ZIP 85298
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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 85298 usually run 1.6% below trend in January and 0.9% above it in July, about $66 a month apart at today's median. Based on 11 years of data.
Rent in ZIP 85298 is 1.6% below its high of $2,683 in February 2026, at $2,640 as of September 2026.
Rent in ZIP 85298 changed +1.0% 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 85298 rose 45.1% while median household income rose 38.9% ($112,656 to $156,425). Rent outpaced income.
Rent in ZIP 85298 is 40.9% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent rose in 7 of the last 12 months.
30% of the median household income ($156,425) is $3,911 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($3,680); a 4-bedroom is $4,080.
6th cheapest of 6 ZIP codes in Gilbert.
ZIP 85297, 3 miles away, rents for 17% less ($2,192/mo), about $5,400 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 85298. 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 85298 (Gilbert, AZ) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 53.5% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 85298 in Gilbert, AZ has changed in 5 years
Five years ago, renters in ZIP 85298 in Gilbert, AZ paid around $2,207 a month. That figure now sits near $2,640, up 19.6% from the 2021 baseline. Local incomes tracked alongside that move, going from a median of $129,277 in 2021 to $156,425 more recently. Census counts show ZIP 85298 in Gilbert, AZ adding about 3,220 residents over the five-year window, up 7.9% on net. Bachelor's-degree-or-higher attainment moved from 49.5% to 53.5% across the same window. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 85298 in Gilbert, AZ market of 2021.
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Tips for renters in ZIP 85298
Last updated: October 17, 2026
ZIP code 85298 covers Gilbert, AZ. The median rent here is $2,640/mo as of October 2026. A 1-bedroom rents for a median of $2,380/mo. A 2-bedroom rents for a median of $2,760/mo.
At 20% of local median household income ($156,425/yr), ZIP 85298 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.0% over the past year.
Frequently asked questions
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How does ZIP 85298 compare to the rest of Gilbert?
At $2,640/mo, rent takes ~20% of ZIP 85298's median household income ($156,425/yr). The standard benchmark is 30%.
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