Latest included observation:
Average Rent in Central City & Rent Trends
What is the average rent in Central City?
The average listed apartment rent in Central City is $2,626 per month, as of October 20, 2026. This sample includes 189 priced apartments in 6 buildings. These are tracked asking prices, not signed leases.
We use published total monthly rent when known and base rent otherwise. Unknown fees remain unknown. Included building observations run from October 16, 2026 through October 20, 2026. Buildings without a qualifying price do not count in this sample. The guide directory can include more buildings.
Rent prices and market trends across 6 apartment communities in Central City, Phoenix, AZ. Prices update after successful source checks.
Showing any bedrooms in Central City.
Market Average
$2,626/mo
▼ 13.4% from last month
Lowest Available
$1,288/mo
cheapest unit on market
Communities
6
tracked daily
Units Listed
189
available now
Rent Watch: cuts and increases
Open Rent Watch →0 cuts and 0 increases among 14 comparable listings this week. Filter by bedrooms and budget, then inspect each building’s history.
Central City vs Phoenix, AZ Average
Central City is more expensive than the Phoenix, AZ average by $735/mo (39%). The citywide average is $1,891/mo across all neighborhoods.
Is Rent Going Up or Down in Central City?
As of October 2026, the average rent in Central City is $2,626 per month across 6 apartment communities and 189 available units. Rents have decreased $408 (13.4%) over the past month.
The most affordable option is Union @ Roosevelt starting at $1,288/mo. By unit type, a studio averages $1,845/mo, a 1-bedroom averages $2,285/mo, a 2-bedroom averages $3,834/mo, a 3-bedroom averages $6,811/mo.
Prices range from $1,288 to $7,402 per month. The most common price point is the $1,800 range, where 39 units are currently listed.
Central City Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| August 2026 | $2,242 | - | 7 |
| September 2026 | $2,251 | +$9 | 7 |
| October 2026 | $2,082 | -$169 | 6 |
The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Central City
Rent Prices by Apartment in Central City
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Union @ Roosevelt | $1,288/mo | $1,989/mo | 12 | 4.3 |
| AVE Phoenix Terra | $1,338/mo | $1,700/mo | 7 | 4.7 |
| Cityscape Residences | $1,418/mo | $2,169/mo | 19 | 4.4 |
| Brix Warehouse District | $1,483/mo | $1,483/mo | 1 | 4.4 |
| Saiya | $1,592/mo | $2,798/mo | 147 | 4.7 |
| AVE Phoenix Sky | $1,864/mo | $2,157/mo | 3 | 5 |
Frequently Asked Questions About Rent in Central City
What is the average rent in Central City?
What rent range can I find in Central City?
Are rents going up or down in Central City?
How much is a studio apartment in Central City?
How much is a 1-bedroom apartment in Central City?
How much is a 2-bedroom apartment in Central City?
How much is a 3-bedroom apartment in Central City?
How do 1-bedroom and 2-bedroom rents compare in Central City?
Which tracked building has the lowest starting rent in Central City?
Which rent range has the most listings in Central City?
How many apartment listings do you track in Central City?
How much rent history is available for Central City?
Why can the headline rent differ from the trend chart in Central City?
Does my bedroom choice change the prices and answers?
Do these rents include utilities, parking, and other fees?
How should I compare free-rent offers with listed rent?
Does this page represent every rental in the market?
How fresh are the Central City rent figures?
What salary do I need to live comfortably in Central City?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$105,000/year
Based on the 30 percent rule, using our tracked average rent of $2,626/mo.
Comfortable income
$126,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,288/mo), you need to earn at least $52,000/year.
Median household income in Central City is $77,041 , about 39% below the comfortable-living threshold.
Explore Central City Apartments
Browse all 6 communities with daily-updated pricing and availability.
Cost of living in Central City
Overall prices in Central City runs above the national average by about 5% (BEA Regional Price Parity index 104.7, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Central City's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,626 |
| Utilities | $534 |
| Groceries | $531 |
| Transportation | $1,274 |
| Healthcare | $621 |
| Other goods and services | $994 |
| Estimated total | $6,582/mo |
Population
1,624,832
Median household income
$77,041
Census median rent
$1,458/mo
Census rent burden
30.4%
Median age
34.8
Mean commute
26 min
Google Search Trends for Central City Apartments
Search interest for apartments in this area over the past 12 months.