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 20
Urbana on 12th
$1,070
4225 N 12th St, Phoenix, AZ 85014
(205) 627-4883
Rent Savings
18 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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1 of 39
Parq on 50th
Ask for price
5008 East Thomas Road, Phoenix, AZ 85018
(602) 962-3484
Contact for Availability
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Verified listing
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Lore South Mountain
$1,144
13021 South 48th Street, Phoenix, AZ 85044
(534) 248-6859
Rent Savings
28 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.
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Aura Uptown
$1,470
201 West Coolidge Street, Phoenix, AZ 85013
(623) 400-6549
Rent Savings
75 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Pet friendly, Garage, Walk in closets, Gym, Pool + more
Resort Vibes
Resort-style living in vibrant Phoenix neighborhood.
Aura Uptown offers a luxurious living experience with its resort-style pool and spa, ideal for lounging and socializing. Fitness enthusiasts will enjoy the state-of-the-art gym. Its location near Uptown Plaza ensures easy access to a variety of dining and entertainment options.
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Cactus Forty-2
$1,360
4242 East Cactus Road, Phoenix, AZ 85032
(520) 357-9697
Rent Savings
13 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Dishwasher, Pet friendly, 24hr maintenance + more
Luxury Living
Resort-style amenities near Paradise Valley shopping.
Cactus Forty-2 offers a luxurious living experience with modern apartments featuring high-end finishes like stainless steel appliances and granite countertops. Enjoy a vacation-like lifestyle with a resort-style pool, state-of-the-art fitness center, and welcoming pet-friendly policies, including an on-site pet park. Nestled near Paradise Valley, residents benefit from convenient access to shopping centers, dining options, and outdoor activities.
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ReNue Downtown
$1,108
1350 West Van Buren Street, Phoenix, AZ 85007
(623) 304-4681
14 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Modern Comfort
Prime location with abundant amenities.
ReNue Downtown in Phoenix offers a luxurious lifestyle with its modern amenities and thoughtful design. Enjoy the convenience of in-home washers and dryers, a stunning pool, and a fitness center. Located near Interstate 10, it's perfect for exploring Phoenix's dining and entertainment options.
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AVE Phoenix Terra
$1,657
555 N 5th Avenue, Phoenix, AZ 85003
(602) 517-0436
15 units available
Studio • 1 bed • 2 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.
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VB on 12th Street
Ask for price
220 N 12th St, Phoenix, AZ 85034
(602) 671-0801
Rent Savings
Contact for Availability
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Pet friendly, 24hr maintenance + more
Verified listing
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AVE Phoenix Sky
$1,350
601 North 3rd Avenue, Phoenix, AZ 85003
(276) 600-0926
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.
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Arcadia Gardens
$899
3101 N 32nd Street, Phoenix, AZ 85018
(602) 461-8645
9 units available
Studio • 1 bed
Amenities
24hr laundry, Putting green, Patio / balcony, Granite counters, Hardwood floors, Dishwasher + more
Pet Paradise
Thriving community with convenient pet-friendly policy.
Arcadia Gardens offers a serene environment with easy access to abundant dining and entertainment options. Residents praise the friendly management and pristine grounds, making it a pleasant place to call home. Pet-friendly amenities are a significant perk, welcoming both cats and dogs. Explore nearby parks, enhancing your lifestyle with nature and relaxation opportunities.
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5.0
Imperial
$977
919 North 20th Street, Phoenix, AZ 85006
(708) 576-4096
Rent Savings
Top rated for Location
“Area is super safe. Maintenance is always on point , they come right away! Celeste is super sweet as well , she has always been helpful whenever I have questions. I love my apt , and thankful for the Elevators!!!!”
12 units available
Studio • 1 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Pet friendly, Parking, Pool table + more
Quiet Elegance
Spacious units near vibrant park in Phoenix.
Imperial in Phoenix offers a serene and well-maintained environment complemented by spacious floor plans. Residents enjoy the tranquility enhanced by thick walls and appreciate the nearby park, offering lovely views. With dogs and cats allowed, the community is welcoming for pet owners seeking a peaceful haven with modern amenities.
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2025 West
$750
2025 West Indian School Road, Phoenix, AZ 85015
(602) 806-9081
Rent Savings
19 units available
Studio • 1 bed • 2 bed
Amenities
On-site laundry, Patio / balcony, Hardwood floors, Pet friendly, Parking, Recently renovated + more
Ideal Location
Prime Phoenix Location with Excellent Amenities
2025 West offers a prime spot in Phoenix with easy access to major highways and public transportation. This cost-effective gem is perfect for those who value convenience and top-notch amenities, including two resort-style pools and a well-maintained fitness center. Residents love the community feel, which fosters a friendly atmosphere and responsive management.
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Circa Central Avenue
$1,279
1505 North Central Avenue, Phoenix, AZ 85004
(314) 907-1789
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.
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4.0
Skyline Lofts Apartment Homes
$1,310
600 N 4th St, Phoenix, AZ 85004
(623) 303-5211
Top rated for Value
“The amenities are mediocre but the pool is nice.”
21 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.
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Escape
$1,400
4700 N 16th St, Phoenix, AZ 85016
(602) 497-2986
15 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Luxury Living
Experience luxury and convenience in Phoenix's prime spot.
Escape Apartment Homes in Phoenix offer luxurious living with a prime location. Residents enjoy diverse floor plans, modern amenities, and convenience with eateries and entertainment nearby. Cats and dogs find a home here too, with dedicated play areas.
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Paloma Village
$920
2827 North 51st Avenue, Phoenix, AZ 85035
(602) 313-0059
Rent Savings
15 units available
Studio • 1 bed • 2 bed
Amenities
On-site laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, Parking + more
Convenient Living
Vibrant Location with Excellent Amenities and Pet-Friendly Atmosphere
Paloma Village offers a dynamic living experience in West Phoenix. Renters are drawn to its well-maintained environment, where good neighbors and a peaceful atmosphere abound. The community's strategic location provides easy access to shopping centers and the I-10 freeway, making commuting a breeze. Cats and dogs are welcome, adding to the inclusive, warm ambiance.
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1 Bedroom Apartments in Phoenix (502)

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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.