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 19
The Astor at Osborn by Mark-Taylor
$1,350
3300 North 7th Avenue, Phoenix, AZ 85013
(602) 755-4079
Rent Savings
16 units available
Studio • 1 bed • 2 bed
Amenities
Nest technology, Patio / balcony, Dishwasher, Pet friendly, Garage, Recently renovated + more
Luxury Living
Modern apartments near restaurants and entertainment
Located just minutes from downtown Phoenix, The Astor at Osborn offers luxury living with convenient access to a range of cuisines and entertainment. Residents love the modern amenities, including a resort-style pool and spacious interiors. The staff, known for their friendly and attentive service, helps create a welcoming community feel.
Recently updated units
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1 of 25
PALMtower
$1,475
440 East Van Buren Street, Phoenix, AZ 85004
(623) 343-1863
Rent Savings
28 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, Garage + more
Urban Oasis
Central city living with luxury amenities nearby.
PALMtower offers an extraordinary urban living experience in Downtown Phoenix, renowned for its vibrant neighborhood and premium amenities. This location is just steps from premier dining and entertainment, ensuring the best of city life is at your doorstep. Residents praise the 7th-floor Sky Deck with its inviting pool and hot tub, while pet owners enjoy the convenient on-site dog park and pet spa.
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CityScape Residences
$1,573
11 South Central Avenue, Phoenix, AZ 85004
(602) 806-9527
Rent Savings
10 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Prime Location
Downtown Phoenix Elegance and Vibrancy Await You
CityScape Residences offer an exclusive address in Downtown Phoenix, surrounded by a multitude of dining and entertainment options. The property boasts top-tier amenities, such as a 24-hour heated pool and a state-of-the-art fitness center. With a pet-friendly policy, both cats and dogs are welcome in this vibrant community.
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Biltmore on the Lake
$749
11050 North Biltmore Drive, Phoenix, AZ 85029
(341) 212-7896
Rent Savings
40 units available
Studio • 1 bed • 2 bed
Amenities
On-site laundry, Patio / balcony, Granite counters, Dishwasher, Pet friendly, 24hr maintenance + more
Serene Living
Peaceful oasis near shopping and dining in Phoenix.
Biltmore on the Lake offers a tranquil living experience with beautifully maintained grounds in the heart of Phoenix. Pets are welcome, with both dogs and cats allowed, making it a perfect home for pet owners. Residents enjoy top-notch amenities like a sparkling pool and modern fitness center, enhancing their lifestyle. The property's location ensures easy access to nearby shopping, dining, and public transportation.
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Parc Midtown
$1,335
3993 North 3rd Avenue, Phoenix, AZ 85013
(334) 458-9483
25 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Nest technology, Patio / balcony, Granite counters, Hardwood floors, Dishwasher + more
Modern Oasis
Resort-style living in a vibrant setting.
Parc Midtown offers a resort-like atmosphere with top-notch amenities. Enjoy the refreshing pool, state-of-the-art gym, and a welcoming pet environment. Its prime location near the light rail ensures seamless transit and easy access to local attractions, dining, and entertainment.
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4.0
The Turn
$1,200
14602 N 19th Ave, Phoenix, AZ 85203
(231) 403-6565
Rent Savings
Top rated for Location
“Still have kitchen lights going out on their own. Need new filter for my a/c after living here for 10 months.”
8 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, Garage, Recently renovated + more
Luxury Hub
Prime location with modern, pet-friendly amenities.
The Turn Apartments offers a seamless combination of comfort and luxury in Phoenix. With in-home washers and dryers in every unit, residents enjoy convenience at its best. The well-maintained community is pet-friendly, featuring direct-access to golf course trails, ensuring a welcoming atmosphere for all. Residents commend the spacious, beautifully designed floor plans and efficient management team.
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Phoenix - Airport
$1,469
3421 E. Elwood St, Phoenix, AZ 85040
(602) 539-2494
Rent Savings
8 units available
Studio
Amenities
On-site laundry, Pet friendly, All utils included, Cable included, Recently renovated, Coffee bar + more
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Camino Tomas
$1,194
