Cheap Apartments for Rent in the 85016 ZIP Code of Phoenix, AZ from $300 (106 Rentals)

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Search the lowest-cost Apartments available for rent right now in the 85016 ZIP Code area of Phoenix.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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property at 1701 E Colter St

$1,295 - $2,650

Studio To 2 Bedroom Rentals

Available Now

1701 E Colter St

PhoenixAZ85016
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Peak 16
$1,463 - $2,497
Total Monthly Price

Total Monthly Price

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$1,463 - $2,497
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Studio to 2 Bedroom Apartments Available Now

Peak 16

5151 N 16th StPhoenix, AZ 85016
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From Scottsdale to Peoria: Your Renter’s Guide to Phoenix's Best Cities

Looking to rent in the Phoenix area, but outside of the core? This guide covers top cities in the metroplex like Gilbert and Chandler, highlighting key differences in cost of living, commute, and community feel.

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Biltmore 24
Studio to 2 Bedroom Apartments

Biltmore 24

4221-4227 N 24th StPhoenix, AZ 85016
  • Utilities Included
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Turney Apartments
1 to 3 Bedroom Apartments

Turney Apartments

2025 E Turney AvePhoenix, AZ 85016
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Rise Midtown
Studio to 2 Bedroom Apartments

Rise Midtown

3815 N 16th StPhoenix, AZ 85016
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Bristol Apartments
Studio to 2 Bedroom Apartments

Bristol Apartments

4142 N 25th StPhoenix, AZ 85016
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27th Street
1 to 2 Bedroom Apartments

27th Street

4207 N 27th StPhoenix, AZ 85016
  • Utilities Included

Your Essential Local Experts Phoenix Relocation Guide: Housing, Utilities, and Local Tips

Your complete checklist for relocating to the Phoenix metro area. Easily navigate housing, set up electricity and gas with provider links, handle vehicle registration, and learn local regulations.

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Frequently Asked Questions about Cheap the 85016 ZIP Code Apartments

What is the Cheapest Studio apartment in 85016?

Currently the most affordable Cheap Studio Apartment in 85016 is at Arya Apartments listed at $750.

How much is rent for a Cheap One Bedroom 85016 Apartment?

The lowest price for a Cheap One Bedroom 85016 Apartment is $749 at Windwood Apartments.

What is the lowest price for a Cheap Two Bedroom 85016 Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in 85016 is starting from $929 at Bainbridge Apartments.

What is the most affordable 85016 Three Bedroom Apartment?

The best deal on a cheap 85016 Three Bedroom Apartment rental is at Southwest Trails and starts from $1,429.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Helpful Local Expert Guides

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A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ

Written by: Andrew Jollett

I'm Andrew, your ApartmHomeLiving.com local expert for Phoenix. My earliest memories of Phoenix date back to the mid-2000s when 2 of my sisters moved there (one for work and the other for school).

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Experts Guide to the Top Neighborhoods in Phoenix, AZ for College Renters

Written by: Andrew Jollett

I never attended school in Phoenix. While living there for some time, I often longed to join in on the fun and adventure I saw students from a number of colleges in the area.

decorative image for A Phoenix Experts Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon article

A Phoenix Experts Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon

Written by: Andrew Jollett

Phoenix has long been one of the fastest-growing metros in the United States. When I think about how much I’ve seen it change over the years, it’s no wonder so many young professionals flock to the area every year.

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New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options

Written by: Andrew Jollett

Hi everyone! My name is Andrew, and I’m your local ApartmentHomeLiving.com guide for the greater Phoenix area. Today, I want to take you on an insider’s tour of the area.

Articles, How-To's, and Tips

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.