In this paper, we consider of generalized central complete and incomplete Bell polynomials called degenerate central complete and incomplete Bell polynomials. These polynomials are generalizations of the recently introduced central complete Bell polynomials and `degenerate' analogues for the central complete and incomplete Bell polynomials. We investigate some properties and identities for these polynomials. Especially, we give explicit formulas for the degenerate central complete and incomplete Bell polynomials related to degenerate central factorial numbers of the second kind.