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$692 - $4,320
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$692 - $4,320
Total Monthly Price
$692 - $4,320
Collins off Colter*
5128 N 15th StPhoenix, AZ 85014
Cheap Apartments for Rent in the Central Phoenix Neighborhood of Phoenix, AZ from $600 (59 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central Phoenix area of Phoenix.
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Rent Specials
$723 - $2,016Studio to 2 Bedroom Apartments Available Now
The Venue on Camelback Apartments
1930 E Camelback RdPhoenix, AZ 85016
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$725 - $825Studio Apartments Available Now
The Studio on 12th Street
4130 N 12th StPhoenix, AZ 85014
4401 N 12th St
PhoenixAZ85014
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Rent Specials
$922 - $2,913Studio to 2 Bedroom Apartments Available Now
Camelback Cove Apartments
4802 N 12th StPhoenix, AZ 85014
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$999 - $1,589Studio to 3 Bedroom Apartments Available Now
Seventh Apartments
5145 N 7th StPhoenix, AZ 85014
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Rent Specials
$999 - $1,299Studio to 1 Bedroom Apartments Available Now
Luna Bear Arcos
1637 E Missouri AvePhoenix, AZ 85016
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$1,000 - $1,800Studio to 2 Bedroom Apartments Available Now
Playton Place
3625 N 16th StPhoenix, AZ 85016
4127 N 18th Pl
PhoenixAZ85016
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Rent Specials
$1,070 - $1,416Studio to 2 Bedroom Apartments Available Now
Urbana on 12th
4225 N 12TH StPhoenix, AZ 85014
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.
3903 N 12th St
PhoenixAZ85014
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$1,150 - $1,2501 to 2 Bedroom Apartments Available Now
Highland Terrace
1108 E Highland AvePhoenix, AZ 85014
5303 N 7th St
PhoenixAZ85014
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$1,2001 Bedroom Apartments Available Now
4235 N 13th Pl, Unit Unit 3
4235 N 13th PlPhoenix, AZ 85014
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Rent Specials
$1,223 - $4,154Studio to 2 Bedroom Apartments Available Now
Level at Sixteenth
1550 E Campbell AvePhoenix, AZ 85014
4126 N Longview Ave
PhoenixAZ85014
1701 E Colter St
PhoenixAZ85016
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Rent Specials
$1,299 - $1,5491 to 2 Bedroom Apartments Available May 22
Revival Midtown NEW
1220 E Medlock DrPhoenix, AZ 85014
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Rent Specials
$1,299 - $1,4502 Bedroom Apartments Available Soon
Partenza on Highland
1320 E Highland AvePhoenix, AZ 85014
1138 E Devonshire Ave
PhoenixAZ85014
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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$1,342 - $2,7341 to 3 Bedroom Apartments Available Now
Audere Apartments
1920 E Indian School RdPhoenix, AZ 85016
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$1,389 - $7,0381 to 3 Bedroom Apartments Available Now
The Highland
1601 E Highland AvePhoenix, AZ 85016
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$1,395 - $2,4451 to 2 Bedroom Apartments Available Now
ASA Midtown
1110 E Turney AvePhoenix, AZ 85014
4326 N 13th Pl
PhoenixAZ85014
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$1,4362 Bedroom Apartments Available Now
4212 N 19th St, Unit a
4212 N 19th StPhoenix, AZ 85016
4212 N 19th St
PhoenixAZ85016
935 E Roma Ave
PhoenixAZ85014
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$1,4492 Bedroom Apartments Available Now
Roma Village Apartments
933 E Roma AvePhoenix, AZ 85014
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1 to 2 Bedroom Apartments
Bonfire Apartments
529-530 E Mariposa StPhoenix, AZ 85012
3810 N 9th Pl
PhoenixAZ85014
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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2 Bedroom Apartments
Waterside
4233 N Longview AvePhoenix, AZ 85014
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Studio to 2 Bedroom Apartments
The Devonshire
4214 N 10th StPhoenix, AZ 85014
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1 to 2 Bedroom Apartments
10th Street
4140 N 10th StPhoenix, AZ 85014
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1 to 3 Bedroom Apartments
Encanto Park Apartments
730-820 E Turney AvePhoenix, AZ 85014
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Studio to 2 Bedroom Apartments
Rise Midtown
3815 N 16th StPhoenix, AZ 85016
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1 Bedroom Apartments
North Longview
4450 N Longview AvePhoenix, AZ 85014
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1 to 3 Bedroom Apartments
The Hibiscus Apartments
5250 N 20th StPhoenix, AZ 85016
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1 to 3 Bedroom Apartments
Mozaic at Steele Park
411 E Indian School RdPhoenix, AZ 85012
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Studio to 3 Bedroom Apartments
Collins Off Colter II
1517 E ColterPhoenix, AZ 85014
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Studio to 2 Bedroom Apartments
Capri Apartments
4312 N 12th StPhoenix, AZ 85014
From Scottsdale to Peoria: Your Renter’s Guide to Phoenix's Best Cities
Looking to rent in the Phoenix area, but outside of the core? This guide covers top cities in the metroplex like Gilbert and Chandler, highlighting key differences in cost of living, commute, and community feel.
