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

183 rentals available

4038 E THISTLE LANDING Drive
$5,000
4038 East Thistle Landing Drive, Phoenix, AZ 85044
(602) 312-1419
1 unit available
Studio
Amenities
Oven
Recently updated units
11829 N 19TH Avenue
$1,450
11829 North 19th Avenue, Phoenix, AZ 85029
(602) 471-2711
1 unit available
Studio
Amenities
Parking
Recently updated units
1005 E MORELAND Street unit: 3
$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
314 E THOMAS Road
$3,000
314 East Thomas Road, Phoenix, AZ 85012
(602) 527-2929
1 unit available
Studio
Amenities
Dishwasher, Parking, Recently renovated, Garbage disposal, and Refrigerator
Recently updated units
1338 W MONROE Street unit: W
$975
1338 West Monroe Street, Phoenix, AZ 85007
(480) 228-5396
1 unit available
Studio
Amenities
In unit laundry, Hardwood floors, Pet friendly, Recently renovated, Stainless steel, Some paid utils + more
Recently updated units
18233 N 13TH Place unit: 2
$1,300
18233 North 13th Place, Phoenix, AZ 85022
(602) 769-0890
1 unit available
Studio
Amenities
Parking, Some paid utils, Internet access, Furnished, and Refrigerator
Cozy Retreat
Furnished studio with all utilities included
This charming North Phoenix studio is beautifully furnished and set up for relaxation, complete with internet services and parking included. Reviews highlight the peaceful and friendly community, making it a delightful place to live. Perfect for anyone looking to work remotely in a tranquil atmosphere.
Recently updated units
1212 E OSBORN Road unit: 1
$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
4155 W WHITTON Avenue
$2,300
4155 West Whitton Avenue, Phoenix, AZ 85019
(602) 515-6575
1 unit available
Studio
Amenities
Parking
Recently updated units
1825 W KNUDSEN Drive unit: 120
$14,047
1825 West Knudsen Drive, Phoenix, AZ 85027
(623) 986-9938
1 unit available
Studio
Recently updated units
1342 N 21ST Avenue
$5,500
1342 North 21st Avenue, Phoenix, AZ 85009
(602) 446-0125
1 unit available
Studio
Amenities
Parking, Extra storage, and Range
Recently updated units
2101 W BETHANY HOME Road
$2,900
2101 West Bethany Home Road, Phoenix, AZ 85015
(602) 565-7624
1 unit available
Studio
Amenities
Parking and Air conditioning
Convenient Commute
Great location for easy commuting in Phoenix.
Located on West Bethany Home Road, this property offers convenient access to public transportation options, making commuting a breeze. The neighborhood is praised for its community atmosphere, with residents enjoying walks and social interactions in the nearby areas. Enjoy the added comfort of parking and air conditioning in a well-constructed building.
Recently updated units
4614 N 7TH Street
$4,500
4614 North 7th Street, Phoenix, AZ 85014
(480) 443-7400
1 unit available
Studio
Amenities
Parking
Recently updated units
77 E COLUMBUS Avenue
$2,268
77 East Columbus Avenue, Phoenix, AZ 85012
(602) 697-0730
1 unit available
Studio
Amenities
Parking, Elevator, and Range
Recently updated units
1345 E CHANDLER Boulevard unit: 219
$600
1345 East Chandler Boulevard, Phoenix, AZ 85048
(480) 336-2900
1 unit available
Studio
Amenities
Parking and Internet access
Recently updated units
3333 E THUNDERBIRD Road
$2,500
3333 East Thunderbird Road, Phoenix, AZ 85032
(602) 292-0773
1 unit available
Studio
Amenities
Parking and Recently renovated
Recently updated units
4530 E SHEA Boulevard unit: 103
$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

More Rental Options

Bedrooms

1 Bedroom Apartments in Phoenix (486)

Price

Amenities

Property Type

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.