ZIP 85296
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Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).
12-month history
Last updated: October 17, 2026
What the numbers show
January. Asking rents in ZIP 85296 usually run 1.1% below trend in January and 0.9% above it in August, about $44 a month apart at today's median. Based on 11 years of data.
Rent in ZIP 85296 is at its highest level since Zillow's records here began in January 2015.
Rent in ZIP 85296 changed +1.7% over the year to September 2026. Across the 171 Arizona ZIP codes Zillow tracks, the typical change was +1.6%.
From 2019 to 2024, rent in ZIP 85296 rose 43% while median household income rose 23.2% ($96,539 to $118,982). Rent outpaced income.
Rent in ZIP 85296 is 37.7% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 3 months in a row, and rose in 7 of the last 12 months.
30% of the median household income ($118,982) is $2,975 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,470); a 3-bedroom is $3,290.
4th cheapest of 6 ZIP codes in Gilbert.
ZIP 85295, 2 miles away, rents for 13% less ($1,903/mo), about $3,300 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 85296. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
Who lives here
ZIP 85296 (Gilbert, AZ) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 49.3% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 85296 in Gilbert, AZ has changed in 5 years
Five years ago, renters in ZIP 85296 in Gilbert, AZ paid around $1,831 a month. That figure now sits near $2,176, up 18.8% from the 2021 baseline. Median household income climbed from $102,398 to $118,982 between 2021 and 2024, a 16.2% shift. Census counts show ZIP 85296 in Gilbert, AZ adding about 3,824 residents over the five-year window, up 7.8% on net. The renter share has risen from 26.1% to 31.1%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 45.3% to 49.3% across the same window. Taken together, the five-year picture in ZIP 85296 in Gilbert, AZ reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.
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Tips for renters in ZIP 85296
Last updated: October 17, 2026
ZIP code 85296 covers Gilbert, AZ. The median rent here is $2,176/mo as of October 2026. A 1-bedroom rents for a median of $2,130/mo. A 2-bedroom rents for a median of $2,470/mo.
At 22% of local median household income ($118,982/yr), ZIP 85296 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.7% over the past year.
Frequently asked questions
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How does ZIP 85296 compare to the rest of Gilbert?
At $2,176/mo, rent takes ~22% of ZIP 85296's median household income ($118,982/yr). The standard benchmark is 30%.
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