328 N 11th Pl
PhoenixAZ85006
Cheap Apartments for Rent in the Central City Neighborhood of Phoenix, AZ from $600 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central City area of Phoenix.
2238 E Polk St
PhoenixAZ85006
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Rent Specials
from $950Studio to 2 Bedroom Apartments Available Now
X Phoenix
200 W Monroe StPhoenix, AZ 85003
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Rent Specials
from $961Studio to 1 Bedroom Apartments Available Now
VB on 12th
220 N 12th StPhoenix, AZ 85034
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.
325 North 11th St
PhoenixAZ85006
2234 E Polk St
PhoenixAZ85006
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Rent Specials
from $1,210Studio to 3 Bedroom Apartments Available Now
Mason Oliver
11 S 12th StPhoenix, AZ 85034
1421 E Fillmore St
PhoenixAZ85006
1457 E Taylor St
PhoenixAZ85006
401 N 13th Pl
PhoenixAZ85006
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Rent Specials
from $1,395Studio to 2 Bedroom Apartments Available Now
AVE Phoenix Sky
601 N 3rd AvePhoenix, AZ 85003
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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1153 E Taylor St
PhoenixAZ85006
1429 E Fillmore St
PhoenixAZ85006
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1502 E Adams St
PhoenixAZ85034
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
1501 E Monroe St
PhoenixAZ85034
1505 E Monroe St
PhoenixAZ85034
1634 E Monroe St
PhoenixAZ85034
417 N 23rd St
PhoenixAZ85006
610 N 9th St
PhoenixAZ85006
1102 E Polk St
PhoenixAZ85006
1324 E Taylor St
PhoenixAZ85006
1122 E Fillmore St
PhoenixAZ85006
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Phoenix's Best Affordable Neighborhoods
Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett
739 E Pierce St
PhoenixAZ85006
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Showing Results 1-29, 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 | $1,520 | $950 | $2,168 |
| Central City 1 Bedroom Apartments | $2,048 | $800 | $3,600 |
| Central City 2 Bedroom Apartments | $2,858 | $1,045 | $4,350 |
| Central City 3 Bedroom Apartments | $2,965 | $1,385 | $5,050 |
Browse Apartments in this Neighborhood
There are currently 29 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. X Phoenix has the second lowest priced unit, which is a Studio apartment currently listed from $950. 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 |
| X Phoenix | COLIVING Suites in 4 BR/4BA | Studio,1BA | $950 |
| VB on 12th | A1 - Studio | Studio,1BA | $961 |
| Kenect Phoenix | Studio Furnished | Studio,1BA | $1,275 |
| Mason Oliver | A1 | 1BR,1BA | $1,395 |
| Agave Court | 1x1 | 1BR,1BA | $1,438 |
| PALMTower | 0 Bed/1 Bath | Studio,1BA | $1,449 |
| 1933 E Monroe St | Studio | 1BR,1BA | $1,450 |
| The Battery | A-1 | 1BR,1BA | $1,500 |
| Adeline Luxury Living | S3 | Studio,1BA | $1,745 |
Best Value Apartments for Rent in Central City, AZ
As of June 01, 2025 the best value apartment in the Central City area is the $2.89 price per square foot B6 Model at AVE Phoenix Sky in the in the Central City neighborhood starting from $4,185. The second greatest value Central City apartment is the B1.1 Model at Adeline Luxury Living starting at $3,881 with a $3.31 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. |
|---|---|---|---|
| AVE Phoenix Sky | B6 | 2BR,2BA | $2.89 |
| Adeline Luxury Living | B1.1 | 2BR,2.5BA | $3.31 |
| McCarty on Monroe | 1 Bedroom (A) | 1BR,1BA | $1.04 |
| Mason Oliver | A1 | 1BR,1BA | $2.02 |
| Agave Court | 1x1 | 1BR,1BA | $2.13 |
| The Battery | A-1 | 1BR,1BA | $2.49 |
| The Tailor | 1 Bed 1 Bath | 1BR,1BA | $3.08 |
| 1933 E Monroe St | Studio | 1BR,1BA | $2.90 |
| Kenect Phoenix | Studio Furnished | Studio ,1BA | $3.33 |
| VB on 12th | B1 - 1 Bedroom 1 Bathroom | 1BR,1BA | $3.08 |
Getting Around the Central City Neighborhood in Phoenix, AZ
Walk Score®
53 / 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 a cheap apartment in Central City?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Central City is under $1,745.
What is the price of a cheap apartment in Central City?
The cheapest apartment in Central City is McCarty on Monroe which is listed at $717, while the average apartment in Central City costs $3,042.
What types of apartments are the cheapest in Central City?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 39 regular apartments in Central City that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Central City?
Cheap apartments in Central City have an average cost of $300 which is $2,742 cheaper than the average rent for all rentals in Central City.
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).
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.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.