Best Affordable Neighborhoods in Gilbert, AZ

Some of the cheapest neighborhoods in Gilbert are Oaktree Park, Villa Madeira, and Bayview. These neighborhoods offer some of the lowest rent prices in Gilbert, making them ideal for renters on a budget. As of January 28, 2026, the average rent in Gilbert is $1,562, which is 3.5% 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.

Oaktree Park

Average Rent

$1,178/Month

Units Available

14 Rentals

Oaktree Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in Oaktree Park is $1,178 while the city average is $1,562. Residents enjoy convenient access to ASU Center for Meteorite Studies, Stapley Dr/Main St, and Gilbert & Houston Plaza.

Apartments for Rent in Oaktree Park Oaktree Park Cheap Apartments

Villa Madeira

Average Rent

$1,372/Month

Units Available

24 Rentals

When you’re looking for a great Gilbert neighborhood on a budget, check out Villa Madeira. The average rent is $1,372, compared to the city average of $1,562. Villa Madeira is convenient to ASU Center for Meteorite Studies, Phoenix-Mesa Gateway, and Mesa C.C., Downtown Center.

Apartments for Rent in Villa Madeira Villa Madeira Cheap Apartments

Bayview

Average Rent

$1,372/Month

Units Available

14 Rentals

Bayview is an affordable neighborhood in Gilbert with an average rent price of $1,372. Compare this to the city average of $1,562. Bayview provides easy access to Center/Main St, City of Chandler Environmental Education Center, and Mesa C.C., Southern and Dobson.

Apartments for Rent in Bayview Bayview Cheap Apartments

Playa del Rey

Average Rent

$1,469/Month

TransitScore® Rating

23/100

Units Available

11 Rentals

If you’re looking for a great, affordable neighborhood in Gilbert, Playa del Rey might be the perfect place! It has an average rent price of $1,469, while the city’s average stands at $1,562. Playa del Rey is near Ethan Plaza, Arizona Museum of Natural History, and Phoenix Sky Harbor International.

Apartments for Rent in Playa del Rey Playa del Rey Cheap Apartments

Gemini

Average Rent

$1,494/Month

Units Available

26 Rentals

Gemini is a top choice for budget-conscious renters for a variety of reasons. The average rent in Gemini is $1,494 while the city average is $1,562. Residents enjoy convenient access to Center/Main St, Riparian Preserve at Water Ranch, and i.d.e.a. Museum.

Downtown Gilbert

Average Rent

$1,503/Month

Year-Over-Year Rent Change

7.6%

TransitScore® Rating

28/100

Units Available

52 Rentals

When you’re looking for a great Gilbert neighborhood on a budget, check out Downtown Gilbert. The average rent is $1,503, compared to the city average of $1,562. Rent prices have decreased by 7.6%. Downtown Gilbert is convenient to Center/Main St, City of Chandler Environmental Education Center, and Phoenix-Mesa Gateway. The community is somewhat walkable with a WalkScore® of 60.

Apartments for Rent in Downtown Gilbert Downtown Gilbert Cheap Apartments

Cameron Ranch

Average Rent

$1,507/Month

TransitScore® Rating

0/100

Units Available

19 Rentals

Cameron Ranch is an affordable neighborhood in Gilbert with an average rent price of $1,507. Compare this to the city average of $1,562. Cameron Ranch provides easy access to Riparian Preserve at Water Ranch, Mesa Dr/Main St, and Center/Main St. It’s a car-dependent neighborhood with a WalkScore® of 35.

Apartments for Rent in Cameron Ranch Cameron Ranch Cheap Apartments Cameron Ranch Low Income Apartments

The Timbers

Average Rent

$1,534/Month

TransitScore® Rating

0/100

Units Available

10 Rentals

If you’re looking for a great, affordable neighborhood in Gilbert, The Timbers might be the perfect place! It has an average rent price of $1,534, while the city’s average stands at $1,562. The Timbers is near Arizona State Univ., Polytech, Power Marketplace, and City of Chandler Environmental Education Center.

Apartments for Rent in The Timbers The Timbers Cheap Apartments

Fincher Creek

Average Rent

$1,554/Month

Units Available

29 Rentals

Fincher Creek is a top choice for budget-conscious renters for a variety of reasons. The average rent in Fincher Creek is $1,554 while the city average is $1,562. Residents enjoy convenient access to Chandler-Gilbert C.C., Mesa, Riparian Preserve at Water Ranch, and Arizona State Univ., Polytech.

Apartments for Rent in Fincher Creek Fincher Creek Cheap Apartments

North Gilbert

Average Rent

$1,561/Month

Year-Over-Year Rent Change

3.8%

TransitScore® Rating

20/100

Units Available

429 Rentals

When you’re looking for a great Gilbert neighborhood on a budget, check out North Gilbert. The average rent is $1,561, compared to the city average of $1,562. Rent prices have decreased by 3.8%. North Gilbert is convenient to Benedictine University, Phoenix Sky Harbor International, and Wildflower Village. The community is car-dependent with a WalkScore® of 45.

Apartments for Rent in North Gilbert North Gilbert Cheap Apartments North Gilbert Low Income Apartments

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.