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 Common
$1,514
4225 N 32nd St,, Phoenix, AZ 85018
(602) 584-1396
20 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Pet friendly, 24hr maintenance, Garage, Walk in closets + more
Pet Paradise
Luxury living in vibrant Arcadia Lite neighborhood.
The Common offers an engaging community atmosphere, praised by residents for its vibrant social setting and pet-friendly environment. Located in Arcadia Lite, enjoy nearby dining and entertainment options. Modern amenities like a 24/7 fitness center and entertainment pool enrich the luxury lifestyle this community provides.
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Escondido Apartments
$1,000
4422 N 36th St, Phoenix, AZ 85018
(602) 759-9466
6 units available
Studio • 1 bed
Amenities
On-site laundry, Pet friendly, 24hr maintenance, Carport, Walk in closets, 24hr gym + more
Serene Living
Prime Arcadia location with lush gardens and top amenities.
Escondido Apartments offers a tranquil oasis with charming garden-style landscaping and a sparkling swimming pool. Nestled in the vibrant Arcadia neighborhood, residents enjoy easy access to retail, dining, and entertainment. Residents rave about the 24-hour gym and pet-friendly options, with nearby trails perfect for outdoor adventures.
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The Cara
$895
4325 N 23rd Ave, Phoenix, AZ 85015
(484) 246-7984
7 units available
Studio • 1 bed • 2 bed
Amenities
On-site laundry, Pet friendly, Carport, Walk in closets, Pool, Dog park + more
Resort Oasis
Serene community in central Phoenix locale.
The Cara offers a serene living environment in central Phoenix, complemented by beautifully renovated apartments. Residents enjoy top-notch service from a dedicated management team. With amenities like a pool, dog park, and playground, it's perfect for those seeking a pet-friendly community.
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The Wexler
$799
3030 North 7th Street, Phoenix, AZ 85014
(616) 208-4212
7 units available
Studio • 1 bed • 2 bed
Amenities
On-site laundry, Cats allowed, 24hr maintenance, Recently renovated, Gym, Pool + more
Urban Retreat
Prime location near vibrant downtown Phoenix attractions.
The Wexler is a haven in the heart of Phoenix. Residents love the vibrant downtown nightlife, shopping, and dining available nearby. Amenities such as a renovated fitness center, sparkling swimming pool, and pet-friendly environment add to the property's appeal.
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Harwood on Cave Creek
$1,350
2500 E Marco Polo Rd, Phoenix, AZ 85050
(480) 906-4264
Rent Savings
13 units available
Studio • 1 bed • 2 bed
Amenities
Dishwasher, Pet friendly, Parking, Gym, Pool, Dog park + more
Desert Elegance
Modern oasis in scenic Arizona desert.
Harwood on Cave Creek offers a blend of modern design and rustic charm, nestled within the beautiful Sonoran Desert. This peaceful and aesthetically pleasing community is described as a five-star experience by residents. The property features a range of amenities, including a gym, pool, and EV charging stations, making it a perfect spot to call home.
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Tides on 27th
$694
6131 N 27th Ave, Phoenix, AZ 85014
(602) 806-9422
Rent Savings
35 units available
Studio • 1 bed • 2 bed
Amenities
W/D hookup, Dishwasher, Pet friendly, Recently renovated, Stainless steel, Pool + more
Stylish Living
Modern apartments in the vibrant Phoenix area.
Experience stylish living at Tides on 27th, a pet-friendly community. Residents love the contemporary finishes, spacious layouts, and abundant natural light in each home. Convenient amenities like on-site laundry and online portals enhance your lifestyle.
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5.0
Manor Scottsdale
$1,555
13220 North Scottsdale Road, Phoenix, AZ 85254
(623) 343-7260
Rent Savings
Top rated for Location
“Have had no issues, clean property amazing leasing team.”
24 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
Golf room, Hardwood floors, Dishwasher, Pet friendly, Parking, and Microwave
Ultimate Convenience
Luxurious living near Scottsdale's upscale amenities.
Manor Scottsdale offers a prime location in Phoenix with quick access to upscale shopping and dining options. Residents praise the community for its luxurious amenities, stunning design, and modern finishes. Both cats and dogs are welcome, ensuring a pet-friendly atmosphere for all.