4630 E Thomas Rd, Phoenix, AZ 85018
(602) 353-7832
5 units available
Studio • 1 bed
Amenities
On-site laundry, Pet friendly, 24hr maintenance, Parking, Gym, Pool + more
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Phoenix - Deer Valley
$1,709
20827 N. 27th Ave, Phoenix, AZ 85027
(623) 263-5446
Rent Savings
5 units available
Studio
Amenities
On-site laundry, Pet friendly, All utils included, Cable included, Recently renovated, Coffee bar + more
Recently updated units
Verified listing
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15 on Cambridge
$1,250
1632 East Cambridge Avenue, Phoenix, AZ 85006
(480) 542-9599
2 units available
Studio • 1 bed
Amenities
On-site laundry, Patio / balcony, Dishwasher, Pet friendly, Parking, Air conditioning + more
Pet Welcoming
Pet-friendly with modern amenities and spacious living.
15 on Cambridge offers spacious one, two, and three-bedroom apartments in a quiet, yet conveniently located neighborhood. Residents enjoy designed landscaping, individual patios, and an outdoor community lounge. Cats and small dogs are welcome, enhancing the pet-friendly appeal. Modern amenities like on-site laundry and renovated kitchens make it an ideal place to call home.
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Phoenix - North
$1,319
8808 North Black Canyon Highway, Phoenix, AZ 85051
(928) 843-0609
Rent Savings
5 units available
Studio
Amenities
On-site laundry, Pet friendly, All utils included, Cable included, Recently renovated, Coffee bar + more
Inclusive Utilities
Free utilities and Wi-Fi in convenient Phoenix location
At Phoenix - North, experience the comfort of fully furnished living with all utilities included. This pet-friendly community welcomes both cats and dogs, making it ideal for pet owners. Residents appreciate the convenience of on-site laundry facilities and easy access to public transportation.
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Phoenix - Airport - East Oak Street
$1,469
4357 East Oak Street, Phoenix, AZ 85008
(928) 370-5380
Rent Savings
5 units available
Studio
Amenities
On-site laundry, Pet friendly, All utils included, Cable included, Recently renovated, Coffee bar + more
Inclusive Living
All utilities covered, pet-friendly furnished studios available!
Experience fully furnished studios with all utilities included, no extra bills! Enjoy pet-friendly accommodation that includes a refrigerator, stove top, microwave, and more. The property's convenient location offers easy access to nearby shopping centers and dining options, enhancing your living experience.
Recently updated units
Verified listing
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Phoenix - West
$1,259
1360 N 43rd Ave, Phoenix, AZ 85009
(602) 759-9087
Rent Savings
5 units available
Studio
Amenities
On-site laundry, Pet friendly, Recently renovated, E-payments, Online portal, Microwave + more
Utility-Inclusive
Furnished studios with free utilities and full kitchens.
The property offers furnished studio apartments with all utilities included, making it a fantastic choice for effortless living. Reviews highlight the convenience of full kitchens and the on-site laundry facilities enhance day-to-day comforts. Pet-friendly policies accommodate both cats and dogs, creating a welcoming environment for all residents.
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Coral Gardens
$1,075
3230 East Roosevelt Street, Phoenix, AZ 85008
(602) 461-7165
8 units available
Studio • 1 bed • 2 bed
Amenities
On-site laundry, Parking, Pool, and Clubhouse
Central Convenience
Prime location near downtown Phoenix and Tempe
Coral Gardens offers a central location with quick access to downtown Phoenix, Tempe, and Scottsdale. Residents praise the clean, well-maintained pool and the peaceful environment. A quick commute to major areas is a major draw.
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8835 North 3rd Street
Ask for price
8835 North 3rd Street, Phoenix, AZ 85020
(602) 900-8656
Contact for Availability
Amenities
On-site laundry, Granite counters, Pet friendly, Parking, Ceiling fan, Extra storage + more
4 weeks of free rent! - Studio Near Grand Canyon University with washer/dryer!
$795
2706 West Missouri Avenue, Phoenix, AZ 85017
(480) 966-2170
1 unit available
Studio
Amenities
In unit laundry, Pet friendly, Parking, Recently renovated, Stainless steel, Some paid utils + more
Recently updated units

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Bedrooms

1 Bedroom Apartments in Phoenix (520)

Price

Amenities

Property Type

Phoenix Short-term Apartments (189)

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.