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Airbnb City Guide: The Best Places To Invest in Gilbert, Arizona

Gilbert Arizona Temple, South Greenfield Road, Gilbert, AZ, USA

Airbnb Rules and Regulations in Gilbert, Arizona

As of 2024, Gilbert, Arizona, has updated its Airbnb and short-term rental regulations to address the growing market while ensuring community well-being. Hosts are required to register their properties with the town, providing contact information to facilitate communication in case of complaints or emergencies. Gilbert mandates that all short-term rental listings across all booking platforms include the town-issued registration number, ensuring transparency and accountability. Noise ordinances are strictly enforced, with quiet hours set from 10 PM to 7 AM to maintain neighborhood tranquility.

Additionally, the town stipulates that short-term rentals cannot be used for non-residential purposes, such as events or commercial activities, to preserve residential integrity. Parking regulations require that all guest vehicles be accommodated on the property to avoid street congestion. Compliance with these rules is critical, as violations can lead to fines and potential revocation of the registration. Gilbert's approach aims to balance the benefits of short-term rentals with the need to protect the quality of life for all residents.

Gilbert Airbnb Market Data:

  • Average Revenue – $57.6K per year
  • Average Daily Rate – $263.3 per night
  • Average Occupancy Rate – 60%
  • Average RevPAR – $158.5
  • Average Home Prices – $580,531

1. Top Place to Invest in Gilbert, Arizona - Breckenridge Manor

Breckenridge Manor in Gilbert, Arizona, is a charming, family-friendly neighborhood known for its peaceful atmosphere and beautiful tree-lined streets. This community is ideal for Airbnb and short-term rental investors looking for a serene yet connected environment.

Breckenridge Manor Airbnb Market Data:

  • Average Revenue – $62.2K per year
  • Average Daily Rate – $270.7 per night
  • Average Occupancy Rate – 63%
  • Average RevPAR – $168.8

Convenience: 9/10

Breckenridge Manor excels in convenience. The neighborhood is well-equipped with essential amenities such as shopping centers, restaurants, and schools, all within easy reach. Its proximity to major highways enhances connectivity, making it easy for residents and visitors to navigate to and from the area.

Tourist Attractions: 6/10

While Breckenridge Manor itself may not be a tourist hotspot, its location in Gilbert places it near several attractions. The nearby Riparian Preserve at Water Ranch and the historical Gilbert Heritage District offer unique experiences for visitors, from outdoor activities to cultural exploration.

Things to Do: 7/10

The neighborhood provides a variety of activities that cater to both residents and tourists. Local parks and community centers offer recreational opportunities, while annual events foster a sense of community. The close proximity to downtown Gilbert also allows easy access to more diverse dining and entertainment options.

Average Home Prices: 8/10

In 2024, the average home price in Breckenridge Manor is around $643,000, reflecting a steady appreciation from the previous year's median of $595,995. This steady growth in property values indicates a robust real estate market, making it an attractive area for investment.

Proximity to Work-Related Travel: 8/10

Breckenridge Manor is strategically located near key employment hubs in Gilbert and the greater Phoenix area, including several business parks and medical facilities. Its accessibility to Phoenix through major highways makes it a convenient location for business travelers.

X-Factor: 9/10

What sets Breckenridge Manor apart is its blend of suburban tranquility and accessibility. The neighborhood's reputation as a peaceful, tree-lined community attracts families and professionals alike, creating a stable rental market. Its ongoing development and community-focused events add to its charm and desirability.

2. Top Place to Invest in Gilbert, Arizona - Greenfield Park

Greenfield Park in Gilbert, Arizona, is a vibrant community known for its lush landscapes and family-friendly atmosphere. This neighborhood is increasingly popular among those looking for a blend of suburban comfort and accessible urban amenities.

Greenfield Park Airbnb Market Data:

  • Average Revenue – $59.2K per year
  • Average Daily Rate – $270.5 per night
  • Average Occupancy Rate – 60%
  • Average RevPAR – $162.6

Convenience: 8/10

Greenfield Park scores highly on convenience due to its well-rounded amenities and strategic location. The area is equipped with numerous shopping centers, schools, and healthcare facilities, all within easy reach. Its proximity to major roads enhances connectivity, facilitating quick travel to central Gilbert and surrounding areas.

