ZIP Code · AZ

ZIP 85297

Part of Gilbert, AZ
Pop. 37,475·Maricopa County·29th most expensive ZIP in Arizona
Median rent (all units)
$2,197/mo
Year-over-Year
+1.0%
Month-over-Month
+4.0%
vs US Median
+$232
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 85297 · $2,197
More expensive than 69% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,960
1 BR
$2,140
2 BR
$2,480
3 BR
$3,310
4 BR+
$3,690
Research median
$2,480/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
$26,364/yr
At $2,197/mo median
Location
StateAZ
CountyMaricopa County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 1.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+1.0% YoY, +4.0% MoM), not inventory.
Demographics

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.

Population
37,475
Median income
$130,755
Median age
34.8
Renters
25.2%
Age distribution
32.1%
18.3%
31.3%
Under 1832.1%
18–3418.3%
35–5431.3%
55–648.9%
65+9.3%
Gender
50.4%
49.6%
Male50.4%
Female49.6%
Race & ethnicity
68.5%
16.3%
White68.5%
Black2.6%
Hispanic16.3%
Asian7.8%
Other4.8%
Education (25+)
17.3%
34.5%
46.6%
No HS diploma1.6%
HS diploma17.3%
Some college34.5%
Bachelor's+46.6%
Housing tenure
74.8%
25.2%
Owner74.8%
Renter25.2%

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

2021 vs 2026

How ZIP 85297 in Gilbert, AZ has changed in 5 years

Rent
$1,817 → $2,197
up 20.9%
Income
$115,000 → $130,755
up 13.7%
Population
34,349 → 37,475
up 9.1%
Renter share
21.6% → 25.2%
+3.6 pts
Bachelor's+
45.7% → 46.6%
+0.9 pts
Median age
33 → 34.8
+1.8 yrs

Across the past five years, the going rent in ZIP 85297 in Gilbert, AZ has shifted from $1,817 to $2,197, up 20.9% 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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Local insights

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About renting in ZIP 85297

Last updated: July 20, 2026

ZIP code 85297 covers Gilbert, AZ. The median rent here is $2,197/mo as of July 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 1.0% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 85297?

As of July 20, 2026, the median monthly rent in ZIP 85297 (Gilbert, AZ) is $2,197. This is based on aggregated data from public sources and community submissions.

How does ZIP 85297 rent compare to the US average?

ZIP 85297's median rent of $2,197/mo is $232 (12%) above the US national median of $1,965/mo.

How does ZIP 85297 compare to other ZIPs in Arizona?

ZIP 85297 is one of the pricier ZIP codes in Arizona, ranking #29 out of 185 ZIPs tracked at $2,197/mo.

How much income do you need to rent in ZIP 85297?

To keep rent at or below 30% of gross income, you would need to earn at least $88,000/year (~$42/hour full-time) to afford the median rent of $2,197/mo in ZIP 85297. The local median household income is $130,755/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 85297?

Rent in ZIP 85297 has increased 1.0% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 85297 an affordable place to rent?

ZIP 85297 is considered very affordable for renters. At $2,197/mo, rent takes approximately 20% of the local median household income ($130,755/yr). The standard benchmark is 30%. ZIP 85297 falls comfortably within that range.

What percentage of ZIP 85297 residents rent vs. own?

According to Census data, approximately 25.2% of ZIP 85297 households are renters, while 74.8% are owner-occupied. ZIP 85297 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 85297 compare to the rest of Gilbert?

ZIP 85297 is pricier than Gilbert as a whole. At $2,197/mo, it's $178 above the Gilbert citywide median of $2,019/mo.

When was rent data for ZIP 85297 last updated?

Rent data for ZIP 85297 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
20%
VERY AFFORDABLE

At $2,197/mo, rent takes ~20% of ZIP 85297's median household income ($130,755/yr). The standard benchmark is 30%.

ZIP 85297 20%Benchmark 30%
State income tax2.5%
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Schools nearby

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