Cheap Homes for Rent in Central Phoenix Neighborhood of Phoenix, AZ from $1,100 (16 Rentals)

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Search the lowest-cost Homes available for rent right now in the Central Phoenix 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

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property at 4949 N 7th St

4949 N 7th St

PhoenixAZ85014
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Central Phoenix, Phoenix, AZ Local Guide

Cheapest Available Central Phoenix Apartments for Rent

 

The cheapest available apartment rental in the Central Phoenix area of Phoenix, AZ is a Studio unit found at Collins off Colter* priced from $796. Seventh has the second lowest priced unit, which is a Studio apartment currently listed from $797. Here are the most affordable Central Phoenix apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Collins off Colter*S1U2Studio,1BA$796
SeventhStudio - ClassicStudio,1BA$797
The Venue on Camelback ApartmentsHoneyStudio,1BA$860
La Monte 21BR/1.0BA1BR,1BA$875
The ArcosStudioStudio,1BA$959

Best Value Apartments for Rent in Central Phoenix, AZ

As of April 14, 2025 the best value apartment in the Central Phoenix area is the $1.76 price per square foot The Wright Model at Novella at Biltmore in the in the Central Phoenix neighborhood starting from $3,199. The second greatest value Central Phoenix apartment is the C1RR Model at Citi on Camelback starting at $2,300 with a $1.66 price per square foot in the Encanto neighborhood. Here is today’s list of the best values for Central Phoenix apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Novella at BiltmoreThe Wright3BR,2.5BA$1.76
Citi on CamelbackC1RR3BR,2BA$1.66
Partenza on HighlandTwo Bedroom, One Bath2BR,1BA$1.76
Urbana on 12th2x22BR,2BA$1.84
Playton Place1 Bed, 1 bath1BR,1BA$1.58
Highland TerraceOne Bed/ One Bath1BR,1BA$1.53
Rise MidtownA31BR,1BA$1.82
Highland 24One Bed One Bath1BR,1BA$1.90
The ArcosStudioStudio ,1BA$1.71
La Monte 21BR/1.0BA1BR,1BA$1.59

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Frequently Asked Questions about Central Phoenix

What type of rentals are currently available in Central Phoenix?

There are currently 231 Apartments for Rent in Central Phoenix, AZ with pricing that ranges from $796 to $7,869. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Phoenix ranging from $1,100 to $7,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Central Phoenix ranges from $1,100 to $7,000 with an average monthly rent of $2,782.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Central Phoenix range from $1,770 to $7,869, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,850 to $4,000. Four Bedroom Single-Family rentals are also available starting from $3,400 and Four Bedroom Apartments start at $3,000.

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.

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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).

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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.

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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.

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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.