix, AZ Local Guide

How much does it cost to rent a home in Central City South?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central City South 2 Bedroom Homes for Rent | $2,112 | $1,194 | $3,750 |
| Central City South 3 Bedroom Homes for Rent | $2,520 | $2,000 | $3,500 |
| Central City South 4 Bedroom Homes for Rent | $2,850 | $2,350 | $3,600 |
| Central City South 5 Bedroom Homes for Rent | $3,898 | $999 | $6,500 |
Browse Homes for Rent in this Neighborhood
There are currently 25 rentals with your search options within a 2 mile radius of the Central City South Neighborhood of Phoenix, AZ.
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Central City South, Phoenix, AZ Local Guide
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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. 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 |
|---|---|---|---|
| Garfield Terrace | Garfield Terrace One Bedroom | 1BR,1BA | $507 |
| Victory Place I-IV | Studio | Studio,1BA | $720 |
| Adara | Co-living 4B | Studio,1BA | $731 |
| 829 N 4th Ave | Studio, 1 bath | Studio,1BA | $775 |
| The Continental | Studio | Studio,1BA | $849 |
Best Value Apartments for Rent in Central City South, AZ
As of April 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 3 BED 2.5 BATH Model at Woodgate Townhomes starting at $1,950 with a $1.30 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 |
| Woodgate Townhomes | 3 BED 2.5 BATH | 3BR,2.5BA | $1.30 |
| 1222 E Diamond St, Unit 2 | 1222 E Diamond St | 2BR,1.5BA | $1.74 |
| Matthew Henson Apartments | 2 Bedroom Townhouse | 2BR,1.5BA | $1.35 |
| McCarty on Monroe | 1 Bedroom (B) | 1BR,1BA | $1.37 |
| Roosevelt Commons | 2x1BH | 2BR,1BA | $1.48 |
| ReNue Downtown Apartments | A - The Arena | 1BR,1BA | $1.70 |
| Garfield Terrace | Garfield Terrace One Bedroom | 1BR,1BA | $0.78 |
| Portland Apartments | One Bedroom | 1BR,1BA | $1.77 |
| Victory Place I-IV | Studio | Studio ,1BA | $1.50 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleA 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 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.
Pet Friendly LifestyleCentral City South, Phoenix, AZ
Ranked #18
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
School data provided by Great Schools
Frequently Asked Questions about Central City South
What type of rentals are currently available in Central City South?
There are currently 400 Apartments for Rent in Central City South, AZ with pricing that ranges from $649 to $20,910. There are also 131 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central City South ranging from $795 to $6,500.
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 $795 to $6,500 with an average monthly rent of $2,370.
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 $1,108 to $11,672, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,350 and Four Bedroom Apartments start at $945.
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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.