Living here
Cost of living in Gilbert
Housing is much more expensive than the US average. Rents, home prices, taxes and how far a paycheck goes.
Median rent
$2,028/mo
50% above US
Median home value
$518,600
71% above US
Median household income
$121,351
55% above US
Rent as share of income
20%
US 21%
Home price to income
4.3×
US 3.9×
Sales tax
8.3%
Rent by number of bedrooms
HUD 2027 fair market rents for Phoenix-Mesa-Chandler, AZ MSA (gross rent including utilities, near the 40th percentile of local rents). Source: HUD USER.
How Gilbert compares
Taxes
Compare with nearby cities
Life in Gilbert
Questions
Is Gilbert expensive to live in?
Housing in Gilbert is much more expensive than the national average: median rent is $2,028 (50% above US) and the median home value is $518,600 (71% above US).
How much is rent in Gilbert?
The median gross rent is $2,028 a month. HUD’s 2027 fair market rents for the area are studio $1,390, 1 bedroom $1,493, 2 bedrooms $1,734, 3 bedrooms $2,287, 4 bedrooms $2,537.
How much of their income do renters spend in Gilbert?
At the median, a year’s rent ($24,336) equals about 20% of the median household income ($121,351); nationally it’s about 21%.
What are taxes like in Gilbert?
Sales tax is 8.3% and property taxes run about 0.46% of home value a year.
Sources: U.S. Census Bureau, American Community Survey 2019–2023 5-year estimates; HUD fair market rents; Arizona DOR, State, County and City Transaction Privilege Tax Rate Tables, effective November 1, 2026 (Retail, business code 017).