Tourist Attractions: 5/10

While Greenfield Park itself is not a major tourist destination, its location offers access to several regional attractions. The nearby Riparian Preserve at Water Ranch attracts nature lovers, and the Gilbert Historical Museum provides cultural insights. However, the area lacks high-profile tourist draws that might attract a broader audience.

Things to Do: 7/10

The neighborhood offers a variety of recreational activities. Greenfield Park itself features walking trails, sports facilities, and picnic areas, making it a hub for community life. Seasonal events and local farmers' markets add to the area's charm and provide entertainment and shopping options.

Average Home Prices: 7/10

In 2024, the average home price in Greenfield Park is approximately $510,000, according to Zillow. This price reflects a 3% appreciation rate from the previous year, indicating a healthy but moderate growth in the area's real estate market. This steady growth suggests a stable investment environment.

Proximity to Work-Related Travel: 7/10

Greenfield Park is reasonably well-placed for work-related travel, with good access to major highways leading to business hubs in Phoenix and Mesa. While it offers decent connectivity, it does not have direct access to major business parks or convention centers, which slightly limits its appeal to business travelers.

X-Factor: 8/10

Greenfield Park's unique appeal lies in its community-focused lifestyle and scenic environment. The neighborhood is known for its active community association and well-maintained public spaces, which foster a strong sense of belonging. Its ongoing development and commitment to maintaining a high quality of life make it a desirable location for families and long-term residents.

3. Top Place to Invest in Gilbert, Arizona - Seville

Seville is a luxurious enclave in Gilbert, Arizona, known for its upscale homes and resort-style living. This premier neighborhood is an excellent choice for investors looking to tap into the high-end rental market.

Seville Airbnb Market Data:

  • Average Revenue – $22.6K per year
  • Average Daily Rate – $199.7 per night
  • Average Occupancy Rate – 55%
  • Average RevPAR – $112.7

Convenience: 8/10

Seville offers residents and visitors convenience with its array of local amenities. The neighborhood features its own shopping centers, dining options, and is just a short drive from downtown Gilbert. While it provides most day-to-day necessities, some may find it lacks the convenience of more centrally located areas.

Tourist Attractions: 6/10

Seville itself is not a traditional tourist destination, but its golf courses and country club are local attractions. Nearby, the San Tan Mountain Regional Park provides outdoor activities for nature enthusiasts. The area's quiet charm is its main draw rather than conventional tourist sites.

Things to Do: 9/10

The neighborhood is bustling with activities centered around the Seville Golf & Country Club, which offers golfing, tennis, swimming, and fitness facilities. Local parks and community events contribute to a vibrant social scene, making it attractive for those seeking an active lifestyle and great for investors aspiring to run a fitness-focused rental.

Average Home Prices: 7/10

The average home price in Seville is around $675,000 as of 2024, with a modest appreciation rate of 3% from the previous year. This reflects the area's status as a sought-after location, though the higher entry price point may be a barrier for some investors.

Proximity to Work-Related Travel: 7/10

Seville's location on the outskirts of Gilbert means it's somewhat removed from major business centers. However, it remains within a reasonable commuting distance of the Phoenix metropolitan area and its amenities, including the Phoenix-Mesa Gateway Airport, which is beneficial for work-related travel.

X-Factor: 10/10

Seville's x-factor is its exclusive lifestyle. The community is designed with luxury in mind, from the meticulously maintained golf course to the private country club and community events. This exclusivity makes it a highly desirable area for those looking for a premium living experience, perfect for Airbnb luxe investors.

4. Top Place to Invest in Gilbert, Arizona - Chaparral Estates West

Chaparral Estates West is a welcoming community in Gilbert, Arizona. Its family-friendly atmosphere and well-maintained neighborhoods make it a promising area for aspiring Airbnb investors.

