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.

Ready to make your move to Gilbert? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!

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.