ZIP 85297
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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 85297 usually run 0.9% below trend in January and 0.9% above it in August, about $39 a month apart at today's median. Based on 11 years of data.
Rent in ZIP 85297 is 0.7% below its high of $2,208 in August 2024, at $2,192 as of September 2026.
Rent in ZIP 85297 changed +0.6% 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 85297 rose 44.8% while median household income rose 24.5% ($105,064 to $130,755). Rent outpaced income.
Rent in ZIP 85297 is 37.8% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent rose in 6 of the last 12 months.
30% of the median household income ($130,755) is $3,269 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,480); a 3-bedroom is $3,310.
5th cheapest of 6 ZIP codes in Gilbert.
ZIP 85295, 2 miles away, rents for 13% less ($1,903/mo), about $3,500 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 85297. 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 85297 (Gilbert, AZ) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 46.6% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 85297 in Gilbert, AZ has changed in 5 years
Across the past five years, the going rent in ZIP 85297 in Gilbert, AZ has shifted from $1,877 to $2,192, up 16.8% since 2021. Household income in the area moved from $115,000 to $130,755 across the same window, up 13.7% versus 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 85297 in Gilbert, AZ adding about 3,126 residents over the five-year window, up 9.1% on net. The renter share has risen from 21.6% to 25.2%, with owner-occupied housing accounting for the remainder. Reading these numbers side by side helps frame whether current listings in ZIP 85297 in Gilbert, AZ look reasonable against where the market sat half a decade ago.
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Tips for renters in ZIP 85297
Last updated: October 17, 2026
ZIP code 85297 covers Gilbert, AZ. The median rent here is $2,192/mo as of October 2026. A 1-bedroom rents for a median of $2,140/mo. A 2-bedroom rents for a median of $2,480/mo.
At 20% of local median household income ($130,755/yr), ZIP 85297 ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.6% over the past year.
Frequently asked questions
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How does ZIP 85297 compare to other ZIPs in Arizona?
How does ZIP 85297 compare to the rest of Gilbert?
At $2,192/mo, rent takes ~20% of ZIP 85297's median household income ($130,755/yr). The standard benchmark is 30%.
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