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

The Loreto
$848
1350 E Thomas Rd, Phoenix, AZ 85014
(775) 310-7691
Rent Savings
18 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.
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Callia
100 W Indian School Rd, Phoenix, AZ 85012
(901) 403-6769
$1,248+ moTotal price15-mo lease
Rent Savings
28 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Pet friendly, Parking, 24hr gym, Pool, Dog park + more
Modern Amenities
Luxury living in vibrant Phoenix area
Discover luxury living at Callia with its modern design and high-end finishes praised by residents. The state-of-the-art fitness center and resort-style pools elevate the living experience. Located conveniently close to downtown Phoenix, you'll enjoy easy access to public transportation and a vibrant local scene.
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The Venue On Camelback
1930 East Camelback Road, Phoenix, AZ 85016
(602) 362-4852
$667+ moTotal price12-mo lease
Rent Savings
30 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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Rise Midtown Apartments
$995
3815 North 16th Street, Phoenix, AZ 85016
(602) 666-8775
Rent Savings
35 units available
Studio • 1 bed • 2 bed
Amenities
24hr laundry, Patio / balcony, Granite counters, Dishwasher, Pet friendly, New construction + more
Serene Oasis
Peaceful living with vibrant dining and shopping nearby.
Rise Midtown Apartments offers a serene living experience paired with modern conveniences. Located in the heart of Phoenix, residents enjoy easy access to diverse shopping and dining options, as well as proximity to the Piestewa Peak freeway for simple commuting. The property's well-maintained and clean environment, complemented by friendly staff, ensures a comfortable atmosphere.
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5.0
Madera at Metro
$699
3161 West Cheryl Drive, Phoenix, AZ 85051
(806) 329-0362
Rent Savings
Top rated for Location
“This is the first commercial apartment I have lived in for years. I have been pleased with the price, the maintenance, and everything else here.”
54 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
On-site laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Cable included + more
Relaxation Oasis
Peaceful retreat with top-tier amenities and nearby conveniences.
Madera at Metro Apartments in Phoenix offers a serene retreat where residents can unwind. Enjoy relaxation with two large swimming pools and outdoor dining areas. Spacious floor plans featuring oversized closets and private patios or balconies ensure comfortable living. Cats and dogs are welcome, making it a perfect choice for pet lovers.
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VB on 12th Street
$884
220 N 12th St, Phoenix, AZ 85034
(602) 671-0801
Rent Savings
15 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
Streamliner 67
$859
6755 West McDowell Road, Phoenix, AZ 85035
(253) 299-8170
Rent Savings
Top rated for Location
“i love it! i think they’re great !!”
15 units available
Studio • 1 bed • 2 bed
Amenities
On-site laundry, Pet friendly, Stainless steel, Gym, Pool, Playground + more
Modern Amenities
Enjoy Phoenix living near parks, groceries, and highways.
Streamliner 67 offers a modern living atmosphere with fantastic amenities like a gym, pool, and on-site laundry. Residents enjoy proximity to major highways, making it a commuter’s dream. With rents below the metro average and both cats and dogs allowed, it’s a great value for pet owners looking for convenience and comfort.
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Rise at the Preserve
$720
1502 West Glendale Avenue, Phoenix, AZ 85021
(520) 376-8739
Rent Savings
27 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.
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Urbana on 12th
$1,045
4225 N 12th St, Phoenix, AZ 85014
(205) 627-4883
Rent Savings
19 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Modern Oasis
Resort-style living with ideal Phoenix location.
Urbana on 12th offers a modern lifestyle in Phoenix, with stunning amenities and a location that provides easy access to freeways and downtown attractions. This property is a true gem with its stainless-steel appliances and luxury features like in-unit laundry and hardwood floors. Residents appreciate the peaceful environment and commend the management for their responsiveness and care.
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Citi on Camelback
$1,405
909 East Camelback Road, Phoenix, AZ 85014
(602) 610-5518
Rent Savings
24 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Pet friendly, 24hr maintenance, Garage, Recently renovated + more
Renovated Gem
Conveniently located with outstanding and upgraded amenities.
Citi on Camelback boasts fully renovated apartments with modern upgrades. Enjoy the comfort of resort-style swimming pools and a cutting-edge fitness center. Its ideal Phoenix location places culinary delights, shopping, and parks within short distances. Residents love the welcoming staff and vibrant community atmosphere.
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Lydian
1314 North 3rd Street, Phoenix, AZ 85004
(602) 780-2746
$1,365+ moTotal price12-mo lease
Rent Savings
25 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Central Luxury
Luxury living in the heart of Phoenix
Experience luxury living at Lydian in Phoenix, a hub of modern design with spacious layouts and high-quality finishes. Cats and dogs are welcome, adding to the community's vibrant atmosphere. The property's prime location offers easy access to downtown attractions and restaurants, coupled with serene surroundings. Spend your days exploring nearby parks and entertainment, or relax in the well-equipped fitness center and resort-style pool.
Recently updated units
Verified listing
Verified
5.0
Cortland Biltmore
$1,357
4114 N 28th St, Phoenix, AZ 85016
(623) 428-0711
Top rated for Location
“Amenities is lower because the printer in the business center does not work and the water fountain in the gym is on red.”
11 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Stunning Location
Enjoy breathtaking mountain and city skyline views.
Cortland Biltmore Place offers stunning vistas of both the mountains and city skyline, placing you at the heart of Phoenix's vibrant mix of recreational and downtown hotspots. The property's upscale features like granite countertops and stainless steel appliances enhance its stylish and spacious apartments. Residents appreciate the clean and secure environment, supported by a professional and attentive management team.
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Cortland Biltmore
$1,872
2727 East Camelback Road, Phoenix, AZ 85016
(863) 509-1086
10 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Recently updated units
Verified listing
Verified
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”
55 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.
Recently updated units
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Hidden Cove Apartments
$1,008
2001 West Union Hills Drive, Phoenix, AZ 85027
(325) 230-7093
Rent Savings
2 units available
Studio • 1 bed
Amenities
On-site laundry, Dishwasher, Pet friendly, Parking, Pool, Ceiling fan + more
Prime Location
Convenient Access to Phoenix's Vibrant Life
Nestled in Phoenix, Hidden Cove Apartments offer a serene escape with prime access to I-17 and the 101, ensuring seamless commutes. Residents rave about the spacious, bright interiors and the community-oriented swimming pool. On-site conveniences like covered parking and responsive management only enhance the charm.
Recently updated units
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Row31
$1,275
1435 East Taylor Street, Phoenix, AZ 85006
(623) 303-8770
31 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Pet friendly, New construction, 24hr maintenance, Recently renovated, Stainless steel + more
Modern Luxury
Dynamic Downtown Living Experience
Experience modern living in the vibrant heart of Phoenix. Row 31 offers high-rise luxury with diverse floor plans and premium amenities. Residents love the stylish design, in-unit convenience, and pet-friendly options right in the downtown area.
Recently updated units
Verified listing
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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.