Gilbert / Heritage District, AZ
April 2026
85233,85234,85295,85296
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,463 – $1,617 | -0.69% | -0.81% |
| 2-Bedroom | $1,689 – $1,867 | 1.26% | -2.60% |
| 3-Bedroom | $2,088 – $2,308 | -1.37% | -2.93% |
| 4-Bedroom | $3,087 – $3,278 | -0.03% | 0.97% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,539 – $1,618 | 1.35% | 0.34% |
| 2-Bedroom | $1,790 – $1,939 | 2.65% | 2.28% |
| 3-Bedroom | $2,070 – $2,242 | -1.13% | -2.01% |
| 4-Bedroom | $3,087 – $3,278 | 0.45% | 0.50% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,705 – $1,792 | 0.69% | 2.27% |
| 2-Bedroom | $2,099 – $2,207 | -3.33% | -1.47% |
| 3-Bedroom | $2,161 – $2,389 | 4.24% | 1.60% |
| 4-Bedroom | $2,461 – $2,748 | 5.52% | 3.14% |
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.
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.
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.