Is it OK to live in a studio apartment in Phoenix?

Yes — an efficiency or studio apartment is an awesome choice, especially for students, young professionals, or minimalists. With the lower rent and smaller size, a Phoenix studio rental is budget friendly and easy to maintain. This allows you to save time and resources, giving you more chances to explore all that this vibrant city offers.

Where is the most affordable place to live in Phoenix?

Phoenix boasts a large range of affordable neighborhoods, so if you’re looking for a Phoenix studio apartment on a budget, here are a few options: – North Mountain : This area takes advantage of McDowell Mountain Regional Park's breathtaking desert landscape. Here, you’ll be able to enjoy a myriad of outdoor activities, from golf to hiking to picnics. – Maryvale : This neighborhood is a diverse, historical area near downtown Phoenix’s recreation facilities and restaurants. – South West Valley : This expansive area offers a blend of affordable residences with the welcoming atmosphere of a close-knit community.

How much does it cost to live comfortably in Phoenix?

Generally, Phoenix is about on par with the national average when it comes to the cost of living . But it’s been on a downward trend recently, which is great news for new and existing residents alike. In fact, the city is among the most affordable places to live in Arizona . If you’re ready to find an apartment in Phoenix, you can expect median prices to be around: 1BR : $1,150/month 2BR : $1,371/month To live comfortably, tenants should spend no more than 30% of their monthly income on rent. That means if someone wants to rent a one-bedroom apartment in Phoenix, they should earn $3,450 per month, or $41,400 annually.

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Studio Apartments for Rent in Phoenix, AZ

