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 28
Aire Libre Apartments
$839
16437 North 31st Street, Phoenix, AZ 85032
(480) 467-5501
5 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Pet friendly, Parking, Recently renovated, Gym, Pool + more
Recently updated units
Verified listing
Verified
1 of 28
Sierra Pines
9410 N 31st Ave, Phoenix, AZ 85051
(602) 932-7864
$860+ moTotal price13-mo lease
Rent Savings
26 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, Carport + more
Prime Location
Modern living minutes from Phoenix's best amenities.
Sierra Pines offers modern comfort in Phoenix with luxurious amenities like a refreshing pool and state-of-the-art fitness center. Its central location means easy access to the city's top dining, entertainment, and shopping spots, ensuring an exciting metropolitan lifestyle. With both dogs and cats welcome, pet owners will find this community particularly inviting.
Recently updated units
Verified listing
Verified
Rise at the Preserve
$720
1502 West Glendale Avenue, Phoenix, AZ 85021
(520) 376-8739
Rent Savings
14 units available
Studio • 1 bed • 2 bed
Amenities
24hr laundry, Pet friendly, Carport, Recently renovated, Walk in closets, Pool + more
Renovated Community
Modern living near parks and public transport.
Rise at the Preserve offers modern living in Phoenix, AZ. With recent renovations, residents enjoy a clean and safe environment. The community boasts amenities such as a gym, pool, and dog park, ensuring a vibrant lifestyle.
Recently updated units
Verified listing
Verified
Tides on McDowell
$800
4620 West McDowell Road, Phoenix, AZ 85035
(218) 521-2812
Rent Savings
25 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Dishwasher, Pet friendly, Cable included, Carport, Gym + more
Luxurious Amenities
Elegant living with modern conveniences and great value
Experience a lifestyle of comfort at Tides on McDowell. With luxuriously appointed interiors featuring modern kitchen setups and a full suite of premium appliances, residents enjoy a delightful cooking experience. The community amenities are expansive, offering three beautiful pools and a well-equipped gym, perfect for both relaxation and fitness routines. Nearby schools, parks, and a variety of restaurants enhance its appeal.
Recently updated units
Verified listing
Verified
Adara
888 N 4th St, Phoenix, AZ 85004
(904) 474-3382
$650+ moTotal price3-mo lease
Rent Savings
106 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.
Recently updated units
Verified listing
Verified
Tides on East Cactus
$775
2645 East Cactus Road, Phoenix, AZ 85032
(517) 955-3668
Rent Savings
11 units available
Studio • 1 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Value Living
Cost-effective comfort near Phoenix amenities.
Situated in Phoenix, Tides on East Cactus offers a delightful living experience with cost-effective renting options. This community is equipped with modern amenities like granite countertops and stainless steel appliances, making it a stylish choice for residents. The property's convenient proximity to transportation options and highways ensures hassle-free commuting.
Recently updated units
Verified listing
Verified
5.0
Sunrise on 35th
$604
3030 N 35th Ave, Phoenix, AZ 85017
(623) 526-5110
Rent Savings
Top rated for Location
“I like it just wish i had a spout for a bath not only a shower”
61 units available
Studio • 1 bed • 2 bed
Amenities
On-site laundry, Hardwood floors, Dishwasher, Pet friendly, Carport, Recently renovated + more
Pet Paradise
Enjoy modern comfort and a pet-friendly environment.
Sunrise on 35th in Phoenix offers an inviting pet-friendly environment, allowing pets to feel right at home. Residents appreciate the upgraded amenities such as hardwood floors and all-electric kitchens, enhancing the modern living experience. Located near local boutiques and restaurants, this spot provides a convenient and vibrant lifestyle.
Recently updated units
Verified listing
Verified
Allora Phoenix
$749
2250 W Glendale Ave, Phoenix, AZ 85021
(218) 292-9768
Rent Savings
12 units available
Studio • 1 bed • 2 bed
Amenities
On-site laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Garage + more
Dynamic Living
Vibrant Lifestyle and Excellent Commuting Options Await.
Allora Phoenix offers an exciting lifestyle with easy access to outdoor adventures and vibrant shopping and dining options nearby. Located in North Phoenix, this property is a hub of activity with a wide array of amenities such as a sparkling pool, and hot tub. Ideal for those who appreciate a lively neighborhood with excellent commuting routes available.
