salaryRent is higher than in 73% of U.S. cities. Household incomes are higher than in 91% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (94.8%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $84,080 a year. That is $40 an hour at a full-time job.
Is rent cheaper than other Illinois cities?
No. Rent here is more expensive than in most of Illinois. It is number 287 of 334 cities from cheapest to most expensive.
How much do households earn in Gilberts?
Share of households by yearly income. 62.1% of households earn $100,000 or more.
Rent by apartment size in Gilberts
| Size | Gilberts | U.S. average |
|---|---|---|
| 2 bedrooms | $1,886 | $1,509 |
| 3 bedrooms | $2,027 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Gilberts overall?
Everyday prices in Illinois overall are same as the U.S. average (index 100.0, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Gilberts, so the Illinois figure is shown.
Taxes and bills in Gilberts
Life in Gilberts
Is it cheaper to rent or buy in Gilberts?
Renting is cheaper right now: about $308 a month less.
Owning assumes a typical $347,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $34,730 for the down payment.
Frequently asked questions
What is the average rent in Gilberts, IL?
Renting in Gilberts costs a median of about $2,102 a month in 2026, including utilities. The Illinois median is $1,517.
How much do I need to make to live in Gilberts?
To keep rent under 30% of income, you need about $84,080 a year, or $40 an hour at a full-time job.
Is Gilberts cheap or expensive?
Gilberts is rated Cheap: rent takes 16.0% of the typical household income of $157,820. It ranks 287th cheapest of 334 Illinois cities we track.
How much are property taxes in Gilberts?
The median homeowner in Gilberts pays $8,462 a year in property taxes, about 2.44% of the median home value.
Is Gilberts more expensive than the national average?
Overall prices in Illinois are same as the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Gilberts?
The median home value in Gilberts is $347,300, about 2.2 times the typical yearly household income.
8,606 people live in Gilberts. Numbers are typical (middle) values.