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

The Astor at Osborn by Mark-Taylor
$1,375
3300 North 7th Avenue, Phoenix, AZ 85013
(602) 755-4079
Rent Savings
14 units available
Studio • 1 bed • 2 bed
Amenities
Nest technology, Patio / balcony, Dishwasher, Pet friendly, Garage, Stainless steel + 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.
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Ellis Midtown
$956
3117 N 7th Ave, Phoenix, AZ 85013
(602) 806-7673
Rent Savings
14 units available
Studio • 1 bed
Amenities
On-site laundry, Cats allowed, Recently renovated, Stainless steel, Walk in closets, Gym + more
Urban Oasis
Experience vibrant living in historic Midtown Phoenix.
Ellis Midtown Apartments provide a unique blend of urban and suburban living in the historic Encanto/Midtown neighborhood. Residents enjoy luxurious amenities such as walk-in closets and spacious pools, complemented by the cool vintage 1950s community vibe. With easy access to downtown Phoenix, this location is perfect for those who love the excitement of city life with suburban tranquility.
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La Cima Apartments
$899
6060 N 7th Street, Phoenix, AZ 85014
(928) 612-1632
Rent Savings
2 units available
Studio • 1 bed
Amenities
On-site laundry, Patio / balcony, Dishwasher, Pet friendly, All utils included, 24hr maintenance + more
Pet-Friendly Oasis
Comfort and convenience in Phoenix's central hub.
La Cima Apartments welcomes you to Phoenix's heart, effortlessly blending comfort with convenience. With close access to Highway 51, daily commuting and city exploration are remarkably easy. The apartment's modern amenities and community-centric environment make it an inviting choice for pet owners and those seeking a vibrant lifestyle.
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PALMtower
$1,715
440 East Van Buren Street, Phoenix, AZ 85004
(623) 343-1863
Rent Savings
77 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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Tides on 51st
$718
2634 North 51st Avenue, Phoenix, AZ 85035
(220) 226-7582
Rent Savings
10 units available
Studio • 1 bed
Amenities
In unit laundry, Pet friendly, Stainless steel, Pool, Air conditioning, Clubhouse + more
Garden Oasis
Elegant living with plentiful amenities and local convenience.
Tides on 51st offers a delightful garden-style community in Phoenix. Enjoy elegant kitchens, a refreshing pool, and a vibrant clubhouse, perfect for gatherings. With easy access to local parks and shopping, it's a superb choice for an active lifestyle.
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Canyon 35
$849
4336 N 35th Ave, Phoenix, AZ 85017
(602) 641-4492
4 units available
Studio • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Value Gem
Top value with luxury amenities in Phoenix.
Canyon 35 offers exceptional value with prices below the metro average, complemented by luxurious amenities. Residents love the modern renovations and upscale features like granite countertops. Enjoy a pet-friendly community with a pool and 24-hour gym, perfect for convenient and active living.
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4.0
Adeline Luxury Living
$1,575
222 E. Jefferson Street, Phoenix, AZ 85004
(623) 887-7220
Rent Savings
Top rated for Amenities
“Great apartments, nice views, but parking is terrible! No guest parking ever and guest have to pay $80 to park during events that happen often.”
38 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Central Lifestyle
Luxury living in vibrant downtown Phoenix.
Discover Adeline Luxury Living, perfectly placed in the heart of Phoenix's dynamic downtown. Embrace the convenience of an ultra-connected and walkable neighborhood, along with breathtaking panoramic skyline views. Residents rave about the dedicated staff and well-maintained property, enhancing everyday urban living.
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Ardella on 28
$777
12435 North 28th Drive, Phoenix, AZ 85029
(351) 247-8501
Rent Savings
43 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Granite counters, Dishwasher, Pet friendly, 24hr maintenance, Parking + more
Amenity Rich
Spacious living with top-notch amenities
Ardella on 28th offers a variety of amenities that enhance your living experience. Spacious apartments and features like an on-site gym, pool, and in-unit laundry are designed for ultimate convenience. Reviews highlight responsive staff and a safe, friendly environment, making this a wonderful community to call home.
