
Cheap Homes for Rent in Central City Neighborhood of Phoenix, AZ from $800 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Central City area of Phoenix.


1153 E Taylor St

1501 E Monroe St

1429 E Fillmore St

1102 E Polk St

739 E Pierce St

1938 E Jackson St

1228 E Taylor St
Phoenix's Best Affordable Neighborhoods
Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett
Central City, Phoenix, AZ Local Guide

How much does it cost to rent a home in Central City?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Central City 2 Bedroom Homes for Rent | $1,862 | $999 | $2,400 |
Central City 3 Bedroom Homes for Rent | $2,633 | $2,300 | $2,899 |
Central City 4 Bedroom Homes for Rent | $3,031 | $2,500 | $3,499 |
Browse Homes for Rent in this Neighborhood
There are currently 8 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 $647. VB on 12th has the second lowest priced unit, which is a Studio apartment currently listed from $949. 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 |
VB on 12th | A1 - Studio | Studio,1BA | $949 |
X Phoenix | COLIVING Suites in 4 BR/4BA | Studio,1BA | $950 |
Best Value Apartments for Rent in Central City, AZ
As of April 08, 2025 the best value apartment in the Central City area is the $2.85 price per square foot B3 Model at AVE Phoenix Sky in the in the Central City neighborhood starting from $3,458. The second greatest value Central City apartment is the B1.1 Model at Adeline Luxury Living starting at $3,906 with a $3.33 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. |
---|---|---|---|
AVE Phoenix Sky | B3 | 2BR,2BA | $2.85 |
Adeline Luxury Living | B1.1 | 2BR,2.5BA | $3.33 |
The Battery | A1 Loft | 1BR,1BA | $2.46 |
Mason Oliver | A1 | 1BR,1BA | $2.21 |
McCarty on Monroe | 1 Bedroom (A) | 1BR,1BA | $0.93 |
Agave Court | 1x1 | 1BR,1BA | $1.92 |
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 |
VB on 12th | A2 - Studio | Studio ,1BA | $3.09 |
Frequently Asked Questions about Central City
What type of rentals are currently available in Central City?
There are currently 99 Apartments for Rent in Central City, AZ with pricing that ranges from $899 to $5,050. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central City ranging from $899 to $3,499.
What is the current price range for Rental Homes in Central City?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Central City ranges from $899 to $3,499 with an average monthly rent of $2,106.
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.