Average rent in Gilbert

Average rent in Gilbert,AZ

In terms of the average rent in Gilbert, AZ, there are a few things to keep in mind. Firstly, it is important to note that this is a rapidly growing area with constantly changing rental prices. In 2023, the average rent in Gilbert is expected to be around $1,750 per month. This is a notable increase compared to the previous years, where the average rent in 2021 was $1,500 per month and in 2022 was $1,600 per month.

While this may seem like a steep increase, it is important to remember that demand for housing in Gilbert is high, and rental prices tend to reflect this. Overall, staying up-to-date on the most recent rental rate changes and trends in the area is crucial for anyone looking to rent or invest in property in Gilbert.

Average rent in Gilbert,AZ for 1-bedroom

In 2023, the average rent for a 1-bedroom apartment in Gilbert, AZ has risen drastically compared to previous years. As compared to 2022, there has been a notable increase of $200 per month in the average rent. In fact, it has gone up by nearly $500 since 2020. It seems that this trend of increased rent won’t be stopping anytime soon, making it necessary for residents to budget accordingly. Despite the rising costs, Gilbert continues to be a popular place for living due to its thriving job market and excellent quality of life.

Average rent in Gilbert,AZ for 2-bedroom

Over the years, the average rent in Gilbert, AZ for a 2-bedroom apartment has gradually increased. In 2023, the average rent is projected to be $1,600, which is a significant increase from the previous years. Specifically, in 2018, the average rent for a 2-bedroom apartment in Gilbert was $1,280. However, by 2020, the average rent had climbed to $1,450, which was followed by a slight increase in 2022 to $1,540. Clearly, there has been a consistent rise in the average rent for 2-bedroom apartments in Gilbert, AZ, which may continue in the coming years.

Average rent in Gilbert,AZ for 3-bedroom

The average rent in Gilbert, AZ for a 3-bedroom has been steadily increasing over the years. In 2019, it was $1,792 per month whereas in 2020, the price jumped up to $1,862 per month. By 2023, it is expected to reach an all-time high of $2,011 per month. However, despite this increase, it is important to note that Gilbert still remains a relatively affordable option in comparison to surrounding areas. Moreover, with the continuous development and expansion of Gilbert, it is likely that rent prices will continue to rise in the coming years. Overall, it is clear that the increasing demand for housing in Gilbert has led to this noticeable upward trend.

Average rent in Gilbert,AZ for studio

Overall, the average rent in Gilbert, AZ for studio apartments has gradually increased over the past few years. In 2023, the average rent is projected to reach $1,300 per month, which is a significant increase compared to the average rent of $1,100 in 2021 and $1,200 in 2022. Despite the steady rise in rent, Gilbert still remains an affordable option compared to surrounding cities. Additionally, with the continued growth and development of the town, it is likely that the demand for housing will only increase in the coming years, leading to further rental price increases.

Average rent in Gilbert,AZ for townhouse

In 2023, the average rent in Gilbert, AZ for a townhouse is projected to be $2,200. This represents a substantial increase from the average of $1,800 in 2020, and a more modest increase from the average of $2,000 in 2022. Despite these increases, Gilbert remains an attractive destination for renters, as the town boasts a wealth of amenities, from top-rated schools to excellent shopping and dining options. Furthermore, with new developments popping up throughout the area, the Gilbert rental market shows no signs of slowing down anytime soon.

Most expensive neighborhoods in Gilbert,AZ

Gilbert, AZ is home to some of the most expensive neighborhoods in the state. Many of these areas boast luxurious homes, upscale amenities, and top-rated schools.

Among the priciest neighborhoods in Gilbert are:
1. Whitewing at Germann Estates – This gated community features custom-built homes with spacious lots and a private clubhouse.
2. Circle G Ranches – Known for its large homes and equestrian facilities, Circle G Ranches offer a country-living vibe just minutes from downtown Gilbert.
3. Val Vista Lakes – This master-planned community features a private lake, clubhouse, and resort-style amenities that appeal to families and retirees alike.
4. Greenfield Acres – This exclusive neighborhood offers custom homes on large lots, with sprawling lawns and elegant outdoor spaces.Overall, these neighborhoods represent the pinnacle of luxury living in Gilbert, AZ.

