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.
How much do households earn in Gladstone?
Share of households by yearly income. 17.0% of households earn $100,000 or more.
Rent by apartment size in Gladstone
| Size | Gladstone | U.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).
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
Life in Gladstone
Is it cheaper to rent or buy in Gladstone?
Renting is cheaper right now: about $270 a month less.
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.