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Highlights

  • Rent Special
  • Pet Friendly

Location

5151 North 16th Street, Phoenix, Arizona 85016, United States
Hi! Let’s figure out if this property is right for you.

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Tour Peak 16

Contact

Management

Greystar Real Estate Partners, LLC (Formerly Alliance Residential)

Leasing office

(844) 243-9656 ext. 9698

Open today 

9:00 am–6:00 pm MST

Property Overview

Peak 16 stands out with an impressive Zumper Expert Rating of 8.5, reflecting its high-quality amenities rated a perfect 10 and a strong location score of 9. The property is competitively priced at a rating of 9, demonstrating good value, while trustworthiness is marked at 8, indicating transparency. Notable features include virtual tours and proximity to excellent schools, health and wellness centers, and vibrant social spaces, making it a compelling option for renters seeking a well-rounded living experience.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

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

  • Wellness
  • Social life

Floor plans

A3M1 bed1 bath734 sqft$1,535 /mo
A21 bed1 bath802 sqft$1,604–$1,644 /mo
A2M1 bed1 bath802 sqft$1,644 /mo
A31 bed1 bath703 sqft$2,200 /mo
B32 bed2 bath918 sqft$1,932–$1,992 /mo4 units available
B22 bed2 bath1,046 sqft$2,196–$2,496 /mo2 units available
B3L2 bed2 bath1,126 sqft$2,199–$2,671 /mo5 units available

Let's explore this property.

Amenities for Peak 16

Apartment Amenities

Air ConditioningContemporary Lighting
FireplaceModern Cabinetry
Modern Kitchens with IslandsPersonal Balconies or Patios
Quartz CountertopsWood Style Plank Flooring

Appliances

In-Unit LaundryStainless Steel Appliances
Washer and Dryer Included

Building

Cats OKClubhouse
Dogs OKFitness Center
Parking Garage AvailableResidents Lounge
Tech Lounge

Grounds

Garage ParkingOutdoor Space
Smoke Free CommunityStorage
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

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

Units233
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About Peak 16

HomeApartments 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

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.5
/10
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.
How we rated Peak 16
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
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·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
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·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
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·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
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·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
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

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

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:

Wellness

  • On-site fitness center or gym
  • HVAC systems available onsite
  • On-site pool or spa
  • 19 health/wellness centers nearby

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
  • 144 restaurants within 1 mile of this property

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

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 52 sqft larger than other listings nearby
Fireplace
Upgraded in-unit features
Images Available
There are at least 10 photos of this address
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 46% higher than 1-bedrooms in Phoenix.

If you decide to upgrade your space, you can expect 2-bedrooms at Peak 16 to be 40% more than the average for similarly sized apartments in Phoenix.

Median rents as of Jan 24 2026.
Phoenix
A table of studio rental data trends in Phoenix
MonthMedian Rent
February 2024$1,056
March 2024$1,057
April 2024$1,084
May 2024$1,109
June 2024$1,093
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$992

Affordability calculator

Can I afford to live at 5151 North 16th Street?

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.

Schools near Peak 16

Madison Rose Lane Elementary School

1155 e rose ln

phoenix, AZ, 85014

PK, K-4Public
B

Madison Traditional Academy

925 e maryland ave

phoenix, AZ, 85014

PK, K-8Public
A-
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Internet available near Peak 16

Getting around Phoenix near 5151 North 16th Street

Walking

7/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Transit

5/10
Frequent public transit options are within walking distance.

Points of interest for 5151 North 16th Street, Phoenix

Groceries

7/10
The nearest general grocery store is within a 10-minute walk, and there are also some specialist food stores nearby.

Shopping

7/10
Several fashion stores are within a short walk.

Cafes

6/10
The closest café is within a 5-minute walk, and there are some other cafés within walking distance.

Restaurants

7/10
Several restaurants are within a short walk.

Primary schools

8/10
At least one elementary school within a 5-to-10-minute walk.

High schools

8/10
At least one high school within a 5-to-10-minute walk.

Parks

7/10
Very few or no parks in the area.

Nightlife

4/10
The closest bar is within a 5-minute walk, and there are a few other bars within walking distance.

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