Cheap Homes for Rent in Central City Neighborhood of Phoenix, AZ from $700 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Central City area of Phoenix.

1429 E Fillmore St

1153 E Taylor St

1502 E Adams St

1634 E Monroe St
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1102 E Polk St

1324 E Taylor St

1122 E Fillmore St

349 North 11th St

329 North 11th St

328 N 11th Pl
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1938 E Jackson St
Central City, Phoenix, AZ Local Guide

How much does it cost to rent a home in Central City?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Central City 2 Bedroom Homes for Rent | $1,708 | $1,300 | $1,900 |
Central City 3 Bedroom Homes for Rent | $2,423 | $2,150 | $2,795 |
Central City 4 Bedroom Homes for Rent | $2,497 | $2,495 | $2,500 |
Browse Homes for Rent in this Neighborhood
There are currently 13 rentals with your search options within a 1 mile radius of the Central City Neighborhood of Phoenix, AZ.
Explore 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 Studio apartment currently listed from $989. 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 | A2 - Studio | Studio,1BA | $989 |
Agave Court | 1x1 | 1BR,1BA | $1,299 |
Mason Oliver | E1 | Studio,1BA | $1,325 |
1933 E Monroe St | Studio | 1BR,1BA | $1,450 |
Best Value Apartments for Rent in Central City, AZ
As of August 01, 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 $1,299 with a $1.92 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 | $1.92 |
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 | $1.70 |
VB on 12th | A2 - Studio | Studio ,1BA | $2.91 |
Frequently Asked Questions about Central City
What type of rentals are currently available in Central City?
There are currently 96 Apartments for Rent in Central City, AZ with pricing that ranges from $650 to $3,600. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central City ranging from $799 to $2,795.
What is the current price range for Rental Homes in Central City?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Central City ranges from $799 to $2,795 with an average monthly rent of $1,892.
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.

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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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Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.