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Cheap Apartments for Rent in the Central Phoenix Neighborhood of Phoenix, AZ from $700 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central Phoenix area of Phoenix.
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Rent Specials
$740 - $2,170Studio to 2 Bedroom Apartments Available Now
The Venue on Camelback Apartments
1930 E Camelback RdPhoenix, AZ 85016
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Rent Specials
$800 - $3,129Studio to 2 Bedroom Apartments Available Now
Camelback Cove Apartments
4802 N 12th StPhoenix, AZ 85014
4633 N 8th Pl
PhoenixAZ85014
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$809 - $1,380Studio to 3 Bedroom Apartments Available Now
Seventh Apartments
5145 N 7th StPhoenix, AZ 85014
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.
1345 E Campbell Ave
PhoenixAZ85014
1805 E Indian School Rd
PhoenixAZ85016
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$1,000 - $1,800Studio to 2 Bedroom Apartments Available Now
Playton Place
3625 N 16th StPhoenix, AZ 85016
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Rent Specials
$1,001 - $1,641Studio to 2 Bedroom Apartments Available Now
Urbana on 12th
4225 N 12TH StPhoenix, AZ 85014
502 E Mariposa St
PhoenixAZ85012
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$1,150 - $1,2501 to 2 Bedroom Apartments Available Now
Highland Terrace
1108 E Highland AvePhoenix, AZ 85014
411 E Indian School Rd
PhoenixAZ85012
4310 N 14th St
PhoenixAZ85014
833 E Turney Ave
PhoenixAZ85014
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$1,285 - $2,475Studio to 2 Bedroom Apartments Available Now
Art on Highland
4626 N 16th StPhoenix, AZ 85016
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
1701 E Colter St
PhoenixAZ85016
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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Showing Results 1-33, Page 1 of 1
Central Phoenix, Phoenix, AZ Local Guide
How much does it cost to rent an apartment in Central Phoenix?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central Phoenix Studio Apartments | $1,083 | $725 | $2,258 |
| Central Phoenix 1 Bedroom Apartments | $1,668 | $800 | $4,122 |
| Central Phoenix 2 Bedroom Apartments | $2,353 | $1,196 | $4,889 |
| Central Phoenix 3 Bedroom Apartments | $3,412 | $2,200 | $7,869 |
Browse Apartments in this Neighborhood
There are currently 33 rentals with your search options within a 1 mile radius of the Central Phoenix Neighborhood of Phoenix, AZ.
See all Apartments in PhoenixExplore Phoenix
Central Phoenix, Phoenix, AZ Local Guide
- Nearby Phoenix neighborhoods
- Nearby Cities
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- Local Counties
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Cheapest Available Central Phoenix Apartments for Rent
The cheapest available apartment rental in the Central Phoenix area of Phoenix, AZ is a Studio unit found at Seventh priced from $717. The Venue on Camelback Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $746. Here are the most affordable Central Phoenix apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Seventh | Studio - Classic | Studio,1BA | $717 |
| The Venue on Camelback Apartments | Honey | Studio,1BA | $746 |
| The Studio on 12th Street | studios | Studio,1BA | $799 |
| Camelback Cove Apartments | Studio | Studio,1BA | $945 |
| The Arcos | Studio | Studio,1BA | $959 |
| Urbana on 12th | Studio | Studio,1BA | $995 |
| Playton Place | Studio, 1 bath | Studio,1BA | $1,000 |
| Highland 24 | One Bed One Bath | 1BR,1BA | $1,050 |
| Highland Terrace | One Bed/ One Bath | 1BR,1BA | $1,150 |
| Art on Highland | s3 | Studio,1BA | $1,285 |
Best Value Apartments for Rent in Central Phoenix, AZ
As of July 24, 2025 the best value apartment in the Central Phoenix area is the $1.63 price per square foot The Haver Model at Novella at Biltmore in the in the Central Phoenix neighborhood starting from $3,250. The second greatest value Central Phoenix apartment is the 69 E Columbus Ave Model at 69 E Columbus Ave, Unit 1 starting at $2,200 with a $1.47 price per square foot in the Encanto neighborhood. Here is today’s list of the best values for Central Phoenix apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Novella at Biltmore | The Haver | 3BR,2.5BA | $1.63 |
| 69 E Columbus Ave, Unit 1 | 69 E Columbus Ave | 3BR,2BA | $1.47 |
| San Mateo Townhomes | Three Bedroom Two Bathroom 1294 Sq Ft With Atta... | 3BR,2BA | $1.72 |
| The Clayton on Highland | 2B | 2BR,2BA | $1.55 |
| Partenza on Highland | Two Bedroom, One Bath | 2BR,1BA | $1.65 |
| Playton Place | 1 Bed, 1 bath | 1BR,1BA | $1.58 |
| Highland Terrace | One Bed/ One Bath | 1BR,1BA | $1.53 |
| Highland 24 | One Bed One Bath | 1BR,1BA | $1.67 |
| The Arcos | Studio | Studio ,1BA | $1.71 |
| The Venue on Camelback Apartments | Honey | Studio ,1BA | $1.78 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleCentral Phoenix, Phoenix, AZ
Ranked #78
Among cities in Arizona for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Central Phoenix, Phoenix, AZ
Phoenix Coding Academy
Phoenix Union High School District
Public School - Grades 9-12 (276)
6 out of 10
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving.com compares millions of points of data to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Phoenix. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, transit availability, pet-friendly communities, multifamily communities for the kids, and other valuable search options. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Central Phoenix Apartments
What is the Cheapest Studio apartment in Central Phoenix?
Currently the most affordable Cheap Studio Apartment in Central Phoenix is at The Venue on Camelback Apartments listed at $740.
How much is rent for a Cheap One Bedroom Central Phoenix Apartment?
The lowest price for a Cheap One Bedroom Central Phoenix Apartment is $819 at The Venue on Camelback Apartments.
What is the lowest price for a Cheap Two Bedroom Central Phoenix Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Central Phoenix is starting from $1,250 at Highland Terrace.
What is the most affordable Central Phoenix Three Bedroom Apartment?
The best deal on a cheap Central Phoenix Three Bedroom Apartment rental is at San Mateo Townhomes and starts from $2,165.
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).
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.