Gilbert, AZ Rental Market Trends
What is the average rent in Gilbert?
The average rent for an apartment in Gilbert is $1,921. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Gilbert, AZ
| Average Rent | Average Apartment Size |
|---|---|
| $1,921 | 975 sq. ft. |
What is the average apartment size in Gilbert?
The average size for a Gilbert, AZ apartment is 975 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Gilbert, AZ Apartment Rent Ranges
Gilbert, AZ Occupied Housing Units
21,143 or 27% of the households in Gilbert, AZ are renter-occupied while 58,571 or 73% are owner-occupied.
Gilbert, AZ Rent Trends
| Average Rent | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Jul / 2021 | Nov / 2021 | Mar / 2022 | Jul / 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gilbert, AZ | $1,240 | $1,294 | $1,316 | $1,347 | $1,356 | $1,427 | $1,484 | $1,650 | $1,814 | $1,843 | $1,921 |
| National | $1,375 | $1,407 | $1,415 | $1,416 | $1,406 | $1,410 | $1,418 | $1,501 | $1,596 | $1,634 | $1,706 |
Average Rent in Gilbert, AZ By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Estates at the Spectrum | $2,314 |
| Power Ranch | $2,314 |
| Spectrum | $1,992 |
| Greenfield Lakes | $1,966 |
| Lyons Gate | $1,952 |
| Chaparral Estates | $1,939 |
| Higley | $1,910 |
| Neely | $1,892 |
| Rancho del Verde | $1,877 |
| El Dorado Lakes | $1,780 |
| The Islands | $1,780 |
| Val Vista Lakes | $1,776 |
| Carol Rae Ranch | $1,768 |
| Towne Meadows | $1,768 |
| Seville | $1,698 |
| Trilogy | $1,698 |
What are the most affordable neighborhoods in Gilbert?
The most affordable neighborhoods in Gilbert are Seville, where the average rent goes for $1,698/month, Trilogy, where renters pay $1,698/mo on average, and Carol Rae Ranch, where the average rent goes for $1,768/mo. If you’re looking for other great deals, check out the listings from Towne Meadows ($1,768), Val Vista Lakes ($1,776), and El Dorado Lakes ($1,780), where the asking prices are below the average Gilbert rent of $1,921/mo.
What are the most expensive neighborhoods in Gilbert?
The most expensive neighborhoods in Gilbert are Spectrum ($1,992), Estates at the Spectrum ($2,314) and Power Ranch ($2,314).
What are the most popular neighborhoods in Gilbert?
The most popular neighborhood in Gilbert is Neely, where there are 28 verified RentCafe listings with an average rent of $1,892. Next up is Lyons Gate, where apartments go for $1,952/month, followed by Power Ranch with $2,314 If you’re looking to rent in Gilbert’s most popular neighborhoods, make sure to also check out Val Vista Lakes, where renters pay $1,776 on average, and Towne Meadows, where the average monthly rent is $1,768.
Gilbert | Rent Comparison by Neighborhood
Rent in Carol Rae Ranch is 9% lower than in Chaparral Estates
Carol Rae Ranch rent is 8% lower than Gilbert average
| Average Rent | $1,768 |
|---|
Chaparral Estates rent is 1% higher than Gilbert average
| Average Rent | $1,939 |
|---|