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Gilbert, AZ

Full City Profile · Arizona · Pinal County County

3.7 /5.0
B+ Good
271,118 Population 3,942/sq mi density
$121,351 Median Income $49,825 per capita
$518,600 Home Value $570,461 Zillow
$2,028 Median Rent 28.2% income on rent
73°F Avg Temperature 347 sunny days/yr
97 Violent Crime/100K 1,203 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$121,351 median income, 2.4% unemployment
A
Affordability
4.3 / 5.0
$518,600 home value, $2,028/mo rent
F
Safety
1.0 / 5.0
97 violent crimes/100K
A+
Education
4.8 / 5.0
47.5% bachelor's degree or higher

Housing Overview

Median Home Value
$518,600
84% above
US avg: $281,900
Median Rent
$2,028/mo
74% above
US avg: $1,163/mo
Homeownership Rate
73.9%
13% above US avg (65.4%)
Total Housing Units
93,761
Median year built: 2002

Home Value by Source

Census Median
$518,600
Zillow (ZHVI)
$570,461
Median Sale Price
$579,900
Median List Price
$625,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

73.9%
Owner-Occupied
26.1%
Renter-Occupied
74%
26%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,053/mo
1 Bedroom
$1,151/mo
2 Bedroom
$1,419/mo
3 Bedroom
$1,889/mo
4 Bedroom
$2,158/mo
Census median rent: $2,028/mo · Zillow rent: $2,049/mo

Market Indicators (Redfin)

Median Days on Market
56 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
243
Price Drops
29.8%
of listings with price reduction
Price Per Sq Ft
$285
Active Inventory
892
homes for sale

Affordability & Housing Stock

Rent Burden
28.2%
of renters spending 30%+ of income on housing
9% below US avg (31.0%)
Median Year Built
2002
Average age of housing stock: 24 years
Homeownership Rate
73.9%

Complete Housing Data

Home Values

Census Median Value$518,600
Zillow Home Value (ZHVI)$570,461
Median Sale Price$579,900
Median List Price$625,000
Price Per Sq Ft$285

Rent

Census Median Rent$2,028
Zillow Rent (ZORI)$2,049
FMR Studio$1,053
FMR 1-Bedroom$1,151
FMR 2-Bedroom$1,419
FMR 3-Bedroom$1,889
FMR 4-Bedroom$2,158

Market

Days on Market56
Sale-to-List Ratio1.0%
Price Drops29.8%
Homes Sold243
Active Inventory892
Price Per Sq Ft$285

Ownership & Stock

Owner-Occupied73.9%
Renter-Occupied26.1%
Homeownership Rate73.9%
Total Housing Units93,761
Median Year Built2002
Rent Burden28.2%