How much does it cost to rent a f16?

More than you can afford. It costs $3.09 per gallon of JP-8 fuel to fly the F-16. The F-16 burns over 800 gallons per hour. That costs around $2,472 per hour to fly the F-16, not including piloting fees, prepping fees, ect. Very expensive to fly for fun without the Federal Government backing the cost (With taxpayer dollars).