
Cheap Homes for Rent in Central City Neighborhood of Phoenix, AZ from $700 (16 Rentals)
Search the lowest-cost Homes available for rent right now in the Central City area of Phoenix.


1102 E Polk St

1324 E Taylor St

1634 E Monroe St
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.

1501 E Monroe St

1505 E Monroe St

1153 E Taylor St
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.

1429 E Fillmore St

1122 E Fillmore St

329 North 11th St

349 North 11th St
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

1161 E Polk St

328 N 11th Pl

1022 E Fillmore St

713 N 9th 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 | $1,795 | $1,450 | $2,400 |
Central City 3 Bedroom Homes for Rent | $2,373 | $1,800 | $2,999 |
Central City 4 Bedroom Homes for Rent | $2,750 | $2,500 | $3,000 |
Browse Homes for Rent in this Neighborhood
There are currently 16 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 1 Bed apartment currently listed from $974. 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 | $974 |
Streamliner 16th | Studio | Studio,1BA | $999 |
Mason Oliver | Studio1 | Studio,1BA | $1,180 |
Agave Court | 2x2 | 2BR,2BA | $1,199 |
Best Value Apartments for Rent in Central City, AZ
As of September 15, 2025 the best value apartment in the Central City area is the $1.29 price per square foot 2x2 Model at Agave Court in the in the Central City neighborhood starting from $1,199. The second greatest value Central City apartment is the 1 Bedroom (A) Model at McCarty on Monroe starting at $717 with a $1.04 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 | 2x2 | 2BR,2BA | $1.29 |
McCarty on Monroe | 1 Bedroom (A) | 1BR,1BA | $1.04 |
Mason Oliver | Studio1 | Studio ,1BA | $1.97 |
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 | $1.57 |
Streamliner 16th | Studio | Studio ,1BA | $2.32 |
VB on 12th | A2 - Studio | Studio ,1BA | $2.97 |
Frequently Asked Questions about Central City
What type of rentals are currently available in Central City?
There are currently 101 Apartments for Rent in Central City, AZ with pricing that ranges from $675 to $2,945. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central City ranging from $799 to $3,000.
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 $3,000 with an average monthly rent of $1,959.
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).

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.