
Cheap Apartments for Rent in the Central Phoenix Neighborhood of Phoenix, AZ from $700 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central Phoenix area of Phoenix.


The Venue on Camelback Apartments

Collins off Colter*

1805 E Indian School Rd
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4633 N 8th Pl

Camelback Cove Apartments

4224 N 13th Pl

502 E Mariposa St

5235 N 8th Pl

Urbana on 12th

Highland Terrace
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1916 E Fairmount Ave, Unit 3

822 E Montecito Ave

4133 N Longview Ave

The Art on Highland

411 E Indian School Rd

Revival Midtown NEW

833 E Turney Ave

1241 E Medlock Dr
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4620 N 10th Pl

1701 E Colter St
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Phoenix's Best Affordable Neighborhoods
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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 | $1,263 | $731 | $2,969 |
Central Phoenix 1 Bedroom Apartments | $1,673 | $849 | $3,978 |
Central Phoenix 2 Bedroom Apartments | $2,361 | $1,195 | $5,227 |
Central Phoenix 3 Bedroom Apartments | $3,167 | $1,947 | $7,869 |
Browse Apartments in this Neighborhood
There are currently 41 rentals with your search options within a 1 mile radius of the Central Phoenix Neighborhood of Phoenix, AZ.
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Central Phoenix, Phoenix, AZ Local Guide
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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 $731. 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 | $731 |
The Studio on 12th Street | studios | Studio,1BA | $799 |
Collins off Colter* | S1U2 | Studio,1BA | $801 |
The Arcos | Studio | Studio,1BA | $959 |
Rise Midtown | S1 | Studio,1BA | $975 |
Playton Place | Studio, 1 bath | Studio,1BA | $1,000 |
Camelback Cove Apartments | A2 | 1BR,1BA | $1,050 |
Highland Terrace | One Bed/ One Bath | 1BR,1BA | $1,150 |
Best Value Apartments for Rent in Central Phoenix, AZ
As of June 09, 2025 the best value apartment in the Central Phoenix area is the $1.76 price per square foot The Wright Model at Novella at Biltmore in the in the Central Phoenix neighborhood starting from $3,199. The second greatest value Central Phoenix apartment is the C1RR Model at Citi on Camelback starting at $2,710 with a $1.95 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 Wright | 3BR,2.5BA | $1.76 |
Citi on Camelback | C1RR | 3BR,2BA | $1.95 |
Audere Apartments | Desert Willow | 2BR,2BA | $2.04 |
Playton Place | 1 Bed, 1 bath | 1BR,1BA | $1.58 |
The Highland | Tuscany | 1BR,1BA | $2.06 |
Highland Terrace | One Bed/ One Bath | 1BR,1BA | $1.53 |
Revival Midtown NEW | A1 NY | 1BR,1BA | $2.00 |
Urbana on 12th | 1x1 | 1BR,1BA | $1.98 |
The Arcos | Studio | Studio ,1BA | $1.71 |
The Venue on Camelback Apartments | Honey | Studio ,1BA | $1.76 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleCentral Phoenix, Phoenix, AZ
Ranked #91
Among neighborhoods in Phoenix, AZ 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
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 Seventh listed at $717.
How much is rent for a Cheap One Bedroom Central Phoenix Apartment?
The lowest price for a Cheap One Bedroom Central Phoenix Apartment is $849 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 Seventh and starts from $1,947.
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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