Average Rent in 85234, Gilbert, AZ

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Current Versus Historical 85234, Gilbert, AZ Rents

85234 rentals average $1,245 for a 1-bedroom rental to $3,000 for a 4-bedroom rental. The median price of all currently available listings is $2,508, or roughly $18 per square feet.

For the apartment units and housing in October 2026, median rents have been roughly unchanged over the last year. 1-bedroom rentals prices have decreased by $52 (-4.02%) year-over-year from $1,297 to $1,245. 2-bedroom rentals prices have decreased by $67 (-3.56%) year-over-year from $1,867 to $1,800. 3-bedroom rentals prices have increased by $175 (7.95%) year-over-year from $2,200 to $2,375. 4-bedroom rentals prices have increased by $126 (4.38%) year-over-year from $2,874 to $3,000. 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. Studio rents have gone down by 0.00% this month. 1-bedroom rents have gone up by 1.27% this month. 2-bedroom rents have gone up by 2.96% this month. 3-bedroom rents have gone up by 0.07% this month. 4-bedroom rents have gone up by 5.57% this month.

Beds	Price / Sqft	Oct 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$28.69	$1,245	$1,297 (-4.02%)	$1,342 (-7.24%)
2 BR	$23.60	$1,800	$1,867 (-3.56%)	$1,699 (5.96%)
3 BR	$19.12	$2,375	$2,200 (7.95%)	$2,373 (0.11%)
4+ BR	$14.78	$3,000	$2,874 (4.38%)	$2,850 (5.26%)

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 $2,440 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 $1,763, 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 $18,000 per month.

Let's compare 85234, Gilbert, AZ's rent against other top cities nearby by bedroom size. One bedrooms are about 15.87% more affordable. Two bedrooms in 85234, Gilbert, AZ are about 13.75% more affordable. Finally, rent for three bedrooms are about 1.88% more expensive. 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	$1,800	$1,763
San Tan Valley, AZ	N/A	N/A	$2,500	$1,995
Tempe, AZ	$1,754	$1,327	$1,650	$2,000
Mesa, AZ	$1,237	$1,198	$1,500	$2,038
Gilbert, AZ	N/A	$1,580	$2,100	$2,430
Chandler, AZ	$1,359	$1,557	$1,995	$2,450
Queen Creek, AZ	N/A	$1,275	$1,548	$2,795
Fountain Hills, AZ	N/A	$2,300	$2,700	$2,975
Scottsdale, AZ	$1,425	$2,000	$3,500	$4,200
Paradise Valley, AZ	N/A	$3,250	$16,500	$18,000

Top Neighborhoods Near 85234

There are a total of 3 neighborhoods in or near 85234. Some of these neighborhoods include Downtown Scottsdale, McCormick Ranch, and Greyhawk. We've included all of these top 3 neighborhoods in or near 85234, Gilbert, AZ in the following table.

The average rent for these 3 neighborhoods in or near 85234, Gilbert, AZ is currently around $4,800 per month. Interestingly, the neighborhoods' average rent is higher than 85234's average rent, which is only $2,508. Out of all the neighborhoods in or near 85234, Downtown Scottsdale has the most affordable average rent at $4,000 per month. Whereas, at $5,000 average rent per month, Greyhawk is the most expensive neighborhood in or near 85234. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Downtown Scottsdale, Scottsdale, AZ	N/A	$3,000	$3,550	$4,000
McCormick Ranch, Scottsdale, AZ	$1,450	$2,650	$4,445	$4,800
Greyhawk, Scottsdale, AZ	N/A	$2,550	$4,200	$5,000

Top Counties Near 85234

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near 85234

There are a total of 34 zipcodes in or near 85234, Gilbert, AZ. The average rent for all of these zipcodes is $2,412. A total of 19 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 85008, Phoenix, AZ at $1,395 per month. In comparison, the zipcode with the most expensive average rent of $14,700 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 $1,499 per month. Or in other words, $25 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,955 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	$998	$2,000	$2,500	$3,000
85281, Tempe, AZ	$1,832	$1,349	$1,650	$1,895
85225, Chandler, AZ	$1,087	$1,300	$1,699	$2,150
85258, Maricopa County, AZ	$1,450	$2,550	$4,200	$4,450
85296, Gilbert, AZ	N/A	$1,502	$1,825	$2,373
85233, Gilbert, AZ	N/A	$1,249	$2,295	$2,325
85255, Scottsdale, AZ	N/A	$2,275	$4,500	$6,000
85295, Gilbert, AZ	N/A	$1,854	$2,350	$2,350
85018, Phoenix, AZ	$599	$1,600	$1,999	$2,950
85282, Tempe, AZ	$1,104	$1,291	$1,500	$2,325

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 $2,508. 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 $1,245 and an average price per square feet of $28.69. 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 $1,800 and an average price per square feet of $23.60. There are a total of 7 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 -0.04%, two bedroom rental prices have changed by -0.04%, three bedroom rental prices have changed by 0.08% year-over-year.

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

A reasonable rent price in 85234, Gilbert, AZ is around $2,006/month. You can search for these reasonably priced rental listings on RentHop.