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Mason Oliver Apartments
11 S 12th St, Phoenix, AZ 85034
(480) 568-4272
$1,099+ moTotal price12-mo lease
Rent Savings
29 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Pet friendly, Garage, Recently renovated, Stainless steel, Gym + more
Luxury Living
Experience elevated lifestyle in Phoenix's million marvels.
Mason Oliver Apartments offer top-tier amenities with hardwood floors, stainless steel appliances, and more. It's ideally located in Downtown Phoenix, within walking distance to Chase Field and ASU. Residents enjoy the quiet atmosphere and premium features like a resort-style pool and upgraded fitness center. With both dogs and cats allowed, it's perfect for pet enthusiasts.
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Konrad
901 E Van Buren St, Phoenix, AZ 85006
(602) 899-2187
$2,037+ moTotal price12-mo lease
Rent Savings
18 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Hardwood floors, Dishwasher, Pet friendly, Garage, Stainless steel + more
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5.0
BROADSTONE 7th Street
5727 North 7th Street, Phoenix, AZ 85014
(708) 613-8223
$1,474+ moTotal price12-mo lease
Rent Savings
Top rated for Location
19 units available
Studio • 1 bed • 2 bed
Amenities
Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, Garage, Stainless steel + 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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Rosie
625 North 2nd Avenue, Phoenix, AZ 85003
(480) 520-9756
$1,470+ moTotal price12-mo lease
Rent Savings
63 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, New construction + more
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Rise Encore
$900
5775 West Roosevelt Street, Phoenix, AZ 85043
(623) 244-5072
Rent Savings
37 units available
Studio • 1 bed • 2 bed
Amenities
24hr laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Parking + more
Ideal Commuter's
Centrally located Phoenix apartments with fantastic amenities.
Rise Encore offers a prime location with seamless access to Interstate 10, ideal for commuters. The property boasts modern interiors and a variety of spacious floor plans. Residents enjoy a wide array of amenities including a pool, gym, and basketball court, alongside pet-friendly policies that cater to both cats and dogs.
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Rise Canyon West
$865
3535 West Camelback Road, Phoenix, AZ 85019
(602) 962-1512
Rent Savings
21 units available
Studio • 1 bed
Amenities
On-site laundry, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance, Parking + more
Convenience Hub
Modern living near highways and entertainment.
Rise Canyon West offers a blend of modern interiors and spacious studio and 1-bedroom floor plans with outstanding amenities such as a fitness center, swimming pool, and picnic area. Located in North Phoenix, it is just minutes from major highways and surrounded by restaurants, entertainment venues, and shopping. This property is a top choice for those seeking convenience and comfort.
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X Phoenix
$899
200 W Monroe St, Phoenix, AZ 85003
(623) 300-1196
Rent Savings
co_living
55 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Dishwasher, Pet friendly, 24hr maintenance, Parking, Gym + more
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Moontower Phoenix
811 N 3rd Street, Phoenix, AZ 85004
(480) 741-2448
$1,495+ moTotal price15-mo lease
42 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Urban Oasis
Prime Downtown Phoenix location amidst art and culture.
Moontower Phoenix offers an exceptional downtown living experience with proximity to art galleries, restaurants, and music festivals right outside your door. Residents praise the stunning views and pet-friendly amenities, including a pet spa and on-site park. The rooftop pool and fitness center add a dash of luxury and convenience to daily life.
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4.0
Aspire Park Central
$1,389
100 W Catalina Dr, Phoenix, AZ 85013
(567) 372-1695
Rent Savings
Top rated for Location
41 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Pet friendly, Stainless steel + more
Prime Locale
Luxurious living in vibrant Midtown Phoenix.
Aspire Park Central offers a luxurious living experience within vibrant Midtown Phoenix. Nestled in a prime locale, residents enjoy easy access to downtown and a myriad of nearby shops, restaurants, and cultural sites. The community's secure environment with key fob access provides peace of mind, while modern amenities, such as a 24/7 gym and a serene sky deck, enhance the quality of life.
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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.