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
Camelback Cove Apartments
$935
4802 North 12th Street, Phoenix, AZ 85014
(908) 883-3641
Rent Savings
22 units available
Studio • 1 bed • 2 bed
Amenities
24hr laundry, Patio / balcony, Granite counters, Dishwasher, Pet friendly, 24hr maintenance + more
Pet-Friendly
Ideal Location with Excellent Amenities
Camelback Cove Apartments boast an ideal location in Phoenix with excellent amenities including a pool, 24hr gym, and recently renovated interiors. Residents love the friendly and helpful office staff, and praise the maintenance team for their prompt service. Its quiet environment and considerate neighbors create a family-friendly atmosphere. Plus, both cats and dogs are welcome here, adding to its charm.
Recently updated units
Verified listing
Verified
1 of 20
The Cascades Apartments
$1,309
3550 East Campbell Avenue, Phoenix, AZ 85018
(765) 885-6193
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
Sierra Foothills
$1,387
13601 S 44th Street, Phoenix, AZ 85044
(928) 660-4011
Rent Savings
21 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Garage + more
Resort Living
Luxury community near vibrant Phoenix attractions.
Sierra Foothills offers a luxurious living experience with amenities like a shimmering pool, hot tub, and 24-hour gym. Residents enjoy modern interiors with stainless-steel appliances and lavish finishes. Conveniently located near Phoenix and major roads, it's ideal for easy commuting.
Recently updated units
Verified listing
Verified
Cortland Biltmore
$1,720
2727 East Camelback Road, Phoenix, AZ 85016
(863) 509-1086
Rent Savings
14 units available
Studio • 1 bed • 2 bed • 3 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
$650+ moTotal price12-mo lease
Rent Savings
15 units available
Studio • 1 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
The Art on Highland
4626 North 16th Street, Phoenix, AZ 85016
(623) 300-3248
$1,129+ moTotal price12-mo lease
Rent Savings
40 units available
Studio • 1 bed • 2 bed
Amenities
Patio / balcony, Pet friendly, 24hr maintenance, Garage, 24hr gym, Pool + more
Prime Location
Modern living in Phoenix, prime location benefits.
The Art on Highland offers a modern lifestyle in the heart of Phoenix. With convenient access to shopping and dining, it's perfect for those who enjoy vibrant city life. The property features top-notch amenities like in-unit laundry, a 24-hour gym, and a pool, enhancing your living experience.
Recently updated units
Verified listing
Verified
The McKinley
$1,347
280 W McKinley St, Phoenix, AZ 85003
(231) 359-3732
Rent Savings
12 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Garage + more
Urban Oasis
Dynamic Downtown Lifestyle in Roosevelt Row, Phoenix
The McKinley offers an urban lifestyle in the vibrant Downtown Phoenix neighborhood of Roosevelt Row. With resort-style amenities and modern apartments, you'll be steps away from art galleries, dining, and nightlife. The area is highly walkable and bike-friendly, perfect for those who enjoy city living.
Recently updated units
Verified listing
Verified
Rise Canyon West
$830
3535 West Camelback Road, Phoenix, AZ 85019
(602) 962-1512
Rent Savings
15 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 Desert West
$795
6131 West Thomas Road, Phoenix, AZ 85033
(623) 292-7977
Rent Savings
16 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 Encore
$1,195
5775 West Roosevelt Street, Phoenix, AZ 85043
(623) 244-5072
Rent Savings
44 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
24hr laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Parking + more
Ideal Commuter's
Centrally located Phoenix apartments with fantastic amenities.
Rise Encore offers a prime location with seamless access to Interstate 10, ideal for commuters. The property boasts modern interiors and a variety of spacious floor plans. Residents enjoy a wide array of amenities including a pool, gym, and basketball court, alongside pet-friendly policies that cater to both cats and dogs.
Recently updated units
Verified listing
Verified
Altura
330 East Pierce Street, Phoenix, AZ 85004
(602) 461-7239
$1,199+ moTotal price12-mo lease
Rent Savings
26 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Hardwood floors, Pet friendly, Garage, Walk in closets, Gym + more
