
Cheap Apartments for Rent in the Central City Neighborhood of Phoenix, AZ from $600 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central City area of Phoenix.


322 N 13th St

1241 E McKinley St

VB on 12th
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2234 E Polk St

2142 E Taylor St

Streamliner 16th

Mason Oliver

502 North 11th St
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1502 E Adams St

1153 E Taylor St

1505 E Monroe St

1634 E Monroe St
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1501 E Monroe St

329 North 11th St

349 North 11th St

1122 E Fillmore St
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328 N 11th Pl
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 | $1,589 | $849 | $2,095 |
| Central City 1 Bedroom Apartments | $1,783 | $675 | $2,295 |
| Central City 2 Bedroom Apartments | $2,503 | $995 | $2,945 |
| Central City 3 Bedroom Apartments | $2,021 | $1,600 | $2,847 |
Browse Apartments in this Neighborhood
There are currently 27 rentals with your search options within a 1 mile radius of the Central City Neighborhood of Phoenix, AZ.
See all Apartments in PhoenixExplore Phoenix
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 $912. 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 | $912 |
| Streamliner 16th | Studio | Studio,1BA | $999 |
| Mason Oliver | Studio1 | Studio,1BA | $1,073 |
| Agave Court | 2x2 | 2BR,2BA | $1,399 |
Best Value Apartments for Rent in Central City, AZ
As of October 29, 2025 the best value apartment in the Central City area is the $2.11 price per square foot B4 Model at Mason Oliver in the in the Central City neighborhood starting from $2,633. The second greatest value Central City apartment is the 2x2 Model at Agave Court starting at $1,399 with a $1.50 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. |
|---|---|---|---|
| Mason Oliver | B4 | 2BR,2BA | $2.11 |
| Agave Court | 2x2 | 2BR,2BA | $1.50 |
| McCarty on Monroe | 1 Bedroom (A) | 1BR,1BA | $1.04 |
| 1018 E Polk St, Unit 1 | 1018 E Polk St | 1BR,1BA | $2.17 |
| 1918 E Adams St, Unit 4 | 1918 E Adams St | 1BR,1BA | $1.45 |
| 1209 E Adams St, Unit 2 | 1209 E Adams St | 1BR,1BA | $2.03 |
| Streamliner 16th | Studio | Studio ,1BA | $2.32 |
| VB on 12th | A4 - Studio | Studio ,1BA | $2.65 |
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 the Cheapest Studio apartment in Central City?
Currently the most affordable Cheap Studio Apartment in Central City is at VB on 12th listed at $954.
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 $1,399 at Agave Court.
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).

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
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Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
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