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ReNue Downtown
$1,196
1350 West Van Buren Street, Phoenix, AZ 85007
(623) 304-4681
15 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Modern Comfort
Prime location with abundant amenities.
ReNue Downtown in Phoenix offers a luxurious lifestyle with its modern amenities and thoughtful design. Enjoy the convenience of in-home washers and dryers, a stunning pool, and a fitness center. Located near Interstate 10, it's perfect for exploring Phoenix's dining and entertainment options.
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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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Adara
888 N 4th St, Phoenix, AZ 85004
(904) 474-3382
$689+ moTotal price3-mo lease
Rent Savings
39 units available
Studio • 1 bed • 2 bed • 3 bed • 4 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Dishwasher, Pet friendly, Garage + more
Prime Location
Vibrant Downtown Living with Excellent Amenities
Roosevelt Point offers an ideal urban lifestyle in Downtown Phoenix. Residents love its vibrant location, close to ASU, work, and entertainment venues. The property is nestled in a lively neighborhood, filled with restaurants, parks, and schools, all within walking distance.
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Monterey Village
4707 East McDowell Road, Phoenix, AZ 85008
(229) 374-6259
$1,229+ moTotal price12-mo lease
Rent Savings
11 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Central Convenience
Minutes from ASU and Downtown Tempe
Monterey Village Apartments boast a central location just minutes from ASU, downtown Phoenix, and downtown Tempe, offering prime access to entertainment and amenities. This cost-effective gem features impressive recent renovations and a friendly staff committed to residents' satisfaction. Cats and dogs are both welcome, making it a perfect home for pet owners.
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Kalon Luxury Apartments
$1,299
25300 N 22nd Lane, Phoenix, AZ 85085
(607) 357-6507
Rent Savings
30 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Luxury Living
Elevated lifestyle in North Phoenix luxury apartments.
Kalon Luxury Apartments in North Phoenix offers a lifestyle of elegance and convenience. With quick access to shopping, dining, and major highways, you'll find everything you need moments away. Residents love the array of amenities, such as in-unit laundry and chic features, that enhance daily living. Dogs and cats are welcome, adding to the community's welcoming atmosphere.
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Sweetwater at Metro North
$1,275
2902 West Sweetwater Avenue, Phoenix, AZ 85029
(507) 502-5894
Rent Savings
16 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, Garage + more
Cost-Effective Living
Exceptional Value for North Phoenix Living
Sweetwater at Metro North offers a diverse range of apartments at great value, situated in a vibrant North Phoenix location. With amenities like three resort-style pools, a fitness center, and a spacious dog park, residents enjoy unparalleled lifestyle options. The community's friendly staff and lovely landscaping make living here a delightful experience.
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Crosstown Phoenix East
1545 West Camelback Road, Phoenix, AZ 85015
(602) 584-7466
$636+ moTotal price14-mo lease
Rent Savings
25 units available
Studio • 1 bed • 2 bed
Amenities
On-site laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Lifestyle Haven
Cost-effective comfort in East Phoenix's dynamic locale.
Crosstown Phoenix East offers a cost-effective lifestyle in East Phoenix. This community is just steps away from the Light Rail, making downtown access a breeze. Residents rave about the friendly atmosphere and top-notch amenities, including both dog-friendly and cat-friendly options. With popular amenities like a gym, pool, and coffee bar, residents enjoy a vibrant living experience.
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Portola North Phoenix
$750
2700 W Sahuaro Drive, Phoenix, AZ 85029
(602) 207-8159
36 units available
Studio • 1 bed • 2 bed
Amenities
24hr laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Community Charm
Ideal spot for seamless Phoenix lifestyle.
Portola North Phoenix offers a charming community ambience paired with the best of city convenience. Residents enjoy an array of amenities including three swimming pools, a 24-hour gym, and a dog park, making it a perfect choice for pet owners and fitness enthusiasts. Plus, its incredibly cost-effective pricing relative to the metro ensures great value living.
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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.