Apartment for rent

Pet friendly

10 Hours Ago

8.5

Very Good

Peak 16 Apartments
5151 N 16th St, Phoenix, AZ 85016, USA

Greystar Real Estate Partners, LLC (Formerly Alliance Residential)

5151 N 16th St, Phoenix, AZ 85016, USA

8.5

Very Good

Monthly rent	$1,535–$2,671The price shown reflects a 12-month lease. Fees may apply.
Beds	1–2
Baths	1–2
Sqft	703–1,126

Monthly rent	$1,535–$2,671The price shown reflects a 12-month lease. Fees may apply.
Beds	1–2
Baths	1–2
Sqft	703–1,126

OFFER:

Show off this summer with a new apartment AND your choice of a Louis Vuitton handbag or 75" flat screen smart TV. Supplies are limited. Ask an associate for details*

10 Hours Ago

Highlights

Rent Special
Pet Friendly

Location

5151 N 16th St, Phoenix, AZ 85016, USA

Hi! Let’s figure out if this property is right for you.

Tour Peak 16

Contact

Managed by

Management

Greystar Real Estate Partners, LLC (Formerly Alliance Residential)

Leasing office

(844) 243-9656 ext. 9698

Open today

10:00 am–7:00 pm MST

Property Overview

Peak 16 is rated highly for renters, with strong scores for price, amenities, and location, along with a detailed property description and virtual tours. It also stands out for nearby schools, solid value per square foot, and features that support fitness, wellness, and social life, including a gym, shared spaces, and many nearby restaurants and health-focused options.

Zumper Expert Rating

8.5

Very Good

With a solid 8.5 out of 10 overall, Peak 16 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Peak 16 has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

Middle school nearby
High school nearby
More space

Great for

Social life
Wellness

Floor plans

A3M	1 bed	1 bath	734 sqft	$1,535 /mo
A2	1 bed	1 bath	802 sqft	$1,604–$1,644 /mo
A2M	1 bed	1 bath	802 sqft	$1,644 /mo
A3	1 bed	1 bath	703 sqft	$2,200 /mo
B3	2 bed	2 bath	918 sqft	$1,932–$1,992 /mo	4 units available
B2	2 bed	2 bath	1,046 sqft	$2,196–$2,496 /mo	2 units available
B3L	2 bed	2 bath	1,126 sqft	$2,199–$2,671 /mo	5 units available

Let's explore this property.

Amenities for Peak 16

Apartment Amenities

Air Conditioning	Contemporary Lighting
Fireplace	Modern Cabinetry
Modern Kitchens with Islands	Personal Balconies or Patios
Quartz Countertops	Wood Style Plank Flooring

Appliances

In-Unit Laundry	Stainless Steel Appliances
Washer and Dryer Included

Building

Cats OK	Clubhouse
Dogs OK	Fitness Center
Parking Garage Available	Residents Lounge
Tech Lounge

Grounds

Garage Parking	Outdoor Space
Smoke Free Community	Storage
Swimming Pool

Services

Package Service

Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Parking Policy

Garage Parking

Dog Policy

Allowed

Cat Policy

Allowed

Questions about this property’s policies and fees?

Building details

Property details

Units	233

About Peak 16

Home

Apartments in Phoenix

Peak 16

TOUR YOUR WAY. Meet your new community, on your terms. Our doors are open for self-guided tours by appointment (face covering required) and virtual tours via video chat. That's right, you can securely be granted access to a model unit to envision in person your new life at our property, on your own terms. Call or email us today!

Zumper Expert Rating

8.5

/10

Very Good

How we rated Peak 16

Price·9

Peak 16 stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.

Amenities·10

Peak 16 stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.

Location·9

Peak 16 is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.

Quality·6

While Peak 16 does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.

Trustworthiness·8

The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

Reviews from the web

Showing 8 highest rated

This place is a great apartment. It looks very nice. It is in a good spot. My unit is fantastic and the maintenance people are on top of things! Also the people who run everything (Jaqulynn, Lexxus, and Jerry) are very nice and are extremely helpful. It’s fantastic having people who actually care about the living space. If I have to say anything about the apartment as a whole the only thing I would say is that the pool could get cleaned a little more often. Nevertheless it doesn’t affect much because it is still relatively clean. And the perfume used in the hallways is not my preference but I’m sure others like it! All in all it’s a fantastic spot to live and going to have to give them a 5 star rating!

William Lattus

May 05, 2024

I toured this past Monday with Cristal and she greated me with the sweetest personality, the property was beautiful and even Jacklyn was really nice! Hoping to move here soon!

Davyana Lissette

Jul 19, 2024

We’re sharing just 8 of many, sorted highest to lowest. Visit the Google business profile to view all reviews.

Peak 16 is great for:

Social life

This community has public spaces on site, like fitness centers or pools
Community gathering spaces on-site (lounges, rooftops, etc.)
Diverse age groups live in this area
133 restaurants within 1 mile of this property

Wellness

On-site fitness center or gym
HVAC systems available onsite
24 health/wellness centers nearby
6 farmers markets or health food stores nearby

Property highlights

How Peak 16 compares to other nearby properties.

Positives

Middle school nearby: There is a middle school 0.3 mile away
High school nearby: There is a high school 1 mile away
More space: The 2-bedroom is 92 sqft larger than other listings nearby
More space: The 1-bedroom is 57 sqft larger than other listings nearby
Fireplace: Upgraded in-unit features
Images Available: There are at least 10 photos of this address
Outdoor space: Easy access to the outdoors
Package service: More secure storage for delivery

Considerations

Greater distance from grade schools: The nearest elementary school is farther than 1 mile away

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Rent trends in Phoenix

1-bedroom apartments here are priced 47% higher than 1-bedrooms in Phoenix.

If you decide to upgrade your space, you can expect 2-bedrooms at Peak 16 to be 41% more than the average for similarly sized apartments in Phoenix.

Median rents as of Jun 13 2026.

Phoenix

A table of studio rental data trends in Phoenix
Month	Median Rent
June 2024	$1,095
July 2024	$1,100
August 2024	$1,104
September 2024	$1,095
October 2024	$1,065
November 2024	$1,051
December 2024	$1,049
January 2025	$1,070
February 2025	$1,072
March 2025	$1,038
April 2025	$1,000
May 2025	$1,000
June 2025	$999
July 2025	$995
August 2025	$995
September 2025	$995
October 2025	$986
November 2025	$960
December 2025	$981
January 2026	$988
February 2026	$961
March 2026	$950
April 2026	$963
May 2026	$948
June 2026	$950

Affordability calculator

Can I afford to live at 5151 N 16th St?

Bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.

The general rule of thumb is to spend around 30% or less of your income on rent.

Recommended income

$64,960/yr

With your selected rent-to-income ratio, you'd ideally want to make $64,960 annually to afford this 1-bedroom median monthly rent price of $1,624.

For more information on rent affordability, visit our rent calculator.

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