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

188 rentals available

Capri on Camelback
$970
5115 North 40th Street, Phoenix, AZ 85018
(980) 400-6719
60 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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Colter Park
$890
909 W Colter Street, Phoenix, AZ 85013
(602) 783-8434
Rent Savings
45 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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Lydian
1314 North 3rd Street, Phoenix, AZ 85004
(602) 780-2746
$1,365+ moTotal price12-mo lease
Rent Savings
26 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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Portrait at Hance Park
1313 North 2nd Street, Phoenix, AZ 85004
(602) 566-9704
$1,300+ moTotal price12-mo lease
Rent Savings
37 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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Best market deals
These units are the best deal in town.
34975 North Valley Parkway unit: 152 0 Bed
Studio • 1 Bath • 4200 sqft
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Lumina on 19th H278
Studio • 1 Bath • 312 sqft
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Available
Now
1345 E CHANDLER Boulevard unit: 219 219
Studio • 1 Bath • 12326 sqft
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Available
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Cielo 322S
Studio • 1 Bath • 455 sqft
Total monthly rent
$771
Available
Now
8821 N 7TH Street unit: 2 2
Studio • 1 Bath • 5482 sqft
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View 32 Apartments
$1,349
10801 North 32nd Street, Phoenix, AZ 85028
(480) 530-6578
Rent Savings
12 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, New construction + more
Scenic Luxury
Luxurious living in a scenic Phoenix location.
View 32 Apartments offer a perfect blend of luxury and convenience, nestled in the scenic Shea Boulevard area of Phoenix. This pet-friendly community offers a wealth of amenities including pools, a clubhouse, and a state-of-the-art gym along with beautiful mountain views. A strong local appeal is found in nearby unique restaurants, gyms, and shops, all creating an ideal setting for comfortable and stylish living.
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San Rivello
$825
5333 East Thomas Road, Phoenix, AZ 85018
(781) 912-3546
Rent Savings
13 units available
Studio • 1 bed • 2 bed
Amenities
On-site laundry, Dishwasher, Pet friendly, Carport, Pool, Air conditioning + more
Resort Living
Unmatched indoor-outdoor living experience in Phoenix.
San Rivello Apartments offers an extraordinary indoor-outdoor living experience, allowing residents to enjoy the desert beauty with unmatched style. The well-maintained pool and amenities, including BBQ grill and air conditioning, provide endless relaxation. Residents praise the peaceful environment, friendly staff, and responsive maintenance.
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CIRQ 44
$1,240
111 N Dupont Cir, Phoenix, AZ 85034
(602) 714-9023
Rent Savings
21 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Dishwasher, Pet friendly, Garage + more
Prime Locale
Live amidst top dining, shopping in Phoenix, AZ
Discover CIRQ 44 in Phoenix, where convenience meets luxury. Located near premier dining and shopping hubs, it provides easy freeway access for seamless commutes. Enjoy a pet-friendly environment with an extensive list of amenities including a resort-style pool and vibrant clubhouse.
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5.0
The Urban
$907
3601 East McDowell Road, Phoenix, AZ 85008
(602) 848-8991
Top rated for Location
31 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Pet friendly, Carport, Recently renovated, Gym, Pool + more
Luxury Living
Cost-effective Luxury in a Prime Phoenix Spot
The Urban offers luxury living in Phoenix at a great value, with prices favorably positioned below the metro average. Residents appreciate its tranquil atmosphere, attentive staff, and immaculate amenities, making it a delightful place to call home. The property's array of high-end amenities ensure comfort, convenience, and style.
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Harwood on Cave Creek
$1,350
2500 E Marco Polo Rd, Phoenix, AZ 85050
(480) 906-4264
Rent Savings
13 units available
Studio • 1 bed • 2 bed
Amenities
Dishwasher, Pet friendly, Parking, Gym, Pool, Dog park + more
Desert Elegance
Modern oasis in scenic Arizona desert.
Harwood on Cave Creek offers a blend of modern design and rustic charm, nestled within the beautiful Sonoran Desert. This peaceful and aesthetically pleasing community is described as a five-star experience by residents. The property features a range of amenities, including a gym, pool, and EV charging stations, making it a perfect spot to call home.
