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$1,274 - $2,324
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,274 - $2,324
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Ragsdale
1150 E Washington StPhoenix, AZ 85034
Cheap Apartments for Rent in the Central City Neighborhood of Phoenix, AZ from $600 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central City area of Phoenix.
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$961 - $3,467
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$961 - $3,467
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Mason Oliver
11 S 12th StPhoenix, AZ 85034
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$1,051 - $1,876Studio to 1 Bedroom Apartments Available Now
VB on 12th
220 N 12th StPhoenix, AZ 85034
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$999 - $1,6991 to 3 Bedroom Apartments Available Now
Agave Court
125 N 18th StPhoenix, AZ 85034
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1 Bedroom Apartments
322 N 13th Pl
322 N 13th PlPhoenix, AZ 85006
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2 Bedroom Apartments
1521 E Fillmore St
1521 E Fillmore StPhoenix, AZ 85006
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Studio to 2 Bedroom Apartments
1026 E Pierce St
1026 E Pierce StPhoenix, AZ 85006
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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2 Bedroom Apartments
1017-1021 E McKinley St
1017-1021 E McKinley StPhoenix, AZ 85006
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Studio to 2 Bedroom Apartments
2218 E Polk St
2218 E Polk StPhoenix, AZ 85006
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4 Bedroom Apartments
Townhomes on Polk
1341 E Polk StPhoenix, AZ 85006
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4 Bedroom Apartments
Polka Gardens
2206 E Polk StPhoenix, AZ 85006
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3 Bedroom Apartments
2237 E Taylor St
2237 E Taylor StPhoenix, AZ 85006
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2 Bedroom Apartments
602 N 16th St
602 N 16th StPhoenix, AZ 85006
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1 Bedroom Apartments
1734 E Jefferson St
1734 E Jefferson StPhoenix, AZ 85034
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.
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Studio to 1 Bedroom Apartments
2233 E Fillmore St
2233 E Fillmore StPhoenix, AZ 85006
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Studio to 1 Bedroom Apartments
McKinley St Apartments
2203 E McKinley StPhoenix, AZ 85006
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2 Bedroom Apartments
2149 E Taylor St
2149 E Taylor StPhoenix, AZ 85006
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1 to 2 Bedroom Apartments
Pierce Apartments
712 E Pierce StPhoenix, AZ 85006
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Studio Apartments
716 E Pierce St
716 E Pierce StPhoenix, AZ 85006
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1 to 2 Bedroom Apartments
2238 E Taylor St
2238 E Taylor StPhoenix, AZ 85006
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1 Bedroom Apartments
1345 E McKinley St
1345 E McKinley StPhoenix, AZ 85006
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.
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2 Bedroom Apartments
411 N 21st Pl
411 N 21st PlPhoenix, AZ 85006
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1 to 2 Bedroom Apartments
Polk Terrace Apartments
338 N 23rd StPhoenix, AZ 85006
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Studio to 3 Bedroom Apartments
The Vue
402 N 10th StPhoenix, AZ 85006
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1 to 2 Bedroom Apartments
Lofts@10 Apartments
2247 E Van Buren StPhoenix, AZ 85006
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1 to 5 Bedroom Apartments
Harmony at the Park
1950 E Polk StPhoenix, AZ 85006
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1 Bedroom Apartments
Jefferson St
1402 E Jefferson StPhoenix, AZ 85034
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1 to 2 Bedroom Apartments
Polk Gardens Apartments
2148 E Polk StPhoenix, AZ 85006
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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2 Bedroom Apartments
Taylor Street Apartments
2201-2213 E Taylor StPhoenix, AZ 85006
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Studio Apartments
1442 E Polk St
1442 E Polk StPhoenix, AZ 85006
Showing Results 1-30, 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 | $1,380 | $961 | $1,894 |
| Central City 1 Bedroom Apartments | $1,549 | $795 | $1,954 |
| Central City 2 Bedroom Apartments | $2,077 | $1,499 | $2,894 |
| Central City 3 Bedroom Apartments | $2,419 | $1,599 | $3,467 |
| Central City 4 Bedroom Apartments | $2,450 | $2,400 | $2,500 |
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 30 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 $930. Agave Court has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. 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 (C) | 1BR,1BA | $930 |
| Agave Court | 1x1 | 1BR,1BA | $999 |
| Streamliner 16th | Studio | Studio,1BA | $1,025 |
| Mason Oliver | Studio2 | Studio,1BA | $1,035 |
| VB on 12th | B1 - 1 Bedroom 1 Bathroom | 1BR,1BA | $1,051 |
| Ragsdale | Studio A | Studio,1BA | $1,274 |
| Konrad | 1x1 A2 | 1BR,1BA | $1,338 |
| The Tailor | 1 Bed 1 Bath | 1BR,1BA | $1,799 |
Best Value Apartments for Rent in Central City, AZ
As of July 12, 2026 the best value apartment in the Central City area is the $0.99 price per square foot 1 Bedroom (C) Model at McCarty on Monroe in the in the Central City neighborhood starting from $930. The second greatest value Central City apartment is the 1x1 C Model at Ragsdale starting at $1,829 with a $2.52 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 (C) | 1BR,1BA | $0.99 |
| Ragsdale | 1x1 C | 1BR,1BA | $2.52 |
| Mason Oliver | Studio3 | Studio ,1BA | $1.84 |
| Agave Court | 1x1 | 1BR,1BA | $1.48 |
| 1502 S 14th St, Unit Unit 2 | 1502 S 14th St | 2BR,1BA | $2.96 |
| Konrad | 1x1 A1 | 1BR,1BA | $2.44 |
| The Tailor | 1 Bed 1 Bath | 1BR,1BA | $3.00 |
| Streamliner 16th | Studio | Studio ,1BA | $2.38 |
| VB on 12th | A3 - Studio | Studio ,1BA | $3.24 |
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 $1,799.
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 $930, while the average apartment in Central City costs $2,450.
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 157 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 $1,171 which is $1,279 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.
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).
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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
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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
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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.