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 104
Union at Roosevelt I and II
$1,349
888 North 1st Avenue, Phoenix, AZ 85003
(602) 536-7577
Rent Savings
26 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Pet friendly, New construction, Garage + more
Downtown Living
Modern oasis in vibrant downtown Phoenix.
Union at Roosevelt offers a vibrant downtown Phoenix lifestyle with exceptional proximity to transportation, restaurants, and entertainment. Enjoy luxurious amenities such as in-unit laundry, hardwood floors, and spacious balconies. Cats and dogs are welcome here, adding to the community's pet-friendly atmosphere.
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AVE Paradise Valley
$1,758
12400 North Tatum Boulevard, Phoenix, AZ 85032
(938) 800-9050
34 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Hardwood floors, Dishwasher, Pet friendly, Parking, Stainless steel + more
Pet Paradise
Convenient location near shops and dining options.
AVE Paradise Valley offers a prime location in Phoenix, just steps away from trendy shops and delicious dining hotspots. Residents praise the convenience of having a Whole Foods on-site and being in proximity to favorites like Sephora and Federal Pizza. With both dogs and cats allowed, and a wealth of pet-friendly amenities, it's perfect for pet enthusiasts.
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Desert Meadows - Affordable Housing
$900
16819 N 42nd Ave, Phoenix, AZ 85053
(602) 838-7184
4 units available
Studio • 2 bed
Amenities
On-site laundry, Patio / balcony, Dishwasher, Pet friendly, Air conditioning, Playground + more
Peaceful Retreat
Spacious apartments in a quiet, pet-friendly community.
Desert Meadows offers spacious apartments in a well-maintained and peaceful setting. The friendly management team ensures a smooth and welcoming move-in experience. Residents enjoy amenities such as a swimming pool, dog park, and tennis court, perfect for relaxation and leisure. Cats and dogs are welcome, making it ideal for pet lovers.
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Streamliner 16
$999
1616 East Polk Street, Phoenix, AZ 85006
(623) 280-1821
Rent Savings
13 units available
Studio • 1 bed • 2 bed
Amenities
On-site laundry, Pet friendly, Parking, Stainless steel, Gym, Pool + more
Modern Comfort
Contemporary charm in Phoenix's vibrant Montezuma Heights.
Streamliner 16 offers a perfect blend of modern design and downtown convenience. With easy access to highways, and a host of entertainment and dining options, it caters to those seeking a vibrant lifestyle. Residents love the thoughtful amenities and functional floor plans tailored to modern living.
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5.0
Streamliner 67
$924
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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Stonebridge at Paradise Valley
$1,175
4315 East Thunderbird Road, Phoenix, AZ 85032
(602) 806-1224
33 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Carport + more
Exceptional Amenities
Well-maintained property with abundant amenities.
Stonebridge at Paradise Valley offers exceptional amenities and a pristine living environment. Residents have praised the friendly and efficient office staff, quiet surroundings, and clean grounds. Located within walking distance to numerous restaurants, parks, and schools, it’s a place of convenience and comfort.
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The Trend at 51 Apartment Homes
$1,185
1615 E Georgia Ave, Phoenix, AZ 85016
(602) 362-7399
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.
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Connect on Union
2311 East Union Hills Drive, Phoenix, AZ 85024
(220) 300-8204
$1,078+ moTotal price13-mo lease
Rent Savings
11 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, Parking, Stainless steel + more
Luxury Living
Luxury and comfort in Phoenix's prime location.
Connect on Union offers a blend of style and comfort with modern amenities, including cats and dogs allowed. Residents rave about the friendly staff and efficient maintenance. Enjoy easy access to shopping, highways, and schools for a convenient lifestyle.
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5.0
North Mountain Village
$794
3333 West Thunderbird Road, Phoenix, AZ 85053
(762) 324-0962
Rent Savings
Top rated for Location
“Very friendly. Rental office employees are always helpful.”
15 units available
Studio • 1 bed • 2 bed
Amenities
On-site laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Walk in closets + more
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Alanna
$1,325
100 S. 48th Street, Phoenix, AZ 85034
(989) 748-8351
Rent Savings
62 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Pet friendly, 24hr maintenance, Garage, Stainless steel + more
Modern Oasis
Convenient, pet-friendly living with exemplary amenities.
Discover unparalleled modern living at Alanna, where spacious and well-maintained units await. Enjoy the convenience of in-unit laundry and a variety of luxurious amenities, including a saltwater pool and fitness center. If you have a furry friend, both cats and dogs are warmly welcomed.
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Monterey Village
4707 East McDowell Road, Phoenix, AZ 85008
(229) 374-6259
$1,050+ moTotal price12-mo lease
Rent Savings
10 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Central Convenience
Minutes from ASU and Downtown Tempe
Monterey Village Apartments boast a central location just minutes from ASU, downtown Phoenix, and downtown Tempe, offering prime access to entertainment and amenities. This cost-effective gem features impressive recent renovations and a friendly staff committed to residents' satisfaction. Cats and dogs are both welcome, making it a perfect home for pet owners.
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Joy on 4th
$1,460
700 N 4th Street, Phoenix, AZ 85004
(602) 960-5953
11 units available
Studio • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Vibrant Downtown
Prime Location with Luxurious Amenities
Nestled in the heart of vibrant Downtown Phoenix, Joy on 4th offers unparalleled access to cultural attractions, dining options, and entertainment. Residents rave about the luxurious amenities, like the rooftop pool, modern fitness center, and Sky Lounge with breathtaking views. It's a lively community where both dogs and cats are welcome, perfectly suited for those seeking a dynamic urban lifestyle.
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Arcadia Villa Apartments
$952
3915 East Camelback Road, Phoenix, AZ 85018
(602) 707-6629
Rent Savings
13 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Dishwasher, Pet friendly, 24hr maintenance + more
Urban Oasis
Tropical living in trendy Arcadia Lite.
Arcadia Villa Apartments offers a serene urban oasis with easy access to trendy dining and entertainment options. Renters enjoy luxurious amenities like two sparkling pools, a modern fitness center, and pet-friendly accommodations. This prime location in the Biltmore area ensures you are moments away from everything Phoenix has to offer.
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The Met at 3rd and Fillmore
200 East Fillmore Street, Phoenix, AZ 85004
(507) 585-4115
$1,699+ moTotal price13-mo lease
Rent Savings
10 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Dishwasher, Pet friendly, Garage + more
Downtown Luxury
Peaceful haven in bustling downtown Phoenix.
The Met at 3rd and Fillmore offers a luxurious lifestyle in the heart of downtown Phoenix. Walk to Arizona State University and numerous vibrant downtown attractions. Residents enjoy modern amenities, including charming fireplaces, a refreshing pool, and convenient in-unit laundry. Both dogs and cats are welcomed here, ensuring a home-like feeling for pet lovers.
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Ironwood at Happy Valley
$1,305
24025 N 23rd Ave, Phoenix, AZ 85085
(507) 502-5847
30 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
Enjoy small-town charm in an upscale neighborhood.
Ironwood at Happy Valley offers luxurious townhome-style living in a serene and safe community. Residents appreciate the upscale features like hardwood flooring and granite countertops, along with abundant nearby dining and entertainment options. With both dogs and cats welcome, a sparkling pool, and a modern fitness center, it's the ideal spot for pet lovers seeking resort-style amenities.
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Arcadia 52
$1,215
2930 N 52nd St, Phoenix, AZ 85018
(507) 431-7478
Rent Savings
6 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.
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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.