4633 N 8th Pl
PhoenixAZ85014
Cheap Apartments for Rent in the Central Phoenix Neighborhood of Phoenix, AZ from $600 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central Phoenix area of Phoenix.
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Rent Specials
$726 - $2,858Studio to 2 Bedroom Apartments Available Now
Collins off Colter*
5128 N 15th StPhoenix, AZ 85014
5128 N 15th St
PhoenixAZ85014
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$788 - $2,100Studio to 2 Bedroom Apartments Available Now
The Venue on Camelback Apartments
1930 E Camelback RdPhoenix, AZ 85016
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$835 - $1,259Studio to 3 Bedroom Apartments Available Now
Seventh Apartments
5145 N 7th StPhoenix, AZ 85014
1805 E Indian School Rd
PhoenixAZ85016
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Rent Specials
$899 - $999Studio to 1 Bedroom Apartments Available Now
Luna Bear Arcos
1637 E Missouri AvePhoenix, AZ 85016
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$899 - $999Studio to 1 Bedroom Apartments Available Now
The Devonshire
4214 N 10th StPhoenix, AZ 85014
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$920 - $3,236Studio to 2 Bedroom Apartments Available Now
Camelback Cove Apartments
4802 N 12th StPhoenix, AZ 85014
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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4231 N 13th Pl
PhoenixAZ85014
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Rent Specials
$971 - $6,659Studio to 3 Bedroom Apartments Available Now
Collins Off Colter II
1517 E ColterPhoenix, AZ 85014
1340 E Missouri Ave
PhoenixAZ85014
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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
$1,075 - $1,588Studio to 2 Bedroom Apartments Available Now
Urbana on 12th
4225 N 12TH StPhoenix, AZ 85014
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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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$1,150 - $1,2501 to 2 Bedroom Apartments Available Now
Highland Terrace
1108 E Highland AvePhoenix, AZ 85014
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Rent Specials
$1,161 - $2,095Studio to 2 Bedroom Apartments Available Now
Peak 16
5151 N 16th StPhoenix, AZ 85016
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$1,196 - $2,672Studio to 2 Bedroom Apartments Available Now
The Art on Highland
4626 N 16th StPhoenix, AZ 85016
4310 N 14th St
PhoenixAZ85014
1701 E Colter St
PhoenixAZ85016
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New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options
Find the Best Phoenix Neighborhoods to Rent and Essential Tips on Getting Around Town, the City's Unique History, Must-try Local Food, and the Outdoor Culture.
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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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Showing Results 1-38, 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 | $1,073 | $726 | $1,780 |
| Central Phoenix 1 Bedroom Apartments | $1,406 | $695 | $3,541 |
| Central Phoenix 2 Bedroom Apartments | $1,838 | $1,244 | $3,197 |
| Central Phoenix 3 Bedroom Apartments | $2,943 | $2,231 | $7,869 |
| Central Phoenix 4 Bedroom Apartments | $2,899 | $2,899 | $2,899 |
Browse Apartments in this Neighborhood
There are currently 38 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
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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 Collins off Colter* priced from $726. The Venue on Camelback Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $788. Here are the most affordable Central Phoenix apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Collins off Colter* | S1 - Phase l | Studio,1BA | $726 |
| The Venue on Camelback Apartments | Honey | Studio,1BA | $788 |
| Seventh Apartments | S1 | Studio,1BA | $835 |
| Luna Bear Arcos | Studio | Studio,1BA | $899 |
| The Devonshire | The Studio | Studio,1BA | $899 |
| Camelback Cove Apartments | A1 | 1BR,1BA | $920 |
| Highland 24 | One Bed One Bath | 1BR,1BA | $979 |
| North Longview | One Bedroom | 1BR,1BA | $999 |
| Playton Place | Studio, 1 bath | Studio,1BA | $1,000 |
| Urbana on 12th | Studio | Studio,1BA | $1,075 |
Best Value Apartments for Rent in Central Phoenix, AZ
As of October 24, 2025 the best value apartment in the Central Phoenix area is the $1.63 price per square foot 4307 N 13th Pl Model at 4307 N 13th Pl, Unit 4 in the in the Encanto neighborhood starting from $2,899. The second greatest value Central Phoenix apartment is the Three Bedroom Two Bathroom 1294 Sq Ft With Atta... Model at San Mateo Townhomes starting at $2,003 with a $1.55 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. |
|---|---|---|---|
| 4307 N 13th Pl, Unit 4 | 4307 N 13th Pl | 4BR,3.5BA | $1.63 |
| San Mateo Townhomes | Three Bedroom Two Bathroom 1294 Sq Ft With Atta... | 3BR,2BA | $1.55 |
| Collins Off Colter II | C2 - Phase ll | 2BR,2BA | $1.22 |
| Playton Place | 1 Bed, 1 bath | 1BR,1BA | $1.58 |
| Highland Terrace | One Bed/ One Bath | 1BR,1BA | $1.53 |
| The Mariposa | 2 br no patio | 2BR,1BA | $1.79 |
| Highland 24 | One Bed One Bath | 1BR,1BA | $1.55 |
| The Devonshire | 1 Bed / 1 Bath | 1BR,1BA | $1.67 |
| Luna Bear Arcos | 1 Bedroom 1 Bath P | 1BR,1BA | $1.78 |
| Seventh Apartments | S1 | Studio ,1BA | $1.78 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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A Phoenix Expert's Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon
Working at a top Phoenix employer? Get the inside scoop on renting apartments in nearby neighborhoods like Encanto, Coronado, Riverside, and South Mountain Village for a great life and easy commute.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe 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.
Read ArticleExpert's Guide to the Top Neighborhoods in Phoenix, AZ for College Renters
A Local Experts Guide to The 10 Best Neighborhoods Near Universities and Colleges in the Phoenix metro area for affordable living. Find your perfect Phoenix apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleQuick Rent Budget Calculator
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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Pet Friendly LifestyleCentral Phoenix, Phoenix, AZ
Ranked #73
Among cities in Arizona for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet 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 Collins off Colter* listed at $726.
How much is rent for a Cheap One Bedroom Central Phoenix Apartment?
The lowest price for a Cheap One Bedroom Central Phoenix Apartment is $896 at Collins off Colter*.
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 $1,244 at The Venue on Camelback Apartments.
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 $1,939.
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).
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.