Cheap Apartments for Rent in 85016
265 rentals
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Use arrow keys to navigateNEW - 18 HRS AGOSPECIAL OFFERPET FRIENDLY$825 - $1,100/mo
Studio-1 Bed
1 BathThe Madrid Courtyard Apartments | 6320 N 16th St,
Phoenix, AZ 85016
APPLY INSTANTLYFURNISHEDROOM FOR RENT
PET FRIENDLY
PET FRIENDLY
NEW - 15 HRS AGOSPECIAL OFFERPET FRIENDLY
SPECIAL OFFER
PET FRIENDLY
APPLY INSTANTLYFURNISHEDROOM FOR RENT
PET FRIENDLY
PET FRIENDLY
SPECIAL OFFERPET FRIENDLY
APPLY INSTANTLYPET FRIENDLY
NEW - 13 HRS AGO
PET FRIENDLY
PET FRIENDLY
PET FRIENDLY
PET FRIENDLY
SPECIAL OFFERPET FRIENDLY
APPLY INSTANTLYPET FRIENDLY
SPECIAL OFFERPET FRIENDLY
SPECIAL OFFERPET FRIENDLY
SPECIAL OFFERPET FRIENDLY
SPECIAL OFFERPET FRIENDLY
PET FRIENDLY
PET FRIENDLY
PET FRIENDLY
APPLY INSTANTLY
PET FRIENDLY
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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 Sep 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $1,850 |
| Nov 2025 | $1,795 |
| 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 |
Average Rent By Bedroom and Home Type
In September 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 | $1,350 | $1,800 | $2,645 | $3,395 | $1,858 |
| Townhomes | $1,340 | $3,000 | $2,500 | $4,500 | $2,900 |
| Apartments and Condos | $1,395 | $1,795 | $2,500 | — | $1,695 |
| Houses | $1,500 | $3,200 | $3,243 | $3,395 | $3,294 |
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 $1,430 per month. This is about 27% lower than the national average.
- When is the average rent cheapest in 85016?In the last year, the average rent in 85016 was lowest in Jan 2025 when it was $1,759 per month.
- 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 $1,350 per month. That is about $442 more than the cost of a studio apartment.
- How many available rental listings are in 85016?There are 283 available rental listings in 85016.
- 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 - 609 Rentas | Trulia