Gilbert / Heritage District, AZ
June 2026
85233,85234,85295,85296
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,495 – $1,652 | 0.26% | -0.38% |
| 2-Bedroom | $1,712 – $1,892 | 1.96% | -0.81% |
| 3-Bedroom | $2,063 – $2,280 | -0.62% | -5.06% |
| 4-Bedroom | $3,132 – $3,325 | 0.69% | -0.01% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,539 – $1,618 | -0.41% | -0.70% |
| 2-Bedroom | $1,833 – $1,927 | 0.69% | 1.98% |
| 3-Bedroom | $2,102 – $2,277 | -0.18% | -1.39% |
| 4-Bedroom | $3,064 – $3,254 | -1.68% | -2.79% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,737 – $1,852 | 5.76% | 4.01% |
| 2-Bedroom | $2,073 – $2,210 | -2.68% | -3.82% |
| 3-Bedroom | $2,179 – $2,409 | 0.73% | -0.53% |
| 4-Bedroom | $2,548 – $2,845 | 2.62% | 3.25% |
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.