Urban Luxury
Modern high-rise living in vibrant Phoenix locale.
Altura offers luxurious high-rise living in Downtown Phoenix. Experience a vibrant lifestyle with easy access to exceptional dining, shopping, and cultural activities. Residents love the stunning rooftop pool, expansive fitness center, and the excellent service provided by the team. Cats and dogs are welcome, making it a perfect home for pet owners.
Recently updated units
Verified listing
Verified
Moontower Phoenix
811 N 3rd Street, Phoenix, AZ 85004
(480) 741-2448
$1,545+ moTotal price15-mo lease
37 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Urban Oasis
Prime Downtown Phoenix location amidst art and culture.
Moontower Phoenix offers an exceptional downtown living experience with proximity to art galleries, restaurants, and music festivals right outside your door. Residents praise the stunning views and pet-friendly amenities, including a pet spa and on-site park. The rooftop pool and fitness center add a dash of luxury and convenience to daily life.
Recently updated units
Verified listing
Verified
ReNew Biltmore
$799
2911 East Indian School Rd, Phoenix, AZ 85016
(602) 342-8044
Rent Savings
28 units available
Studio • 1 bed • 2 bed
Amenities
On-site laundry, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance, Parking + more
Urban Oasis
Elegantly refined living in Camelback Corridor.
ReNew Biltmore is nestled in the desirable Camelback Corridor of Phoenix, offering residents an urban oasis with a peaceful and quiet atmosphere. Enjoy the convenience of walkable access to grocery stores, schools, and an array of dining options. Top-notch amenities such as resort-style pools, a state-of-the-art gym, and beautifully landscaped courtyards enhance the living experience. With both cats and dogs allowed, it’s a haven for pet lovers.
Recently updated units
Verified listing
Verified
4.0
Aspire Park Central
$1,553
100 W Catalina Dr, Phoenix, AZ 85013
(567) 372-1695
Rent Savings
Top rated for Location
28 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Pet friendly, Stainless steel + more
Prime Locale
Luxurious living in vibrant Midtown Phoenix.
Aspire Park Central offers a luxurious living experience within vibrant Midtown Phoenix. Nestled in a prime locale, residents enjoy easy access to downtown and a myriad of nearby shops, restaurants, and cultural sites. The community's secure environment with key fob access provides peace of mind, while modern amenities, such as a 24/7 gym and a serene sky deck, enhance the quality of life.
Recently updated units
Verified listing
Verified
Inhabit on 7th
$1,059
5615 N 7th St, Phoenix, AZ 85014
(602) 598-5651
Rent Savings
5 units available
Studio • 1 bed
Amenities
24hr laundry, Patio / balcony, Pet friendly, Stainless steel, Pool, Dog park + more
Modern Amenities
Contemporary living with superb features in central Phoenix.
Inhabit on 7th offers newly remodeled studio and one-bedroom apartments in central Phoenix, complete with stylish wood plank flooring and quartz countertops. Residents praise the location for its convenience to dining, shopping, and public transportation. With pet-friendly policies for dogs and cats, and a wealth of amenities including a fitness center and pool, this community provides a comprehensive and contemporary urban lifestyle.
Recently updated units
Verified listing
Verified
Melrose 3130
$899
3130 N 7th Ave, Phoenix, AZ 85013
(903) 290-0828
Rent Savings
24 units available
Studio
Amenities
On-site laundry, Patio / balcony, Pet friendly, Pool, Package receiving, Elevator + more
Convenient Living
Prime Midtown Phoenix Location Near Amenities
Melrose 3130, located in the heart of Midtown Phoenix, offers recently renovated studio apartments surrounded by a wealth of amenities. Both cats and dogs are warmly welcomed, making it the perfect home for pet lovers. With convenient access to public transportation and highly praised management, residents enjoy a clean, quiet, and friendly community. The neighborhood provides plenty of restaurants, parks, and schools within walking distance.
Recently updated units
Verified listing
Verified

More Rental Options

Bedrooms

1 Bedroom Apartments in Phoenix (502)

Price

Amenities

Property Type

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.