Chaparral Estates West Airbnb Market Data:

  • Average Revenue – $58.1K per year
  • Average Daily Rate – $274.5 per night
  • Average Occupancy Rate – 58%
  • Average RevPAR – $161.1

Convenience: 8/10

Chaparral Estates West is highly convenient for residents, offering easy access to essential amenities like grocery stores, schools, and healthcare facilities. Its proximity to the Loop 202 freeway enhances its connectivity, allowing quick travel to other parts of Gilbert and Greater Phoenix.

Tourist Attractions: 4/10

The area itself is not a traditional tourist destination; however, it provides a quiet suburban base for visitors exploring the wider region. Nearby attractions such as the Riparian Preserve at Water Ranch and the Gilbert Historical Museum are within a short driving distance but do not draw large tourist crowds directly to the neighborhood.

Things to Do: 7/10

Chaparral Estates West offers a variety of local activities, particularly for those who enjoy outdoor recreation. The community is close to several parks and green spaces, and its location in Gilbert affords residents access to a range of dining and shopping options, as well as a handful of local community events and festivals.

Average Home Prices: 7/10

In 2024, the average home price in Chaparral Estates West is approximately $550,000, with a 3% appreciation rate from the previous year. This steady growth indicates a healthy real estate market, making it an attractive area for investment without being prohibitively expensive.

Proximity to Work-Related Travel: 7/10

The neighborhood's location offers reasonable access to major employment hubs in the Phoenix metropolitan area. While not adjacent to major business centers, its freeway access makes it a viable option for those who commute or travel for work, including to the Phoenix-Mesa Gateway Airport.

X-Factor: 8/10

Chaparral Estates West's x-factor is its strong community vibe and quality of life. The neighborhood is known for its safe streets, active homeowners' association, and community engagement, making it an attractive place for families and long-term residents, which can be a draw for potential Airbnb guests looking for a homey experience.

5. Top Place to Invest in Gilbert, Arizona - Neely Commons

Neely Commons in Gilbert, Arizona, is a neighborhood celebrated for its cleanliness, safety, and family-friendly environment. This community combines urban convenience with suburban comfort, making it an appealing choice for real estate investors.

Neely Commons Airbnb Market Data:

  • Average Revenue – $54.2K per year
  • Average Daily Rate – $247.6 per night
  • Average Occupancy Rate – 60%
  • Average RevPAR – $151.3

Convenience: 9/10

Neely Commons is highly rated for its convenience. The neighborhood is strategically located with easy access to essential amenities such as shopping centers, restaurants, and schools. Its proximity to major roads facilitates quick commutes to and from Gilbert's vibrant downtown area, enhancing its appeal for residents and visitors alike.

Tourist Attractions: 5/10

While Neely Commons itself does not host major tourist attractions, its location in Gilbert allows easy access to nearby attractions, such as the Riparian Preserve at Water Ranch and the Gilbert Historical Museum. The neighborhood serves as a quiet base for exploring the greater Phoenix area.

Things to Do: 7/10

The neighborhood offers a variety of activities, particularly for families and outdoor enthusiasts. Local parks and community centers provide ample recreational opportunities. The area's safety and cleanliness contribute to its suitability for family gatherings and outdoor events, fostering a strong community spirit.

Average Home Prices: 8/10

As of 2024, homes in Neely Commons are listed at an average price of $405,000. This price point represents a stable market that is accessible to many homebuyers and investors. The area has seen a steady appreciation in property values, reflecting its desirability and potential for investment returns.

Proximity to Work-Related Travel: 8/10

Neely Commons' location offers excellent connectivity to major employment hubs within Gilbert and the surrounding Phoenix metropolitan area. The neighborhood's access to major highways makes it a convenient option for professionals who commute to work, enhancing its attractiveness to potential renters who prioritize ease of travel.

X-Factor: 9/10

Neely Commons' unique appeal lies in its exceptional cleanliness and family-oriented environment. The neighborhood is known for its well-kept streets and community-focused atmosphere, which are highly valued by residents. This strong sense of community, combined with the area's overall safety and aesthetic appeal, makes it a standout choice for families and long-term residents.

⚡️
Reveal your property’s rental profitability

Buy this property and list it on Airbnb.