Cheap Homes for Rent in Central City South Neighborhood of Phoenix, AZ from $700 (18 Rentals)

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

property at 1108 E Portland St

$745

Total Monthly Price

Total Monthly Price

Base Rent
$745

Total Monthly Price
$745

1 Bedroom, 1 Bath Home for Rent

Available Now

1108 E Portland St

PhoenixAZ85006
property at 2032 W Adams St

$899 - $1,000

1 To 2 Bedroom Rentals

Available Now

2032 W Adams St

PhoenixAZ85009

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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.

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property at 129 N 11th Ave

$1,250 - $1,295

1 Bedroom Rentals

Available Now

129 N 11th Ave

PhoenixAZ85007

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.

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 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 ListingModel NameBed/BathPriced From
McCarty on Monroe1 Bedroom (A)1BR,1BA$717
Victory Place I-IVStudioStudio,1BA$720
AdaraCo-living 4BStudio,1BA$731
Reflections On PortlandOne Bedroom1BR,1BA$749
Ambassador West ApartmentsOne Bedroom1BR,1BA$799

Best Value Apartments for Rent in Central City South, AZ

As of February 25, 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 $2,145 with a $1.43 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$1.64
Woodgate Townhomes3 BED 2.5 BATH3BR,2.5BA$1.43
Dahlia VillageThree Bedroom3BR,2BA$1.44
62 W Culver StOne bed1BR,1BA$1.00
1534 W Pierce St, Unit Apt 11534 W Pierce St2BR,1BA$1.72
Matthew Henson ApartmentsOne Bedroom Garden1BR,1BA$1.55
McCarty on Monroe1 Bedroom (A)1BR,1BA$1.04
Carol MaryOne Bedroom1BR,1BA$1.71
Ambassador West ApartmentsOne Bedroom1BR,1BA$1.66
Victory Place I-IVStudioStudio ,1BA$1.50

A Phoenix Expert's Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Expert'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

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Pet Friendly Lifestyle
Central City South, Phoenix, AZ

Ranked #18

Among cities in Arizona for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 408 Apartments for Rent in Central City South, AZ with pricing that ranges from $720 to $11,318. There are also 134 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central City South ranging from $745 to $6,950.

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 $745 to $6,950 with an average monthly rent of $2,523.

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 $1,069 to $10,114, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,395 to $4,495. Four Bedroom Single-Family rentals are also available starting from $1,875 and Four Bedroom Apartments start at $942.

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

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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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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.

decorative image for A Phoenix Experts Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon article

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.

decorative image for New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options article

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

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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.

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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.

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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.

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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.