States › Michigan › Gladstone

Is Gladstone, MI expensive to live in?

CheapRent takes 11 cents of every $1 people earn here.
🏠 Rent per month (2026)$55368% lower than U.S. average
💵 Families earn per year (2026)$59,285about $4,940/month · 32% lower than U.S. average
🔑 House price$118,60064% lower than U.S. average

Rent here is among the lowest 10% of all U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 17.6 minutes. Most homes (81%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $22,120 a year. That is $11 an hour at a full-time job.

Is rent cheaper than other Michigan cities?

Yes. Rent here is cheaper than in most of Michigan. It is number 1 of 179 cities from cheapest to most expensive.

Gladstone
$553
$1,251
$1,233
$1,014

How much do households earn in Gladstone?

Under $25k
21.2%
$25k–50k
25.8%
$50k–100k
31.1%
$100k–150k
12.3%
$150k+
4.7%

Share of households by yearly income. 17.0% of households earn $100,000 or more.

Rent by apartment size in Gladstone

SizeGladstoneU.S. average
1 bedroom$533$1,324
2 bedrooms$1,024$1,509
3 bedrooms$1,289$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Gladstone overall?

Everyday prices in Michigan overall are 4% below the U.S. average (index 96.2, U.S. = 100).

Housing
82
Goods (food, clothes…)
96
Utilities
100
Other services
101
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Gladstone, so the Michigan figure is shown.

Taxes and bills in Gladstone

🏛️ Property tax$1,768a year · 1.49% of home value · U.S. $3,119
⚡ Electric bill$132a month (typical) · U.S. $156

Life in Gladstone

Commute to work17.6 minU.S.: 26.4 min
College degree20.5%U.S.: 35.7%
Own their home81%U.S.: 65.2%
Below poverty line14.1%U.S.: 12.5%
Unemployment3.9%U.S.: 5.2%

Is it cheaper to rent or buy in Gladstone?

Renting is cheaper right now: about $270 a month less.

Renting
$553
Owning
$823

Owning assumes a typical $118,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $11,860 for the down payment.

Frequently asked questions

What is the average rent in Gladstone, MI?

Renting in Gladstone costs a median of about $553 a month in 2026, including utilities. The Michigan median is $1,314.

How much do I need to make to live in Gladstone?

To keep rent under 30% of income, you need about $22,120 a year, or $11 an hour at a full-time job.

Is Gladstone cheap or expensive?

Gladstone is rated Cheap: rent takes 11.2% of the typical household income of $59,285. It ranks 1st cheapest of 179 Michigan cities we track.

How much are property taxes in Gladstone?

The median homeowner in Gladstone pays $1,768 a year in property taxes, about 1.49% of the median home value.

Is Gladstone more expensive than the national average?

Overall prices in Michigan are 4% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Gladstone?

The median home value in Gladstone is $118,600, about 2.0 times the typical yearly household income.

5,253 people live in Gladstone. Numbers are typical (middle) values.