192 rentals available

1 of 32
Colter Park
$830
909 W Colter Street, Phoenix, AZ 85013
(602) 783-8434
47 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Central Comfort
Conveniently Located with Premier Services and Amenities
Colter Park offers a tranquil lifestyle amidst a vibrant location. Enjoy seamless commutes with proximity to major freeways and the Metro Light Rail. Residents love the professional management and maintenance teams, ensuring a clean and well-serviced environment. Dogs and cats are welcome, and exceptional amenities include a pool, gym, and dog park.
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1 of 19
Capri on Camelback
$915
5115 North 40th Street, Phoenix, AZ 85018
(980) 400-6719
78 units available
Studio • 1 bed • 2 bed
Amenities
On-site laundry, Patio / balcony, Hardwood floors, Pet friendly, 24hr maintenance, Garage + more
Luxurious Living
Experience upscale comfort and style in Phoenix
Capri on Camelback offers luxury apartments with unique decorative flair and exceptional amenities. Residents enjoy the convenience of nearby shopping, dining, and entertainment options. The community's resort-style pool and fitness center provide extraordinary leisure and wellness opportunities.
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Tides on 27th
$795
6131 N 27th Ave, Phoenix, AZ 85014
(602) 806-9422
Rent Savings
49 units available
Studio • 1 bed • 2 bed
Amenities
W/D hookup, Dishwasher, Pet friendly, Recently renovated, Stainless steel, Pool + more
Stylish Living
Modern apartments in the vibrant Phoenix area.
Experience stylish living at Tides on 27th, a pet-friendly community. Residents love the contemporary finishes, spacious layouts, and abundant natural light in each home. Convenient amenities like on-site laundry and online portals enhance your lifestyle.
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Lydian
$1,265
1314 North 3rd Street, Phoenix, AZ 85004
(602) 780-2746
Rent Savings
25 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Central Luxury
Luxury living in the heart of Phoenix
Experience luxury living at Lydian in Phoenix, a hub of modern design with spacious layouts and high-quality finishes. Cats and dogs are welcome, adding to the community's vibrant atmosphere. The property's prime location offers easy access to downtown attractions and restaurants, coupled with serene surroundings. Spend your days exploring nearby parks and entertainment, or relax in the well-equipped fitness center and resort-style pool.
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Best market deals
These units are the best deal in town.
34975 North Valley Parkway 152
Studio • 1 Bath • 4200 sqft
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Crosstown Phoenix East 266
Studio • 1 Bath • 375 sqft
Total monthly rent
$759
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8821 N 7TH Street 305
Studio • 1 Bath • 2377 sqft
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Sunrise on 35th N-272
Studio • 1 Bath • 300 sqft
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Lumina on 19th Aa124
Studio • 1 Bath • 384 sqft
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Portrait at Hance Park
1313 North 2nd Street, Phoenix, AZ 85004
(602) 566-9704
$1,195+ moTotal price12-mo lease
Rent Savings
27 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Downtown Oasis
Luxury living at downtown Phoenix's vibrant core.
Portrait at Hance Park offers luxurious apartments in the heart of Phoenix. Positioned in a prime downtown location, residents enjoy easy access to unique local dining, shopping, and entertainment options. Alongside its convenient setting, the community boasts top-tier amenities like a wellness center, resort-style pools, and pet-friendly walking paths for a vibrant living experience.
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Spectra Midtown
$839
2030 West Indian School Road, Phoenix, AZ 85015
(602) 905-3366
Rent Savings
7 units available
Studio • 1 bed • 2 bed
Amenities
On-site laundry, Pet friendly, Parking, Recently renovated, Walk in closets, Gym + more
Vibrant Location
Convenience and Comfort in Phoenix's Exciting Locale
Spectra Midtown offers an exciting lifestyle with proximity to the vibrant Melrose District and quick access to major highways. This property features stellar amenities like a pool, gym, and yoga studio, perfect for an active lifestyle. Residents love the spacious, well-maintained apartments and appreciate the responsive management team. Dogs and cats are welcome, making it an ideal choice for pet owners.
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La Cima Apartments
$945
6060 N 7th Street, Phoenix, AZ 85014
(928) 612-1632
Rent Savings
2 units available
Studio • 1 bed
Amenities
On-site laundry, Patio / balcony, Dishwasher, Pet friendly, All utils included, 24hr maintenance + more
Pet-Friendly Oasis
Comfort and convenience in Phoenix's central hub.
La Cima Apartments welcomes you to Phoenix's heart, effortlessly blending comfort with convenience. With close access to Highway 51, daily commuting and city exploration are remarkably easy. The apartment's modern amenities and community-centric environment make it an inviting choice for pet owners and those seeking a vibrant lifestyle.
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The Common
$1,421
4225 N 32nd St,, Phoenix, AZ 85018
(602) 584-1396
11 units available
Studio • 1 bed
Amenities
In unit laundry, Patio / balcony, Pet friendly, 24hr maintenance, Garage, Walk in closets + more
Pet Paradise
Luxury living in vibrant Arcadia Lite neighborhood.
The Common offers an engaging community atmosphere, praised by residents for its vibrant social setting and pet-friendly environment. Located in Arcadia Lite, enjoy nearby dining and entertainment options. Modern amenities like a 24/7 fitness center and entertainment pool enrich the luxury lifestyle this community provides.
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Cove on 44th
$849
4030 N 44th Ave, Phoenix, AZ 85031
(267) 367-6128
Rent Savings
13 units available
Studio • 1 bed
Amenities
In unit laundry, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance, Cable included + more
Modern Oasis
Stylish living with great value and prime convenience.
Cove on 44th offers a harmonious blend of style and value, positioned 38% below the metro price average. Experience contemporary living with amenities like a resort-style pool and spacious layouts equipped with quartz countertops and stainless steel appliances. Enjoy easy access to dining, entertainment, and recreation within walking distance.
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Escondido Apartments
$1,099
4422 N 36th St, Phoenix, AZ 85018
(602) 759-9466
Rent Savings
5 units available
Studio • 1 bed
Amenities
On-site laundry, Pet friendly, 24hr maintenance, Carport, Walk in closets, 24hr gym + more
Serene Living
Prime Arcadia location with lush gardens and top amenities.
Escondido Apartments offers a tranquil oasis with charming garden-style landscaping and a sparkling swimming pool. Nestled in the vibrant Arcadia neighborhood, residents enjoy easy access to retail, dining, and entertainment. Residents rave about the 24-hour gym and pet-friendly options, with nearby trails perfect for outdoor adventures.
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Luxury apartments
Top units for an elevated lifestyle.
5632 N CAMELBACK CANYON Drive 5 Bed
5 Beds • 6 Baths • 7272 sqft
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4925 E Red Rock Drive # 43
5 Beds • 6 Baths • 5800 sqft
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6010 E CHOLLA Lane 3 Bed
3 Beds • 4 Baths • 5054 sqft
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Rates Vary: $24,995 - $44,995 3 Beds, 3.5 Baths, $24995
3 Beds • 3.5 Baths • 4258 sqft
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3112 E Palo Verde Drive 5 Bed
5 Beds • 7 Baths • 6026 sqft
Total monthly rent
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The Cara
$820
4325 N 23rd Ave, Phoenix, AZ 85015
(484) 246-7984
Rent Savings
3 units available
Studio • 1 bed • 2 bed
Amenities
On-site laundry, Pet friendly, Carport, Walk in closets, Pool, Dog park + more
Resort Oasis
Serene community in central Phoenix locale.
The Cara offers a serene living environment in central Phoenix, complemented by beautifully renovated apartments. Residents enjoy top-notch service from a dedicated management team. With amenities like a pool, dog park, and playground, it's perfect for those seeking a pet-friendly community.
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Canyon 35
$799
4336 N 35th Ave, Phoenix, AZ 85017
(602) 641-4492
5 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Value Gem
Top value with luxury amenities in Phoenix.
Canyon 35 offers exceptional value with prices below the metro average, complemented by luxurious amenities. Residents love the modern renovations and upscale features like granite countertops. Enjoy a pet-friendly community with a pool and 24-hour gym, perfect for convenient and active living.
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The Loreto
$748
1350 E Thomas Rd, Phoenix, AZ 85014
(775) 310-7691
13 units available
Studio • 1 bed
Amenities
On-site laundry, Cats allowed, Walk in closets, Pool, Dog park, Air conditioning + more
Dynamic Community
Prime location near Phoenix's hotspots.
The Loreto Apartments offer an exquisite blend of modern living in a vibrant area of Phoenix. Residents love the efficient and professional maintenance, fostering a comfortable living experience. With easy access to downtown Phoenix and the excitement of Camelback and the Biltmore, commuting and exploring are a breeze.
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Tesoro
$849
8603 N 22nd Ave, Phoenix, AZ 85021
(507) 682-7312
6 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Carport + more
Central Comfort
Prime location with modern amenities and pet-friendly options.
Tesoro Apartments in Phoenix offers a remarkable living experience with modern upgrades and a central location. Residents love the peaceful atmosphere and efficient management. The property is pet friendly, making it a great choice for cat and dog owners. Enjoy easy access to a variety of parks, schools, and public transport options nearby.
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Golden Key
$699
3675 West Osborn Road, Phoenix, AZ 85019
(480) 908-8599
7 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Hardwood floors, Pet friendly, 24hr maintenance, Parking, Recently renovated + more
Pet-Friendly
Cost-effective living with modern amenities in Phoenix.
Golden Key Apartments offer a vibrant lifestyle in Phoenix with easy access to freeways, shopping, and dining. Residents enjoy modern renovations, including stainless steel appliances and elegant vinyl plank flooring. The community is welcoming to cats and dogs, making it a perfect home for pet owners. Enjoy amenities like a sparkling pool, convenient on-site laundry, and easy storage solutions.
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Summit on Thomas
$750
2735 E Thomas Road, Phoenix, AZ 85016
(480) 725-3789
2 units available
Studio • 1 bed
Amenities
In unit laundry, Pet friendly, Parking, Recently renovated, Stainless steel, Walk in closets + more
Modern Living
Upgraded units with stellar amenities in Phoenix.
Summit on Thomas offers a dynamic blend of modern style and convenience. Residents love the spacious living with quartz countertops, stainless steel appliances, and in-unit laundry. The community features two revamped pools and dual fitness centers for a lively lifestyle. Located near shopping, dining, and entertainment, it's a vibrant community in Phoenix.
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1 Bedroom Apartments in Phoenix (502)

