Most Affordable Neighborhoods in Gilbert, AZ
Some of the cheapest neighborhoods in Gilbert are Catalina Bay at the Islands, Harbor Point, and Coral Point. These neighborhoods offer some of the lowest rent prices in Gilbert, making them ideal for renters on a budget. As of September 12, 2025, the average rent in Gilbert is $1,579, which is 2.5% 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.
Catalina Bay at the Islands
Average Rent
$1,337/Month
Units Available
12 Rentals
Catalina Bay at the Islands is a top choice for budget-conscious renters for a variety of reasons. The average rent in Catalina Bay at the Islands is $1,337 while the city average is $1,579. Residents enjoy convenient access to City of Chandler Environmental Education Center, Gilbert Rd/Main St, and Center/Main St.
Harbor Point
Average Rent
$1,337/Month
Units Available
12 Rentals
When you’re looking for a great Gilbert neighborhood on a budget, check out Harbor Point. The average rent is $1,337, compared to the city average of $1,579. Harbor Point is convenient to Islands Plaza, i.d.e.a. Museum, and Fry's At The Islands.
Coral Point
Average Rent
$1,337/Month
Units Available
12 Rentals
Coral Point is an affordable neighborhood in Gilbert with an average rent price of $1,337. Compare this to the city average of $1,579. Coral Point provides easy access to Center/Main St, Phoenix Sky Harbor International, and Arizona Museum of Natural History.
Bayview
Average Rent
$1,358/Month
Units Available
22 Rentals
If you’re looking for a great, affordable neighborhood in Gilbert, Bayview might be the perfect place! It has an average rent price of $1,358, while the city’s average stands at $1,579. Bayview is near Phoenix-Mesa Gateway, Mesa C.C., Southern and Dobson, and ASU Center for Meteorite Studies.
Fincher Farms
Average Rent
$1,440/Month
TransitScore® Rating
0/100
Units Available
22 Rentals
Fincher Farms is a top choice for budget-conscious renters for a variety of reasons. The average rent in Fincher Farms is $1,440 while the city average is $1,579. Residents enjoy convenient access to Country Club/Main St, Red Mountain Park, and Center/Main St. The neighborhood is considered car-dependent with a WalkScore® of 40.
Fincher Creek
Average Rent
$1,440/Month
Units Available
22 Rentals
When you’re looking for a great Gilbert neighborhood on a budget, check out Fincher Creek. The average rent is $1,440, compared to the city average of $1,579. Fincher Creek is convenient to A.T. Still Univ. AZ, Arizona Museum of Natural History, and Phoenix-Mesa Gateway.
Playa del Rey
Average Rent
$1,466/Month
TransitScore® Rating
23/100
Units Available
10 Rentals
Playa del Rey is an affordable neighborhood in Gilbert with an average rent price of $1,466. Compare this to the city average of $1,579. Playa del Rey provides easy access to The Shops at Fiesta Ranch, ASU Center for Meteorite Studies, and Desert Arboretum Park. It’s a car-dependent neighborhood with a WalkScore® of 33.
Villa Madeira
Average Rent
$1,473/Month
Units Available
11 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 $1,473, while the city’s average stands at $1,579. Villa Madeira is near Desert Arboretum Park, Country Club/Main St, and Phoenix Sky Harbor International.
Lacy
Average Rent
$1,500/Month
TransitScore® Rating
34/100
Units Available
12 Rentals
Lacy is a top choice for budget-conscious renters for a variety of reasons. The average rent in Lacy is $1,500 while the city average is $1,579. Residents enjoy convenient access to Arizona Museum of Natural History, i.d.e.a. Museum, and Country Club/Main St. The neighborhood is considered walkable with a WalkScore® of 87.
Downtown Gilbert
Average Rent
$1,521/Month
Year-Over-Year Rent Change
3.6%
TransitScore® Rating
28/100
Units Available
65 Rentals
When you’re looking for a great Gilbert neighborhood on a budget, check out Downtown Gilbert. The average rent is $1,521, compared to the city average of $1,579. Rent prices have decreased by 3.6%. Downtown Gilbert is convenient to Chandler-Gilbert C.C., Pecos, Mesa Dr/Main St, and Phoenix-Mesa Gateway. The community is somewhat walkable with a WalkScore® of 60.
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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.