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 20
5.0
Imperial
919 North 20th Street, Phoenix, AZ 85006
(708) 576-4096
$775+ moTotal price14-mo lease
Rent Savings
Top rated for Location
“Area is super safe. Maintenance is always on point , they come right away! Celeste is super sweet as well , she has always been helpful whenever I have questions. I love my apt , and thankful for the Elevators!!!!”
16 units available
Studio • 1 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Pet friendly, Parking, Pool table + more
Quiet Elegance
Spacious units near vibrant park in Phoenix.
Imperial in Phoenix offers a serene and well-maintained environment complemented by spacious floor plans. Residents enjoy the tranquility enhanced by thick walls and appreciate the nearby park, offering lovely views. With dogs and cats allowed, the community is welcoming for pet owners seeking a peaceful haven with modern amenities.
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Skye on 6th
$1,258
817 North 6th Street, Phoenix, AZ 85006
(814) 524-5287
Rent Savings
42 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
Patio / balcony, Pet friendly, Stainless steel, Gym, Pool, Dog park + more
Luxurious Living
Central location with vibrant downtown Phoenix lifestyle.
Skye on 6th is located in the vibrant downtown Phoenix, offering breathtaking views and a luxurious lifestyle. With smart technology in modern apartments and amenities like a gym and pool, this property enhances daily living. Residents and their pets can enjoy the community's friendly atmosphere and convenient location to lively bars and shops.
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Golden Key
3675 West Osborn Road, Phoenix, AZ 85019
(480) 908-8599
$699+ moTotal price12-mo lease
14 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Hardwood floors, Pet friendly, 24hr maintenance, Parking, Recently renovated + more
Pet-Friendly
Cost-effective living with modern amenities in Phoenix.
Golden Key Apartments offer a vibrant lifestyle in Phoenix with easy access to freeways, shopping, and dining. Residents enjoy modern renovations, including stainless steel appliances and elegant vinyl plank flooring. The community is welcoming to cats and dogs, making it a perfect home for pet owners. Enjoy amenities like a sparkling pool, convenient on-site laundry, and easy storage solutions.
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Union on 28th
$825
11821 North 28th Drive, Phoenix, AZ 85029
(424) 497-6798
Rent Savings
24 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, Carport, Recently renovated + more
Resort Living
Modern Upgrades and Resort-Style Amenities Await You
Union on 28th offers a standout living experience with stylishly renovated apartments featuring quartz countertops, stainless steel appliances, and wood-inspired flooring. Residents rave about the responsive maintenance team that goes above and beyond to keep things running smoothly. The community's impressive amenity lineup — from a sparkling pool and hot tub to a dog park, basketball and bocce courts, and BBQ grills — makes every day feel like a retreat.
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VB on 12th Street
220 N 12th St, Phoenix, AZ 85034
(602) 671-0801
$1,132+ moTotal price13-mo lease
Rent Savings
22 units available
Studio • 1 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Pet friendly, 24hr maintenance + more
Urban Oasis
Central living with ample amenities and bonuses.
VB on 12th Street offers an exceptional living experience with a significant price advantage of being 9% below the metro average. Residents love the peaceful, clean, and quiet environment, and appreciate the professional service from staff members. Its central location provides easy access to downtown Phoenix, enhancing the convenience for both students and professionals.
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5.0
North Mountain Village
3333 West Thunderbird Road, Phoenix, AZ 85053
(762) 324-0962
$799+ moTotal price12-mo lease
Rent Savings
Top rated for Location
“I lived here since 2015 and have been very happy the management is great always helpful and understanding maintenance is awesome very polite and helpful I definitely recommend living here we have new management that is awesome as the last one was the office staff is awesome”
15 units available
Studio • 1 bed • 2 bed
Amenities
On-site laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Walk in closets + more
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Aura Uptown
201 West Coolidge Street, Phoenix, AZ 85013
(623) 400-6549
$1,460+ moTotal price12-mo lease
Rent Savings
64 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Pet friendly, Garage, Walk in closets, Gym, Pool + more
Resort Vibes
Resort-style living in vibrant Phoenix neighborhood.
Aura Uptown offers a luxurious living experience with its resort-style pool and spa, ideal for lounging and socializing. Fitness enthusiasts will enjoy the state-of-the-art gym. Its location near Uptown Plaza ensures easy access to a variety of dining and entertainment options.
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Casa Blanca Apartments
2520 W McLellan Blvd, Phoenix, AZ 85017
(602) 833-1821
$799+ moTotal price12-mo lease
11 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
Pet friendly, All utils included, Trash valet, E-payments, Online portal, CC payments + more
Utility Inclusive
Utilities included in rent for stress-free living.
Casa Blanca Apartments in Phoenix offers all-inclusive rentals, covering all utilities, including electric. This unique feature provides stress-free living with no extra utility costs. Residents cherish the convenience of being in proximity to numerous amenities and enjoy the well-maintained facilities alongside a friendly and responsive management team.
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5.0
The Tessera
$1,363
4713 E VanBuren St, Phoenix, AZ 85008
(602) 975-5329
Rent Savings
Top rated for Location
“The Tessera fits all the needs for my wife and I, we have a two bedroom, and you can't beat the price.”
