Gilbert Homes under $500,000

Welcome to Gilbert, Arizona – a vibrant town nestled in the heart of Maricopa County that perfectly blends suburban charm with modern conveniences. Known for its rich agricultural roots and a strong sense of community, Gilbert has transformed over the years into one of the fastest-growing cities in the Phoenix metropolitan area. With its sunny skies, beautiful parks, and a plethora of recreational activities, Gilbert is an ideal place for families, young professionals, and retirees alike.

One of the most appealing aspects of Gilbert is the diverse range of housing options available, especially for homebuyers looking for properties under $500,000. Here, you’ll find an array of charming single-family homes, townhouses, and modern condos that cater to various lifestyles and budgets. Whether you’re seeking a cozy abode with a backyard for the kids to play in or a low-maintenance townhouse close to shopping and dining, Gilbert has something for everyone.

The town is renowned for its excellent schools, numerous parks, and vibrant community events, making it an exceptional place to call home. Residents enjoy easy access to outdoor activities, including hiking, biking, and nearby lakes for fishing and boating. Plus, with a growing array of restaurants, shops, and entertainment venues, you’ll never run out of things to do.

Discover the charm of Gilbert and explore the wonderful homes available under $500,000. Your dream home awaits in this welcoming, sun-soaked community!

Newest Gilbert Homes under $500,000

$415,000

3 Beds ⋅ 2 Baths ⋅ 7088726 MLS ⋅ 1,214 SqFt.

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 breakfast bar, smooth top stove, built-in microwave & a reverse osmosis system for filtered drinking water. Ceiling fans in every room, 2 panel doors & 2'' faux wood blinds throughout. The primary suite includes a full bath & walk-in closet. An owned security system, security screen door & interior fire sprinklers add peace of mind. Out back, the extended wraparound yard & covered patio give you room to relax, with low-maintenance desert landscaping & block fencing for privacy. Tile roof & 2-car garage. 2 community parks, Gilbert Unified schools & quick access to the Loop 202 & US60. Hurry & make this your new home!

862 S Colonial Drive, Gilbert

$397,500

3 Beds ⋅ 3 Baths ⋅ 7088718 MLS ⋅ 1,422 SqFt.

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 space. Enjoy added privacy, abundant natural light, and only one shared wall, giving you the peaceful feel of a single-family home with complete low- maintenance living. The open-concept main level features sleek luxury flooring, beautiful cabinetry, and premium quartz countertops--perfect for everyday living and entertaining. Situated in a prime Gilbert location within the sought-after Layton Lakes community, you'll love the resort-style lifestyle complete with scenic lakes, miles of walking and biking trails, parks, and top-rated schools nearby. Don't miss this turnkey gem!

779 E Beauchamp Drive Unit 101, Gilbert

$440,000

3 Beds ⋅ 3 Baths ⋅ 7088674 MLS ⋅ 1,661 SqFt.

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 and 2 car garage. Come take a look!

3626 E Larson Lane, Gilbert

$429,900

3 Beds ⋅ 2 Baths ⋅ 7088573 MLS ⋅ 1,349 SqFt.

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 ready for you to make it your own! Bright, open living with vaulted ceilings and natural light streaming in every day! No interior steps. The kitchen boasts granite countertops and flows into the dining area--perfect for everyday living and entertaining. The oversized primary private retreat features a soaking tub, an updated tile shower & spacious walk-in closet. The covered patio overlooks a generous backyard -- ideal for relaxing, barbecues, or creating your outdoor oasis. Quiet streets, sought-after location, and the lifestyle you've been looking for. Next Chapter Starts Here! AZ Licensed RE Agent - related to se

1457 N Birch Street, Gilbert

$386,000

3 Beds ⋅ 2 Baths ⋅ 7088560 MLS ⋅ 1,308 SqFt.

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 choice. Built in 2019, this Gilbert two-story home offers quartz countertops, and a two-car garage. Included 100-Day Home Warranty with buyer activation

4018 E Pony Lane Unit 105, Gilbert

$390,000

3 Beds ⋅ 3 Baths ⋅ 7087265 MLS ⋅ 1,500 SqFt.

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 Gilbert's desirable Willows community. The interior features upgraded tile flooring throughout the main living areas and bathrooms, along with upgraded ceiling fans and fixtures that add a stylish touch throughout the home. The spacious kitchen is designed for both everyday living and entertaining, featuring upgraded quartz countertops, an abundance of beautiful cabinetry, stainless steel appliances including the refrigerator, and a convenient pantry. The generously sized primary suite offers a spacious bathroom with dual sinks, a relaxing French soaking tub, separate walk-in shower, and a large walk-in closet. Two additional bedrooms provide comfortable space for family, guests, or a home office. The 2-car garage includes overhead storage racks for added functionality and storage. Out back, enjoy a low-maintenance outdoor space with a patio that's perfect for a BBQ, sitting area, and relaxing Arizona evenings. The Willows offers an outstanding community lifestyle with two resort-style pools and spas, neighborhood parks, green spaces, playgrounds/tot lots, and walking and biking paths throughout. Conveniently located near schools, shopping, dining, entertainment, parks, and major roadways, this move-in-ready Gilbert home offers the ideal combination of upgrades, functionality, community amenities, and location!

