Cheapest Neighborhoods in Gilbert, AZ
Some of the cheapest neighborhoods in Gilbert are The Islands, Downtown Gilbert, and North Gilbert. These neighborhoods offer some of the lowest rent prices in Gilbert, making them ideal for renters on a budget. As of June 14, 2026, the average rent in Gilbert is $1,573, which is 1.8% 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.
The Islands
Average Rent
$1,426/Month
Year-Over-Year Rent Change
1%
Units Available
28 Rentals
If you’re looking for a great, affordable neighborhood in Gilbert, The Islands might be the perfect place! It has an average rent price of $1,426, while the city’s average stands at $1,573. In the last year, prices have increased by 1%. The Islands is near Arizona Museum of Natural History, Phoenix Sky Harbor International, and Corcovado Village.
Downtown Gilbert
Average Rent
$1,498/Month
Year-Over-Year Rent Change
1.7%
Units Available
98 Rentals
Downtown Gilbert is a top choice for budget-conscious renters for a variety of reasons. The average rent in Downtown Gilbert is $1,498 while the city average is $1,573. This is a -1.7% difference from last year. Residents enjoy convenient access to Arizona Museum of Natural History, i.d.e.a. Museum, and Center/Main St.
North Gilbert
Average Rent
$1,617/Month
Year-Over-Year Rent Change
2.2%
Units Available
300 Rentals
When you’re looking for a great Gilbert neighborhood on a budget, check out North Gilbert. The average rent is $1,617, compared to the city average of $1,573. Rent prices have decreased by 2.2%. North Gilbert is convenient to Riparian Preserve at Water Ranch, Wildflower Village, and Mesa C.C., Downtown Center.
South Gilbert
Average Rent
$1,692/Month
Units Available
541 Rentals
South Gilbert is an affordable neighborhood in Gilbert with an average rent price of $1,692. Compare this to the city average of $1,573.
Wild Horse
Average Rent
$1,714/Month
Units Available
17 Rentals
If you’re looking for a great, affordable neighborhood in Gilbert, Wild Horse might be the perfect place! It has an average rent price of $1,714, while the city’s average stands at $1,573. Wild Horse is near Mesa C.C., Southern and Dobson, Chandler-Gilbert C.C., Pecos, and Chandler-Gilbert CC. Sun Lakes.
East Gilbert
Average Rent
$1,782/Month
Year-Over-Year Rent Change
0.9%
Units Available
331 Rentals
East Gilbert is a top choice for budget-conscious renters for a variety of reasons. The average rent in East Gilbert is $1,782 while the city average is $1,573. This is a -0.9% difference from last year. Residents enjoy convenient access to Mesa Dr/Main St, Gilbert Rd/Main St, and Chandler-Gilbert C.C., Pecos.
Agritopia
Average Rent
$1,992/Month
Year-Over-Year Rent Change
0.4%
Units Available
62 Rentals
When you’re looking for a great Gilbert neighborhood on a budget, check out Agritopia. The average rent is $1,992, compared to the city average of $1,573. Rent prices have increased by 0.4%. Agritopia is convenient to Arizona Museum of Natural History, Arizona State Univ., Polytech, and NWC Higley Rd & Williams Field Rd.
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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.