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Gilbert, AZ Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$2,140
Monthly Cash Flow
-$879
Principal + Equity
$3,851
Annual Total Gain
$35,664
Cash on Cash
-7.4%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$246
Occupancy Rate
67.74%
Monthly Revenue
$3,437
Monthly Cash Flow
-$97
Principal + Equity
$3,851
Annual Total Gain
$45,037
Cash on Cash %
-0.82%
Net ROI %
Market Health & Growth
Median Income
$121,351
Population
271,118
LTR Renter %
26.12%
Forecast (1 yr)
0.57%
Appreciation (1 yr)
-2.95%
Appreciation (5 yr)
43.59%
Appreciation (10 yr)
100.19%
Job Growth
2.35%
LTR Rentability
High
STR Demand
74
STR Rentals
852
Top Public Schools
ABASIS Ahwatukee
ABASIS Mesa
A
A
A
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
A-
Overall
Top-level market grade
Best Suburbs to Live in Arizona
#2out of 57 markets
Best Places to Raise a Family in Arizona
#3out of 245 markets
Best Suburbs to Raise a Family in Arizona
#3out of 55 markets
A
Public School
B-
Crime And Safety
B-
Housing
B-
Nightlife
A-
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Gilbert, AZ.
In Gilbert, AZ, Short Term Rentals (STRs) are regulated by the town's zoning code and require a permit to operate legally. Here are some key regulations that an investor should be aware of before investing in purchasing a property for STR in Gilbert:
1. Zoning Restrictions: Gilbert has specific zoning regulations that dictate where STRs are allowed to operate. Investors should ensure that the property they are considering purchasing is located in a zone that permits short term rentals.
2. Permit Requirement: In Gilbert, property owners must obtain a permit from the town in order to operate a short term rental. The permit application process typically involves submitting an application, paying a fee, and meeting certain requirements set by the town.
3. Occupancy Limits: Gilbert has occupancy limits for STRs, which specify the maximum number of guests that can stay in a property at any given time. Investors should be aware of these limits and ensure that their property complies with them.
4. Noise and Nuisance Regulations: Gilbert has regulations in place to address noise and nuisance issues that may arise from short term rentals. Investors should familiarize themselves with these regulations and take steps to ensure that their property does not cause disruptions to the surrounding community.
5. Taxation: Gilbert requires STR operators to collect and remit transient lodging taxes on a regular basis. Investors should be aware of their tax obligations and ensure that they are in compliance with the town's tax regulations.
6. Homeowner's Association (HOA) Rules: If the property is located in a community with a homeowners association, investors should review the HOA's rules and regulations regarding short term rentals. Some HOAs may have restrictions or prohibitions on STRs.
Overall, investors considering purchasing a property for short term rental in Gilbert, AZ should thoroughly research and understand the town's regulations and requirements for operating an STR. Failure to comply with these regulations could result in fines, penalties, or even the revocation of the permit to operate the rental.
Market Trends Over Time
Explore 25 years of market data for Gilbert, AZ, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Gilbert, AZ.
The LTR Genie Score of Gilbert, AZ is 65 and STR Genie Score is 79, indicating a high level of potential for both long-term and short-term rental investments in the area. The LTR Rentability is high, suggesting that properties in Gilbert are in demand for long-term rentals. The STR Genie Score is even higher, indicating a strong potential for short-term rental or Airbnb investments. The 1-Year Price Appreciation Forecast is positive, further supporting the attractiveness of the market for real estate investors.
Gilbert, AZ is a rapidly growing suburb of Phoenix known for its strong economy, excellent schools, and family-friendly community. With a growing population and a strong job market, Gilbert offers a stable and attractive real estate market for investors.
Based on the metrics provided, Gilbert, AZ appears to be a highly attractive market for both long-term and short-term rental investments. The high LTR and STR Genie Scores, along with positive rent growth rates and ROI figures, suggest that investors could potentially see strong returns in both rental strategies. It is recommended for real estate investors to consider Gilbert, AZ for both long-term and short-term rental investments.
LTR Genie Score 80
$810,000
🛏 6 Beds🛁 5.0000 Baths🏙 4,115 sqft.🏠 SINGLE FAMILY
