diff --git a/ci/scripts/PKGBUILD b/ci/scripts/PKGBUILD
index b0905886dd50f..f6bbc78be710e 100644
--- a/ci/scripts/PKGBUILD
+++ b/ci/scripts/PKGBUILD
@@ -18,7 +18,7 @@
 _realname=arrow
 pkgbase=mingw-w64-${_realname}
 pkgname="${MINGW_PACKAGE_PREFIX}-${_realname}"
-pkgver=16.0.0.9000
+pkgver=16.1.0.9000
 pkgrel=8000
 pkgdesc="Apache Arrow is a cross-language development platform for in-memory data (mingw-w64)"
 arch=("any")
diff --git a/docs/source/_static/versions.json b/docs/source/_static/versions.json
index f8ff19095b3fd..e879fc69138d0 100644
--- a/docs/source/_static/versions.json
+++ b/docs/source/_static/versions.json
@@ -5,11 +5,16 @@
         "url": "https://arrow.apache.org/docs/dev/"
     },
     {
-        "name": "16.0 (stable)",
+        "name": "16.1 (stable)",
         "version": "",
         "url": "https://arrow.apache.org/docs/",
         "preferred": true
     },
+    {
+        "name": "16.0",
+        "version": "16.0/",
+        "url": "https://arrow.apache.org/docs/16.0/"
+    },
     {
         "name": "15.0",
         "version": "15.0/",
diff --git a/r/DESCRIPTION b/r/DESCRIPTION
index 38cbaa94a3c25..bb4470e29037d 100644
--- a/r/DESCRIPTION
+++ b/r/DESCRIPTION
@@ -1,6 +1,6 @@
 Package: arrow
 Title: Integration to 'Apache' 'Arrow'
-Version: 16.0.0.9000
+Version: 16.1.0.9000
 Authors@R: c(
     person("Neal", "Richardson", email = "neal.p.richardson@gmail.com", role = c("aut")),
     person("Ian", "Cook", email = "ianmcook@gmail.com", role = c("aut")),
diff --git a/r/NEWS.md b/r/NEWS.md
index 05f934dac68f3..47c4ac1571dad 100644
--- a/r/NEWS.md
+++ b/r/NEWS.md
@@ -17,7 +17,9 @@
   under the License.
 -->
 
-# arrow 16.0.0.9000
+# arrow 16.1.0.9000
+
+# arrow 16.1.0
 
 * R functions that users write that use functions that Arrow supports in dataset queries now can be used in queries too. Previously, only functions that used arithmetic operators worked. For example, `time_hours <- function(mins) mins / 60` worked, but `time_hours_rounded <- function(mins) round(mins / 60)` did not; now both work. These are automatic translations rather than true user-defined functions (UDFs); for UDFs, see `register_scalar_function()`. (#41223)
 * `summarize()` supports more complex expressions, and correctly handles cases where column names are reused in expressions. 
diff --git a/r/pkgdown/assets/versions.json b/r/pkgdown/assets/versions.json
index 75d179f240515..43f0b3fac62a1 100644
--- a/r/pkgdown/assets/versions.json
+++ b/r/pkgdown/assets/versions.json
@@ -1,10 +1,10 @@
 [
     {
-        "name": "16.0.0.9000 (dev)",
+        "name": "16.1.0.9000 (dev)",
         "version": "dev/"
     },
     {
-        "name": "16.0.0 (release)",
+        "name": "16.1.0 (release)",
         "version": ""
     },
     {