{
  "schema_version": "1.0",
  "submarket": {
    "slug": "gilbert-heritage-district-az",
    "name": "Gilbert / Heritage District",
    "state": "AZ",
    "city": "GILBERT",
    "cbsa": "Phoenix-Mesa-Chandler",
    "zip_codes": [
      "85233",
      "85234",
      "85295",
      "85296"
    ]
  },
  "report": {
    "yearmonth": "202604",
    "month_label": "April 2026",
    "first_published_at": "2026-04-22T04:22:04.057Z",
    "last_updated_at": "2026-06-02T14:00:13.422Z"
  },
  "rents": {
    "apartment": {
      "1br": {
        "median": 1540,
        "low": 1463,
        "high": 1617,
        "mom_pct": -0.6894369973190347,
        "yoy_pct": -0.8102949061662199
      },
      "2br": {
        "median": 1778,
        "low": 1689,
        "high": 1867,
        "mom_pct": 1.2579712041884819,
        "yoy_pct": -2.5966753926701567
      },
      "3br": {
        "median": 2198,
        "low": 2088,
        "high": 2308,
        "mom_pct": -1.3651707317073172,
        "yoy_pct": -2.9250731707317077
      },
      "4br": {
        "median": 3182,
        "low": 3087,
        "high": 3278,
        "mom_pct": -0.030000000000000006,
        "yoy_pct": 0.966923076923077
      }
    },
    "condo_townhome": {
      "1br": {
        "median": 1578,
        "low": 1539,
        "high": 1618,
        "mom_pct": 1.3490909090909091,
        "yoy_pct": 0.3427272727272727
      },
      "2br": {
        "median": 1864,
        "low": 1790,
        "high": 1939,
        "mom_pct": 2.654561403508772,
        "yoy_pct": 2.2833333333333328
      },
      "3br": {
        "median": 2156,
        "low": 2070,
        "high": 2242,
        "mom_pct": -1.129137931034483,
        "yoy_pct": -2.014310344827586
      },
      "4br": {
        "median": 3182,
        "low": 3087,
        "high": 3278,
        "mom_pct": 0.45,
        "yoy_pct": 0.5025000000000001
      }
    },
    "single_family": {
      "1br": {
        "median": 1749,
        "low": 1705,
        "high": 1792,
        "mom_pct": 0.69,
        "yoy_pct": 2.2744444444444443
      },
      "2br": {
        "median": 2153,
        "low": 2099,
        "high": 2207,
        "mom_pct": -3.3268181818181826,
        "yoy_pct": -1.4736363636363636
      },
      "3br": {
        "median": 2275,
        "low": 2161,
        "high": 2389,
        "mom_pct": 4.239794520547945,
        "yoy_pct": 1.5952739726027396
      },
      "4br": {
        "median": 2605,
        "low": 2461,
        "high": 2748,
        "mom_pct": 5.516174496644295,
        "yoy_pct": 3.1361744966442955
      }
    }
  },
  "vacancy": 3.5389,
  "days_on_market": {
    "apartment": 36,
    "condo_townhome": 32,
    "single_family": 27
  },
  "ai_summary": [
    {
      "headline": "2BR condo rents rise 2.65% MoM",
      "body": "In the Gilbert / Heritage District (85233, 85234, 85295, 85296) rental market, 2-bedroom condos climbed 2.65% month-over-month to a median rent of $1,864 in April 2026. This annual gain of 2.28% contrasts with 2-bedroom apartments, which declined by 2.60% year-over-year, underscoring stronger growth for condo and townhome units."
    },
    {
      "headline": "3BR apartments trail single-family by $77",
      "body": "Median rent for 3-bedroom apartments in Gilbert / Heritage District (85233, 85234, 85295, 85296) stood at $2,198, trailing 3-bedroom single-family homes, which averaged $2,275. This $77 premium highlights tenant preference for detached residences over similarly-sized apartments within the market."
