Gilbert, AZ Rental Market
Gilbert has transformed from a small farming town into one of the most desirable family suburbs in the American Southwest, consistently ranking among the safest and fastest-growing cities in the US. Part of the thriving East Valley tech corridor, Gilbert benefits from spillover employment from Intel in Chandler and a robust independent business and healthcare economy centered on the growing Health Care District, drawing high-income families who push rental demand above valley averages.
Get a rent estimate for an address in GilbertAverage Rent in Gilbert, AZ
$1,700
per month · 2026-06
Market Score
Key Facts — Gilbert, AZ Rental Market
- Average rent in Gilbert, AZ:$1,700/mo
- Median rent:$1,564/mo
- Rent range:$850 – $3,750/mo
- Most common rental (2 bedrooms):$1,500/mo
- Active listings:1,100
- Avg days to lease:25 days
- Year-over-year change:+4.0%
- Median home value:$420,000
- Est. gross annual yield:4.9%
- Data as of:2026-06
Rent by Bedroom in Gilbert, AZ
Average monthly rent for each bedroom type based on current active listings in Gilbert.
| Bedroom Type | Avg Rent/mo |
|---|---|
1 Bedroom | $1,225/mo |
2 Bedrooms | $1,500/mo |
3 Bedrooms | $1,900/mo |
4 Bedrooms | $2,350/mo |
5 Bedrooms | $2,700/mo |
Gilbert Rental Market Statistics
Key indicators from the current Gilbert, AZ rental market.
1,100
Available now in Gilbert
25
From list to lease
$1.26
Average across listings
1,350 sq ft
Typical rental size
$850 – $3,750
Min to max active listings
+4.0%
Avg rent vs. prior year
Investing in Gilbert, AZ Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$420,000
Typical purchase price in Gilbert
Est. Gross Annual Yield
4.9%
Before expenses & vacancy
Avg Monthly Income
$1,700
At average market rent
Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Gilbert for a full cash-flow breakdown including all costs.
Gilbert, AZ Rental Market FAQ
Common questions about renting and investing in Gilbert, AZ.
What is the average rent in Gilbert, AZ?
The average rent in Gilbert, AZ is $1,700 per month as of 2026. One-bedroom apartments average $1,225/mo, two-bedrooms average $1,500/mo, and three-bedroom homes average $1,900/mo. The Heritage District and Agritopia master-planned community command a premium, while South Gilbert neighborhoods offer newer construction at slightly more accessible price points.
Is Gilbert, AZ a good place to invest in rental property?
Gilbert delivers a 4.9% estimated gross yield with 4.0% year-over-year rent growth — the strongest in our Arizona coverage. Its reputation as one of the safest and most family-friendly cities in the US drives consistent demand from high-quality tenants. While home prices are elevated at a $420,000 median, the combination of above-average rent growth and exceptional tenant stability makes Gilbert compelling for long-term investors.
How competitive is the Gilbert, AZ rental market?
Gilbert is among the most competitive rental markets in the East Valley, averaging just 25 days on market across 1,100 active listings. Three-bedroom single-family homes zoned to Gilbert Unified and Chandler Unified school districts routinely receive multiple applications within days of listing. The Heritage District's walkable commercial core and ongoing healthcare campus expansion continue to attract new high-income residents who fuel further demand.
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