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 35
Array South Mountain
$1,213
13229 South 48th Street, Phoenix, AZ 85044
(307) 441-3837
Rent Savings
80 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Pet friendly, Parking, Stainless steel + more
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Callia
100 W Indian School Rd, Phoenix, AZ 85012
(901) 403-6769
$1,370+ moTotal price14-mo lease
Rent Savings
36 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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Arts District Apartments
$1,330
222 E. McDowell Rd, Phoenix, AZ 85004
(480) 845-0701
Rent Savings
21 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Nest technology, Wine room, Granite counters, Pet friendly, Parking + more
Arts Haven
Prime Location with Modern Amenities
Nestled in the Alvarado Historic District, Arts District Apartments offer a prime location near Phoenix's bustling attractions. Residents enjoy top-notch amenities like in-unit laundry, a wine room, and a 24-hour gym. Both cats and dogs are welcome, making it perfect for pet owners.
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The Amelia
$1,345
20350 North 7th Avenue, Phoenix, AZ 85027
(806) 405-8297
Rent Savings
68 units available
Studio • 1 bed • 2 bed
Amenities
Patio / balcony, Pet friendly, Stainless steel, Walk in closets, Gym, Pool + more
Vibrant Community
Modern apartments in a cost-effective Phoenix location.
The Amelia offers a vibrant community with modern apartments and premium amenities. Revel in features like gourmet kitchens, a state-of-the-art gym, and a sparkling pool. Located conveniently near key shopping and dining spots, it's designed for an enriched lifestyle.
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Acclaim
$890
2506 West Dunlap Avenue, Phoenix, AZ 85021
(480) 376-7129
Rent Savings
14 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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Ardella on 28
$813
12435 North 28th Drive, Phoenix, AZ 85029
(351) 247-8501
Rent Savings
28 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Granite counters, Dishwasher, Pet friendly, 24hr maintenance, Parking + more
Amenity Rich
Spacious living with top-notch amenities
Ardella on 28th offers a variety of amenities that enhance your living experience. Spacious apartments and features like an on-site gym, pool, and in-unit laundry are designed for ultimate convenience. Reviews highlight responsive staff and a safe, friendly environment, making this a wonderful community to call home.
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The Ryan
188 E Jefferson St, Phoenix, AZ 85004
(573) 464-3288
$1,499+ moTotal price6-mo lease
Rent Savings
32 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Downtown Gem
Exceptional living in lively Downtown Phoenix location
The Ryan offers an unparalleled living experience in the heart of vibrant Downtown Phoenix. Enjoy modern, spacious apartments with stunning city views and high-end finishes. Residents appreciate the extensive amenities, including a rooftop pool, fitness center with Peloton bikes, and a welcoming resident bar. Steps away are restaurants, entertainment options, and the visually striking Footprint Center.
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Seventh
$999
5145 N 7th St, Phoenix, AZ 85014
(417) 386-2165
Rent Savings
15 units available
Studio • 1 bed
Amenities
On-site laundry, Pet friendly, 24hr maintenance, Parking, Recently renovated, Gym + more
Prime Location
Centrally located gem in Phoenix neighborhood.
Seventh offers an outstanding location in Windsor Square, with numerous amenities and conveniences nearby. Enjoy easy access to shopping, dining, and medical facilities, all just a short drive away. This pet-friendly community allows both dogs and cats, perfect for animal lovers.
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Monte Viejo
$1,161
2220 E Beardsley Road, Phoenix, AZ 85024
(475) 255-3211
Rent Savings
40 units available
Studio • 1 bed • 2 bed • 3 bed • 4 bed
Amenities
In unit laundry, Nest technology, Patio / balcony, Pet friendly, Garage, Recently renovated + more
Modern Convenience
Enjoy contemporary living in vibrant North Phoenix.
Monte Viejo places you in modern elegance, boasting a diverse array of floor plans to suit your lifestyle. The property's ideal location ensures effortless commuting with easy access to major highways. Residents love the attentive service from the friendly front office staff, ensuring peace of mind and a smooth living experience.
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5.0
The Tessera
$1,368
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.”
15 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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Saiya
802 North 1st Avenue, Phoenix, AZ 85003
(810) 215-7955
$1,688+ moTotal price12-mo lease
227 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Nest technology, Patio / balcony, Dishwasher, Pet friendly, Garage + more
Amenity-Rich
Experience vibrant urban living with unmatched amenities.
Saiya is an amenity-rich property nestled in vibrant Downtown Phoenix. Experience city-living with unparalleled amenities, including a two-story fitness center, rooftop lounge, and an extensive game room. Residents rave about the welcoming lobbies and appreciate pet-friendly perks like a dog park and wash facilities.
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Sol Modern
$1,808
50 E Fillmore St, Phoenix, AZ 85004
(539) 252-9666
Rent Savings
280 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, New construction + more
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Verified listing
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FLATZ 602
$1,078
6025 W. Thomas Rd., Phoenix, AZ 85035
(623) 666-5640
Rent Savings
27 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Pet friendly, 24hr maintenance, Stainless steel, Walk in closets, 24hr gym + more
Luxurious Living
Modern amenities in a vibrant community.
Experience the epitome of modern living at FLATZ 602 in Phoenix, where innovation meets luxury. Enjoy a resort-style pool, fitness center with Apple fitness, and a convenient pet-friendly policy accommodating both cats and dogs. Residents rave about the well-maintained facilities and responsive management, ensuring an unparalleled living experience.
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Ragsdale
$1,369
1150 E Washington Street, Phoenix, AZ 85034
(623) 552-4585
Rent Savings
208 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Nest technology, Pet friendly, Gym, Pool, Dog park + more
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Verified listing
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Horizon North
$930
24825 North 19th Avenue, Phoenix, AZ 85085
(620) 315-9721
Rent Savings
75 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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Bask Deer Valley
26800 North 27th Avenue, Phoenix, AZ 85085
(209) 546-6927
$1,278+ moTotal price15-mo lease
Rent Savings
20 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Luxury Living
Experience Modern Comfort in Scenic North Phoenix
Bask Deer Valley offers a luxurious lifestyle in the picturesque setting of North Phoenix. Residents enjoy modern amenities, with in-unit luxury finishes and community features like a resort-style pool and fitness center. Conveniently located with easy access to I-17, this is the perfect home for those seeking style and convenience.
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1 Bedroom Apartments in Phoenix (502)

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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.