Gilbert, AZ Rental Market Trends
Highlights
The average rent for an apartment in Gilbert is $1,338, a 8% increase compared to the previous year.
Average Rent in Gilbert, AZ
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,338 | 8% | 969 sq. ft. |
The average size for a Gilbert, AZ apartment is 969 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
- $701-$1,0006%
- $1,001-$1,50070%
- $1,501-$2,00023%
- > $2,0001%
Gilbert, AZ Occupied Housing Units
- Renter-occupied Households22%
- Owner-occupied Households77%
16,812 or 22% of the households in Gilbert, AZ are renter-occupied while 58,697 or 77% are owner-occupied.
Gilbert, AZ Rent Trends
| Average Rent | Nov / 2016 | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Feb / 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gilbert, AZ | $1,082 | $1,072 | $1,108 | $1,151 | $1,145 | $1,197 | $1,227 | $1,240 | $1,294 | $1,316 | $1,338 |
| National | $1,340 | $1,337 | $1,368 | $1,371 | $1,374 | $1,408 | $1,417 | $1,422 | $1,458 | $1,466 | $1,468 |
Average Rent in Gilbert, AZ By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| The Islands | $1,188 |
| El Dorado Lakes | $1,188 |
| Val Vista Lakes | $1,212 |
| Towne Meadows | $1,253 |
| Carol Rae Ranch | $1,253 |
| Trilogy | $1,334 |
| Seville | $1,334 |
| Estates at the Spectrum | $1,334 |
| Neely | $1,336 |
| Spectrum | $1,395 |
| Chaparral Estates | $1,395 |
| Lyons Gate | $1,423 |
| Greenfield Lakes | $1,443 |
The most affordable neighborhoods in Gilbert are El Dorado Lakes, where the average rent goes for $1,188/month, The Islands, where renters pay $1,188/mo on average, and Val Vista Lakes, where the average rent goes for $1,212/mo. If you’re looking for other great deals, check out the listings from Carol Rae Ranch ($1,253), Towne Meadows ($1,253), and Estates at the Spectrum ($1,334), where the asking prices are below the average Gilbert rent of $1,338/mo.
The most expensive neighborhoods in Gilbert are Spectrum ($1,395), Lyons Gate ($1,423) and Greenfield Lakes ($1,443).
The most popular neighborhood in Gilbert is Lyons Gate, where there are 4 verified RENTCafé listings with an average rent of $1,423. Next up is Val Vista Lakes, where apartments go for $1,212/month, followed by Chaparral Estates with $1,395 If you’re looking to rent in Gilbert’s most popular neighborhoods, make sure to also check out El Dorado Lakes, where renters pay $1,188 on average, and Spectrum, where the average monthly rent is $1,395.
Gilbert | Rent Comparison by Neighborhood
Rent in Carol Rae Ranch is 10% lower than in Chaparral Estates
Carol Rae Ranch rent is 6% lower than Gilbert average
| Average Rent | $1,253 |
|---|
Chaparral Estates rent is 4% higher than Gilbert average
| Average Rent | $1,395 |
|---|
How Gilbert Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Phoenix | $1,141 | 10% |
| Tucson | $921 | 6% |
| Mesa | $1,098 | 9% |
| Tempe | $1,419 | 6% |
| Scottsdale | $1,598 | 8% |
| Glendale | $1,045 | 9% |
| Chandler | $1,390 | 8% |
| Peoria | $1,241 | 7% |
| Gilbert | $1,338 | 8% |
| Goodyear | $1,276 | 7% |
| Avondale | $1,222 | 12% |
For more information about the Gilbert rental trends, check out our monthly rent report
Check out Arizona Cities, Arizona Neighborhoods and Arizona Zip Codes for more details on verified listings, including the Arizona Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!