Gilbert / Heritage District, AZ
August 2026
85233,85234,85295,85296
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,445 – $1,566 | -1.34% | -1.03% |
| 2-Bedroom | $1,791 – $1,883 | 1.10% | -0.34% |
| 3-Bedroom | $2,200 – $2,313 | 0.61% | -1.58% |
| 4-Bedroom | $3,179 – $3,370 | 0.68% | -0.61% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,520 – $1,598 | 0.73% | -0.31% |
| 2-Bedroom | $1,802 – $1,952 | -0.08% | 0.09% |
| 3-Bedroom | $2,094 – $2,268 | -1.68% | -2.96% |
| 4-Bedroom | $3,152 – $3,347 | 0.11% | -1.71% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,781 – $1,911 | 1.93% | 6.21% |
| 2-Bedroom | $2,154 – $2,264 | 0.74% | -2.74% |
| 3-Bedroom | $2,174 – $2,403 | -0.01% | 0.46% |
| 4-Bedroom | $2,465 – $2,751 | -0.09% | 0.56% |
In the Gilbert / Heritage District (85233, 85234, 85295, 85296) rental market, 1-bedroom single-family homes posted a median rent of $1,701 for May 2026, reflecting a -2.88% change month over month. This decline is notable compared to slight positive movement in both the apartment and condo 1BR segments.
Among available units in Gilbert / Heritage District (85233, 85234, 85295, 85296), 2-bedroom single-family homes commanded $2,196, exceeding the 2BR apartment segment at $1,764 by $432. Moreover, 2BR single-family rents rose 2.37% MoM, while 2BR apartments declined -1.18% during the same period.
Annual data show that Gilbert / Heritage District (85233, 85234, 85295, 85296) rental trends featured a 0.75% year-over-year increase for 4-bedroom condo/townhome units, which reached a median rent of $3,227. This stands in contrast to 3BR apartments, which experienced a -4.25% decline over the same time frame.