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 23
The Venue On Camelback
1930 East Camelback Road, Phoenix, AZ 85016
(602) 362-4852
$723+ moTotal price12-mo lease
Rent Savings
34 units available
Studio • 1 bed • 2 bed
Amenities
On-site laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Resort-Like Oasis
Live amid Phoenix's attractions with luxury amenities.
Discover The Venue on Camelback in Phoenix, offering studio, one-, and two-bedroom homes. Enjoy five renovated swimming pools, a hot tub, and two 24-hour gyms. Walk to nearby restaurants and parks, and benefit from the pet-friendly atmosphere perfect for dog owners. Experience spacious living with private patios and generous closet spaces.
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Madison Grove
$999
7045 N 7th St, Phoenix, AZ 85020
(234) 265-9687
Rent Savings
10 units available
Studio • 1 bed
Amenities
In unit laundry, Hardwood floors, Dishwasher, Pet friendly, New construction, 24hr maintenance + more
Resort-Style Living
Experience luxury with resort-style amenities at Madison Grove.
Madison Grove is a haven of luxury in North Phoenix. Residents enjoy well-maintained public areas and a sparkling pool. Enjoy energy-efficient windows, stainless-steel appliances, and quartz countertops. The pet-friendly policy includes both cats and dogs, with a dedicated bark park.
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4.0
Lumina on 19th
$627
1905 West Palmaritas Drive, Phoenix, AZ 85021
(928) 236-0939
Top rated for Location
“The noise in the area is from the busy street of 19th Avenue, the noise inside the complex is quite low. This is a quiet, safe place to live with a great manager and quick and responsive maintenance staff and meticulous landscaping”
22 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance, Parking + more
Prime Locale
Convenient Location Near Shopping and Dining
Located in the vibrant area of Phoenix, Lumina on 19th offers exceptional convenience with quick access to shopping, dining, and entertainment. This pet-friendly community provides modern amenities including a pool, clubhouse, and dog park. Residents enjoy the well-maintained environment and attentive management.
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Villa Toscana
$749
10201 North 33rd Avenue, Phoenix, AZ 85051
(910) 212-4483
Rent Savings
17 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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Crosstown Phoenix East
1545 West Camelback Road, Phoenix, AZ 85015
(602) 584-7466
$543+ moTotal price14-mo lease
Rent Savings
24 units available
Studio • 1 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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5.0
Omnia on Thomas
$799
1645 East Thomas Road, Phoenix, AZ 85016
(602) 699-3718
Rent Savings
Top rated for Location
“The management team here is right on point as is the maintenance technician it located close to shopping on the bus line it really is a good place to live for myself”
57 units available
Studio • 1 bed • 2 bed
Amenities
On-site laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Community Oasis
Stylish living near dining & shopping in Phoenix
Omnia on Thomas offers a stylish lifestyle with upgraded homes and a host of fantastic amenities. Located in the heart of Phoenix, you are surrounded by numerous dining and shopping options. Residents especially love the four sparkling pools, attention to community improvements, and the welcoming atmosphere. With both dogs and cats allowed, this community warmly embraces pets.
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The Battery PHX
411 South 3rd Street, Phoenix, AZ 85004
(858) 726-4391
$1,330+ moTotal price13-mo lease
Rent Savings
47 units available
Studio • 1 bed • 2 bed
Amenities
Patio / balcony, Dishwasher, Pet friendly, Garage, Stainless steel, 24hr gym + more
Urban Oasis
Modern living meets downtown Phoenix excitement.
The Battery PHX offers an exciting urban lifestyle in downtown Phoenix. Its location provides easy access to vibrant entertainment, dining, and cultural venues. Residents praise the spacious, well-designed apartments and the attentive, helpful staff. Amenities such as a gym, dog park, and pool enhance the living experience.
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5.0
Proxy 333
$1,255
333 E McKinley St, Phoenix, AZ 85004
(602) 313-0139
Top rated for Location
“Excellent communication and front desk service.”
8 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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Aspire West Phoenix
$729
4903 West Thomas Road, Phoenix, AZ 85018
(623) 399-4574
Rent Savings
17 units available
Studio • 1 bed
Amenities
On-site laundry, Hardwood floors, Dishwasher, Pet friendly, Carport, Recently renovated + more
Prime Location
Vibrant community near local parks and dining.
Aspire West Phoenix offers a vibrant community living experience with easy access to shopping and dining. Located in a prime area of Phoenix, enjoy the convenience of nearby parks and schools within walking distance. The pet-friendly apartments boast top-tier amenities, creating a comfortable and enjoyable home environment.
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Portola North Phoenix
$750
2700 W Sahuaro Drive, Phoenix, AZ 85029
(602) 207-8159
20 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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Bolero Apartment Homes
$1,025
7725 West McDowell Road, Phoenix, AZ 85035
(727) 619-2970
Rent Savings
39 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Luxury Living
Modern luxury near vibrant local scenes.
Bolero Apartment Homes in Phoenix offers the ultimate stylish living experience. Located conveniently close to public transportation, popular dining spots, and shopping centers, it provides ease and accessibility. With impressive amenities like three pools and a 24-hour fitness center, this pet-friendly community ensures comfort and convenience at every turn.
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Alloy Midtown
$1,377
3010 North 2nd Street, Phoenix, AZ 85012
(409) 254-4394
20 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Pet friendly, New construction, Garage, Stainless steel + more
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Tides on 51st
$699
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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Parc Midtown
$1,295
3993 North 3rd Avenue, Phoenix, AZ 85013
(334) 458-9483
20 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Nest technology, Patio / balcony, Granite counters, Hardwood floors, Dishwasher + more
Modern Oasis
Resort-style living in a vibrant setting.
Parc Midtown offers a resort-like atmosphere with top-notch amenities. Enjoy the refreshing pool, state-of-the-art gym, and a welcoming pet environment. Its prime location near the light rail ensures seamless transit and easy access to local attractions, dining, and entertainment.
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4.0
Arcadia on 49th
$843
4902 E Thomas Rd, Phoenix, AZ 85018
(602) 641-3638
Rent Savings
Top rated for Value
“The maintenance staff are really nice and helpful. There's always too much parking, not enough space to park, in the evening time. The location is good; you're not too far from the shopping center.”
31 units available
Studio • 1 bed • 2 bed
Amenities
24hr laundry, Patio / balcony, Pet friendly, Garage, Stainless steel, Walk in closets + more
Luxury Living
Serene living with top-notch amenities in Phoenix.
Arcadia on 49th offers a tranquil lifestyle with its beautiful courtyards and sparkling swimming pools. Located conveniently near Phoenix's vibrant cultural and entertainment activities, residents enjoy easy access to fine shops and restaurants. The modern apartments come with spacious living areas and high-end finishes, making it a premium choice.
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Rise North Mountain
$755
9202 North 19th Avenue, Phoenix, AZ 85021
(602) 600-0992
Rent Savings
15 units available
Studio • 1 bed • 2 bed
Amenities
24hr laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Recently renovated + more
Cost-Effective Comfort
Convenient Phoenix location with modern upgrades.
Rise North Mountain offers a prime location just minutes away from Downtown Phoenix, making entertainment, shopping, and dining exceptionally convenient. Residents have praised the modern renovations and well-maintained facilities, which enhance both style and comfort. With amenities like a fitness center, swimming pool, and dog park, this property caters perfectly to those with an active lifestyle.
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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.