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

Aspire Apartments
$799
5656 North 17th Avenue, Phoenix, AZ 85015
(331) 258-1521
Rent Savings
22 units available
Studio • 1 bed • 2 bed
Amenities
On-site laundry, Nest technology, Pet friendly, Parking, Recently renovated, Gym + more
Modern Living
Experience upscale living with luxury and convenience.
Aspire Apartments in Phoenix is perfect for those who seek luxury and convenience. Residents love the modern features like upgraded kitchens and LED lighting. With both cats and dogs allowed, your furry friends are welcome too! Enjoy premium amenities such as a gym, sauna, business center, and more.
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Union at Roosevelt I and II
$1,400
888 North 1st Avenue, Phoenix, AZ 85003
(602) 536-7577
Rent Savings
29 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Pet friendly, New construction, Garage + more
Downtown Living
Modern oasis in vibrant downtown Phoenix.
Union at Roosevelt offers a vibrant downtown Phoenix lifestyle with exceptional proximity to transportation, restaurants, and entertainment. Enjoy luxurious amenities such as in-unit laundry, hardwood floors, and spacious balconies. Cats and dogs are welcome here, adding to the community's pet-friendly atmosphere.
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Acclaim
$935
2506 West Dunlap Avenue, Phoenix, AZ 85021
(480) 376-7129
Rent Savings
18 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Resort Living
Luxurious living with prime Phoenix location amenities.
Acclaim offers luxurious living with resort-style amenities in Phoenix. Located near I-17, it provides easy access to downtown attractions and conveniences. Residents enjoy spacious apartments and a supportive community with responsive management and maintenance.
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Villa Toscana
$799
10201 North 33rd Avenue, Phoenix, AZ 85051
(910) 212-4483
Rent Savings
18 units available
Studio • 1 bed • 2 bed
Amenities
On-site laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Cost-Effective Luxury
Elegant living near Phoenix's vibrant amenities.
Villa Toscana blends convenience and luxury in an ideal Phoenix location. With its beautifully renovated settings and great community amenities, it offers cost-effective living priced below the metro average. Enjoy nearby attractions including vibrant dining, shopping, and entertainment options.
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5.0
Proxy 333
$1,215
333 E McKinley St, Phoenix, AZ 85004
(602) 313-0139
Top rated for Location
“Excellent communication and front desk service.”
9 units available
Studio • 1 bed • 2 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.
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ReNew Biltmore
$865
2911 East Indian School Rd, Phoenix, AZ 85016
(602) 342-8044
Rent Savings
31 units available
Studio • 1 bed • 2 bed
Amenities
On-site laundry, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance, Parking + more
Urban Oasis
Elegantly refined living in Camelback Corridor.
ReNew Biltmore is nestled in the desirable Camelback Corridor of Phoenix, offering residents an urban oasis with a peaceful and quiet atmosphere. Enjoy the convenience of walkable access to grocery stores, schools, and an array of dining options. Top-notch amenities such as resort-style pools, a state-of-the-art gym, and beautifully landscaped courtyards enhance the living experience. With both cats and dogs allowed, it’s a haven for pet lovers.
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4.0
Monterra
1333 North 24th Street, Phoenix, AZ 85008
(864) 808-3517
$922+ moTotal price12-mo lease
Rent Savings
Top rated for Location
“A lot of things looked patched together upon move in”
29 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Central Gem
Luxurious Living in Central Phoenix
Monterra offers a premium living experience with luxurious amenities in the heart of Phoenix. Residents enjoy the convenience of major freeways and a variety of dining and entertainment options nearby. Cats and dogs are welcome, making it a delightful home for pet lovers.
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Biltmore on the Lake
$740
11050 North Biltmore Drive, Phoenix, AZ 85029
(341) 212-7896
Rent Savings
32 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.
