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.

Start your Phoenix search

How many bedrooms do you need?

Studio Apartments for Rent in Phoenix, AZ

192 rentals available

1 of 15
Arcadia 52
2930 N 52nd St, Phoenix, AZ 85018
(507) 431-7478
$1,215+ moTotal price6-mo lease
Rent Savings
4 units available
Studio • 2 bed
Amenities
In unit laundry, Hardwood floors, Pet friendly, 24hr maintenance, Carport, Recently renovated + more
Amenity Rich
Convenient location with exceptional amenities available.
Woodside offers a wealth of amenities including a pool, gym, and on-site laundry, ensuring a comfortable lifestyle for its residents. Located in the vibrant Arcadia neighborhood of Phoenix, it's conveniently close to schools, transportation, and a variety of restaurants. Reviews highlight the property's well-maintained grounds and friendly, responsive management.
Recently updated units
Verified listing
Verified
1 of 39
Parq on 50th
5008 East Thomas Road, Phoenix, AZ 85018
(602) 962-3484
$982+ moTotal price12-mo lease
7 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Cost-Effective Community
Modern amenity-rich haven near shopping and dining.
Experience cost-effective living at Parq on 50th, offering a lifestyle enriched with modern amenities. Enjoy a peaceful atmosphere, attentive staff, and a community designed with comfort in mind. The proximity to shopping centers and dining options further enhances the convenience of this beautifully maintained home.
Recently updated units
Verified listing
Verified
Madison Grove
7045 N 7th St, Phoenix, AZ 85020
(234) 265-9687
$1,050+ moTotal price6-mo lease
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.
Recently updated units
Verified listing
Verified
Escarlata 31
16645 & 16801 N 31st St, Phoenix, AZ 85032
(775) 593-7127
$1,000+ moTotal price6-mo lease
Rent Savings
5 units available
Studio • 1 bed • 2 bed
Amenities
On-site laundry, Pet friendly, Parking, Recently renovated, Stainless steel, Pool + more
Prime Location
Convenient North Phoenix Living at Its Best
Escarlata 31 offers a prime North Phoenix location with easy access to major highways and shopping destinations like Desert Ridge Marketplace and Paradise Valley Mall. Residents love the modern updates, such as stainless steel appliances and new cabinetry, that bring a fresh feel to the apartments. Amenities like a refreshing pool and playground ensure recreation is just a step away from your front door.
Recently updated units
Verified listing
Verified
AVE Phoenix Sky
601 North 3rd Avenue, Phoenix, AZ 85003
(276) 600-0926
$1,395+ moTotal price6-mo lease
Rent Savings
20 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, Garage + more
Central Luxury
Downtown Phoenix Elegance with Exceptional Amenities
AVE Phoenix Sky is set in the vibrant heart of Downtown Phoenix, offering both convenience and style. With dog and cat allowances, this high-rise residence is perfect for pet lovers. Residents praise the friendly atmosphere and seamless leasing experience, highlight a culture of professionalism and welcome.
Recently updated units
Verified listing
Verified
AVE Phoenix Terra
555 N 5th Avenue, Phoenix, AZ 85003
(602) 517-0436
$1,744+ moTotal price6-mo lease
17 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Putting green, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly + more
Central Luxury
Heart of Downtown Phoenix
AVE Phoenix Terra offers luxurious living in the vibrant neighborhood of Downtown Phoenix, making urban lifestyle a reality. With cats and dogs allowed, this community is perfect for pet lovers. Residents commend its location for easy access to exciting entertainment, dining, and transportation options. Enjoy remarkable amenities like a fully-equipped gym, pool, and inviting social spaces that enhance daily living.
Recently updated units
Verified listing
Verified
4.0
Arcadia on 49th
$909
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.”
29 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.
Recently updated units
Verified listing
Verified
The Mod Apartments
$873
2222 West Beardsley Road, Phoenix, AZ 85027
(858) 252-0033
Rent Savings
19 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Pet friendly, Parking, Stainless steel + more
Scenic Retreat
Centrally located oasis with exceptional amenities.
The Mod Apartments in North Phoenix creates a perfect blend of convenience and luxury with its prime location and impressive amenities. Residents enjoy a scenic garden community featuring two resort-style swimming pools and recreational courts for both basketball and tennis. With easy access to I-17 and the 101 freeway, everyday commutes are straightforward, ensuring more time to enjoy the community's outstanding features.
Recently updated units
Verified listing
Verified
5.0
Presidio North
$914
17031 N 11th Ave, Phoenix, AZ 85023
(832) 536-8568
Rent Savings
Top rated for Location
“The woman that helped me was so knowledgeable and extremely helpful!! I will tell everyone I know how wonderful the experience was. I would recommend them to anyone.”
29 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Carport, Recently renovated + more
Serene Living
Tranquil community with lush landscapes and top amenities.