Recently updated units
Verified listing
Verified
The Mod Apartments
$785
2222 West Beardsley Road, Phoenix, AZ 85027
(858) 252-0033
Rent Savings
33 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Pet friendly, Parking, Stainless steel + more
Scenic Retreat
Centrally located oasis with exceptional amenities.
The Mod Apartments in North Phoenix creates a perfect blend of convenience and luxury with its prime location and impressive amenities. Residents enjoy a scenic garden community featuring two resort-style swimming pools and recreational courts for both basketball and tennis. With easy access to I-17 and the 101 freeway, everyday commutes are straightforward, ensuring more time to enjoy the community's outstanding features.
Recently updated units
Verified listing
Verified
5.0
Presidio North
$775
17031 N 11th Ave, Phoenix, AZ 85023
(832) 536-8568
Rent Savings
Top rated for Location
“The woman that helped me was so knowledgeable and extremely helpful!! I will tell everyone I know how wonderful the experience was. I would recommend them to anyone.”
18 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Carport, Recently renovated + more
Serene Living
Tranquil community with lush landscapes and top amenities.
Presidio North offers a peaceful environment surrounded by greenery, featuring a resort-style pool and beautifully landscaped courtyards. Conveniently situated near schools, parks, and dining options, this property provides a convenient and serene living experience. Reviews highlight the exceptional service by the friendly staff and efficient maintenance team.
Recently updated units
Verified listing
Verified
Ventura Vista
$1,145
18660 North Cave Creek Road, Phoenix, AZ 85024
(925) 526-7339
Rent Savings
15 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, Garage + more
Pet Paradise
Pet-friendly haven with abundant amenities.
Ventura Vista offers a pet-friendly atmosphere in Phoenix, allowing both cats and dogs. Residents enjoy a range of amenities, including a 24-hour gym and a beautiful swimming pool. With nearby parks and schools within walking distance, it combines convenience and lifestyle perfectly.
Recently updated units
Verified listing
Verified
Biltmore on the Lake
$740
11050 North Biltmore Drive, Phoenix, AZ 85029
(341) 212-7896
Rent Savings
35 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.
Recently updated units
Verified listing
Verified
Sweetwater at Metro North
$1,240
2902 West Sweetwater Avenue, Phoenix, AZ 85029
(507) 502-5894
Rent Savings
27 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.
Recently updated units
Verified listing
Verified
Pierson Place Apartments
$799
365 West Pierson Street, Phoenix, AZ 85013
(928) 550-6700
5 units available
Studio • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Historic Elegance
Live in style at Pierson Place Apartments
Pierson Place Apartments offers an elegant blend of historic charm and modern amenities in Phoenix's Pierson Historical District. With granite countertops, wood-style flooring, and stainless steel appliances, residents enjoy upscale living. Centrally located near the Camelback Corridor, it provides easy access to dining, shopping, and entertainment.
Recently updated units
Verified listing
Verified
Rosie
625 North 2nd Avenue, Phoenix, AZ 85003
(480) 520-9756
$1,199+ moTotal price12-mo lease
Rent Savings
61 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, New construction + more
Recently updated units
Verified listing
Verified
Echelon
$925
4301 North 24th Street, Phoenix, AZ 85016
(623) 257-6203
Rent Savings
15 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
On-site laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, Carport + more
Prime Location
Convenience meets comfort in Phoenix's Palm Acres.
Echelon offers an exceptional living experience in Phoenix's vibrant Palm Acres neighborhood. Residents praise the friendly, attentive staff and the swift maintenance service that enhances their comfort. Conveniently located near shopping, dining, and transportation options, this property promises an engaging lifestyle.
Recently updated units
Verified listing
Verified

More Rental Options

Bedrooms

1 Bedroom Apartments in Phoenix (502)

Price

Amenities

Property Type

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.