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Horizon North
$1,000
24825 North 19th Avenue, Phoenix, AZ 85085
(620) 315-9721
94 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Golf room, Patio / balcony, Pet friendly, Parking, Stainless steel + more
Seamless Living
Resort lifestyle with pet-friendly amenities and convenience
Horizon North offers a stunning living experience with resort-style pool and 24-hour fitness center. The thoughtfully designed floor plans feature modern kitchens and private outdoor spaces that renters love. Conveniently located near major highways, it ensures easy access to shopping and employment hubs while maintaining a serene environment.
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Tides on McDowell
$800
4620 West McDowell Road, Phoenix, AZ 85035
(218) 521-2812
Rent Savings
24 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.
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Portrait at Hance Park
1313 North 2nd Street, Phoenix, AZ 85004
(602) 566-9704
$1,300+ moTotal price12-mo lease
Rent Savings
43 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Downtown Oasis
Luxury living at downtown Phoenix's vibrant core.
Portrait at Hance Park offers luxurious apartments in the heart of Phoenix. Positioned in a prime downtown location, residents enjoy easy access to unique local dining, shopping, and entertainment options. Alongside its convenient setting, the community boasts top-tier amenities like a wellness center, resort-style pools, and pet-friendly walking paths for a vibrant living experience.
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Augustine at Glendale
$769
4141 West Glendale Avenue, Phoenix, AZ 85051
(484) 310-9145
Rent Savings
5 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Pet friendly, Carport, Stainless steel, Walk in closets, Gym + more
Pet-Friendly Oasis
Vibrant city life with abundant amenities
Located in Phoenix, Augustine at Glendale presents an alluring blend of accessibility and modern comfort. This property offers a lively living experience with proximity to lovely parks, diverse dining options, and a myriad of shops. Residents highlight the state-of-the-art fitness center and the community's accommodating pet-friendly nature with dedicated parks. Revel in the modern kitchens and a vibrant neighborhood that enhances your lifestyle.
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Laurel Lane
$799
2820 W Laurel Ln, Phoenix, AZ 85029
(415) 390-2843
Rent Savings
8 units available
Studio • 1 bed • 2 bed
Amenities
On-site laundry, Patio / balcony, Dishwasher, Pet friendly, Parking, Pool + more
Phoenix Paradise
Cost-effective oasis with delightful community amenities.
Laurel Lane offers a cost-effective living option, located in the vibrant Lake Biltmore Village of Phoenix. Residents enjoy plentiful amenities like a sparkling pool, BBQ area, and high-speed internet. Both cats and dogs are warmly welcomed here, enhancing the community feel.
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Allora Phoenix
$799
2250 W Glendale Ave, Phoenix, AZ 85021
(218) 292-9768
Rent Savings
10 units available
Studio • 1 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.
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Melrose 3130
$900
3130 N 7th Ave, Phoenix, AZ 85013
(903) 290-0828
Rent Savings
18 units available
Studio
Amenities
On-site laundry, Patio / balcony, Pet friendly, Pool, Bocce court, E-payments + more
Convenient Living
Prime Midtown Phoenix Location Near Amenities
Melrose 3130, located in the heart of Midtown Phoenix, offers recently renovated studio apartments surrounded by a wealth of amenities. Both cats and dogs are warmly welcomed, making it the perfect home for pet lovers. With convenient access to public transportation and highly praised management, residents enjoy a clean, quiet, and friendly community. The neighborhood provides plenty of restaurants, parks, and schools within walking distance.
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View 32 Apartments
$1,349
10801 North 32nd Street, Phoenix, AZ 85028
(480) 530-6578
Rent Savings
7 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, New construction + more
Scenic Luxury
Luxurious living in a scenic Phoenix location.
View 32 Apartments offer a perfect blend of luxury and convenience, nestled in the scenic Shea Boulevard area of Phoenix. This pet-friendly community offers a wealth of amenities including pools, a clubhouse, and a state-of-the-art gym along with beautiful mountain views. A strong local appeal is found in nearby unique restaurants, gyms, and shops, all creating an ideal setting for comfortable and stylish 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.