True Cost of Renting in Gilbert
Gilbert transformed from a small agricultural community into one of the fastest-growing cities in America between 2000 and 2020, with population growth of over 200%. The Heritage District offers a genuine walkable small-town downtown that distinguishes Gilbert from neighboring suburbs. High household incomes and family-oriented demographics keep rents solid across the metro's easternmost major suburb.
Neighborhoods & Average Rents
Heritage District (Downtown Gilbert)
- Studio:
- $1,400/mo
- 1 Bed:
- $1,750/mo
- 2 Bed:
- $2,400/mo
Gilbert's charming downtown with water towers, independent restaurants, and the Gilbert Farmers Market. Most walkable area in the city. New mixed-use apartment buildings near the Water Tower plaza. SRP electric. This area's growing popularity has pushed rents above the broader Gilbert average.
Agritopia / Southeast Gilbert
- 1 Bed:
- $1,700/mo
- 2 Bed:
- $2,300/mo
Master-planned mixed-use community with urban farm concept; unique in the Phoenix metro. Townhomes and apartments mixed with community gardens and farm-to-table restaurant. Premium for the concept and amenities.
San Tan Village Area
- 1 Bed:
- $1,650/mo
- 2 Bed:
- $2,200/mo
Suburban apartments near San Tan Village mall in south Gilbert; newer construction with family amenities. Car-dependent. Good access to the 202 Santan freeway for Chandler and Tempe employment.
Utility Providers
- Electric
- Salt River Project (SRP)
- Water
- Town of Gilbert Water
- Internet
- Cox Communications, CenturyLink/Lumen, T-Mobile Home Internet
Commute & Transportation
Gilbert is in the southeast Phoenix metro with freeway access via the 202 Santan, US-60 (Superstition), and Val Vista/Gilbert/Greenfield Road corridors. The 202 provides direct access to Chandler's tech corridor (15 min) and Tempe (25 min). No Light Rail serves Gilbert — it's an entirely car-based suburb. Gilbert's own employment base has grown with healthcare (Banner Gateway Medical Center) and a medical technology cluster, reducing the need for all residents to commute to Phoenix.
Rental Market Overview
Gilbert commands a modest premium over Mesa and East Chandler due to its high-income demographics, excellent schools, and the Heritage District's walkable urban character. SRP electric serves the city. New apartment supply has been significant over the past five years, keeping vacancy rates moderate despite strong population growth. The medical technology and healthcare employment base around Banner Gateway provides demand from healthcare workers. Renters insurance averages $15–20/month. Gilbert's low crime rates and top-ranked schools attract families who prefer renting over buying in the current high-rate environment.
Data last updated: 2026-04
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