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Studio to 3 Bedroom Apartments
The Vines
1110 E Highland AvePhoenix, AZ 85014
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Studio to 1 Bedroom Apartments
840 E Turney Ave
840 E Turney AvePhoenix, AZ 85014
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Studio to 2 Bedroom Apartments
Art on Highland
4626 N 16th StPhoenix, AZ 85016
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Studio to 1 Bedroom Apartments
Biltmore Flats
1805 E Indian School RdPhoenix, AZ 85016
810 E Colter St
PhoenixAZ85014
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2 Bedroom Apartments
14 on Eleventh
4020 N 11th StPhoenix, AZ 85014
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Studio to 2 Bedroom Apartments
The Trend at 51
1615 E Georgia AvePhoenix, AZ 85016
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1 to 2 Bedroom Apartments
The Maxwell
4308 N Longview AvePhoenix, AZ 85014
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1 to 2 Bedroom Apartments
Fringe Midtown
948 E Devonshire AvePhoenix, AZ 85014
920 E Devonshire Ave
PhoenixAZ85014
Your Essential Local Experts Phoenix Relocation Guide: Housing, Utilities, and Local Tips
Your complete checklist for relocating to the Phoenix metro area. Easily navigate housing, set up electricity and gas with provider links, handle vehicle registration, and learn local regulations.
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 | $917 | $692 | $1,889 |
| Central Phoenix 1 Bedroom Apartments | $1,375 | $789 | $2,314 |
| Central Phoenix 2 Bedroom Apartments | $1,897 | $1,094 | $4,181 |
| Central Phoenix 3 Bedroom Apartments | $2,653 | $1,986 | $7,038 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 59 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 $692. The Venue on Camelback Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $723. 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 | $692 |
| The Venue on Camelback Apartments | Honey | Studio,1BA | $723 |
| Camelback Cove Apartments | Studio | Studio,1BA | $922 |
| Seventh Apartments | S1 Platinum | Studio,1BA | $999 |
| Luna Bear Arcos | Studio | Studio,1BA | $999 |
| Playton Place | Studio, 1 bath | Studio,1BA | $1,000 |
| Mozaic at Steele Park | The Willow | 1BR,1BA | $1,070 |
| Urbana on 12th | Studio | Studio,1BA | $1,070 |
| Rise Midtown | A3 Gold | 1BR,1BA | $1,095 |
| Art on Highland | 0 Bed/1 Bath | Studio,1BA | $1,129 |
Best Value Apartments for Rent in Central Phoenix, AZ
As of April 28, 2026 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 D1 - Phase ll Model at Collins Off Colter II starting at $1,986 with a $1.28 price per square foot in the Central Phoenix 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 |
| Collins Off Colter II | D1 - Phase ll | 3BR,2BA | $1.28 |
| Roma Village Apartments | Two Beds, Two Baths | 2BR,2BA | $1.70 |
| Highland Terrace | One Bed/ One Bath | 1BR,1BA | $1.53 |
| Rise Midtown | A3 Platinum | 1BR,1BA | $1.71 |
| Mozaic at Steele Park | The Willow | 1BR,1BA | $1.65 |
| Luna Bear Arcos | Studio | Studio ,1BA | $1.78 |
| Playton Place | Studio, 1 bath | Studio ,1BA | $1.84 |
| The Venue on Camelback Apartments | Honey | Studio ,1BA | $1.74 |
| Collins off Colter* | S1 - Phase l | Studio ,1BA | $1.82 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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 ArticleCash 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.
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
How much rent can you afford?
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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Best Local Schools in Central Phoenix, Phoenix, AZ
Phoenix Coding Academy
Phoenix Union High School District
Public School - Grades 9-12 (224)
3 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 a cheap apartment in Central Phoenix?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Central Phoenix is under $1,129.
What is the price of a cheap apartment in Central Phoenix?
The cheapest apartment in Central Phoenix is The Venue on Camelback Apartments which is listed at $817, while the average apartment in Central Phoenix costs $2,510.
What types of apartments are the cheapest in Central Phoenix?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 50 regular apartments in Central Phoenix that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Central Phoenix?
Cheap apartments in Central Phoenix have an average cost of $818 which is $1,692 cheaper than the average rent for all rentals in Central Phoenix.
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).
Experts Guide to the Top Neighborhoods in Phoenix, AZ for College Renters
Written by: Andrew Jollett
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
Written by: Andrew Jollett
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.
New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options
Written by: Andrew Jollett
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
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
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.