Average Rent in 85234, Gilbert, AZ

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Current Versus Historical 85234, Gilbert, AZ Rents

85234 rentals average $1,293 for a 1-bedroom rental to $2,998 for a 4-bedroom rental. The median price of all currently available listings is $2,550, or roughly $18 per square feet.

For the apartment units and housing in July 2026, median rents have fallen substantially over the last year. 1-bedroom rentals prices have decreased by $383 (-22.88%) year-over-year from $1,676 to $1,293. 2-bedroom rentals prices have increased by $8 (0.46%) year-over-year from $1,814 to $1,823. 3-bedroom rentals prices have increased by $263 (11.48%) year-over-year from $2,287 to $2,550. 4-bedroom rentals prices have increased by $393 (14.53%) year-over-year from $2,707 to $3,100. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. 1-bedroom rents have gone down by 17.37% this month. 2-bedroom rents have gone down by 1.97% this month. 3-bedroom rents have gone up by 4.15% this month. 4-bedroom rents have gone down by 4.59% this month.

Beds	Price / Sqft	Jul 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$29.71	$1,293	$1,676 (-22.88%)	$1,300 (-0.58%)
2 BR	$20.76	$1,823	$1,814 (0.46%)	$1,767 (3.16%)
3 BR	$19.12	$2,550	$2,287 (11.48%)	$2,272 (12.25%)
4+ BR	$15.03	$3,100	$2,707 (14.53%)	$3,023 (2.55%)

Historical Rents in 85234, Gilbert, AZ

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 85234

There are a total of 10 cities nearby 85234. The average rent in 85234 is currently $2,498 per month. A total of 6 cities nearby have an average rent lower than that. Our records show that Maricopa, AZ, with an average rent of $1,885, is the most affordable city nearby. In contrast, the most expensive city near 85234, Gilbert, AZ is Paradise Valley, AZ. Monthly rents here are on average $21,900 per month.

Let's compare 85234, Gilbert, AZ's rent against other top cities nearby by bedroom size. One bedrooms are about 19.09% more affordable. Two bedrooms in 85234, Gilbert, AZ are about 10.43% more affordable. Finally, rent for three bedrooms are about 1.72% more affordable. Want more information? Check out the top 10 cities near 85234, Gilbert, AZ in the following table.

City	Studio	1 Bed	2 Bed	All
Maricopa, AZ	N/A	$1,098	$1,827	$1,885
Mesa, AZ	$1,050	$1,226	$1,550	$1,995
San Tan Valley, AZ	N/A	N/A	$4,400	$2,045
Tempe, AZ	$1,175	$1,300	$1,795	$2,400
Chandler, AZ	$1,360	$1,679	$1,925	$2,495
Gilbert, AZ	N/A	$1,715	$2,100	$2,500
Fountain Hills, AZ	$2,095	$2,000	$2,513	$2,800
Queen Creek, AZ	N/A	$1,400	$1,915	$2,973
Scottsdale, AZ	$1,329	$1,888	$3,000	$4,000
Paradise Valley, AZ	N/A	$11,500	$18,000	$21,900

Top Neighborhoods Near 85234

There are a total of 5 neighborhoods in or near 85234. Some of these neighborhoods include Scottsdale Ranch, Downtown Scottsdale, and Desert Ridge. We've included all of these top 5 neighborhoods in or near 85234, Gilbert, AZ in the following table.

The average rent for these 5 neighborhoods in or near 85234, Gilbert, AZ is currently around $3,825 per month. Interestingly, the neighborhoods' average rent is higher than 85234's average rent, which is only $2,550. Out of all the neighborhoods in or near 85234, Scottsdale Ranch has the most affordable average rent at $3,500 per month. Whereas, at $4,395 average rent per month, McCormick Ranch is the most expensive neighborhood in or near 85234. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Scottsdale Ranch, Scottsdale, AZ	N/A	$3,300	$3,500	$3,500
Downtown Scottsdale, Scottsdale, AZ	$1,698	$2,800	$3,275	$3,695
Desert Ridge, Phoenix, AZ	N/A	$2,300	$3,100	$3,825
Greyhawk, Scottsdale, AZ	N/A	$2,098	$3,199	$3,950
McCormick Ranch, Scottsdale, AZ	$2,025	$2,225	$4,000	$4,395

Top Counties Near 85234

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near 85234

There are a total of 35 zipcodes in or near 85234, Gilbert, AZ. The average rent for all of these zipcodes is $2,525. A total of 18 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 85203, Mesa, AZ at $1,468 per month. In comparison, the zipcode with the most expensive average rent of $14,995 per month is 85253, Paradise Valley, AZ.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 85234, Gilbert, AZ is $1,500 per month. Or in other words, $25 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,961 per month. Which comes out to $21 per sqft. The following table includes the top 10 zipcodes in 85234, Gilbert, AZ. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
85251, Scottsdale, AZ	$899	$1,971	$2,495	$3,000
85281, Tempe, AZ	$1,243	$1,265	$1,800	$2,200
85225, Chandler, AZ	$1,087	$1,360	$1,722	$2,200
85258, Maricopa County, AZ	$2,025	$2,044	$3,798	$4,000
85296, Gilbert, AZ	N/A	$1,502	$1,961	$2,373
85233, Gilbert, AZ	N/A	$1,490	$2,090	$2,423
85255, Scottsdale, AZ	N/A	$2,098	$3,500	$5,000
85295, Gilbert, AZ	N/A	$1,899	$2,150	$2,525
85018, Phoenix, AZ	$699	$1,570	$2,000	$2,750
85282, Tempe, AZ	$1,024	$1,290	$1,600	$2,773

Frequently Asked Questions - 85234 Average Rents

What is the average rent price in 85234, Gilbert, AZ?

The average monthly rental price for 85234, Gilbert, AZ apartments for rent is approximately $2,550. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 85234, Gilbert, AZ rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 85234, Gilbert, AZ.

How much is a one bedroom apartment in 85234, Gilbert, AZ?

The average monthly rental price for one bedroom apartments is $1,293 and an average price per square feet of $29.71. There are a total of 2 one bedroom apartment listings currently available for rent in 85234.

How much is a two bedroom apartment in 85234, Gilbert, AZ?

The average monthly rental price for two bedroom apartments is $1,823 and an average price per square feet of $20.76. There are a total of 10 two bedroom apartment listings currently available for rent in 85234.

How have rent prices in 85234, Gilbert, AZ changed this year?

Rent prices for rentals in 85234, Gilbert, AZ can fluctuate yearly. Specifically, one bedroom rental prices have changed by -0.23%, two bedroom rental prices have changed by 0.00%, three bedroom rental prices have changed by 0.11% year-over-year.

What is a reasonable rent price in 85234, Gilbert, AZ?

A reasonable rent price in 85234, Gilbert, AZ is around $2,040/month. You can search for these reasonably priced rental listings on RentHop.