1845 E Monroe St
PhoenixAZ85034
Cheap Apartments for Rent in the Central City Neighborhood of Phoenix, AZ from $600 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central City area of Phoenix.
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$7251 Bedroom Apartment Available Now
1918 E Adams St, Unit 4, Unit 4
1918 E Adams StPhoenix, AZ 85034
322 N 13th St
PhoenixAZ85006
322 N 13th St
PhoenixAZ85006
328 N 11th Pl
PhoenixAZ85006
322 N 13th St
PhoenixAZ85006
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Rent Specials
$1,013 - $1,859Studio to 1 Bedroom Apartments Available Now
VB on 12th
220 N 12th StPhoenix, AZ 85034
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.
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Rent Specials
$1,100 - $2,371
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,100 - $2,371
Total Monthly Price
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Mason Oliver
11 S 12th StPhoenix, AZ 85034
1228 E Apache St
PhoenixAZ85034
1224 E Apache St
PhoenixAZ85034
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Rent Specials
$1,299 - $1,8991 to 3 Bedroom Apartments Available Now
Agave Court
125 N 18th StPhoenix, AZ 85034
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1 to 2 Bedroom Apartments
Polk Terrace Apartments
338 N 23rd StPhoenix, AZ 85006
1437 E Polk St
PhoenixAZ85006
1502 E Adams St
PhoenixAZ85034
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.
1153 E Taylor St
PhoenixAZ85006
1429 E Fillmore St
PhoenixAZ85006
1324 E Taylor St
PhoenixAZ85006
1634 E Monroe St
PhoenixAZ85034
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Studio to 2 Bedroom Apartments
1846 E Washington
1846 E WashingtonPhoenix, AZ 85034
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Studio to 3 Bedroom Apartments
The Vue
402 N 10th StPhoenix, AZ 85006
1122 E Fillmore St
PhoenixAZ85006
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.
1530 E Pierce St
PhoenixAZ85006
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1 to 2 Bedroom Apartments
Lofts@10 Apartments
2247 E Van Buren StPhoenix, AZ 85006
1438 E Adams St
PhoenixAZ85034
318 N 12th St
PhoenixAZ85006
1021 E McKinley St
PhoenixAZ85006
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1 to 5 Bedroom Apartments
Harmony at the Park
1950 E Polk StPhoenix, AZ 85006
1421 E Fillmore St
PhoenixAZ85006
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.
Showing Results 1-28, 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 | $1,503 | $1,013 | $1,884 |
| Central City 1 Bedroom Apartments | $1,619 | $675 | $2,029 |
| Central City 2 Bedroom Apartments | $2,037 | $1,299 | $3,625 |
| Central City 3 Bedroom Apartments | $1,832 | $1,295 | $2,371 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 28 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 Studio unit found at Mason Oliver priced from $1,100. VB on 12th has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,142. Here are the most affordable Central City apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mason Oliver | Studio1 | Studio,1BA | $1,100 |
| VB on 12th | B1 - 1 Bedroom 1 Bathroom | 1BR,1BA | $1,142 |
| Agave Court | 2x2 | 2BR,2BA | $1,299 |
| Ragsdale | Studio A | Studio,1BA | $1,369 |
| Streamliner 16th | 1 Bedroom | 1BR,1BA | $1,409 |
| Konrad | 1x1 A2 | 1BR,1BA | $1,467 |
| The Tailor | 1 Bed 1 Bath | 1BR,1BA | $1,850 |
Best Value Apartments for Rent in Central City, AZ
As of May 20, 2026 the best value apartment in the Central City area is the $1.41 price per square foot 3x2 Model at Agave Court in the in the Central City neighborhood starting from $1,699. The second greatest value Central City apartment is the A1 Model at Mason Oliver starting at $1,657 with a $2.39 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. |
|---|---|---|---|
| Agave Court | 3x2 | 3BR,2BA | $1.41 |
| Mason Oliver | A1 | 1BR,1BA | $2.39 |
| Konrad | 1x1 A2 | 1BR,1BA | $2.38 |
| The Tailor | 1 Bed 1 Bath | 1BR,1BA | $3.08 |
| Streamliner 16th | 1 Bedroom | 1BR,1BA | $2.46 |
| Ragsdale | Studio A | Studio ,1BA | $2.63 |
| 1918 E Adams St, Unit 4 | 1918 E Adams St | 1BR,1BA | $1.45 |
| VB on 12th | B1 - 1 Bedroom 1 Bathroom | 1BR,1BA | $3.09 |
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 $1,850.
What is the price of a cheap apartment in Central City?
The cheapest apartment in Central City is VB on 12th which is listed at $1,142, while the average apartment in Central City costs $2,079.
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 193 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 $1,230 which is $849 cheaper than the average rent for all rentals in Central City.
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.
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