Cheap Apartments for Rent in the Central City South Neighborhood of Phoenix, AZ from $500 (72 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central City South area of Phoenix.

Ascent on Broadway

Victory Place I-IV

610 N 4th Ave

1605 W Latham St

209 N 16th Ave

1233 W Pierce St

Roosevelt Point

16th Ave Apartments

X Phoenix
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1241 E McKinley St

VB on 12th

1214 W Roosevelt St

322 N 17th Dr

Derby PHX

325 North 11th St

The Continental

841 N 6th Ave

4301 S 7th Ave
Phoenix's Best Affordable Neighborhoods
Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett

1210 E Van Buren St

44 Monroe

601 N 6th Ave

The Maeve Central Station

1226 W Roosevelt St

ReNue Downtown Apartments

Roosevelt Square

328 N 11th Pl

722 W Moreland St, Unit 722

Portrait at Hance Park

822 N 7th St

The Stewart

Circa Central Avenue

Mason Oliver

1457 E Taylor St

401 N 13th Pl

Union at Roosevelt

2045 W Washington St

1313 W Taylor St

601 Pax

1405 E Roosevelt St

AVE Phoenix Terra

Lydian

817 N 6th St

Skye on 6th

AVE Phoenix Sky

The Battery
Central City South, Phoenix, AZ Local Guide

How much does it cost to rent an apartment in Central City South?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Central City South Studio Apartments | $1,560 | $720 | $3,104 |
Central City South 1 Bedroom Apartments | $2,064 | $670 | $4,284 |
Central City South 2 Bedroom Apartments | $2,933 | $926 | $7,052 |
Central City South 3 Bedroom Apartments | $2,822 | $925 | $9,997 |
Central City South 4 Bedroom Apartments | $956 | $875 | $1,859 |
Browse Apartments in this Neighborhood
There are currently 72 rentals with your search options within a 2 mile radius of the Central City South Neighborhood of Phoenix, AZ.
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Central City South, Phoenix, AZ Local Guide
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Cheapest Available Central City South Apartments for Rent
 The cheapest available apartment rental in the Central City South area of Phoenix, AZ is a 1 Bed unit found at McCarty on Monroe priced from $647. Marquee has the second lowest priced unit, which is a 1 Bed apartment currently listed from $670. Here are the most affordable Central City South apartments for rent in Phoenix, AZ:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
McCarty on Monroe | 1 Bedroom (A) | 1BR,1BA | $647 |
Marquee | One Bedroom 559 Sq Ft A | 1BR,1BA | $670 |
Victory Place I-IV | Studio | Studio,1BA | $720 |
Ascent on Broadway | Studio | Studio,1BA | $720 |
Roosevelt Point | D2 | 4BR,4BA | $875 |
16th Ave Apartments | Studio/1 Bath | Studio,1BA | $895 |
Matthew Henson Apartments | 1 Bedroom Tax Credit*** | 1BR,1BA | $927 |
X Phoenix | COLIVING Suites in 4 BR/4BA | Studio,1BA | $950 |
VB on 12th | A1 - Studio | Studio,1BA | $964 |
TerraceVue | 1st Floor 1 Bedroom | 1BR,1BA | $999 |
Best Value Apartments for Rent in Central City South, AZ
As of April 24, 2025 the best value apartment in the Central City South area is the $1.55 price per square foot One Bedroom Garden Model at Matthew Henson Apartments in the in the South Phoenix neighborhood starting from $1,083. The second greatest value Central City South apartment is the The Arena - 60 Model at ReNue Downtown Apartments starting at $1,199 with a $1.73 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for Central City South apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Matthew Henson Apartments | One Bedroom Garden | 1BR,1BA | $1.55 |
ReNue Downtown Apartments | The Arena - 60 | 1BR,1BA | $1.73 |
McCarty on Monroe | 1 Bedroom (A) | 1BR,1BA | $0.93 |
601 Pax | A1 | 1BR,1BA | $2.06 |
Willetta Apartments | Woodhaven | 1BR,1BA | $1.82 |
Dahlia Village | One Bedroom | 1BR,1BA | $1.83 |
Marquee | One Bedroom 559 Sq Ft A | 1BR,1BA | $1.04 |
Roosevelt Square | Studio A1 | Studio ,1BA | $2.04 |
Victory Place I-IV | Studio | Studio ,1BA | $1.50 |
Ascent on Broadway | Studio | Studio ,1BA | $1.76 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleCentral City South, Phoenix, AZ
Ranked #28
Among neighborhoods in Phoenix, AZ for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Central City South, Phoenix, AZ
Phoenix Union Bioscience High School
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in metropolitan areas across the United States and customized analysis for Central Phoenix. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, transit availability, pet-friendly communities, family-friendliness, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!
Getting Around the Central City South Neighborhood in Phoenix, AZ
Walk Score®
48 / 100
Car-Dependent
Most errands require a car
Bike Score®
58 / 100
Bikeable
Some bike infrastructure
Transit Score®
45 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Central City South Apartments
What is the Cheapest Studio apartment in Central City South?
Currently the most affordable Cheap Studio Apartment in Central City South is at Victory Place I-IV listed at $720.
How much is rent for a Cheap One Bedroom Central City South Apartment?
The lowest price for a Cheap One Bedroom Central City South Apartment is $647 at McCarty on Monroe.
What is the lowest price for a Cheap Two Bedroom Central City South Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Central City South is starting from $926 at Ascent on Broadway.
What is the most affordable Central City South Three Bedroom Apartment?
The best deal on a cheap Central City South Three Bedroom Apartment rental is at Roosevelt Point and starts from $925.
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).

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.