22 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Putting green, Patio / balcony, Granite counters, Pet friendly, Garage + more
Excellent Location
Premier living near Tempe with abundant amenities.
The Tessera in Phoenix offers an outstanding location with quick access to the 143 and Red Mountain Freeway, making it a fantastic option for those who value convenience. With elegant interiors complete with stainless steel appliances and walk-in closets, these pet-friendly apartments cater to modern living in style. Enjoy a suite of facilities, such as a resort-style pool and well-equipped fitness center, enriched by lush landscapes and scenic views.
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5.0
BROADSTONE 7th Street
5727 North 7th Street, Phoenix, AZ 85014
(708) 613-8223
$1,499+ moTotal price6-mo lease
Rent Savings
Top rated for Location
30 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Cats allowed, Garage + more
Pet Paradise
Luxury living with vibrant local scene and pet-friendly perks
Broadstone on 7th offers a lush combination of urban elegance and tranquility right in Phoenix. Situated in a lively district, this property excels with its modern design and extensive amenities. Residents love the pet-friendly environment, complete with a dedicated dog park, and the vibrant neighborhood full of dining and entertainment options within walking distance.
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Verified listing
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Tesoro
$849
8603 N 22nd Ave, Phoenix, AZ 85021
(507) 682-7312
Rent Savings
7 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Carport + more
Central Comfort
Prime location with modern amenities and pet-friendly options.
Tesoro Apartments in Phoenix offers a remarkable living experience with modern upgrades and a central location. Residents love the peaceful atmosphere and efficient management. The property is pet friendly, making it a great choice for cat and dog owners. Enjoy easy access to a variety of parks, schools, and public transport options nearby.
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Cactus Forty-2
$1,285
4242 East Cactus Road, Phoenix, AZ 85032
(520) 357-9697
Rent Savings
12 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Dishwasher, Pet friendly, 24hr maintenance + more
Luxury Living
Resort-style amenities near Paradise Valley shopping.
Cactus Forty-2 offers a luxurious living experience with modern apartments featuring high-end finishes like stainless steel appliances and granite countertops. Enjoy a vacation-like lifestyle with a resort-style pool, state-of-the-art fitness center, and welcoming pet-friendly policies, including an on-site pet park. Nestled near Paradise Valley, residents benefit from convenient access to shopping centers, dining options, and outdoor activities.
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Verified listing
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Arcadia Villa Apartments
3915 East Camelback Road, Phoenix, AZ 85018
(602) 707-6629
$999+ moTotal price11-mo lease
Rent Savings
13 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Dishwasher, Pet friendly, 24hr maintenance + more
Urban Oasis
Tropical living in trendy Arcadia Lite.
Arcadia Villa Apartments offers a serene urban oasis with easy access to trendy dining and entertainment options. Renters enjoy luxurious amenities like two sparkling pools, a modern fitness center, and pet-friendly accommodations. This prime location in the Biltmore area ensures you are moments away from everything Phoenix has to offer.
Recently updated units
Verified listing
Verified
5.0
Proxy 333
333 E McKinley St, Phoenix, AZ 85004
(602) 313-0139
$1,230+ moTotal price15-mo lease
Top rated for Location
“Excellent communication and front desk service.”
5 units available
Studio • 1 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Garage + more
Prime Location
Downtown living with stunning views and amenities.
Proxy 333 shines in vibrant Downtown Phoenix, offering a dynamic lifestyle close to Roosevelt Row's cultural scene. The property boasts striking sunset views through large windows and modern aesthetics in its pet-friendly apartments. Enjoy premium amenities like a rooftop pool and a well-equipped gym, with nearby access to top eateries and shopping malls.
Recently updated units
Verified listing
Verified
Modern Quarters
$697
6702 North 17th Avenue, Phoenix, AZ 85021
(480) 245-5640
7 units available
Studio • 1 bed
Amenities
In unit laundry, Hardwood floors, Pet friendly, Parking, Recently renovated, Stainless steel + more
Value Living
Stylish apartments with ideal Phoenix location near transit.
Modern Quarters in Phoenix offers stylishly renovated apartments with an array of amenities including a refreshing pool, BBQ area, and pet-friendly policies. Residents appreciate the attentive management and well-maintained outdoor spaces, contributing to a peaceful atmosphere. The property's prime location provides convenient access to public transportation, shopping, and dining, enhancing the daily experience of its community.
Recently updated units
Verified listing
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The Loreto
$848
1350 E Thomas Rd, Phoenix, AZ 85014
(775) 310-7691
Rent Savings
14 units available
Studio • 1 bed
Amenities
On-site laundry, Cats allowed, Walk in closets, Pool, Dog park, Air conditioning + more
Dynamic Community
Prime location near Phoenix's hotspots.
The Loreto Apartments offer an exquisite blend of modern living in a vibrant area of Phoenix. Residents love the efficient and professional maintenance, fostering a comfortable living experience. With easy access to downtown Phoenix and the excitement of Camelback and the Biltmore, commuting and exploring are a breeze.
Recently updated units
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1 Bedroom Apartments in Phoenix (520)

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Phoenix Short-term Apartments (189)

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.