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.

Start your Phoenix search

How many bedrooms do you need?

Studio Apartments for Rent in Phoenix, AZ

192 rentals available

1 of 23
Phoenix - Deer Valley
$1,709
20827 N. 27th Ave, Phoenix, AZ 85027
(623) 263-5446
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
Verified
1 of 25
4 weeks of free rent! - Studio Near Grand Canyon University with washer/dryer!
$895
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
1038 E El Caminito Drive
$650
1038 East El Caminito Drive, Phoenix, AZ 85020
(623) 330-4281
1 unit available
Studio
Amenities
Garage, Range, and Refrigerator
Recently updated units
918 N 24TH Street
$10,950
918 North 24th Street, Phoenix, AZ 85006
(480) 228-1451
1 unit available
Studio
Amenities
Parking
Recently updated units
16666 S 21st Street
$2,300
16666 South 21st Street, Phoenix, AZ 85048
(602) 888-0820
1 unit available
Studio
Amenities
In unit laundry, Patio / balcony, Garage, Recently renovated, Air conditioning, Fireplace + more
Recently updated units
2925 N 15th Dr
$995
2925 North 15th Drive, Phoenix, AZ 85015
(669) 232-8457
1 unit available
Studio
Amenities
In unit laundry, Dogs allowed, Carport, Gym, Air conditioning, and Ceiling fan
Recently updated units
1805 W VAN BUREN Street
$2,850
1805 West Van Buren Street, Phoenix, AZ 85007
(646) 206-0905
1 unit available
Studio
Amenities
Parking and Range
Recently updated units
5425 E BELL Road
$6,755
5425 East Bell Road, Phoenix, AZ 85254
(602) 703-3421
1 unit available
Studio
Amenities
Parking and Garbage disposal
Recently updated units
34975 North Valley Parkway
$500
34975 North Valley Parkway, Phoenix, AZ 85086
(623) 326-9036
1 unit available
Studio
Amenities
Parking, Conference room, Some paid utils, and Internet access
Recently updated units
2815 W CAREFREE Highway
$3,150
2815 West Carefree Highway, Phoenix, AZ 85085
(480) 213-5251
1 unit available
Studio
Amenities
Parking
Recently updated units
1005 E Moreland Street
$895
1005 East Moreland Street, Phoenix, AZ 85006
1 unit available
Studio
Amenities
Parking, Some paid utils, Internet access, Range, and Oven
Community Vibe
Downtown Vibrancy and Community in Garfield Neighborhood
Residents enjoy the vibrant energy of downtown Phoenix, with its arts, sports, and dining options just a short walk away. The Garfield neighborhood boasts a strong sense of community with friendly neighbors and well-kept yards. The area is dog-friendly, ensuring a welcoming environment for canine companions.
Recently updated units
8821 N 7TH Street
$600
8821 North 7th Street, Phoenix, AZ 85020
(623) 313-5142
1 unit available
Studio
Amenities
Parking, Some paid utils, Internet access, and Refrigerator
Recently updated units
1212 E OSBORN Road
$900
1212 East Osborn Road, Phoenix, AZ 85014
(623) 206-0557
1 unit available
Studio
Amenities
Parking, Conference room, Internet access, and Carpet
Recently updated units
2701 N 16TH Street
$1,700
2701 North 16th Street, Phoenix, AZ 85006
(602) 266-1238
1 unit available
Studio
Amenities
Parking, Some paid utils, and Internet access
Recently updated units
4530 E SHEA Boulevard
$1,300
4530 East Shea Boulevard, Phoenix, AZ 85028
(480) 994-0800
1 unit available
Studio
Amenities
Parking, Conference room, Internet access, and Furnished
Recently updated units
5320 N 16th Street
$1,878
5320 North 16th Street, Phoenix, AZ 85014
(480) 313-2246
1 unit available
Studio
Amenities
Range
Recently updated units

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Bedrooms

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.