
Cheap Homes for Rent in Gilbert, IA from $600 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Gilbert.


210 N Main St

116 Shepard St

919 6th St

215 N Main St

5504 Kansas Dr
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

238 Village Dr

4008 Ontario St

2109 Barr Dr

426 Jeffrey Ln

1015 5th St

912 Grand Ave
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Gilbert, IA Local Guide

How much does it cost to rent a home in Gilbert?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Gilbert 2 Bedroom Homes for Rent | $1,003 | $750 | $1,300 |
| Gilbert 3 Bedroom Homes for Rent | $2,050 | $1,000 | $2,700 |
| Gilbert 4 Bedroom Homes for Rent | $1,888 | $1,600 | $2,395 |
| Gilbert 5 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
| Gilbert 6 Bedroom Homes for Rent | $2,700 | $2,700 | $2,700 |
Browse Top Homes for Rent in Gilbert
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Gilbert, IA Local Guide
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Cheapest Available Gilbert Apartments for Rent and Nearby
 The cheapest available apartment rental in Gilbert, IA is a 3 Beds unit found at Campustown in the Somerset neighborhood priced from $489. Melrose Park Apartments in the Eagle Ridge neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $785. Here is today’s list of the most affordable Gilbert apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Campustown | 200 Stanton Ave - 3 Bed - 1 Bath - C - UF | 3BR,1BA | $489 |
| Melrose Park Apartments | 1 Bed/1 Bath Apartment | 1BR,1BA | $785 |
| Somerset Apartments | Studio Apartment | Studio,1BA | $800 |
| Hyland Apartments | 1 Bedroom Apartment | 1BR,1BA | $820 |
| Wyndsor Terrace | 2 bed 1 bath | 2BR,1BA | $900 |
Best Value Apartments for Rent in Gilbert, IA and Nearby
As of June 19, 2026 the best value apartment in the Gilbert area is the $1.03 price per square foot 3515 Lincoln Way ( 4 bdrm ) Model at Walnut Ridge in the in the Eagle Ridge neighborhood starting from $2,000. The second greatest value Gilbert apartment is the 200 Stanton Ave - 3 Bed - 1 Bath - A - UF Model at Campustown starting at $584 with a $0.45 price per square foot in the Somerset neighborhood. Here is today’s list of the best values for Gilbert apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Walnut Ridge | 3515 Lincoln Way ( 4 bdrm ) | 4BR,3BA | $1.03 |
| Campustown | 200 Stanton Ave - 3 Bed - 1 Bath - A - UF | 3BR,1BA | $0.45 |
| Total Property Management 125 Campus Ave. | 125 Campus | 4BR,2BA | $1.30 |
| Campus Flats | 3 Bed - Rent by Room | 3BR,3BA | $0.62 |
| Alpine Manor Apartments | 3 Bedroom, 2 Bath Remodel | 3BR,2BA | $1.22 |
| Total Property Management 134 Campus | 134 Campu Ave ( 3 bdrm ) | 3BR,1.5BA | $1.44 |
| Hyland Apartments | 2 Bed/2 Bath Apartment | 2BR,2BA | $1.23 |
| Aspen Village | 2724 Stange (2 bdrm) | 2BR,2BA | $1.22 |
| Wyndsor Terrace | 2 bed 1 bath | 2BR,1BA | $1.10 |
| The Lofts | Two Bedroom | 2BR,1BA | $0.78 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Gilbert, IA
Gilbert Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Gilbert
What type of rentals are currently available in Gilbert?
There are currently 69 Apartments for Rent in Gilbert, IA with pricing that ranges from $489 to $2,300. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Gilbert ranging from $625 to $2,700.
What is the current price range for Rental Homes in Gilbert?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Gilbert ranges from $625 to $2,700 with an average monthly rent of $1,821.
How much are larger Three and Four Bedroom Rentals in Gilbert?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Gilbert range from $489 to $1,700, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $2,700. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $524.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.