Presidio North offers a peaceful environment surrounded by greenery, featuring a resort-style pool and beautifully landscaped courtyards. Conveniently situated near schools, parks, and dining options, this property provides a convenient and serene living experience. Reviews highlight the exceptional service by the friendly staff and efficient maintenance team.
Recently updated units
Verified listing
Verified
Circa Central Avenue
$1,319
1505 North Central Avenue, Phoenix, AZ 85004
(314) 907-1789
Rent Savings
18 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, Cable included + more
Urban Amenities
Modern living with access to downtown excitement.
Circa Central Avenue offers unmatched modern living in East Evergreen. With stunning views from the rooftop lounge, it captures the energetic spirit of Phoenix. Dogs, cats, and other small pets are welcome, enhancing the inviting community atmosphere praised by residents. Steps away from downtown attractions and transport options, it's perfect for experiencing city life.
Recently updated units
Verified listing
Verified
Park on Central
4001 North Central Avenue, Phoenix, AZ 85012
(602) 786-9190
$1,285+ moTotal price13-mo lease
15 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, Cable included + more
Urban Convenience
Downtown living with top-notch amenities and convenience.
Park on Central Apartments offers an exceptional urban living experience in the heart of Phoenix, AZ. Residents rave about the modern property, friendly staff, and luxurious amenities such as a resort-style pool and 24-hour gym. The location provides walking proximity to multiple restaurants, transportation options, and parks, making daily errands and leisure activities effortlessly convenient.
Recently updated units
Verified listing
Verified
The Trend at 51 Apartment Homes
1615 E Georgia Ave, Phoenix, AZ 85016
(602) 362-7399
$1,510+ moTotal price11-mo lease
Rent Savings
9 units available
Studio • 1 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Upscale Living
Elegant apartments with vibrant neighborhood and top-tier amenities.
The Trend at 51 Apartment Homes in Phoenix offers luxurious living with upscale apartments equipped with modern conveniences like granite countertops and in-unit laundry. Residents can enjoy fantastic amenities, including a 24/7 rooftop pool and gym, with breathtaking views. Located in a dynamic area, this pet-friendly community provides easy access to vibrant dining, shopping, and recreation options, making it a perfect choice for those seeking a refreshing lifestyle.
Recently updated units
Verified listing
Verified
4.0
Skyline Lofts Apartment Homes
600 N 4th St, Phoenix, AZ 85004
(623) 303-5211
$1,365+ moTotal price14-mo lease
Rent Savings
Top rated for Value
“The amenities are mediocre but the pool is nice.”
20 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Dishwasher, Pet friendly, 24hr maintenance + more
Urban Oasis
Luxury living in downtown Phoenix
Skyline Lofts offers luxury living in the heart of downtown Phoenix's bustling financial district. Enjoy stunning modern apartments with high-end finishes, floor-to-ceiling windows, and private balconies. With amenities like a resort-style pool, yoga studio, and on-site business center, this community is perfect for those seeking a vibrant urban lifestyle. Cats and dogs are welcome, making it a perfect choice for pet lovers.
Recently updated units
Verified listing
Verified
Roosevelt Row
330 E Roosevelt St, Phoenix, AZ 85004
(623) 462-2196
$1,580+ moTotal price6-mo lease
19 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Nest technology, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly + more
Downtown Luxury
Prime location in vibrant downtown Phoenix arts district.
Experience the vibrant lifestyle of downtown Phoenix at Roosevelt Row. Located in the arts district, enjoy easy access to galleries, restaurants, and nightlife within walking distance. The property boasts luxurious apartments with modern finishes and a host of amenities, including a rooftop deck and a resort-style pool. Residents rave about the friendly staff and the vibrant community vibe.
Recently updated units
Verified listing
Verified
Acclaim
2506 West Dunlap Avenue, Phoenix, AZ 85021
(480) 376-7129
$965+ moTotal price10-mo lease
Rent Savings
19 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.
Recently updated units
Verified listing
Verified
Lore South Mountain
$1,210
13021 South 48th Street, Phoenix, AZ 85044
(534) 248-6859
Rent Savings
19 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Putting green, Patio / balcony, Granite counters, Hardwood floors, Dishwasher + more
Pet Paradise
Resort-style amenities with great local access.
Lore South Mountain offers a luxurious living experience with its superior amenities and resort-inspired services. Located in Ahwatukee, residents enjoy easy access to both local hotspots and peaceful retreats, making it an ideal location for a dynamic lifestyle. The property features spacious units equipped with full-sized washers and dryers, making everyday life convenient.
Recently updated units
Verified listing
Verified

More Rental Options

Bedrooms

1 Bedroom Apartments in Phoenix (520)

Price

Amenities

Property Type

Phoenix Short-term Apartments (189)

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.