Studio apartments can be an amazing first step when moving off campus. They are small and efficient. Utilities can be low and there is no need for a lot of furniture. When I decided to go it alone and get a place with out roommates I snatched up a small studio walking distance from campus and I could not have been any happier.
With that being said it can be hard to decorate and you have to make sure to stay organized. Otherwise, your tiny efficient apartment will turn into a storage unit you happen to be living in.