Cheap Apartments for Rent in 85016
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYTotal price$833 - $1,557/mo
Studio-2 Beds
1-2 BathsThe Venue on Camelback Apartments | 1930 E Camelback Rd,
Phoenix, AZ 85016
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SPECIAL OFFERPET FRIENDLY$875 - $1,295/moStudio-1 Bed1 BathThe Madrid Courtyard Apartments | 6320 N 16th St,
Phoenix, AZ 85016
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SPECIAL OFFERPET FRIENDLYTotal price$999 - $1,399/mo1-2 Beds1-2 BathsSolaris at the Biltmore | 4341 N 24th St,
Phoenix, AZ 85016
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Average Rent Trends in 85016
Rent in 85016 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Nov 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Dec 2025 | $1,850 |
| Jan 2026 | $1,850 |
| Feb 2026 | $1,850 |
| Mar 2026 | $1,800 |
| Apr 2026 | $1,800 |
| May 2026 | $1,803 |
| Jun 2026 | $1,795 |
| Jul 2026 | $1,850 |
| Aug 2026 | $1,795 |
| Sep 2026 | $1,950 |
| Oct 2026 | $1,835 |
| Nov 2026 | $1,895 |
Average Rent By Bedroom and Home Type
In November 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,295 | $1,800 | $2,750 | $3,195 | $1,845 |
| Townhomes | $1,195 | $3,000 | $2,800 | $811 | $2,800 |
| Apartments and Condos | $1,314 | $1,808 | $2,400 | $2,995 | $1,739 |
| Houses | $1,845 | $2,800 | $3,200 | $3,195 | $3,245 |
Frequently Asked Questions about Rentals in 85016
- What is the average rent of an apartment in 85016?The average rent of an apartment in 85016 is $1,478 per month. This is about 23% lower than the national average.
- What are the cheapest months to find an apartment to rent in 85016?Last year, the cheapest month to find an apartment to rent was Jan 2025 when it was $1,759 per month.
- How many cheap apartments are available in 85016?There are 133 apartments to rent that are cheaper than the city’s average rent of $1,845.
- When is the average rent most expensive in 85016?In the last year, the average rent in 85016 was highest in Jul 2025 when it was $2,195 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 85016?The average rent of a 1 bedroom apartment in 85016 is $1,295 per month. That is about $295 more than the cost of a studio apartment.
- What are some cities near 85016?Some nearby cities include: Paradise Valley, Phoenix, Tempe, Guadalupe, Glendale, Scottsdale. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 85016 - 619 Rentas | Trulia