
Cheap Homes for Rent in the Central City South Neighborhood of Phoenix, AZ from $700 (40 Rentals)
Search the lowest-cost Homes available for rent right now in the Central City South area of Phoenix.


1324 E Taylor St

1429 E Fillmore St

322 N 13th St

322 N 13th St

1102 E Polk St

1153 E Taylor St

425 N 17th Dr
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.

739 E Pierce St

513 W Pima St

1438 E Adams St

322 N 13th St

1201 E Moreland St

1513 W Taylor St

2032 W Adams St

1342 W Monroe 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.

1116 E Portland St

1346 E Willetta St

1021 E McKinley St

412 North 11th St

1530 E Diamond St

1736 W Sherman St

1421 E Fillmore St

1117 N 13th St
Cash 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.

325 N 17th Dr

719 N 12th Ave

528 W Culver St

1118 E Roosevelt St, Unit 1

1325 W Woodland Ave

1429 S 15th Ave

1130 N 2nd St

1019 S 4th Ave
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.

1016 E McKinley St, Unit 1016

1030 E Polk St

1122 E McKinley St

1538 E Pierce St

831 N 10th St

322 N 12th St

100 E Fillmore St

1124 N 14th St
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.
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 | $1,918 | $899 | $3,750 |
| Central City South 3 Bedroom Homes for Rent | $2,344 | $1,495 | $3,600 |
| Central City South 4 Bedroom Homes for Rent | $2,460 | $1,990 | $3,000 |
| Central City South 5 Bedroom Homes for Rent | $999 | $999 | $999 |
Browse Homes for Rent in this Neighborhood
There are currently 40 rentals with your search options within a 2 mile radius of the Central City South Neighborhood of Phoenix, AZ.
Explore Phoenix
Central City South, Phoenix, AZ Local Guide
- Nearby Phoenix neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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.
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 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.
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 #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
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 402 Apartments for Rent in Central City South, AZ with pricing that ranges from $507 to $8,455. There are also 85 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central City South ranging from $799 to $3,750.
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 $3,750 with an average monthly rent of $1,743.
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 $985 to $7,048, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $3,600. Four Bedroom Single-Family rentals are also available starting from $1,990 and Four Bedroom Apartments start at $970.
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 Expert's 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).

Expert's 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 Expert's 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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.