Updated 12 Hours Ago
Highlights
Zero Deposit
Location
407 S Ocean Dr, Gilbert, AZ 85233, USA|The Islands
Tour 407 S Ocean Dr
Contact
Keyrenter Premier Property Management
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Amenities for 407 S Ocean Dr, The Islands
Features
| Fireplace | Utilities Included |
Appliances
| Dishwasher | In-Unit Laundry |
| Microwave | Oven |
| Range | Refrigerator |
Grounds
| Outdoor Space |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
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About 407 S Ocean Dr
Sweet deal!
This listing is 24% below the median price for 4 bedroom apartments in The Islands.
Welcome to your new home at 407 S. Ocean Dr.! This spacious 4-bedroom, 2-bathroom home offers 2,208 square feet of comfortable living space and has been thoughtfully updated throughout. Recent updates include new flooring, fresh interior paint, and refurbished kitchen cabinets, giving the home a clean, refreshed, and modern feel. The kitchen also features stainless steel appliances, while the home includes a washer and dryer and ceiling fans for added convenience and comfort. Outside, enjoy a beautifully landscaped front yard and plenty of space to make the home your own. With its generous floor plan, modern updates, and desirable location, this home offers a wonderful combination of comfort, style, and functionality. Updated flooring, fresh paint, refurbished cabinets, stainless steel appliances, washer & dryer, ceiling fans, and a spacious 2,208-square-foot layout—this home is ready to welcome you home! BROKER: James Elfline - Keyrenter Premier Property Management STATUS: Vacant AVAILABLE DATE: 09/23/2026 TYPE: Single Family Home YEAR BUILT: 1988 BEDROOMS: 4 BATHROOMS: 2 SQ FT: 2208 GARAGE: 2 Car FENCED YARD: Yes *Other terms, fees, and conditions may apply. Check the listing at KeyrenterPremier. com for details. SHOWING INSTRUCTIONS: To schedule a showing please call (928) 916-5278. A secure Lockbox Code will be provided (verification of identity is required) UTILITIES INCLUDED: None PET RULE: No Pets SMOKING: No Smoking Allowed in or on the Property LEASE TO PURCHASE OPTION: Not an option LEASE LENGTH: 12-24 month minimum SPECIAL LEASE PROVISIONS: If not specified here, will be listed in lease agreement. APPLICATION TURNAROUND TIME: 24 to 72 business hours ADDITIONAL FEES NOT INCLUDED IN RENT: ● $65 Application Fee per applicant 18 or older ● $400 Non Refundable cleaning fee ● Alternative Security Deposit Option: Equal to one and a half month’s rent minimum coverage (See below), or ● Traditional Deposit Option: Equal to one month’s rent (Refundable) ● $5.00 MRA Fee (waived if enrolled in full Resident Benefit Package) ● $250 pet fee (if applicable) (nonrefundable) ● $25 Monthly pet rent (per pet) ● $125 Lease Initiation Fee (nonrefundable) ● $49.95 Resident Benefit Package - Includes liability insurance, credit building to help boost the resident’s credit score with timely rent payments, up to $1M Identity Theft Protection, HVAC air filter delivery (for applicable properties), our best-in-class resident rewards program, and much more! More details upon application. DEPOSIT FREE PROGRAM: • Security Deposit Alternative: This is an option instead of a traditional security deposit. • Affordable Annual premium • Call for more details or click the link below for more info • Provided by: https go myobligo com KeyrenterPremier-Application Jim Elfline, Franchise Owner and President All information is deemed reliable but not guaranteed and is subject to change
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 407 S Ocean Dr compares to other nearby properties.
Positives
- Less expensive
- The 4-bedrooms are cheaper than other similar listings nearby
- High school nearby
- There is a high school 1 mile away
- Fireplace
- Upgraded in-unit features
- Images Available
- There are at least 10 photos of this address
Address details
| Neighborhood | The Islands |
|---|---|
| Zip code | 85233 |
| Type | House for rent |
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Rent trends in The Islands
4-bedroom apartments at 407 S Ocean Dr cost about 24% less than the average rent price for 4-bedroom apartments in Gilbert.
Median rents as of Sep 19 2026.
The Islands
Gilbert
| Month | Median Rent |
|---|---|
| October 2024 | $2,610 |
| November 2024 | $2,582 |
| December 2024 | $2,620 |
| January 2025 | $2,598 |
| February 2025 | $2,598 |
| March 2025 | $2,599 |
| April 2025 | $2,798 |
| May 2025 | $2,773 |
| June 2025 | $2,766 |
| July 2025 | $2,741 |
| August 2025 | $2,655 |
| September 2025 | $2,631 |
| October 2025 | $2,598 |
| November 2025 | $2,541 |
| December 2025 | $2,484 |
| January 2026 | $2,485 |
| February 2026 | $2,490 |
| March 2026 | $2,515 |
| April 2026 | $2,647 |
| May 2026 | $2,733 |
| June 2026 | $2,724 |
| July 2026 | $2,633 |
| August 2026 | $2,626 |
| September 2026 | $2,610 |
| Month | Median Rent |
|---|---|
| October 2024 | $2,900 |
| January 2025 | $3,395 |
| February 2025 | $3,395 |
| April 2025 | $2,850 |
| May 2025 | $2,850 |
| July 2025 | $3,733 |
| August 2025 | $3,285 |
| September 2025 | $2,899 |
| October 2025 | $2,950 |
| November 2025 | $2,798 |
| December 2025 | $2,667 |
| January 2026 | $2,558 |
| February 2026 | $2,764 |
| March 2026 | $2,855 |
| April 2026 | $3,362 |
| May 2026 | $3,220 |
| June 2026 | $3,116 |
| July 2026 | $2,950 |
| August 2026 | $3,291 |
| September 2026 | $3,395 |
Affordability calculator
Can I afford to live at 407 S Ocean Dr?
Bedrooms
4+ bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$103,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $103,800 annually to afford this 4-bedrooms monthly rent price of $2,595.
For more information on rent affordability, visit our rent calculator.
Schools near 407 S Ocean Dr
Islands Elementary School
245 s mcqueen rd
gilbert, AZ, 85233
PK, K-6Public
A-
GPS Global Academy
55 north greenfield rd
gilbert, AZ, 85234
K-12Public
A-
Neely Traditional Academy
500 e houston ave
gilbert, AZ, 85234
PK, K-6Public
A
Tempe Elementary Online Community
1600 e watson dr
tempe, AZ, 85283
K-8Public
C+
Elona P. Cooley Early Child Development Center
1100 s recker rd
gilbert, AZ, 85296
PKPublic
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Internet available near 407 S Ocean Dr
Neighborhood
The Islands | Gilbert, AZ
Getting around Gilbert near 407 S Ocean Dr
Walking
4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
1/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 407 S Ocean Dr, Gilbert
Groceries
3/10
At least one grocery store within a 30-minute walk
Shopping
3/10
Some shops within walking distance
Cafes
4/10
Few or no cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
6/10
At least one elementary school within a 20-minute walk
High schools
1/10
No high schools within a 30-minute walk
Parks
5/10
Limited amount of park space nearby
Nightlife
2/10
Few or no bars within walking distance
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Check availability
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