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

183 rentals available

Capri on Camelback
$1,009
5115 North 40th Street, Phoenix, AZ 85018
(980) 400-6719
52 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
44 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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Bask Deer Valley
26800 North 27th Avenue, Phoenix, AZ 85085
(209) 546-6927
$1,202+ moTotal price15-mo lease
22 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Luxury Living
Experience Modern Comfort in Scenic North Phoenix
Bask Deer Valley offers a luxurious lifestyle in the picturesque setting of North Phoenix. Residents enjoy modern amenities, with in-unit luxury finishes and community features like a resort-style pool and fitness center. Conveniently located with easy access to I-17, this is the perfect home for those seeking style and convenience.
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Rise Desert West
$950
6131 West Thomas Road, Phoenix, AZ 85033
(623) 292-7977
Rent Savings
21 units available
Studio • 1 bed • 2 bed
Amenities
On-site laundry, Patio / balcony, Dishwasher, Pet friendly, Parking, Recently renovated + more
Scenic Desert
Elevated living with desert charm and prime location.
Rise Desert West Apartments provide a stunning desert backdrop alongside enticing amenities and accessibility. Revel in nearby shopping and dining options, complemented by easy freeway access. Residents love the well-maintained facilities like the pool and gym, as well as the responsive management team.
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Best market deals
These units are the best deal in town.
1345 E CHANDLER Boulevard unit: 219 219
Studio • 1 Bath • 12326 sqft
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8821 N 7TH Street unit: 305 305
Studio • 1 Bath • 2377 sqft
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Lumina on 19th U201
1 Bed • 1 Bath • 501 sqft
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Inhabit on 7th 23
Studio • 1 Bath • 360 sqft
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Feb 25
Crosstown Phoenix East 185
Studio • 1 Bath • 375 sqft
Total monthly rent
$849
Available
Now
The Battery PHX
411 South 3rd Street, Phoenix, AZ 85004
(858) 726-4391
$1,460+ moTotal price12-mo lease
Rent Savings
34 units available
Studio • 1 bed • 2 bed
Amenities
Patio / balcony, Dishwasher, Pet friendly, Garage, Stainless steel, 24hr gym + more
Urban Oasis
Modern living meets downtown Phoenix excitement.
The Battery PHX offers an exciting urban lifestyle in downtown Phoenix. Its location provides easy access to vibrant entertainment, dining, and cultural venues. Residents praise the spacious, well-designed apartments and the attentive, helpful staff. Amenities such as a gym, dog park, and pool enhance the living experience.
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Altura
330 East Pierce Street, Phoenix, AZ 85004
(602) 461-7239
$1,199+ moTotal price12-mo lease
Rent Savings
26 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Hardwood floors, Pet friendly, Garage, Walk in closets, Gym + more
Urban Luxury
Modern high-rise living in vibrant Phoenix locale.
Altura offers luxurious high-rise living in Downtown Phoenix. Experience a vibrant lifestyle with easy access to exceptional dining, shopping, and cultural activities. Residents love the stunning rooftop pool, expansive fitness center, and the excellent service provided by the team. Cats and dogs are welcome, making it a perfect home for pet owners.
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Camelback Cove Apartments
$755
4802 North 12th Street, Phoenix, AZ 85014
(908) 883-3641
29 units available
Studio • 1 bed • 2 bed
Amenities
24hr laundry, Patio / balcony, Granite counters, Dishwasher, Pet friendly, 24hr maintenance + more
Pet-Friendly
Ideal Location with Excellent Amenities
Camelback Cove Apartments boast an ideal location in Phoenix with excellent amenities including a pool, 24hr gym, and recently renovated interiors. Residents love the friendly and helpful office staff, and praise the maintenance team for their prompt service. Its quiet environment and considerate neighbors create a family-friendly atmosphere. Plus, both cats and dogs are welcome here, adding to its charm.
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Spectra Midtown
$715
2030 West Indian School Road, Phoenix, AZ 85015
(949) 537-2880
Rent Savings
14 units available
Studio • 1 bed • 2 bed
Amenities
Pet friendly, Parking, Gym, Pool, Dog park, Trash valet + more
Pet Paradise
Prime Location for Easy Commuting in Phoenix
Spectra Midtown offers easy access to Phoenix's major highways, ensuring convenient commutes. Residents love the friendly management and rave about the well-kept amenities, including sparkling pools and a dedicated dog park. Both dogs and cats are welcome, and the community offers a valet trash service for added comfort.
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5.0
iLuminate
$1,335
290 East Roosevelt Street, Phoenix, AZ 85004
(602) 726-4454
Rent Savings
Top rated for Location
“This is our second time living at Iluminate. The location in the heart of Downtown Phoenix is great. It can be noisy, but you're in Downtown. Leasing is very helpful with any issues or questions you may have. Maintenance is fast. Parking has main floor and basement and is easy to park. Overall, I'm satisfied living at Iluminate.”
16 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Dishwasher, Pet friendly, 24hr maintenance, Garage, 24hr gym + more
Lifestyle Hub
Luxury living in Downtown Phoenix
