
Cheap Apartments for Rent in the Central City Neighborhood of Phoenix, AZ from $600 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central City area of Phoenix.


2237 E Taylor St

328 N 11th Pl

X Phoenix

VB on 12th

1241 E McKinley St

1210 E Van Buren St

Agave Court

1422 E Adams St

Mason Oliver
Phoenix's Best Affordable Neighborhoods
Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett

AVE Phoenix Sky

The Battery

The Ryan
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 | $1,514 | $950 | $2,400 |
Central City 1 Bedroom Apartments | $2,054 | $899 | $3,059 |
Central City 2 Bedroom Apartments | $3,044 | $1,250 | $4,785 |
Central City 3 Bedroom Apartments | $3,049 | $1,350 | $5,050 |
Browse Apartments in this Neighborhood
There are currently 21 rentals with your search options within a 1 mile radius of the Central City Neighborhood of Phoenix, AZ.
See all Apartments in PhoenixExplore Phoenix
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 $647. 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 | $647 |
X Phoenix | COLIVING Suites in 4 BR/4BA | Studio,1BA | $950 |
VB on 12th | A1 - Studio | Studio,1BA | $964 |
Agave Court | 1x1 | 1BR,1BA | $1,199 |
Kenect Phoenix | Jr. Studio Furnished | Studio,1BA | $1,200 |
Best Value Apartments for Rent in Central City, AZ
As of April 13, 2025 the best value apartment in the Central City area is the $3.33 price per square foot B1.1 Model at Adeline Luxury Living in the in the Central City neighborhood starting from $3,906. The second greatest value Central City apartment is the 2x2 Model at Agave Court starting at $1,699 with a $1.83 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. |
---|---|---|---|
Adeline Luxury Living | B1.1 | 2BR,2.5BA | $3.33 |
Agave Court | 2x2 | 2BR,2BA | $1.83 |
McCarty on Monroe | 1 Bedroom (A) | 1BR,1BA | $0.93 |
Mason Oliver | A1 | 1BR,1BA | $2.21 |
The Battery | A-1 | 1BR,1BA | $2.48 |
The Tailor | 1 Bed 1 Bath | 1BR,1BA | $3.08 |
The Ryan | S2 | Studio ,1BA | $3.00 |
1933 E Monroe St | Studio | 1BR,1BA | $2.90 |
AVE Phoenix Sky | E2 | Studio ,1BA | $3.17 |
VB on 12th | A2 - Studio | Studio ,1BA | $3.14 |
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 $1,530.
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 $647, while the average apartment in Central City costs $3,075.
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 44 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 $417 which is $2,658 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).

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.

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.

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.