Most Affordable Neighborhoods in Gilbert, AZ

Some of the cheapest neighborhoods in Gilbert are Fincher Farms, Fincher Creek, and Villa Madeira. These neighborhoods offer some of the lowest rent prices in Gilbert, making them ideal for renters on a budget. As of July 29, 2025, the average rent in Gilbert is $1,586, which is 2% lower than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.

Fincher Farms

Average Rent

$1,444/Month

TransitScore® Rating

0/100

Units Available

27 Rentals

When you’re looking for a great Gilbert neighborhood on a budget, check out Fincher Farms. The average rent is $1,444, compared to the city average of $1,586. Fincher Farms is convenient to Gilbert Rd/Main St, Rodeo Park Plaza, and Center/Main St. The community is car-dependent with a WalkScore® of 40.

Fincher Creek

Average Rent

$1,444/Month

Units Available

27 Rentals

Fincher Creek is an affordable neighborhood in Gilbert with an average rent price of $1,444. Compare this to the city average of $1,586. Fincher Creek provides easy access to Mesa Dr/Main St, NWC Santan Village Pkwy & S Coronado Rd, and Gilbert Rd/Main St.

Villa Madeira

Average Rent

$1,448/Month

Units Available

12 Rentals

If you’re looking for a great, affordable neighborhood in Gilbert, Villa Madeira might be the perfect place! It has an average rent price of $1,448, while the city’s average stands at $1,586. Villa Madeira is near Horne Plaza, Gilbert Encinas Plaza, and Desert Arboretum Park.

Playa del Rey

Average Rent

$1,476/Month

TransitScore® Rating

23/100

Units Available

10 Rentals

Playa del Rey is a top choice for budget-conscious renters for a variety of reasons. The average rent in Playa del Rey is $1,476 while the city average is $1,586. Residents enjoy convenient access to Center/Main St, Country Club/Main St, and Mesa Dr/Main St. The neighborhood is considered car-dependent with a WalkScore® of 33.

Downtown Gilbert

Average Rent

$1,523/Month

Year-Over-Year Rent Change

3.9%

TransitScore® Rating

28/100

Units Available

66 Rentals

When you’re looking for a great Gilbert neighborhood on a budget, check out Downtown Gilbert. The average rent is $1,523, compared to the city average of $1,586. Rent prices have decreased by 3.9%. Downtown Gilbert is convenient to ASU Center for Meteorite Studies, Center/Main St, and Country Club/Main St. The community is somewhat walkable with a WalkScore® of 60.

The Timbers

Average Rent

$1,544/Month

TransitScore® Rating

0/100

Units Available

13 Rentals

The Timbers is an affordable neighborhood in Gilbert with an average rent price of $1,544. Compare this to the city average of $1,586. The Timbers provides easy access to Power Marketplace, Arizona State Univ., Polytech, and San Tan Mountain Regional Park. It’s a car-dependent neighborhood with a WalkScore® of 11.

Lacy

Average Rent

$1,546/Month

TransitScore® Rating

34/100

Units Available

14 Rentals

If you’re looking for a great, affordable neighborhood in Gilbert, Lacy might be the perfect place! It has an average rent price of $1,546, while the city’s average stands at $1,586. Lacy is near Mesa C.C., Downtown Center, Benedictine University, and Phoenix-Mesa Gateway.

Village at Spectrum

Average Rent

$1,549/Month

TransitScore® Rating

29/100

Units Available

11 Rentals

Village at Spectrum is a top choice for budget-conscious renters for a variety of reasons. The average rent in Village at Spectrum is $1,549 while the city average is $1,586. Residents enjoy convenient access to City of Chandler Environmental Education Center, Val Vista Square, and Phoenix Sky Harbor International. The neighborhood is considered somewhat walkable with a WalkScore® of 62.

Gemini

Average Rent

$1,549/Month

Units Available

17 Rentals

When you’re looking for a great Gilbert neighborhood on a budget, check out Gemini. The average rent is $1,549, compared to the city average of $1,586. Gemini is convenient to City of Chandler Environmental Education Center, Mesa Dr/Main St, and Chandler-Gilbert C.C., Pecos.

Cameron Ranch

Average Rent

$1,550/Month

TransitScore® Rating

0/100

Units Available

22 Rentals

Cameron Ranch is an affordable neighborhood in Gilbert with an average rent price of $1,550. Compare this to the city average of $1,586. Cameron Ranch provides easy access to Gilbert Rd/Main St, Country Club/Main St, and Stapley Dr/Main St. It’s a car-dependent neighborhood with a WalkScore® of 35.

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Methodology

Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.

We've combined this data with public records to provide the most current rental information available.