iLuminate offers luxurious living in the heart of Downtown Phoenix. Situated in the vibrant Roosevelt Row district, it's surrounded by top-notch dining, entertainment, and cultural events. Residents enjoy premium amenities like a stunning rooftop lounge and resort-style pool. Cats and dogs are welcome, adding to the community's appeal.
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Ironwood at Happy Valley
$1,346
24025 N 23rd Ave, Phoenix, AZ 85085
(507) 502-5847
30 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Luxury Living
Enjoy small-town charm in an upscale neighborhood.
Ironwood at Happy Valley offers luxurious townhome-style living in a serene and safe community. Residents appreciate the upscale features like hardwood flooring and granite countertops, along with abundant nearby dining and entertainment options. With both dogs and cats welcome, a sparkling pool, and a modern fitness center, it's the ideal spot for pet lovers seeking resort-style amenities.
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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
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6234 E MONTEROSA Street 4 Bed
4 Beds • 3 Baths • 3628 sqft
Total monthly rent
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The Trend at 51 Apartment Homes
$1,280
1615 E Georgia Ave, Phoenix, AZ 85016
(602) 362-7399
Rent Savings
10 units available
Studio • 1 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Upscale Living
Elegant apartments with vibrant neighborhood and top-tier amenities.
The Trend at 51 Apartment Homes in Phoenix offers luxurious living with upscale apartments equipped with modern conveniences like granite countertops and in-unit laundry. Residents can enjoy fantastic amenities, including a 24/7 rooftop pool and gym, with breathtaking views. Located in a dynamic area, this pet-friendly community provides easy access to vibrant dining, shopping, and recreation options, making it a perfect choice for those seeking a refreshing lifestyle.
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Arcadia Gardens
$899
3101 N 32nd Street, Phoenix, AZ 85018
(602) 461-8645
7 units available
Studio • 1 bed • 2 bed
Amenities
24hr laundry, Putting green, Patio / balcony, Granite counters, Hardwood floors, Dishwasher + more
Pet Paradise
Thriving community with convenient pet-friendly policy.
Arcadia Gardens offers a serene environment with easy access to abundant dining and entertainment options. Residents praise the friendly management and pristine grounds, making it a pleasant place to call home. Pet-friendly amenities are a significant perk, welcoming both cats and dogs. Explore nearby parks, enhancing your lifestyle with nature and relaxation opportunities.
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Cabana North Valley
$1,145
33455 N North Valley Parkway, Phoenix, AZ 85085
(209) 362-3611
Rent Savings
15 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Nest technology, Pet friendly, 24hr maintenance, Parking, Stainless steel + more
Amenities Galore
Close to dining, shopping and more!
Cabana North Valley boasts thoughtfully designed spaces and top-tier amenities, making it an outstanding choice for modern living. Located conveniently near I-17, residents enjoy quick access to restaurants and shopping destinations. Community highlights include a stunning pool, a 24/7 gym, and a Zen Garden, offering endless moments of relaxation. With cats and dogs welcome, it’s perfect for pet lovers too.
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The Reserve on Cave Creek
$1,293
19635 North Cave Creek Road, Phoenix, AZ 85024
(602) 461-7792
Rent Savings
7 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Pet friendly, 24hr maintenance + more
Pet Haven
Pet-friendly, spacious homes with nearby parks and amenities.
The Reserve on Cave Creek offers pet-friendly residences with spacious layouts and sunrooms. Enjoy convenient proximity to beautiful parks, making it an ideal location for outdoor enthusiasts and pet owners. With in-unit laundry and elegant granite counters adding a touch of luxury, residents revel in the welcoming atmosphere and responsive staff.
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Streamliner 16
$839
1616 East Polk Street, Phoenix, AZ 85006
(623) 280-1821
Rent Savings
15 units available
Studio • 1 bed • 2 bed
Amenities
On-site laundry, Pet friendly, Parking, Stainless steel, Gym, Pool + more
Modern Comfort
Contemporary charm in Phoenix's vibrant Montezuma Heights.
Streamliner 16 offers a perfect blend of modern design and downtown convenience. With easy access to highways, and a host of entertainment and dining options, it caters to those seeking a vibrant lifestyle. Residents love the thoughtful amenities and functional floor plans tailored to modern living.
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Mirador
$799
2424 East Grandview Road, Phoenix, AZ 85032
(480) 646-3932
7 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, Parking + more
Pet Oasis
Stylish living in Phoenix with pet-friendly amenities
Mirador Apartments in Phoenix offer a stylish living experience with modern amenities and pet-friendly policies. Residents enjoy the convenience of in-unit laundry and a refreshing pool, complemented by beautiful views and a peaceful atmosphere. With 22 new favorites in the last week, Mirador is capturing the interest of renters seeking comfort and convenience.
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1 Bedroom Apartments in Phoenix (486)

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Phoenix Short-term Apartments (181)

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