Cheap Homes for Rent in Central City South Neighborhood of Phoenix, AZ from $800 (12 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Phoenix's Best Affordable Neighborhoods

Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett

property at 2032 W Adams St

2032 W Adams St

PhoenixAZ85009

Central City South, Phoenix, AZ Local Guide

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 $530. Victory Place I-IV has the second lowest priced unit, which is a Studio apartment currently listed from $720. Here are the most affordable Central City South apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
McCarty on Monroe1 Bedroom (A)1BR,1BA$530
Victory Place I-IVStudioStudio,1BA$720
Ascent on BroadwayStudioStudio,1BA$720
Matthew Henson Apartments2 Bedroom Tax Credit***2BR,1BA$748
16th Ave ApartmentsStudio/1 BathStudio,1BA$895

Best Value Apartments for Rent in Central City South, AZ

As of March 25, 2025 the best value apartment in the Central City South area is the $1.60 price per square foot Chloe Model at 1125 N 11th St in the in the South Phoenix neighborhood starting from $1,999. The second greatest value Central City South apartment is the A2 Model at Rancho Montanas Senior Apartments starting at $1,002 with a $1.01 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1125 N 11th StChloe2BR,2BA$1.60
Rancho Montanas Senior ApartmentsA22BR,2BA$1.01
915 W Woodland Ave, Unit 915 UNIT 1915 W Woodland Ave2BR,1BA$1.57
722 W Moreland St, Unit 722722 W Moreland St1BR,1BA$1.65
Willetta ApartmentsApollo2BR,1BA$1.73
Matthew Henson ApartmentsOne Bedroom Garden1BR,1BA$2.00
McCarty on Monroe1 Bedroom (A)1BR,1BA$0.77
Roosevelt SquareStudio A1Studio ,1BA$2.03
Victory Place I-IVStudioStudio ,1BA$1.50
Ascent on BroadwayStudioStudio ,1BA$1.76

Quick 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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Central City South

What type of rentals are currently available in Central City South?

There are currently 382 Apartments for Rent in Central City South, AZ with pricing that ranges from $720 to $9,997. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central City South ranging from $899 to $3,500.

What is the current price range for Rental Homes in Central City South?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Central City South ranges from $899 to $3,500 with an average monthly rent of $1,876.

How much are larger Three and Four Bedroom Rentals in Central City South?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Central City South range from $1,069 to $9,997, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $3,499. Four Bedroom Single-Family rentals are also available starting from $1,995 and Four Bedroom Apartments start at $1,775.

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.

decorative image for A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ article

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).

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.