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Phoenix Short-term Apartments (186)

Find Studio Apartments in Phoenix

Whether you’re spending time in the city or exploring natural wonders, you’ll never be bored living in Phoenix, Arizona. Outdoor enthusiasts will love Phoenix’s proximity to the Grand Canyon or Papago Park. And if you’re interested in the nightlife, head to the Crescent Ballroom for some live music and from-scratch cooking.

Between cultural events in Heritage Square, professional sports at the Footprint Center, and specialty museums like the Arizona Science Centre, there’s an attraction for every taste and lifestyle.

With so much going on, the city is experiencing a hot real estate market, especially if you’re a young professional seeking studios in Phoenix, Arizona. To find your dream home, you need a better house-hunting strategy than typing “studio apartments for rent near me” into Google.

Thankfully, there’s Apartment List. Whether you’re looking to live in one of the city’s bustling hubs or a more sedate suburb close to outdoor attractions, we can help you find your ideal studio apartment for rent in Phoenix.

Simply download the app from Google Play or the App Store and complete the Renter Quiz. Our AI will match rentals to your specifications, whether you’re looking for hardwood floors, air conditioning, or a dog-friendly unit. In no time, you’ll be booking a tour of the perfect Phoenix studio rental from the palm of your hand.

It’s fast and easy, so you can start enjoying life in the Valley of the Sun.

Frequently Asked Questions (FAQs)

Phoenix boasts a large range of affordable neighborhoods, so if you’re looking for a Phoenix studio apartment on a budget, here are a few options:
– North Mountain: This area takes advantage of McDowell Mountain Regional Park's breathtaking desert landscape. Here, you’ll be able to enjoy a myriad of outdoor activities, from golf to hiking to picnics.
– Maryvale: This neighborhood is a diverse, historical area near downtown Phoenix’s recreation facilities and restaurants.
– South West Valley: This expansive area offers a blend of affordable residences with the welcoming atmosphere of a close-knit community.
Generally, Phoenix is about on par with the national average when it comes to the cost of living. But it’s been on a downward trend recently, which is great news for new and existing residents alike. In fact, the city is among the most affordable places to live in Arizona.
If you’re ready to find an apartment in Phoenix, you can expect median prices to be around:
1BR: $1,150/month
2BR: $1,371/month
To live comfortably, tenants should spend no more than 30% of their monthly income on rent. That means if someone wants to rent a one-bedroom apartment in Phoenix, they should earn $3,450 per month, or $41,400 annually.

City Guide for Phoenix, AZ

Phoenix is nestled in the low desert valley of Southern Arizona amongst saguaro cacti and a lot of mountains. In fact, nearly any which way you look from within Phoenix limits you’ll have a beautiful view of the mountains that ring the greater metropolitan area with some of the more local mountains spruced in between. In other words, you probably want help finding a place with a view, and that's what this guide is for.

If you're moving to Phoenix for the first time, there's a few things you should know about the city

View Phoenix City Guide