328 N 11th Pl
PhoenixAZ85006
Cheap Apartments for Rent in the Central City Neighborhood of Phoenix, AZ from $600 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central City area of Phoenix.
2238 E Polk St
PhoenixAZ85006
2237 E Taylor St
PhoenixAZ85006
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Rent Specials
from $950Studio to 2 Bedroom Apartments Available Now
X Phoenix
200 W Monroe StPhoenix, AZ 85003
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Rent Specials
from $988Studio to 1 Bedroom Apartments Available Now
VB on 12th
220 N 12th StPhoenix, AZ 85034
325 North 11th St
PhoenixAZ85006
2225 E Taylor St
PhoenixAZ85006
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
2234 E Polk St
PhoenixAZ85006
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from $1,295Studio to 3 Bedroom Apartments Available Now
Mason Oliver
11 S 12th StPhoenix, AZ 85034
1421 E Fillmore St
PhoenixAZ85006
1457 E Taylor St
PhoenixAZ85006
401 N 13th Pl
PhoenixAZ85006
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Rent Specials
from $1,395Studio to 2 Bedroom Apartments Available Now
AVE Phoenix Sky
601 N 3rd AvePhoenix, AZ 85003
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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1502 E Adams St
PhoenixAZ85034
1153 E Taylor St
PhoenixAZ85006
1505 E Monroe St
PhoenixAZ85034
1429 E Fillmore St
PhoenixAZ85006
1634 E Monroe St
PhoenixAZ85034
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
610 N 9th St
PhoenixAZ85006
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1329 E Polk St
PhoenixAZ85006
739 E Pierce St
PhoenixAZ85006
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1460 E Fillmore St
PhoenixAZ85006
1021 E McKinley St
PhoenixAZ85006
Phoenix's Best Affordable Neighborhoods
Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett
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Showing Results 1-29, Page 1 of 1
Central City, Phoenix, AZ Local Guide
How much does it cost to rent an apartment in Central City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central City Studio Apartments | $1,523 | $950 | $2,400 |
| Central City 1 Bedroom Apartments | $2,016 | $800 | $3,600 |
| Central City 2 Bedroom Apartments | $2,893 | $1,045 | $4,350 |
| Central City 3 Bedroom Apartments | $2,950 | $1,400 | $5,050 |
Browse Apartments in this Neighborhood
There are currently 29 rentals with your search options within a 1 mile radius of the Central City Neighborhood of Phoenix, AZ.
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Cheapest Available Central City Apartments for Rent
The cheapest available apartment rental in the Central City area of Phoenix, AZ is a 1 Bed unit found at McCarty on Monroe priced from $717. X Phoenix has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here are the most affordable Central City apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| McCarty on Monroe | 1 Bedroom (A) | 1BR,1BA | $717 |
| X Phoenix | COLIVING Suites in 4 BR/4BA | Studio,1BA | $950 |
| VB on 12th | A1 - Studio | Studio,1BA | $988 |
| Kenect Phoenix | Jr. Studio Furnished | Studio,1BA | $1,175 |
| Mason Oliver | A1 | 1BR,1BA | $1,395 |
| PALMTower | 0 Bed/1 Bath | Studio,1BA | $1,449 |
| 1933 E Monroe St | Studio | 1BR,1BA | $1,450 |
| The Battery | A-1 | 1BR,1BA | $1,460 |
| Adeline Luxury Living | S3 | Studio,1BA | $1,745 |
| The Tailor | 1 Bed 1 Bath | 1BR,1BA | $1,850 |
Best Value Apartments for Rent in Central City, AZ
As of May 17, 2025 the best value apartment in the Central City area is the $3.41 price per square foot 3 Bed/3 Bath Model at PALMTower in the in the Central City neighborhood starting from $4,800. The second greatest value Central City apartment is the B3 Model at AVE Phoenix Sky starting at $3,358 with a $2.76 price per square foot in the Central City neighborhood. Here is today’s list of the best values for Central City apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| PALMTower | 3 Bed/3 Bath | 3BR,3BA | $3.41 |
| AVE Phoenix Sky | B3 | 2BR,2BA | $2.76 |
| Adeline Luxury Living | B1.1 | 2BR,2.5BA | $3.33 |
| Agave Court | 2x2 | 2BR,2BA | $2.02 |
| The Battery | B-1 | 2BR,2BA | $2.49 |
| McCarty on Monroe | 1 Bedroom (A) | 1BR,1BA | $1.04 |
| Mason Oliver | A1 | 1BR,1BA | $2.02 |
| The Tailor | 1 Bed 1 Bath | 1BR,1BA | $3.08 |
| 1933 E Monroe St | Studio | 1BR,1BA | $2.90 |
| VB on 12th | A1 - Studio | Studio ,1BA | $3.08 |
Getting Around the Central City Neighborhood in Phoenix, AZ
Walk Score®
53 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
65 / 100
Bikeable
Some bike infrastructure
Transit Score®
54 / 100
Good Transit
Many 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 Apartments
What is a cheap apartment in Central City?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Central City is under $1,850.
What is the price of a cheap apartment in Central City?
The cheapest apartment in Central City is McCarty on Monroe which is listed at $717, while the average apartment in Central City costs $3,027.
What types of apartments are the cheapest in Central City?
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 37 regular apartments in Central City 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 City?
Cheap apartments in Central City have an average cost of $343 which is $2,684 cheaper than the average rent for all rentals in Central City.
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).
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.