    },
    {
      "headline": "4BR single-family homes surge 5.52% MoM",
      "body": "Analysis of Gilbert / Heritage District (85233, 85234, 85295, 85296) rental trends indicates that 4-bedroom single-family homes experienced a 5.52% month-over-month jump to $2,605, the largest increase among all property segments. This sharp rise points to elevated demand for larger detached housing in April 2026."
    }
  ],
  "summary": {
    "canonical": [
      "As of April 2026, rental prices in Gilbert / Heritage District, AZ range from $1,540 to $3,182 per month depending on property type and bedroom count.",
      "The largest year-over-year increase is seen in single-family 4BR homes, which rose 3.14%.",
      "For 2BR units, single-family homes have a median rent of $2,153 while condo/townhome rents are lower at $1,864."
    ],
    "qa": [
      {
        "question": "What is the typical rent range in Gilbert / Heritage District, AZ?",
        "answer": "As of April 2026, rents in Gilbert / Heritage District, AZ range from $1,540 for 1BR apartments up to $3,182 for 4BR apartments or 4BR condos/townhomes."
      },
      {
        "question": "Is there an unusual or outlier rent figure in the Gilbert / Heritage District, AZ market for April 2026?",
        "answer": "The median rent for 4BR apartments and 4BR condos/townhomes is identical at $3,182, which stands out as an unusual alignment across property types."
      },
      {
        "question": "What is the premium gap between condos/townhomes and single-family rentals for 2BR units in Gilbert / Heritage District, AZ?",
        "answer": "In April 2026, 2BR single-family homes have a median rent of $2,153, which is $289 higher than 2BR condos/townhomes at $1,864."
      },
      {
        "question": "Which property type and bedroom count is the most affordable in Gilbert / Heritage District, AZ?",
        "answer": "The most affordable segment in April 2026 is 1BR apartments with a median rent of $1,540."
      }
    ]
  },
  "history": [
    {
      "yearmonth": "202604",
      "month_label": "April 2026",
      "rents": {
        "apartment": {
          "1br": 1540,
          "2br": 1778,
          "3br": 2198,
          "4br": 3182
        },
        "condo_townhome": {
          "1br": 1578,
          "2br": 1864,
          "3br": 2156,
          "4br": 3182
        },
        "single_family": {
          "1br": 1749,
          "2br": 2153,
          "3br": 2275,
          "4br": 2605
        }
      }
    },
    {
      "yearmonth": "202603",
      "month_label": "March 2026",
      "rents": {
        "apartment": {
          "1br": 1583,
          "2br": 1770,
          "3br": 2228,
          "4br": 3173
        },
        "condo_townhome": {
          "1br": 1601,
          "2br": 1945,
          "3br": 2224,
          "4br": 3134
        },
        "single_family": {
          "1br": 1749,
          "2br": 2256,
          "3br": 2180,
          "4br": 2456
        }
      }
    },
    {
      "yearmonth": "202602",
      "month_label": "February 2026",
      "rents": {
        "apartment": {
          "1br": 1550,
          "2br": 1774,
          "3br": 2225,
          "4br": 3219
        },
        "condo_townhome": {
          "1br": 1572,
          "2br": 1835,
          "3br": 2217,
          "4br": 3217
        },
        "single_family": {
          "1br": 1740,
          "2br": 2236,
          "3br": 2184,
          "4br": 2478
        }
      }
    },
    {
      "yearmonth": "202601",
      "month_label": "January 2026",
      "rents": {
        "apartment": {
          "1br": 1647,
          "2br": 1869,
          "3br": 2281,
          "4br": 3275
        },
        "condo_townhome": {
          "1br": 1570,
          "2br": 1853,
          "3br": 2217,
          "4br": 3257
        },
        "single_family": {
          "1br": 1741,
          "2br": 2266,
          "3br": 2118,
          "4br": 2426
        }
      }
    },
    {
      "yearmonth": "202512",
      "month_label": "December 2025",
      "rents": {
        "apartment": {
          "1br": 1559,
