Gilbert Rental & Real Estate Market Update – May 2025

Once a quiet suburb, Gilbert has become one of the East Valley’s most desirable cities for families and professionals alike. But in 2025, investors face a different kind of market—where tenant retention, cost control, and property management efficiency are more important than ever.

🏘️ Gilbert Housing Market Highlights

  • Inventory Up, Demand Stable: Listings are rising across Maricopa County, including Gilbert. While buyer interest remains strong, especially in family-oriented neighborhoods, homes are sitting longer.
  • Prices Leveling Off: Gilbert’s price per square foot has declined slightly from last year, reflecting a broader market cooldown—but it remains one of the most expensive suburbs in the Valley.
  • Limited Buildable Land: New construction is slowing due to land constraints and permitting challenges, especially for single-family homes.

📈 Rental Market Performance

  • Rent Growth Slowing: Rents are up ~2% year-over-year. Gilbert continues to command premium pricing compared to Mesa or Queen Creek, but upward pressure has cooled.
  • Tenant Expectations Rising: With more listings and flat rents, renters are being pickier—favoring well-maintained homes with modern amenities and responsive management.
  • Evictions Trending Higher: A 44% YoY spike in evictions across the region signals growing financial stress among tenants, even in higher-end suburbs like Gilbert.

🛠️ Gilbert Investor Strategy

  • Biggest Challenge: Maintenance + Vacancy
    Gilbert’s older neighborhoods are experiencing more maintenance needs, while newer builds face higher holding costs due to increased taxes and insurance.
  • The PM Advantage:
    • Over 50% of SFR investors now use a property manager.
    • PMs are essential in Gilbert to navigate HOA rules, licensing laws, and tenant screening.
    • Investors using PMs report fewer legal issues, shorter vacancies, and better tenant retention.
  • Smart Moves in 2025:
    • Lock in lease renewals early and avoid summer churn.
    • Focus upgrades on energy efficiency, smart home tech, and curb appeal.
    • Prioritize preventative maintenance to avoid costly turns and long vacancies.