Is a studio apartment cheaper than a one bedroom? Yes, a studio apartment is almost always cheaper than a one-bedroom apartment in terms of a total dollars per month, but usually more expensive on a dollar-per-square-foot basis. Quick Summary Video (if you prefer)...and then keep reading... What do you mean by more expensive per square foot? Let's say that you see a studio listed at $1,500/month and a 1 bedroom listed at $1,800/month...but if the studio is only 500 square feet (that's $3/sq foot) whereas if the 1 bedroom apartment is 750 square feet (that's $2.4 per square foot). In