Cheapest Neighborhoods in Gilbert, AZ

Some of the cheapest neighborhoods in Gilbert are Holiday Estates, Cameron Ranch, 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, 2026, the average rent in Gilbert is $1,583, which is 0.1% 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.

Holiday Estates

Average Rent

$1,252/Month

Units Available

22 Rentals

Holiday Estates is an affordable neighborhood in Gilbert with an average rent price of $1,252. Compare this to the city average of $1,583.

Cameron Ranch

Average Rent

$1,299/Month

Units Available

15 Rentals

If you’re looking for a great, affordable neighborhood in Gilbert, Cameron Ranch might be the perfect place! It has an average rent price of $1,299, while the city’s average stands at $1,583.

Villa Madeira

Average Rent

$1,364/Month

Units Available

23 Rentals

Villa Madeira is a top choice for budget-conscious renters for a variety of reasons. The average rent in Villa Madeira is $1,364 while the city average is $1,583.

Bayview

Average Rent

$1,396/Month

Units Available

15 Rentals

When you’re looking for a great Gilbert neighborhood on a budget, check out Bayview. The average rent is $1,396, compared to the city average of $1,583.

Neely Farms

Average Rent

$1,429/Month

Units Available

11 Rentals

Neely Farms is an affordable neighborhood in Gilbert with an average rent price of $1,429. Compare this to the city average of $1,583.

Devon

Average Rent

$1,429/Month

Units Available

11 Rentals

If you’re looking for a great, affordable neighborhood in Gilbert, Devon might be the perfect place! It has an average rent price of $1,429, while the city’s average stands at $1,583.

Downtown Gilbert

Average Rent

$1,440/Month

Year-Over-Year Rent Change

1.7%

Units Available

73 Rentals

Downtown Gilbert is a top choice for budget-conscious renters for a variety of reasons. The average rent in Downtown Gilbert is $1,440 while the city average is $1,583. This is a 1.7% difference from last year. Residents enjoy convenient access to City of Chandler Environmental Education Center, Lowes Shopping Center, and Arizona Museum of Natural History.

Vincenz

Average Rent

$1,464/Month

Units Available

23 Rentals

When you’re looking for a great Gilbert neighborhood on a budget, check out Vincenz. The average rent is $1,464, compared to the city average of $1,583.

The Islands

Average Rent

$1,541/Month

Year-Over-Year Rent Change

2.8%

Units Available

45 Rentals

The Islands is an affordable neighborhood in Gilbert with an average rent price of $1,541. Compare this to the city average of $1,583. In the past year, rent prices have increased by 2.8%. The Islands provides easy access to City of Chandler Environmental Education Center, Corcovado Village, and Center/Main St.

Gemini

Average Rent

$1,550/Month

Units Available

19 Rentals

If you’re looking for a great, affordable neighborhood in Gilbert, Gemini might be the perfect place! It has an average rent price of $1,550, while the city’s average stands at $1,583.

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.