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ZIP Code · AZ

ZIP 85233

Part of Gilbert, AZ
Pop. 39,077·Maricopa County·38th most expensive ZIP in Arizona
Median rent (all units)
$2,131/mo
Year-over-Year
+12.1%
Month-over-Month
Stable
vs US Median
+$166
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 85233 · $2,131
More expensive than 67% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,770
1 BR
$1,920
2 BR
$2,230
3 BR
$2,970
4 BR+
$3,300
Research median
$2,230/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$25,572/yr
At $2,131/mo median
Location
StateAZ
CountyMaricopa County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 12.1% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+12.1% YoY, +0.0% MoM), not inventory.
Demographics

Who lives here

ZIP 85233 (Gilbert, AZ) is majority owner-occupied, has a median income above the national average, 43.4% of residents hold a bachelor's degree or higher.

Population
39,077
Median income
$111,160
Median age
38.9
Renters
27%
Age distribution
22.7%
20.3%
28.2%
12.7%
16.1%
Under 1822.7%
18–3420.3%
35–5428.2%
55–6412.7%
65+16.1%
Gender
48.8%
51.2%
Male48.8%
Female51.2%
Race & ethnicity
64.8%
19.7%
White64.8%
Black4.6%
Hispanic19.7%
Asian10.2%
Other0.6%
Education (25+)
16.5%
34.8%
43.4%
No HS diploma5.3%
HS diploma16.5%
Some college34.8%
Bachelor's+43.4%
Housing tenure
73%
27%
Owner73%
Renter27%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 85233 in Gilbert, AZ has changed in 5 years

Rent
$1,602 → $2,131
up 33.0%
Income
$92,194 → $111,160
up 20.6%
Population
37,651 → 39,077
up 3.8%
Renter share
30.2% → 27%
-3.2 pts
Bachelor's+
42.4% → 43.4%
+1.0 pts
Median age
37.4 → 38.9
+1.5 yrs

The median rent in ZIP 85233 in Gilbert, AZ stood at $1,602 in 2021 and currently runs about $2,131, reflecting a 33.0% increase over the period. Household income in the area moved from $92,194 to $111,160 across the same window, up 20.6% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 3.8% since 2021, moving from about 37,651 residents to roughly 39,077. Renters now make up 27% of households, compared with 30.2% five years ago. Reading these numbers side by side helps frame whether current listings in ZIP 85233 in Gilbert, AZ look reasonable against where the market sat half a decade ago.

Community

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Local insights

Tips for renters in ZIP 85233

About renting in ZIP 85233

Last updated: July 20, 2026

ZIP code 85233 covers Gilbert, AZ. The median rent here is $2,131/mo as of July 2026. A 1-bedroom rents for a median of $1,920/mo. A 2-bedroom rents for a median of $2,230/mo.

At 23% of local median household income ($111,160/yr), ZIP 85233 ranks as affordable compared to the national benchmark of 30%. Rents have increased 12.1% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 85233?

As of July 20, 2026, the median monthly rent in ZIP 85233 (Gilbert, AZ) is $2,131. This is based on aggregated data from public sources and community submissions.

How does ZIP 85233 rent compare to the US average?

ZIP 85233's median rent of $2,131/mo is $166 (8%) above the US national median of $1,965/mo.

How does ZIP 85233 compare to other ZIPs in Arizona?

ZIP 85233 is one of the pricier ZIP codes in Arizona, ranking #38 out of 185 ZIPs tracked at $2,131/mo.

How much income do you need to rent in ZIP 85233?

To keep rent at or below 30% of gross income, you would need to earn at least $85,000/year (~$41/hour full-time) to afford the median rent of $2,131/mo in ZIP 85233. The local median household income is $111,160/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 85233?

Rent in ZIP 85233 has increased 12.1% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 85233 an affordable place to rent?

ZIP 85233 is considered very affordable for renters. At $2,131/mo, rent takes approximately 23% of the local median household income ($111,160/yr). The standard benchmark is 30%. ZIP 85233 falls comfortably within that range.

What percentage of ZIP 85233 residents rent vs. own?

According to Census data, approximately 27% of ZIP 85233 households are renters, while 73% are owner-occupied. ZIP 85233 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 85233 compare to the rest of Gilbert?

ZIP 85233 is pricier than Gilbert as a whole. At $2,131/mo, it's $112 above the Gilbert citywide median of $2,019/mo.

When was rent data for ZIP 85233 last updated?

Rent data for ZIP 85233 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
23%
VERY AFFORDABLE

At $2,131/mo, rent takes ~23% of ZIP 85233's median household income ($111,160/yr). The standard benchmark is 30%.

ZIP 85233 23%Benchmark 30%
State income tax2.5%
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Schools nearby

Public schools near ZIP 85233 (Gilbert, AZ)

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