Gilbert, AZ Rental Market Trends
What is the average rent in Gilbert?
The average rent for an apartment in Gilbert is $1,618, a 20% increase compared to the previous year.
Average Rent in Gilbert, AZ
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,618 | 20% | 976 sq. ft. |
What is the average apartment size in Gilbert?
The average size for a Gilbert, AZ apartment is 976 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
17,352 or 22% of the households in Gilbert, AZ are renter-occupied while 60,280 or 77% are owner-occupied.
Gilbert, AZ Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Jun / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gilbert, AZ | $1,145 | $1,197 | $1,227 | $1,240 | $1,294 | $1,316 | $1,347 | $1,356 | $1,427 | $1,484 | $1,618 |
| National | $1,348 | $1,357 | $1,362 | $1,394 | $1,401 | $1,403 | $1,394 | $1,397 | $1,404 | $1,482 |
Average Rent in Gilbert, AZ By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Power Ranch | $1,957 |
| Estates at the Spectrum | $1,874 |
| Greenfield Lakes | $1,709 |
| Seville | $1,698 |
| Trilogy | $1,698 |
| Spectrum | $1,687 |
| Lyons Gate | $1,674 |
| Chaparral Estates | $1,643 |
| Neely | $1,589 |
| Carol Rae Ranch | $1,481 |
| Towne Meadows | $1,481 |
| Val Vista Lakes | $1,445 |
| El Dorado Lakes | $1,423 |
| The Islands | $1,423 |
What are the most affordable neighborhoods in Gilbert?
The most affordable neighborhoods in Gilbert are El Dorado Lakes, where the average rent goes for $1,423/month, The Islands, where renters pay $1,423/mo on average, and Val Vista Lakes, where the average rent goes for $1,445/mo. If you’re looking for other great deals, check out the listings from Carol Rae Ranch ($1,481), Towne Meadows ($1,481), and Neely ($1,589), where the asking prices are below the average Gilbert rent of $1,618/mo.
What are the most expensive neighborhoods in Gilbert?
The most expensive neighborhoods in Gilbert are Greenfield Lakes ($1,709), Estates at the Spectrum ($1,874) and Power Ranch ($1,957).
What are the most popular neighborhoods in Gilbert?
The most popular neighborhood in Gilbert is Lyons Gate, where there are 5 verified RENTCafé listings with an average rent of $1,674. Next up is Val Vista Lakes, where apartments go for $1,445/month, followed by Chaparral Estates with $1,643 If you’re looking to rent in Gilbert’s most popular neighborhoods, make sure to also check out Neely, where renters pay $1,589 on average, and Power Ranch, where the average monthly rent is $1,957.
Gilbert | Rent Comparison by Neighborhood
Rent in Carol Rae Ranch is 10% lower than in Chaparral Estates
Carol Rae Ranch rent is 8% lower than Gilbert average
| Average Rent | $1,481 |
|---|
Chaparral Estates rent is 2% higher than Gilbert average
| Average Rent | $1,643 |
|---|
How Gilbert Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Phoenix | $1,330 | 16% |
| Glendale | $1,256 | 20% |
| Mesa | $1,302 | 16% |
| Tucson | $1,059 | 14% |
| Tempe | $1,654 | 15% |
| Avondale | $1,493 | 21% |
| Peoria | $1,473 | 19% |
| Chandler | $1,646 | 22% |
| Scottsdale | $1,808 | 17% |
| Surprise | $1,642 | 27% |
| Gilbert | $1,618 | 20% |