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 38
Villa Toscana
10201 North 33rd Avenue, Phoenix, AZ 85051
(910) 212-4483
$799+ moTotal price6-mo lease
Rent Savings
18 units available
Studio • 1 bed • 2 bed
Amenities
On-site laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Cost-Effective Luxury
Elegant living near Phoenix's vibrant amenities.
Villa Toscana blends convenience and luxury in an ideal Phoenix location. With its beautifully renovated settings and great community amenities, it offers cost-effective living priced below the metro average. Enjoy nearby attractions including vibrant dining, shopping, and entertainment options.
Recently updated units
Verified listing
Verified
1 of 13
5.0
Elevation on Central
4650 N Central Ave, Phoenix, AZ 85012
(480) 462-5682
$1,337+ moTotal price12-mo lease
Rent Savings
Top rated for Location
“I am enjoying leaving here!!!!!”
25 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Google fiber, Patio / balcony, Granite counters, Dishwasher, Pet friendly + more
Prime Location
Easy access to dining, transport, and entertainment venues.
Elevation on Central offers a vibrant location with unmatched accessibility to dining, entertainment, and transportation. Residents appreciate the proximity to the light rail and major highways that enhance their commuting experience. The community amenities, such as the pool and fitness center, are celebrated by residents for their quality and maintenance.
Recently updated units
Verified listing
Verified
The Cascades Apartments
3550 East Campbell Avenue, Phoenix, AZ 85018
(765) 885-6193
$1,266+ moTotal price14-mo lease
Rent Savings
8 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Pet friendly, 24hr maintenance, Parking, Recently renovated + more
Recently updated units
Verified listing
Verified
The Elton Apartment Homes
$697
2420 N 24th St, Phoenix, AZ 85008
(602) 362-7381
6 units available
Studio
Amenities
On-site laundry, Pet friendly, 24hr maintenance, Walk in closets, Air conditioning, Ceiling fan + more
Central Sanctuary
Relax by the pool in vibrant Phoenix.
Discover serene living at The Elton Apartments in Phoenix. Enjoy a refreshing swim in our pool and socialize at the BBQ area. With convenient access to local shopping, museums, and entertainment, this community offers vibrant city living with all the comforts of home.
Recently updated units
Verified listing
Verified
Spectra Midtown
$759
2030 West Indian School Road, Phoenix, AZ 85015
(602) 905-3366
Rent Savings
14 units available
Studio • 1 bed
Amenities
On-site laundry, Pet friendly, Parking, Recently renovated, Walk in closets, Gym + more
Vibrant Location
Convenience and Comfort in Phoenix's Exciting Locale
Spectra Midtown offers an exciting lifestyle with proximity to the vibrant Melrose District and quick access to major highways. This property features stellar amenities like a pool, gym, and yoga studio, perfect for an active lifestyle. Residents love the spacious, well-maintained apartments and appreciate the responsive management team. Dogs and cats are welcome, making it an ideal choice for pet owners.
Recently updated units
Verified listing
Verified
Hidden Cove Apartments
$899
2001 West Union Hills Drive, Phoenix, AZ 85027
(325) 230-7093
Rent Savings
3 units available
Studio • 1 bed
Amenities
On-site laundry, Dishwasher, Pet friendly, Parking, Pool, Ceiling fan + more
Prime Location
Convenient Access to Phoenix's Vibrant Life
Nestled in Phoenix, Hidden Cove Apartments offer a serene escape with prime access to I-17 and the 101, ensuring seamless commutes. Residents rave about the spacious, bright interiors and the community-oriented swimming pool. On-site conveniences like covered parking and responsive management only enhance the charm.
Recently updated units
Verified listing
Verified
The Common
$1,499
4225 N 32nd St,, Phoenix, AZ 85018
(602) 584-1396
12 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Nest technology, Patio / balcony, Pet friendly, Stainless steel, 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.
Recently updated units
Verified listing
Verified
Cove on 44th
$925
4030 N 44th Ave, Phoenix, AZ 85031
(267) 367-6128
Rent Savings
17 units available
Studio • 1 bed
Amenities
In unit laundry, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance, Cable included + more
Modern Oasis
Stylish living with great value and prime convenience.
