Most Affordable Neighborhoods in Gilbert - 2026 Data
The median home value in Gilbert is $450,000, 60% above nat'l avg. Median rent is $1,772/month. With an affordability index of 75, Gilbert is less affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Gilbert, AZ area.
Key Takeaways: Affordability in Gilbert
- 1The most affordable neighborhood in Gilbert is Peoria, with a median home value of $380,000.
- 2Gilbert's median home value is $450,000, 60% above nat'l avg (national: $281,900).
- 3Gilbert's affordability index is 75 (baseline 100), making it less affordable than the national average.
- 4Median rent in Gilbert is $1,772/month, 52% above nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Gilbert to find the most affordable areas based on home values, rent, and affordability index.
Gilbert Affordability Overview
Median Home Value
$450,000
60% above nat'l avg
Median Rent
$1,772/mo
52% above nat'l avg
Median Income
$95,890
29% above nat'l avg
Affordability Index
75
25% below nat'l avg
Most Affordable Neighborhoods in Gilbert (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | PeoriaAZ | $380,000 |
| 2 | GlendaleAZ | $310,000 |
| 3 | SurpriseAZ | $360,000 |
| 4 | PhoenixAZ | $330,000 |
| 5 | ScottsdaleAZ | $560,000 |
| 6 | MesaAZ | $340,000 |
| 7 | BuckeyeAZ | $341,700 |
| 8 | Oro ValleyAZ | $404,500 |
| 9 | MaricopaAZ | $292,300 |
| 10 | MaranaAZ | $347,700 |
| 11 | Lake Havasu CityAZ | $363,300 |
| 12 | Sierra VistaAZ | $215,900 |
| 13 | GoodyearAZ | $396,100 |
| 14 | Queen CreekAZ | $493,700 |
| 15 | Paradise ValleyAZ | $2,000,001 |