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Gilbert Homes under $500,000

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Gilbert Homes under $500,000

Welcome to Gilbert, Arizona—a vibrant and rapidly growing town nestled in the heart of Maricopa County. Known for its picturesque landscapes, family-friendly atmosphere, and a strong sense of community, Gilbert has become a sought-after destination for homebuyers looking for a perfect blend of suburban charm and modern conveniences.

With a rich history that dates back to the early 1900s, Gilbert has transformed from a quaint agricultural town into one of the fastest-growing communities in the Phoenix metropolitan area. Residents enjoy a variety of amenities, including beautiful parks, top-rated schools, and a thriving downtown area filled with shops, restaurants, and entertainment options. The town is also home to numerous annual events that foster community spirit, making it an ideal place for families and individuals alike.

For those seeking affordable housing options, Gilbert offers an impressive selection of homes priced under $500,000. From charming single-family residences to modern townhomes, there is something to suit every taste and lifestyle. These homes provide not only affordability but also access to Gilbert's excellent amenities, including outdoor recreational activities, community events, and a strong local economy.

Whether you’re a first-time homebuyer, looking to downsize, or searching for an investment opportunity, Gilbert’s real estate market has much to offer. Discover the perfect home in this thriving town, where you can enjoy a high quality of life, beautiful surroundings, and a warm, welcoming community. Explore the possibilities today and take the first step toward your dream home in Gilbert!

Newest Gilbert Homes under $500,000

988 S Deerfield Lane, Gilbert image
988 S Deerfield Lane, Gilbert $424,000

MOVE-IN READY and beautifully refreshed! This spacious 1,817 SQ FT home offers 3 BEDROOMS, 2.5 BATHS PLUS large LOFT and easy, low-maintenance living. Recent updates incl...

  • ACTIVE Status
  • 3 Beds
  • 3 Baths
  • 7088882 MLS
  • 1,817 SqFt.
5024 S Citrus Court, Gilbert image
5024 S Citrus Court, Gilbert $499,900

Sunsets over the park! PRISTINE - HIGHLY UPDATED HOME! ALL the updates have been done in this immaculate home. If you are looking for low maintenance, immaculate and a h...

  • ACTIVE Status
  • 2 Beds
  • 2 Baths
  • 7088813 MLS
  • 1,411 SqFt.
862 S Colonial Drive, Gilbert image
862 S Colonial Drive, Gilbert $415,000

Single-level home on a quiet Gilbert street with 3 bedrooms, 2 baths, 9 ft ceilings & an open floor plan. The HVAC system was replaced in 2025. The eat-in kitchen has a b...

  • ACTIVE Status
  • 3 Beds
  • 2 Baths
  • 7088726 MLS
  • 1,214 SqFt.
779 E Beauchamp Drive Unit 101, Gilbert image
779 E Beauchamp Drive Unit 101, Gilbert $397,500

Bright, modern, and move-in ready--this highly desirable end-unit townhome offers 3 spacious bedrooms, 2.5 baths, and 1,422 square feet of stylish, functional living spa...

  • ACTIVE Status
  • 3 Beds
  • 3 Baths
  • 7088718 MLS
  • 1,422 SqFt.
3626 E Larson Lane, Gilbert image
3626 E Larson Lane, Gilbert $440,000

Welcome to your move in ready home in Cooley Station. This 3 bed 2.5 bathroom home is located next to everything! You will love the low maintenance landscaping with synth...

  • ACTIVE Status
  • 3 Beds
  • 3 Baths
  • 7088674 MLS
  • 1,661 SqFt.
1457 N Birch Street, Gilbert image
1457 N Birch Street, Gilbert $429,900

Welcome home to your Arizona dream! Nestled on an X-large corner lot in one of Gilbert's most desirable neighborhoods, this charming 3-bed, 2-bath single-level home is r...

  • ACTIVE Status
  • 3 Beds
  • 2 Baths
  • 7088573 MLS
  • 1,349 SqFt.
4018 E Pony Lane Unit 105, Gilbert image
4018 E Pony Lane Unit 105, Gilbert $386,000

INCREDIBLE BUYER INCENTIVES: $6,000 MORTGAGE CONCESSION. Seller will pay up to $6,000 at closing towards your interest rate buydown if you finance with lender of sellers ...

  • ACTIVE Status
  • 3 Beds
  • 2 Baths
  • 7088560 MLS
  • 1,308 SqFt.
4063 E Milky Way, Gilbert image
4063 E Milky Way, Gilbert $390,000

Welcome to 4063 E Milky Way, a beautifully maintained 3-bedroom, 2.5-bath home offering approximately 1,500 SF of functional living space and an open, inviting layout in ...

  • ACTIVE Status
  • 3 Beds
  • 3 Baths
  • 7087265 MLS
  • 1,500 SqFt.
2834 E Oakland Court, Gilbert image
2834 E Oakland Court, Gilbert $469,900

Beautiful Gilbert home offering 1,647 sq ft with 4 bedrooms and 2 bathrooms, built in 1999 and complete with a private pool. This inviting home features a functional floo...

  • ACTIVE Status
  • 4 Beds
  • 2 Baths
  • 7087216 MLS
  • 1,647 SqFt.
1677 E Bridgeport Parkway, Gilbert image
1677 E Bridgeport Parkway, Gilbert $415,000

Now's your chance to own a beautifully UPDATED, MODERN 2 bed (each w/its own Ensuite), 2 ½ bath condo in a PRISTINE gated LAKE community! This Awesome END unit is LIGHT...

  • ACTIVE Status
  • 2 Beds
  • 3 Baths
  • 7087137 MLS
  • 1,369 SqFt.
3634 E Sundance Avenue E, Gilbert image
3634 E Sundance Avenue E, Gilbert $475,000

Welcome to Power Ranch! This beautifully maintained corner-lot home offers excellent curb appeal, abundant natural light, and charming finishes throughout. The bright liv...

  • ACTIVE Status
  • 3 Beds
  • 3 Baths
  • 7087038 MLS
  • 1,598 SqFt.
760 E Doral Avenue Unit 101, Gilbert image
760 E Doral Avenue Unit 101, Gilbert $409,000

Welcome to Mosaic at Layton Lakes, a gated community offering resort style living in one of Gilbert's most desirable locations. This beautifully upgraded 3 bedroom, 2 bat...

  • ACTIVE Status
  • 3 Beds
  • 2 Baths
  • 7086957 MLS
  • 1,400 SqFt.
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The Broker Reserve is a licensed real estate brokerage serving Arizona communities. We comply fully with all federal, state, and local fair housing laws. All information provided is deemed reliable but not guaranteed and is subject to change without notice, including price, availability, or property condition. No representation or warranty is made regarding the accuracy or completeness of property details. All measurements and square footage are approximate. This material is not intended to solicit properties already listed with another broker. Nothing herein should be construed as legal, tax, or financial advice outside the scope of real estate brokerage services.

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