Rent to Own Homes in Gilbert, AZ
What was once a rural farming community in Arizona is now Gilbert, a city with about 200,000 residents and a reputation for being extremely family-friendly. Though it still houses some historic properties and family-owned farms at the edge of town, this Phoenix suburb grew very fast in the last two decades and now has several brand new shopping centers and many condos and rent to own houses. One of the newest and most popular plazas in this city is San Tan Village, an outdoor mall with hundreds of places to shop, eat, and see movies.
Gilbert, AZ is a great place for affordable rent-to-own homes! With a median household income of over $99,154 and a median rent of $1,580, the Gilbert, AZ rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Gilbert, AZ. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
Showing 1 - 44 of 300
More Gilbert, AZ Property Resources
Rent to Own Homes in Cities Near Gilbert, AZ
- Apache Junction
- Blackwater
- Casa Blanca
- Chandler
- Fort Mcdowell
- Fountain Hills
- Gila Crossing
- Gilbert
- Glendale
- Gold Canyon
- Goodyear Village
- Guadalupe
- Komatke
- Laveen
- Lower Santan Village
- Maricopa
- Mesa
- Paradise Valley
- Phoenix
- Queen Creek
- Sacate Village
- Sacaton
- Sacaton Flats Village
- Santa Cruz
- San Tan Valley
- Scottsdale
- Stotonic Village
- Sun Lakes
- Sweet Water Village
- Tempe
- Upper Santan Village
- Wet Camp Village
Neighborhoods in Gilbert, AZ
Agritopia rent to own homes Allen Ranch rent to own homes Ashland Ranch rent to own homes Ashley Heights rent to own homes Bridges At Gilbert rent to own homes Brooks Farms rent to own homes Carol Rae Ranch rent to own homes Carriage Parc Estates rent to own homes Chaparral Estates rent to own homes Chaparral Estates West rent to own homesBuying a Home in Gilbert, AZ
Gilbert, AZ is seeing rapid growth and Gilbert, AZ's' housing market remains not optimal with an average home price that is 60% above the 2022 national average. Gilbert, AZ is part of Maricopa county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2022 for county Maricopa is 0.59% which is below the national average, which is 0.99%.
Median Home Price in Gilbert, AZ
Median Rent in Gilbert, AZ
Top Reasons to Live in Gilbert AZ
Housing Statistics The median cost of a home in Gilbert is about $188,000. This is considered rather affordable, which is why many families have bought here instead of renting. In fact, about 70% of the homes in Gilbert are owner occupied, while about 23% are rental homes, though you can find rent to own homes here, as well. The vacancy rate is about 7%, and the annual residential turnover rate is approximately 26%, with the average resident staying in the home for a little over two years. One detail you might notice as you browse your Gilbert real estate options is that the average property is only about 12 years old, which is much newer than the national average of 35. Indeed, many of the master-planned communities here only started appearing in the early 2000s.
Outdoors Activities Most of the things to do outside in Gilbert are geared toward families, so you can expect to see activities for all ages. Freestone Park is a large park that features ball fields, athletic courts, playgrounds, batting cages, and a spacious area for skateboarders. Just as you'll find in most Arizona cities, Gilbert has a few public swimming pools, some of which have splash pads, waterslides, and other fun features that children enjoy. For the older kids and adults, golf is a popular outdoor activity, and there are lots of public and private courses. Seville Golf and Country Club is a major attraction for golfers, and the private club even has a water park with slides and several pools. There are at least five other golf courses in Gilbert. In addition, this city is the home of the Riparian Preserve at Water Ranch, which is perfect for bird watching, camping, hiking, fishing, and more activities that involve appreciating nature.
Local Restaurants Gilbert has a mixture of older, locally-owned restaurants and chain eateries. A long-time favorite is Joe's Farm Grill, which is located in a historic former home on a farm. The owners focus on serving fresh, healthy ingredients in a quaint, open air atmosphere. The same owners also operate Joe's Real BBQ, which is another hit among locals and visitors alike. If you prefer to check out restaurants you're familiar with, head toward San Tan Village to eat at Kona Grill, Blue Wasabi, Gordon Biersch Brewery, The Keg, and more.
Neighborhood Guide Gilbert still has some older custom homes with lots of land, mostly leftover from its early days as a farming community. But the majority of neighborhoods are master-planned communities with their own schools, parks, and homes that were built within the last decade or so. Here are some of the largest and most well-known areas of Gilbert.
Gilbert, AZ Frequently Asked Questions
Gilbert, AZ has a walk score of
Gilbert, AZ has a bike score of
The state tax rate is 2.59 to 4.5% on top of the federal tax rate of 10 to 37%.