Cove on 44th offers a harmonious blend of style and value, positioned 38% below the metro price average. Experience contemporary living with amenities like a resort-style pool and spacious layouts equipped with quartz countertops and stainless steel appliances. Enjoy easy access to dining, entertainment, and recreation within walking distance.
Recently updated units
Verified listing
Verified
Escondido Apartments
$1,000
4422 N 36th St, Phoenix, AZ 85018
(602) 759-9466
12 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.
Recently updated units
Verified listing
Verified
Canyon 35
4336 N 35th Ave, Phoenix, AZ 85017
(602) 641-4492
$799+ moTotal price12-mo lease
11 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Value Gem
Top value with luxury amenities in Phoenix.
Canyon 35 offers exceptional value with prices below the metro average, complemented by luxurious amenities. Residents love the modern renovations and upscale features like granite countertops. Enjoy a pet-friendly community with a pool and 24-hour gym, perfect for convenient and active living.
Recently updated units
Verified listing
Verified
Cortland Biltmore
2727 East Camelback Road, Phoenix, AZ 85016
(863) 509-1086
$1,762+ moTotal price12-mo lease
17 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Recently updated units
Verified listing
Verified
Cielo
8222 North 19th Avenue, Phoenix, AZ 85021
(256) 487-9307
$682+ moTotal price12-mo lease
Rent Savings
27 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Dishwasher, Pet friendly, 24hr maintenance + more
Inviting Retreat
Comfort meets convenience in vibrant Phoenix neighborhood.
Cielo Apartments offer a welcoming community enriched with two exceptional swimming pools and an inviting outdoor lounge area featuring firepits. Easily accessible via public transportation, these homes provide effortless convenience to Phoenix's local amenities, including nearby shopping centers and dining options. Residents rave about the stylish, modern interiors with granite countertops, in-unit washers, and dryers.
Recently updated units
Verified listing
Verified
Rise Canyon West
3535 West Camelback Road, Phoenix, AZ 85019
(602) 962-1512
$830+ moTotal price12-mo lease
Rent Savings
18 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.
Recently updated units
Verified listing
Verified
Rise at the Preserve
1502 West Glendale Avenue, Phoenix, AZ 85021
(520) 376-8739
$660+ moTotal price12-mo lease
Rent Savings
17 units available
Studio • 1 bed • 2 bed
Amenities
24hr laundry, Pet friendly, Carport, Recently renovated, Walk in closets, Pool + more
Renovated Community
Modern living near parks and public transport.
Rise at the Preserve offers modern living in Phoenix, AZ. With recent renovations, residents enjoy a clean and safe environment. The community boasts amenities such as a gym, pool, and dog park, ensuring a vibrant lifestyle.
Recently updated units
Verified listing
Verified
Rise Desert West
6131 West Thomas Road, Phoenix, AZ 85033
(623) 292-7977
$850+ moTotal price12-mo lease
Rent Savings
17 units available
Studio • 1 bed • 2 bed
Amenities
On-site laundry, Patio / balcony, Dishwasher, Pet friendly, Parking, Recently renovated + more
Scenic Desert
Elevated living with desert charm and prime location.
Rise Desert West Apartments provide a stunning desert backdrop alongside enticing amenities and accessibility. Revel in nearby shopping and dining options, complemented by easy freeway access. Residents love the well-maintained facilities like the pool and gym, as well as the responsive management team.
Recently updated units
Verified listing
Verified
Rise Midtown Apartments
3815 North 16th Street, Phoenix, AZ 85016
(602) 666-8775
$795+ moTotal price12-mo lease
29 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Dishwasher, Pet friendly, New construction + more
Serene Oasis
Peaceful living with vibrant dining and shopping nearby.
Rise Midtown Apartments offers a serene living experience paired with modern conveniences. Located in the heart of Phoenix, residents enjoy easy access to diverse shopping and dining options, as well as proximity to the Piestewa Peak freeway for simple commuting. The property's well-maintained and clean environment, complemented by friendly staff, ensures a comfortable atmosphere.
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.