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
CIRQ 44
$1,270
111 N Dupont Cir, Phoenix, AZ 85034
(602) 714-9023
Rent Savings
21 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Dishwasher, Pet friendly, Garage + more
Prime Locale
Live amidst top dining, shopping in Phoenix, AZ
Discover CIRQ 44 in Phoenix, where convenience meets luxury. Located near premier dining and shopping hubs, it provides easy freeway access for seamless commutes. Enjoy a pet-friendly environment with an extensive list of amenities including a resort-style pool and vibrant clubhouse.
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1 of 19
Roosevelt Row
$1,525
330 E Roosevelt St, Phoenix, AZ 85004
(623) 462-2196
22 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Nest technology, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly + more
Downtown Luxury
Prime location in vibrant downtown Phoenix arts district.
Experience the vibrant lifestyle of downtown Phoenix at Roosevelt Row. Located in the arts district, enjoy easy access to galleries, restaurants, and nightlife within walking distance. The property boasts luxurious apartments with modern finishes and a host of amenities, including a rooftop deck and a resort-style pool. Residents rave about the friendly staff and the vibrant community vibe.
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4.0
North Mountain
$799
10001 North 7th Street, Phoenix, AZ 85020
(815) 473-8292
Top rated for Value
“Love the leasing and maintainance tea.also cute apartment but the location is iffy.church on the corner has homeless camping out due to covered back entrance,high bushes and accessible water spout”
5 units available
Studio • 1 bed
Amenities
On-site laundry, Patio / balcony, Dishwasher, Pet friendly, Carport, Recently renovated + more
Serene Retreat
Peaceful living with remarkable access to Phoenix amenities.
North Mountain offers a tranquil escape in sunny Phoenix, AZ. Enjoy the lush surroundings with easy access to major highways, making commuting a breeze. Pets are welcomed, and residents adore the friendly management team and remain impressed by the clean, quiet environment. Experience the convenience of nearby regional parks, dining, and entertainment all just moments away.
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4.0
Adeline Luxury Living
$1,518
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.”
46 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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5.0
Elevation on Central
$1,407
4650 N Central Ave, Phoenix, AZ 85012
(480) 462-5682
Rent Savings
Top rated for Location
“I am enjoying leaving here!!!!!”
11 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Google fiber, Patio / balcony, Granite counters, Dishwasher, Pet friendly + more
Prime Location
Easy access to dining, transport, and entertainment venues.
Elevation on Central offers a vibrant location with unmatched accessibility to dining, entertainment, and transportation. Residents appreciate the proximity to the light rail and major highways that enhance their commuting experience. The community amenities, such as the pool and fitness center, are celebrated by residents for their quality and maintenance.
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X Phoenix
$899
200 W Monroe St, Phoenix, AZ 85003
(623) 300-1196
Rent Savings
co_living
57 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Dishwasher, Pet friendly, 24hr maintenance, Parking, Gym + more
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Kalon Luxury Apartments
$1,275
25300 N 22nd Lane, Phoenix, AZ 85085
(607) 357-6507
Rent Savings
26 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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Phoenix - Airport
$1,469
3421 E. Elwood St, Phoenix, AZ 85040
(602) 539-2494
8 units available
Studio
Amenities
On-site laundry, Pet friendly, All utils included, Cable included, Recently renovated, Coffee bar + more
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Banyan on Washington
$1,296
5353 E Washington St, Phoenix, AZ 85034
(480) 680-6861
Rent Savings
13 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Pet friendly, Garage, Walk in closets + more
Luxury Lifestyle
Experience luxury living with modern amenities and prime location.
Banyan on Washington offers luxury living in Phoenix with modern amenities and a prime location. Residents praise the beautifully maintained gym and pool facilities. The property features smart home technology, making daily life seamless. Cats and dogs are also welcome, ensuring a pet-friendly environment.
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ArLo by Mark-Taylor
$1,307
2121 N 44th Street, Phoenix, AZ 85008
(623) 303-0489
Rent Savings
17 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Pet Haven
Luxurious living with fantastic pet amenities
Experience upscale living at ArLo by Mark-Taylor, where you're welcomed with modern apartments and luxe features. Both dogs and cats are embraced here, with amenities like an on-site dog park for your furry friends. Enjoy the convenience of being close to dining, shopping, and outdoor recreation.
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Verified listing
Verified
5.0
Montana On Butler
$850
2122 West Butler Drive, Phoenix, AZ 85021
(602) 878-6070
Rent Savings
Top rated for Location
“This is a wonderful place, quiete, clean and safe to live.I love this place.”
8 units available
Studio • 1 bed • 2 bed
Amenities
On-site laundry, Patio / balcony, Hardwood floors, Pet friendly, 24hr maintenance, Parking + more
Renovated Charm
Stylish Living in Central Phoenix
Montana On Butler offers stylish living with newly renovated interiors and excellent amenities including a sparkling pool and large patios. Located in central Phoenix, it provides easy access to parks, shopping, dining, and entertainment venues. Residents particularly enjoy the welcoming staff and the peaceful atmosphere.
Recently updated units
Verified listing
Verified
5.0
iLuminate
$1,355
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.”
15 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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The Reserve on Cave Creek
$1,110
19635 North Cave Creek Road, Phoenix, AZ 85024
(602) 461-7792
Rent Savings
15 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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Verified listing
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Nova North Valley
$1,209
31113 North North Valley Pkwy, Phoenix, AZ 85085
(475) 255-3472
Rent Savings
23 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Dishwasher, Pet friendly, Garage + more
Outdoor Adventure
Perfect for outdoor enthusiasts and pet owners.
Nova North Valley, located in Phoenix, is the dream location for those who love outdoor adventures and the comfort of modern living. The apartments offer spacious layouts with abundant natural light and stunning mountain views. Residents appreciate the exceptional amenities, including a saltwater heated pool and a dedicated bark park for their furry friends.
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Verified listing
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Sunela
20600 North 55th Street, Phoenix, AZ 85054
(623) 343-8641
$1,619+ moTotal price12-mo lease
Rent Savings
47 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, Garage + more
Mountain Vista
Live with Scenic Mountain Views in the Heart of Phoenix.
Sunela is a vibrant community in Phoenix, offering a blend of modern luxuries and scenic mountain views. Conveniently nestled near High Street, you'll enjoy easy access to top dining and shopping destinations. With great community amenities and a welcoming atmosphere, it's perfect for those seeking a lively neighborhood.
Recently updated units
Verified listing
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Camelback Properties - Affordable Housing
$749
5102 North 11th Avenue, Phoenix, AZ 85013
(602) 905-8363
6 units available
Studio • 1 bed • 2 bed
Amenities
On-site laundry, Pet friendly, 24hr maintenance, Carport, Pool, Air conditioning + more
Central Convenience
Central Phoenix location with great amenities
Camelback Properties offers a central Phoenix location, providing easy access to public transportation, shopping, and dining. The community features a peaceful environment with well-maintained amenities like two pools and a spa. Cats and dogs are welcome, ensuring a pet-friendly atmosphere for all residents.
Recently updated units
Verified listing
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1 Bedroom Apartments in Phoenix (502)

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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.