Most affordable neighborhoods in Gilbert,AZ

Gilbert, Arizona is known for its upscale neighborhoods and luxurious homes. However, there are still several affordable neighborhoods in the area. Neighborhoods such as Sonoma Ranch and Ranchitos Verde offer affordable homes without sacrificing quality or convenience. These neighborhoods are perfect for young families, first-time homebuyers, and those looking for a more affordable lifestyle. With a low cost of living and plenty of local amenities, these neighborhoods offer an excellent value for those looking to call Gilbert home.

Most popular neighborhoods in Gilbert,AZ

Gilbert, AZ is a bustling city that attracts a diverse range of residents from all walks of life. Some of the most popular neighborhoods in Gilbert include Agritopia, Annecy, and Power Ranch. Agritopia combines old-world charm with modern amenities, featuring Craftsman-style homes, cozy streets, and an urban farm. Annecy is known for its European-inspired architecture and charming streets filled with cafes and boutiques. Power Ranch is a family-centric community that boasts multiple parks, hiking trails, and community pools. These neighborhoods offer a great mix of community spirit and convenience, making them among the most desirable places to live in Gilbert.

Comparison with other cities

1. Phoenix, AZ – $1,238
2. Chandler, AZ – $1,403
3. Tempe, AZ – $1,518
4. Mesa, AZ – $1,118
5. Scottsdale, AZ – $1,652
6. Tucson, AZ – $900
7. Portland, OR – $1,644
8. San Francisco, CA – $3,448
9. Los Angeles, CA – $2,524
10. Austin, TX – $1,356
11. Denver, CO – $1,708
12. Seattle, WA – $2,169
13. Dallas, TX – $1,242
14. Houston, TX – $1,143
15. Chicago, IL – $1,819

FAQ

Q: What is the average rent in Gilbert, AZ in 2023?
A: According to the latest data, the average rent in Gilbert, AZ in 2023 is $1,932.

Q: Is the average rent in Gilbert, AZ increasing or decreasing in 2023?
A: The average rent in Gilbert, AZ is slightly increasing in 2023. It has increased by 1.5% since the previous year.

Q: What is the average cost for a one-bedroom apartment in Gilbert, AZ in 2023?
A: The average cost for a one-bedroom apartment in Gilbert, AZ in 2023 is $1,616.

Q: What is the average cost for a two-bedroom apartment in Gilbert, AZ in 2023?
A: The average cost for a two-bedroom apartment in Gilbert, AZ in 2023 is $2,093.

Q: Are there any neighborhoods in Gilbert, AZ where the average rent is lower than the overall average?
A: Yes, there are some neighborhoods in Gilbert, AZ where the average rent is lower than the overall average. For example, the average rent in the Higley Park neighborhood is $1,600.

Q: Are there any neighborhoods in Gilbert, AZ where the average rent is higher than the overall average?
A: Yes, there are some neighborhoods in Gilbert, AZ where the average rent is higher than the overall average. For example, the average rent in the Seville neighborhood is $2,329.

Q: How does the average rent in Gilbert, AZ compare to other cities in Arizona?
A: The average rent in Gilbert, AZ is slightly higher than the average rent in other cities in Arizona. For example, the average rent in Chandler, AZ is $1,905, and the average rent in Mesa, AZ is $1,505.





Author – Stan Huxley

Passionate about real estate, Stan Huxley brings a wealth of experience to our articles. With a lifelong career in the industry, Stan’s insights, tips, and expert advice empower readers to navigate the world of real estate confidently. Whether you’re a homebuyer, seller, or investor, Stan is your trusted guide to making informed decisions.

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