ZIP 85234

Gilbert, AZ

Data based on listings and public records observed by Rufus. May not represent the entire market.

ZIP 85234 covers 9 tracked apartment buildings totaling 1,602 units in Gilbert, AZ, with an average asking rent of $1,564 — close to the national median for this ZIP code. Asking rents span $1,160 to $2,246 across the available inventory. Occupancy of 95.3% is in line with a healthy stabilized market.

The for-sale market in this ZIP code shows a median asking price of $559,900 ($318 per square foot). For-sale listings sit on the market for an average of 64 days. As of the most recent snapshot Rufus is tracking 118 active listings. HMDA mortgage data for the county covering Gilbert shows an average loan amount of $470,357 at an average interest rate of 6.54%. 216,472 loans were originated in the most recent reporting year, a denial rate close to the national average.

Rufus refreshes this ZIP code snapshot from live scraping of listing sources and public deed and mortgage records; figures are observed rather than reported by owners and may differ from marketing brochures.

Last updated 2026-07-27 · Tracked since 2025-09-05
Avg Rent
$1,564
$1,160 – $2,246
Buildings
9
Total Units
1,602
Est. Occupancy
95.3%
75 vacant (observed)

Building Vintage

1980-1999
5
2000-2014
2
2015+
2

Largest Buildings

PropertyUnitsBuiltAvg Rent
Villas on AshN/A2023$1,525
Avana Gilbert3411988$1,438
Serena Shores Apartments2401999$1,670
Highland Groves at Morrison Ranch Apartments2282014$1,773
Espiral2251986$1,555
Sonoma Landing2202001$1,677
Gilbert Greens1641985$1,340
Craft at Gilbert and Baseline1042018$1,738
Vantage Point801984$1,305
Last updated: 2026-07-17
Median Asking Price
$559,900
Median Size
2,075 sqft
Price per Sqft
$318
Avg Days on Market
64 days
Active Listings
118

Home Type Breakdown

Single Family84.7%(100)
Townhome14.4%(17)
Condo0.8%(1)
Source: HMDA / CFPB

Mortgage data is reported at the county level and may cover a broader area than the ZIP, city, or metro shown.

Avg Loan Amount
$470,357
Avg Property Value
$623,043
Avg Applicant Income
$179,861
Denial Rate
10.5%
Avg Interest Rate
6.54%
Originations
216,472

Loan Type Breakdown

Conventional70.7%
FHA21.3%
VA8%