          "2br": 1804,
          "3br": 2243,
          "4br": 3332
        },
        "condo_townhome": {
          "1br": 1563,
          "2br": 1840,
          "3br": 2223,
          "4br": 3286
        },
        "single_family": {
          "1br": 1742,
          "2br": 2267,
          "3br": 2159,
          "4br": 2485
        }
      }
    },
    {
      "yearmonth": "202511",
      "month_label": "November 2025",
      "rents": {
        "apartment": {
          "1br": 1532,
          "2br": 1784,
          "3br": 2273,
          "4br": 3349
        },
        "condo_townhome": {
          "1br": 1579,
          "2br": 1844,
          "3br": 2230,
          "4br": 3307
        },
        "single_family": {
          "1br": 1748,
          "2br": 2292,
          "3br": 2189,
          "4br": 2496
        }
      }
    },
    {
      "yearmonth": "202510",
      "month_label": "October 2025",
      "rents": {
        "apartment": {
          "1br": 1536,
          "2br": 1806,
          "3br": 2299,
          "4br": 3343
        },
        "condo_townhome": {
          "1br": 1563,
          "2br": 1842,
          "3br": 2253,
          "4br": 3312
        },
        "single_family": {
          "1br": 1746,
          "2br": 2271,
          "3br": 2218,
          "4br": 2550
        }
      }
    },
    {
      "yearmonth": "202509",
      "month_label": "September 2025",
      "rents": {
        "apartment": {
          "1br": 1526,
          "2br": 1846,
          "3br": 2297,
          "4br": 3318
        },
        "condo_townhome": {
          "1br": 1581,
          "2br": 1837,
          "3br": 2252,
          "4br": 3326
        },
        "single_family": {
          "1br": 1740,
          "2br": 2298,
          "3br": 2246,
          "4br": 2573
        }
      }
    },
    {
      "yearmonth": "202508",
      "month_label": "August 2025",
      "rents": {
        "apartment": {
          "1br": 1545,
          "2br": 1837,
          "3br": 2280,
          "4br": 3293
        },
        "condo_townhome": {
          "1br": 1582,
          "2br": 1863,
          "3br": 2242,
          "4br": 3310
        },
        "single_family": {
          "1br": 1738,
          "2br": 2270,
          "3br": 2277,
          "4br": 2594
        }
      }
    },
    {
      "yearmonth": "202507",
      "month_label": "July 2025",
      "rents": {
        "apartment": {
          "1br": 1543,
          "2br": 1814,
          "3br": 2284,
          "4br": 3262
        },
        "condo_townhome": {
          "1br": 1573,
          "2br": 1846,
          "3br": 2229,
          "4br": 3290
        },
        "single_family": {
          "1br": 1734,
          "2br": 2269,
          "3br": 2290,
          "4br": 2609
        }
      }
    },
    {
      "yearmonth": "202506",
      "month_label": "June 2025",
      "rents": {
        "apartment": {
          "1br": 1554,
          "2br": 1806,
          "3br": 2284,
          "4br": 3228
        },
        "condo_townhome": {
          "1br": 1560,
          "2br": 1837,
          "3br": 2217,
          "4br": 3254
        },
        "single_family": {
          "1br": 1728,
          "2br": 2245,
          "3br": 2305,
          "4br": 2609
        }
      }
    },
    {
      "yearmonth": "202505",
      "month_label": "May 2025",
      "rents": {
        "apartment": {
          "1br": 1550,
          "2br": 1812,
          "3br": 2290,
          "4br": 3181
        },
        "condo_townhome": {
          "1br": 1562,
          "2br": 1845,
          "3br": 2217,
          "4br": 3203
        },
        "single_family": {
          "1br": 1718,
          "2br": 2215,
          "3br": 2276,
          "4br": 2566
        }
      }
    }
  ],
  "links": {
    "data_page": "https://data.estaite.com/submarkets/gilbert-heritage-district-az/",
    "self": "https://data.estaite.com/feeds/gilbert-heritage-district-az.json"
  },
  "license": "CC BY 4.0",
  "license_url": "https://creativecommons.org/licenses/by/4.0/",
  "attribution": "Data provided by Estaite (https://estaite.com)"
}