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Tides on 27th
$708
6131 N 27th Ave, Phoenix, AZ 85014
(602) 806-9422
Rent Savings
50 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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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 unit: 43 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
Total monthly rent
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Rates Vary: $22,495 - $39,995 5 Beds, 6 Baths, $22495
5 Beds • 6 Baths • 5471 sqft
Total monthly rent
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Available
May 1
5.0
Manor Scottsdale
$1,463
13220 North Scottsdale Road, Phoenix, AZ 85254
(623) 343-7260
Rent Savings
Top rated for Location
“Have had no issues, clean property amazing leasing team.”
24 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
Golf room, Hardwood floors, Dishwasher, Pet friendly, Parking, and Microwave
Ultimate Convenience
Luxurious living near Scottsdale's upscale amenities.
Manor Scottsdale offers a prime location in Phoenix with quick access to upscale shopping and dining options. Residents praise the community for its luxurious amenities, stunning design, and modern finishes. Both cats and dogs are welcome, ensuring a pet-friendly atmosphere for all.
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Konrad
901 E Van Buren St, Phoenix, AZ 85006
(602) 899-2187
$2,072+ moTotal price12-mo lease
Rent Savings
20 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Hardwood floors, Dishwasher, Pet friendly, Garage, Stainless steel + more
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Preston at Biltmore
$1,225
2323 E. Highland, Phoenix, AZ 85016
(864) 481-8863
Rent Savings
41 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Nest technology, Patio / balcony, Granite counters, Pet friendly, 24hr maintenance + more
Amenities Galore
Ultimate comfort and recreational paradise in Phoenix.
Preston at Biltmore captivates with an extensive range of amenities, including a two-story fitness center, two pools, and a breathtaking sky lounge. The prime Phoenix location is a stone's throw from shopping, dining, and the picturesque Camelback Mountain for adventurous hikes. Residents love the friendly and responsive staff, as well as the vibrant community events.
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Kinley at Biltmore
$799
2912 East Indian School Road, Phoenix, AZ 85016
(262) 290-2286
Rent Savings
6 units available
Studio • 1 bed
Amenities
On-site laundry, Patio / balcony, Hardwood floors, Pet friendly, All utils included, Parking + more
Great Value
Chic and connected Phoenix living
At Kinley at Biltmore, experience modern living in a recently renovated complex that residents rave about. Situated at an undeniably cost-effective price point, this property provides easy access to numerous dining and shopping facilities. It is a welcoming environment for pets, complete with its own dog park.
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Mason Oliver Apartments
11 S 12th St, Phoenix, AZ 85034
(480) 568-4272
$1,079+ moTotal price12-mo lease
Rent Savings
28 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Pet friendly, Garage, Recently renovated, Stainless steel, Gym + more
Luxury Living
Experience elevated lifestyle in Phoenix's million marvels.
Mason Oliver Apartments offer top-tier amenities with hardwood floors, stainless steel appliances, and more. It's ideally located in Downtown Phoenix, within walking distance to Chase Field and ASU. Residents enjoy the quiet atmosphere and premium features like a resort-style pool and upgraded fitness center. With both dogs and cats allowed, it's perfect for pet enthusiasts.
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5.0
BROADSTONE 7th Street
5727 North 7th Street, Phoenix, AZ 85014
(708) 613-8223
$1,474+ moTotal price12-mo lease
Rent Savings
Top rated for Location
19 units available
Studio • 1 bed • 2 bed
Amenities
Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, Garage, Stainless steel + more
Pet Paradise
Luxury living with vibrant local scene and pet-friendly perks
Broadstone on 7th offers a lush combination of urban elegance and tranquility right in Phoenix. Situated in a lively district, this property excels with its modern design and extensive amenities. Residents love the pet-friendly environment, complete with a dedicated dog park, and the vibrant neighborhood full of dining and entertainment options within walking distance.
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More Rental Options

Bedrooms

1 Bedroom Apartments in Phoenix (485)

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Amenities

Property Type

Phoenix Short-term Apartments (185)

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