The median home in Gilbert, Arizona is valued at $563,939, down 2.1% year over year. Typical monthly rent is $2,052, producing a price-to-rent ratio of 22.9x — well above the national average of 18x. Gilbert is part of the Phoenix-Mesa-Chandler, AZ metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Phoenix-Mesa-Chandler, AZ stress score, crash risk, and 12-month forecast →

Home Value$563,939

-2.1%

Rent$2,052/mo

AFFORDABILITY

Enter your income for Gilbert.

Income (annual)

Down Payment

$112,788 on $563,939

Out of reach — 52.7% of income

Need $141,129/yr to afford.

PITI$3,293

P/I52.7%

Afford$300K

Gap-$264K

P&I $2,852Tax $291Ins $150

Renting $1,241/mo cheaper ($2,052 rent)6.50% 30yr, 20% down, county tax + AZ ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Arizona

Compare Gilbert with other housing markets across Arizona.

Paradise Valley$3380K Carefree$1271K Cave Creek$1031K Fort McDowell$1020K Sedona$889K Scottsdale$838K Rio Verde$833K New River$750K

Full Phoenix-Mesa-Chandler, AZ analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Phoenix-Mesa-Chandler, AZ metro.

View Phoenix-Mesa-Chandler, AZ metro →

GILBERT, AZ