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Cheap Apartments for Rent in the Central City Neighborhood of Phoenix, AZ from $600 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central City area of Phoenix.
1845 E Monroe St
PhoenixAZ85034
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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.
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1529 E McKinley St
PhoenixAZ85006
1429 E Fillmore St
PhoenixAZ85006
1153 E Taylor St
PhoenixAZ85006
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1502 E Adams St
PhoenixAZ85034
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1501 E Monroe St
PhoenixAZ85034
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.
1505 E Monroe St
PhoenixAZ85034
1634 E Monroe St
PhoenixAZ85034
1102 E Polk St
PhoenixAZ85006
1324 E Taylor St
PhoenixAZ85006
1122 E Fillmore St
PhoenixAZ85006
329 North 11th St
PhoenixAZ85006
349 North 11th St
PhoenixAZ85006
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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Showing Results 1-20, Page 1 of 1
Central City, Phoenix, AZ Local Guide
How much does it cost to rent an apartment in Central City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central City Studio Apartments | $1,282 | $971 | $1,547 |
| Central City 1 Bedroom Apartments | $1,386 | $650 | $3,600 |
| Central City 2 Bedroom Apartments | $1,801 | $850 | $2,225 |
| Central City 3 Bedroom Apartments | $2,232 | $1,745 | $2,900 |
Browse Apartments in this Neighborhood
There are currently 20 rentals with your search options within a 1 mile radius of the Central City Neighborhood of Phoenix, AZ.
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Cheapest Available Central City Apartments for Rent
The cheapest available apartment rental in the Central City area of Phoenix, AZ is a 1 Bed unit found at McCarty on Monroe priced from $717. VB on 12th has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,017. Here are the most affordable Central City apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| McCarty on Monroe | 1 Bedroom (A) | 1BR,1BA | $717 |
| VB on 12th | B1 - 1 Bedroom 1 Bathroom | 1BR,1BA | $1,017 |
| Mason Oliver | E1 | Studio,1BA | $1,325 |
| Agave Court | 1x1 | 1BR,1BA | $1,367 |
| 1933 E Monroe St | Studio | 1BR,1BA | $1,450 |
Best Value Apartments for Rent in Central City, AZ
As of July 24, 2025 the best value apartment in the Central City area is the $1.04 price per square foot 1 Bedroom (A) Model at McCarty on Monroe in the in the Central City neighborhood starting from $717. The second greatest value Central City apartment is the 1x1 Model at Agave Court starting at $1,367 with a $2.03 price per square foot in the Central City neighborhood. Here is today’s list of the best values for Central City apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| McCarty on Monroe | 1 Bedroom (A) | 1BR,1BA | $1.04 |
| Agave Court | 1x1 | 1BR,1BA | $2.03 |
| Mason Oliver | E1 | Studio ,1BA | $2.15 |
| 1459 E Taylor St, Unit 1 | 1459 E Taylor St | 2BR,1BA | $2.50 |
| 1933 E Monroe St | Studio | 1BR,1BA | $2.90 |
| 1918 E Adams St, Unit 4 | 1918 E Adams St | 1BR,1BA | $1.77 |
| VB on 12th | A1 - Studio | Studio ,1BA | $3.20 |
Getting Around the Central City Neighborhood in Phoenix, AZ
Walk Score®
52 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
65 / 100
Bikeable
Some bike infrastructure
Transit Score®
54 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Central City Apartments
What is the Cheapest Studio apartment in Central City?
Currently the most affordable Cheap Studio Apartment in Central City is at VB on 12th listed at $1,028.
How much is rent for a Cheap One Bedroom Central City Apartment?
The lowest price for a Cheap One Bedroom Central City Apartment is $717 at McCarty on Monroe.
What is the lowest price for a Cheap Two Bedroom Central City Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Central City is starting from $1,630 at Agave Court.
What is the most affordable Central City Three Bedroom Apartment?
The best deal on a cheap Central City Three Bedroom Apartment rental is at Mason Oliver and starts from $2,335.
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.
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).
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
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.