1437 E Polk St
PhoenixAZ85006
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.
1153 E Taylor St
PhoenixAZ85006
1502 E Adams St
PhoenixAZ85034
1634 E Monroe St
PhoenixAZ85034
322 N 13th St
PhoenixAZ85006
1122 E Fillmore St
PhoenixAZ85006
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.
322 N 13th St
PhoenixAZ85006
1438 E Adams St
PhoenixAZ85034
318 N 12th St
PhoenixAZ85006
1021 E McKinley St
PhoenixAZ85006
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$1,275Studio Apartments Available Now
1435 E Taylor St, Unit 308
1435 E Taylor StPhoenix, AZ 85006
328 N 12th St
PhoenixAZ85006
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.
1027 E McKinley St
PhoenixAZ85006
Showing Results 1-13, Page 1 of 1
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 | $1,808 | $1,500 | $2,200 |
| Central City 3 Bedroom Homes for Rent | $2,524 | $1,997 | $3,500 |
| Central City 4 Bedroom Homes for Rent | $3,600 | $3,600 | $3,600 |
| Central City 5 Bedroom Homes for Rent | $999 | $999 | $999 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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.
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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 VB on 12th priced from $857. Streamliner 16th has the second lowest priced unit, which is a Studio apartment currently listed from $957. Here are the most affordable Central City apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| VB on 12th | A1 - Studio | Studio,1BA | $857 |
| Streamliner 16th | Studio | Studio,1BA | $957 |
| McCarty on Monroe | 1 Bedroom (B) | 1BR,1BA | $1,141 |
| Konrad | 1x1 A2 | 1BR,1BA | $1,224 |
| Mason Oliver | Studio1 | Studio,1BA | $1,237 |
Best Value Apartments for Rent in Central City, AZ
As of April 13, 2026 the best value apartment in the Central City area is the $1.37 price per square foot 1 Bedroom (B) Model at McCarty on Monroe in the in the Central City neighborhood starting from $1,141. The second greatest value Central City apartment is the 0x1 E1 Loft Model at Konrad starting at $1,673 with a $2.33 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 (B) | 1BR,1BA | $1.37 |
| Konrad | 0x1 E1 Loft | Studio ,1BA | $2.33 |
| Mason Oliver | Studio1 | Studio ,1BA | $2.01 |
| Ragsdale | Studio Large B | Studio ,1BA | $2.59 |
| Streamliner 16th | 1 Bedroom | 1BR,1BA | $2.45 |
| 1918 E Adams St, Unit 4 | 1918 E Adams St | 1BR,1BA | $1.45 |
| VB on 12th | A1 - Studio | Studio ,1BA | $2.67 |
Frequently Asked Questions about Central City
What type of rentals are currently available in Central City?
There are currently 95 Apartments for Rent in Central City, AZ with pricing that ranges from $675 to $2,649. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central City ranging from $795 to $3,600.
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 $795 to $3,600 with an average monthly rent of $1,976.
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 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).
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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 Experts 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.
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Hi everyone! My name is Andrew, and I’m your local ApartmentHomeLiving.com guide for the greater Phoenix area. Today, I want to take you on an insider’s tour of the area.
Articles, How-To's, and Tips
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.