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

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 328 N 11th Pl

328 N 11th Pl

PhoenixAZ85006

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
Ascent on BroadwayStudioStudio,1BA$720
AdaraD24BR,4BA$824
16th Ave ApartmentsStudio/1 BathStudio,1BA$895

Best Value Apartments for Rent in Central City South, AZ

As of September 12, 2025 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 Two Bedroom Model at Dahlia Village starting at $1,442 with a $1.59 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
Dahlia VillageTwo Bedroom2BR,2BA$1.59
Matthew Henson ApartmentsTwo Bedroom Garden2BR,1BA$1.51
Union at RooseveltOne Bedroom1BR,1BA$1.89
Roosevelt SquareStudio A2Studio ,1BA$1.79
ReNue Downtown ApartmentsA - The Arena - 601BR,1BA$1.73
McCarty on Monroe1 Bedroom (A)1BR,1BA$1.04
713 W Pima St, Unit Unit 2713 W Pima St1BR,1BA$1.83
Victory Place I-IVStudioStudio ,1BA$1.50
Ascent on BroadwayStudioStudio ,1BA$1.76

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Central City South, Phoenix, AZ

Ranked #19

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Central City South

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

There are currently 388 Apartments for Rent in Central City South, AZ with pricing that ranges from $670 to $10,218. There are also 142 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central City South ranging from $799 to $3,259.

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 $3,259 with an average monthly rent of $1,829.

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 $879 to $9,980, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $2,999. Four Bedroom Single-Family rentals are also available starting from $1,925 and Four Bedroom Apartments start at $824.

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.

decorative image for A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ article

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).

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.