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Gilbert, IA Home Values and Rents

The typical home value in Gilbert is $337,759, 39th highest of 281 cities and towns in Iowa. Median rent is $865 a month.

Typical home value
$337,759
39th of 281 in IA
Median rent
$865/mo
ACS 2020-2024
Price change, 1 year
+3.8%
Sep 2026
Homeownership
86.8%
IA: 71.7%

Typical home value in Gilbert

Zillow Home Value Index, all homes, middle tier

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PeriodGilbert
Sep 2026$337,759
Dec 2025$328,245
Dec 2024$316,508
Dec 2023$308,669
Dec 2022$283,281
Dec 2021$263,960
Dec 2020$240,591
Dec 2019$223,823
Dec 2018$212,054
Dec 2017$211,757
Dec 2016$204,761
Dec 2015$194,880
Dec 2014$181,571
Dec 2013$174,612
Dec 2012$165,183

Over five years, Gilbert prices changed +31.1%.

Source: Zillow Research · Last updated 09/01/2026

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Home values by ZIP code

Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index

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#ZIP codeMedian valueMedian rent1-year5-year
150105$275,400$865+1.4%+35.7%

Fair Market Rents, FY2027

HUD rent standard for Ames, IA HUD Metro FMR Area

IA rents
Unit sizeMonthly rentvs FY2026
Studio$891-8.3%
1 bedroom$944-8.0%
2 bedrooms$1,061-8.0%
3 bedrooms$1,469-8.2%
4 bedrooms$1,768-8.6%

Frequently asked questions

What is the typical home value in Gilbert, IA?
The typical home value in Gilbert is $337,759 (Zillow Home Value Index, Sep 2026). The Iowa median is $208,000.
How much is rent in Gilbert?
The median rent in Gilbert is $865 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,061.
Are home prices going up in Gilbert?
The typical home value in Gilbert changed +3.8% over one year and +31.1% over five years, as of Sep 2026.
How does Gilbert compare with the rest of Iowa?
Gilbert has the 39th highest median home value of 281 cities and towns with 1,000+ residents in Iowa.
Which ZIP code in Gilbert has the highest home values?
ZIP code 50105 has the highest median home value at $275,400.