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

Parc Midtown
$1,345
3993 North 3rd Avenue, Phoenix, AZ 85013
(334) 458-9483
16 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Nest technology, Patio / balcony, Granite counters, Hardwood floors, Dishwasher + more
Modern Oasis
Resort-style living in a vibrant setting.
Parc Midtown offers a resort-like atmosphere with top-notch amenities. Enjoy the refreshing pool, state-of-the-art gym, and a welcoming pet environment. Its prime location near the light rail ensures seamless transit and easy access to local attractions, dining, and entertainment.
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Aspire West Phoenix
$739
4903 West Thomas Road, Phoenix, AZ 85018
(623) 399-4574
Rent Savings
21 units available
Studio • 1 bed
Amenities
On-site laundry, Hardwood floors, Dishwasher, Pet friendly, Carport, Recently renovated + more
Prime Location
Vibrant community near local parks and dining.
Aspire West Phoenix offers a vibrant community living experience with easy access to shopping and dining. Located in a prime area of Phoenix, enjoy the convenience of nearby parks and schools within walking distance. The pet-friendly apartments boast top-tier amenities, creating a comfortable and enjoyable home environment.
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Joy on 4th
$1,360
700 N 4th Street, Phoenix, AZ 85004
(602) 960-5953
14 units available
Studio • 1 bed • 2 bed • 3 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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Villages at Metro Center
$745
9652 N 31st Ave, Phoenix, AZ 85051
(563) 926-6030
Rent Savings
55 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
On-site laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Parking + more
Convenience Hub
Comfort Meets Ideal Local Convenience
The Villages at Metro Center boasts an enviable location in Phoenix, nestled close to shopping centers, entertainment venues, and excellent schools. Residents cherish the convenience, easy commuting, and a host of amenities like four sparkling pools and a fitness center. With pet-friendly accommodations, it's easy to see why this community is a desirable living destination.
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Arts District Apartments
$1,355
222 E. McDowell Rd, Phoenix, AZ 85004
(480) 845-0701
Rent Savings
21 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Nest technology, Wine room, Granite counters, Pet friendly, Stainless steel + more
Arts Haven
Prime Location with Modern Amenities
Nestled in the Alvarado Historic District, Arts District Apartments offer a prime location near Phoenix's bustling attractions. Residents enjoy top-notch amenities like in-unit laundry, a wine room, and a 24-hour gym. Both cats and dogs are welcome, making it perfect for pet owners.
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The Ryan
188 E Jefferson St, Phoenix, AZ 85004
(573) 464-3288
$1,515+ moTotal price6-mo lease
Rent Savings
34 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Downtown Gem
Exceptional living in lively Downtown Phoenix location
The Ryan offers an unparalleled living experience in the heart of vibrant Downtown Phoenix. Enjoy modern, spacious apartments with stunning city views and high-end finishes. Residents appreciate the extensive amenities, including a rooftop pool, fitness center with Peloton bikes, and a welcoming resident bar. Steps away are restaurants, entertainment options, and the visually striking Footprint Center.
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Saiya
802 North 1st Avenue, Phoenix, AZ 85003
(810) 215-7955
$1,704+ moTotal price15-mo lease
280 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Nest technology, Patio / balcony, Dishwasher, Pet friendly, Garage + more
Amenity-Rich
Experience vibrant urban living with unmatched amenities.
Saiya is an amenity-rich property nestled in vibrant Downtown Phoenix. Experience city-living with unparalleled amenities, including a two-story fitness center, rooftop lounge, and an extensive game room. Residents rave about the welcoming lobbies and appreciate pet-friendly perks like a dog park and wash facilities.
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Monte Viejo
$1,049
2220 E Beardsley Road, Phoenix, AZ 85024
(475) 255-3211
Rent Savings
47 units available
Studio • 1 bed • 2 bed • 3 bed • 4 bed
Amenities
In unit laundry, Nest technology, Patio / balcony, Pet friendly, Garage, Recently renovated + more
Modern Convenience
Enjoy contemporary living in vibrant North Phoenix.
Monte Viejo places you in modern elegance, boasting a diverse array of floor plans to suit your lifestyle. The property's ideal location ensures effortless commuting with easy access to major highways. Residents love the attentive service from the friendly front office staff, ensuring peace of mind and a smooth living experience.
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Desert Meadows - Affordable Housing
$900
16819 N 42nd Ave, Phoenix, AZ 85053
(602) 838-7184
2 units available
Studio • 1 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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Camelback Properties - Affordable Housing
$900
5102 North 11th Avenue, Phoenix, AZ 85013
(602) 905-8363
4 units available
Studio • 1 bed
Amenities
On-site laundry, Pet friendly, 24hr maintenance, Carport, Pool, Air conditioning + more
Central Convenience
Central Phoenix location with great amenities
Camelback Properties offers a central Phoenix location, providing easy access to public transportation, shopping, and dining. The community features a peaceful environment with well-maintained amenities like two pools and a spa. Cats and dogs are welcome, ensuring a pet-friendly atmosphere for all residents.
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Halogen
$1,499
3420 E Bell Road, Phoenix, AZ 85032
(256) 588-8769
Rent Savings
35 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Dogs allowed, Garage + more
Luxury Living
Vibrant living in Phoenix with top-notch amenities.
Experience a serene oasis at Halogen in Phoenix, offering residents exclusive access to a bustling clubhouse and resort-style amenities. Residents adore the modern apartments with luxurious finishes. A quick stroll reveals nearby parks and eateries, adding to the convenience.
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Aura Uptown
$1,470
201 West Coolidge Street, Phoenix, AZ 85013
(623) 400-6549
Rent Savings
95 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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AVE Phoenix Sky
$1,395
601 North 3rd Avenue, Phoenix, AZ 85003
(276) 600-0926
13 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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Pierson Place Apartments
$950
365 West Pierson Street, Phoenix, AZ 85013
(928) 550-6700
2 units available
Studio • 1 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Historic Elegance
Live in style at Pierson Place Apartments
Pierson Place Apartments offers an elegant blend of historic charm and modern amenities in Phoenix's Pierson Historical District. With granite countertops, wood-style flooring, and stainless steel appliances, residents enjoy upscale living. Centrally located near the Camelback Corridor, it provides easy access to dining, shopping, and entertainment.
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Circa Central Avenue
$1,349
1505 North Central Avenue, Phoenix, AZ 85004
(314) 907-1789
Rent Savings
21 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
$1,300
600 N 4th St, Phoenix, AZ 85004
(623) 303-5211
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.
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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.