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
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 Market | 56 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 29.8% |
| Homes Sold | 243 |
| Active Inventory | 892 |
| Price Per Sq Ft | $285 |
Ownership & Stock
| Owner-Occupied | 73.9% |
| Renter-Occupied | 26.1% |
| Homeownership Rate | 73.9% |
| Total Housing Units | 93,761 |
| Median Year Built | 2002 |
| Rent Burden | 28.2% |
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