Cheap Apartments for Rent in the Central Phoenix Neighborhood of Phoenix, AZ from $700 (53 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Central Phoenix area of Phoenix.

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Collins off Colter*
Rent Specials
$759 - $3,371
Total Monthly Price

Total Monthly Price

Base Rent
$759 - $3,371
Total Monthly Price
$759 - $3,371
Studio to 3 Bedroom Apartments Available Now

Collins off Colter*

5128 N 15th StPhoenix, AZ 85014
Affordability
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property at 4401 N 12th St

$725 - $1,300

1 Bedroom Rentals

Available Now

4401 N 12th St

PhoenixAZ85014

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property at 5303 N 7th St

$1,200 - $1,950

1 To 2 Bedroom Rentals

Available Now

5303 N 7th St

PhoenixAZ85014
property at 1701 E Colter St

$1,250 - $2,500

1 To 2 Bedroom Rentals

Available Now

1701 E Colter St

PhoenixAZ85016

Rent According to Income: A Look at Income-Restricted Rentals

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Citi on Camelback
Rent Specials
$1,354 - $2,789
Total Monthly Price

Total Monthly Price

Base Rent
$1,354 - $2,789
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Citi on Camelback

909 E Camelback RdPhoenix, AZ 85014
Student Housing
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Bonfire Apartments
1 to 2 Bedroom Apartments

Bonfire Apartments

529-530 E Mariposa StPhoenix, AZ 85012
  • Utilities Included
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Waterside
2 Bedroom Apartments

Waterside

4233 N Longview AvePhoenix, AZ 85014
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3427 N 12th Pl
1 to 2 Bedroom Apartments

3427 N 12th Pl

3427 N 12th PlPhoenix, AZ 85014
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Rise Midtown
Studio to 2 Bedroom Apartments

Rise Midtown

3815 N 16th StPhoenix, AZ 85016

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.

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Seventh
Studio to 3 Bedroom Apartments

Seventh

5145 N 7th StPhoenix, AZ 85014
Student Housing
  • Utilities Included
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The Devonshire
Studio to 2 Bedroom Apartments

The Devonshire

4214 N 10th StPhoenix, AZ 85014
  • Utilities Included
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10th Street
1 to 2 Bedroom Apartments

10th Street

4140 N 10th StPhoenix, AZ 85014
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North Longview
1 Bedroom Apartments

North Longview

4450 N Longview AvePhoenix, AZ 85014
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The Vines
Studio to 3 Bedroom Apartments

The Vines

1110 E Highland AvePhoenix, AZ 85014
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Capri Apartments
Studio to 2 Bedroom Apartments

Capri Apartments

4312 N 12th StPhoenix, AZ 85014

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840 E Turney Ave
Studio to 1 Bedroom Apartments

840 E Turney Ave

840 E Turney AvePhoenix, AZ 85014
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Biltmore Flats
Studio to 1 Bedroom Apartments

Biltmore Flats

1805 E Indian School RdPhoenix, AZ 85016
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14 on Eleventh
2 Bedroom Apartments

14 on Eleventh

4020 N 11th StPhoenix, AZ 85014
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The Maxwell
1 to 2 Bedroom Apartments

The Maxwell

4308 N Longview AvePhoenix, AZ 85014
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Mozaic at Steele Park
1 to 3 Bedroom Apartments

Mozaic at Steele Park

411 E Indian School RdPhoenix, AZ 85012
Student Housing
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Art on Highland
Studio to 2 Bedroom Apartments

Art on Highland

4626 N 16th StPhoenix, AZ 85016
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Fringe Midtown
1 to 2 Bedroom Apartments

Fringe Midtown

948 E Devonshire AvePhoenix, AZ 85014
Student Housing
property at 4423 N 13th Pl

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295
Total Monthly Price
$1,295

2 Bedroom, 1 Bath Condo for Rent

Available Now

4423 N 13th Pl, Unit 4

4423 N 13th Pl
PhoenixAZ85014
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The Mariposa
2 Bedroom Apartments

The Mariposa

511 E Mariposa StPhoenix, AZ 85012
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Fringe on 15th
1 to 2 Bedroom Apartments

Fringe on 15th

4711 N 15th StPhoenix, AZ 85014
  • Utilities Included

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Showing Results 1-50, Page 1 of 2

Central Phoenix, Phoenix, AZ Local Guide

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 The Venue on Camelback Apartments priced from $794. Downing Studios on 12th St has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable Central Phoenix apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
The Venue on Camelback ApartmentsHoneyStudio,1BA$794
Downing Studios on 12th StDowning Studios on 12th St - 2Studio,1BA$799
Collins off Colter*A1 - Phase l1BR,1BA$812
Camelback Cove ApartmentsStudioStudio,1BA$875
3427 N 12th Pl1 Beds, 1 Baths1BR,1BA$895
Rise MidtownA1 Platinum1BR,1BA$995
Luna Bear ArcosStudioStudio,1BA$999
Playton PlaceStudio, 1 bathStudio,1BA$1,000
Urbana on 12thStudioStudio,1BA$1,009
Collins Off Colter IIB3 - Phase ll2BR,1BA$1,092

Best Value Apartments for Rent in Central Phoenix, AZ

As of July 27, 2026 the best value apartment in the Central Phoenix area is the $1.19 price per square foot D1 - Phase ll Model at Collins Off Colter II in the in the Central Phoenix neighborhood starting from $1,839. The second greatest value Central Phoenix apartment is the 2 Beds, 2 Baths Model at The Carlyle Apartment Homes starting at $1,645 with a $1.41 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Collins Off Colter IID1 - Phase ll3BR,2BA$1.19
The Carlyle Apartment Homes2 Beds, 2 Baths2BR,2BA$1.41
The Clayton on Highland2B2BR,2BA$1.55
Citi on CamelbackA1RR1BR,1BA$1.86
Highland TerraceOne Bed/ One Bath1BR,1BA$1.53
Rise MidtownA3 Gold1BR,1BA$1.56
3427 N 12th Pl1 Beds, 1 Baths1BR,1BA$1.57
Luna Bear ArcosStudioStudio ,1BA$1.78
Playton PlaceStudio, 1 bathStudio ,1BA$1.84
Collins off Colter*A1 - Phase l1BR,1BA$1.50

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Don'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.

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Expert'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

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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Best Local Schools in
Central Phoenix, Phoenix, AZ

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 $794.

How much is rent for a Cheap One Bedroom Central Phoenix Apartment?

The lowest price for a Cheap One Bedroom Central Phoenix Apartment is $812 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 $1,012 at Collins off Colter*.

What is the most affordable Central Phoenix Three Bedroom Apartment?

The best deal on a cheap Central Phoenix Three Bedroom Apartment rental is at Collins off Colter* and starts from $1,839.

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.

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