4063 E Milky Way, Gilbert

$469,900

4 Beds ⋅ 2 Baths ⋅ 7087216 MLS ⋅ 1,647 SqFt.

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 floor plan with comfortable living areas, a bright kitchen with ample cabinetry, and flexible bedrooms for family, guests, or a home office. Step outside to a backyard perfect for entertaining, relaxing poolside, and enjoying Arizona's sunshine. Conveniently located near shopping, dining, parks, schools, and major commuter routes, this home offers a great combination of comfort, convenience, and outdoor living in a desirable Gilbert location.

2834 E Oakland Court, Gilbert

$415,000

2 Beds ⋅ 3 Baths ⋅ 7087137 MLS ⋅ 1,369 SqFt.

Now's your chance to own a beautifully UPDATED, MODERN 2 bed (each w/its own Ensuite), 2 Â½ bath condo in a PRISTINE gated LAKE community! This Awesome END unit is LIGHT, BRIGHT, & OPEN w/a TASTEFUL color palette & TERRIFIC updates. From the SLEEK quartz counters to the STUNNING subway tiles, to the ELEVATED barn door & CUSTOM Primary Closet, this home HAS IT ALL. 2 SEPARATE outdoor spaces allow you to enjoy morning coffee or evening nightcap in complete relaxation. Other features include an OVERSIZED tandem 2 car garage w/EPOXY floors & storage, water softener, R/O & convenient, UPSTAIRS laundry. The FABULOUS kitchen island is a great place to sit or chat w/guests while preparing meals & you'll love the NEUTRAL, plank tile that runs throughout. BEST OF ALL, it's located close to the ma resort-like amenities that Val Vista has to offer, including PEACEFUL lakes & parks with winding paths leading to a community Pool & Hot Tub. And of course, all centrally located near great shops & the best restaurants Gilbert has to offer. COME SEE IT TODAY!

1677 E Bridgeport Parkway, Gilbert

$475,000

3 Beds ⋅ 3 Baths ⋅ 7087038 MLS ⋅ 1,598 SqFt.

Welcome to Power Ranch! This beautifully maintained corner-lot home offers excellent curb appeal, abundant natural light, and charming finishes throughout. The bright living room is perfect for relaxing, while the chef's kitchen features granite countertops, stainless steel appliances, tile backsplash, and a cozy window seat with storage. Recent updates include a NEW: AC, water heater, irrigation system, interior paint, Flooring, soft water system, and reverse osmosis system. Enjoy Power Ranch amenities including two pools, clubhouses, fishing lakes, tennis and volleyball courts, and 26 miles of trails. Conveniently located near San Tan Marketplace, shopping, dining, and the 202.

3634 E Sundance Avenue E, Gilbert

$409,000

3 Beds ⋅ 2 Baths ⋅ 7086957 MLS ⋅ 1,400 SqFt.

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 bath condo with a 2-car garage features a bright, open concept layout designed for both everyday living and entertaining. The spacious great room flows seamlessly into the kitchen, complete with granite and quartz countertops, 42'' cabinetry, a large island with seating, GE Café stainless steel appliances, and ample storage. Luxury vinyl plank flooring and modern lighting add a clean, contemporary feel throughout... Additional features include EVO smart home technology with whole home WiFi, video doorbell, smart thermostat, smart entry lock, and garage opener, along with a Rinnai tankless water heater and Carrier HVAC system. The home also offers two private outdoor patio spaces and low-maintenance living, with water, gas, and trash included in the HOA. Residents enjoy access to a community pool and spa, splash pads, tennis courts, playgrounds, and miles of scenic walking paths, all just steps away. Located near lakes, parks, top rated schools, shopping, and dining, this move-in ready home offers the perfect blend of style, convenience, and lifestyle.

760 E Doral Avenue Unit 101, Gilbert

$458,000

2 Beds ⋅ 2 Baths ⋅ 7086911 MLS ⋅ 1,308 SqFt.

Enjoy the best of Arizona living in this beautifully updated Verbena model, ideally located in the highly sought-after 55+ community of Trilogy at Power Ranch. This inviting home offers 2 bedrooms, 2 bathrooms, an open-concept living area, and scenic golf course views. The home features freshly painted kitchen cabinets, new lighting, dishwasher, microwave, water softener, and beautifully updated bathrooms. The split-bedroom layout provides added privacy, while the kitchen offers a spacious breakfast bar and an ideal setting for entertaining family and friends. Enjoy relaxing on the private patio, complete with turf and a tranquil water feature. Trilogy offers an impressive selection of amenities, including golf, fitness center, pools, clubhouse, tennis, pickleball and restaurant.

5299 S Harvest Street, Gilbert

$449,000

3 Beds ⋅ 2 Baths ⋅ 7086582 MLS ⋅ 1,248 SqFt.

This beautifully maintained home offers a bright, open floor plan with spacious living areas designed for both everyday comfort and entertaining. The well-appointed kitchen flows seamlessly into the main living space, while generous bedrooms provide room to relax and unwind. Step outside to enjoy the private backyard--perfect for outdoor dining, gatherings, or simply enjoying Arizona's beautiful weather. Conveniently located near parks, shopping, dining, schools, and easy freeway access, this home combines comfort, convenience, and value. Don't miss your opportunity to make this Mesa gem your new home!

742 N Harmony Avenue, Gilbert

Start Your Search

Copyright 2026 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.