City Report · OR

Gladstone

Pop. 11,977·31st most expensive in Oregon·Rental market data updated monthly for Gladstone, OR
Median rent (all units)
$1,745/mo
Year-over-Year
-3.9%
Month-over-Month
-0.1%
vs US Median
-$217
Stable (Monthly)
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Most AffordableMost Expensive
Gladstone · $1,745
More affordable than 58% of US cities · National median $1,962/mo
Rent Reality Score
58/100
Fairly priced
OverheatedFairGreat value

Rents are 4% below what Gladstone's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,745/mo
Expected by trend
$1,822/mo
The Rent Reality Score compares today's median rent to where Gladstone's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,680
1 BR
$1,810
2 BR
$2,060
3 BR
$2,830
4 BR+
$3,320
Fair Market Rent (HUD)
$2,060/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,745 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$20,940/yr
At $1,745/mo median
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 3.9% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-3.9% YoY, -0.1% MoM), not inventory.
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Demographics

Who lives here

Gladstone, OR is majority owner-occupied, has a median income above the national average, 25.8% of residents hold a bachelor's degree or higher.

Population
11,977
Median income
$91,250
Median age
44.8
Renters
35.4%
Age distribution
16.5%
21.8%
26.4%
16.9%
18.5%
Under 1816.5%
18–3421.8%
35–5426.4%
55–6416.9%
65+18.5%
Gender
51.8%
48.2%
Male51.8%
Female48.2%
Race & ethnicity
78.7%
White78.7%
Black1.3%
Hispanic10.5%
Asian1.5%
Other8%
Education (25+)
25%
40.5%
25.8%
No HS diploma8.8%
HS diploma25%
Some college40.5%
Bachelor's+25.8%
Housing tenure
64.6%
35.4%
Owner64.6%
Renter35.4%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2023 vs 2026

How Gladstone, OR has changed in 5 years

Rent
$1,689 → $1,745
up 3.3%
Income
$83,214 → $91,250
up 9.7%
Population
12,017 → 11,977
down 0.3%
Renter share
36.9% → 35.4%
-1.5 pts
Bachelor's+
26.1% → 25.8%
-0.3 pts
Median age
39.6 → 44.8
+5.2 yrs

Five years ago, renters in Gladstone, OR paid around $1,689 a month. That figure now sits near $1,745, up 3.3% from the 2023 baseline. Census figures show median household income at $91,250 today, compared with $83,214 five years earlier. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. The renter share has eased from 36.9% to 35.4%, with owner-occupied housing accounting for the remainder. The combined trend lines point to a market that has changed measurably from where it stood in early 2023.

Community

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View Gladstone rent history (2015–2026) →
Salary vs rent

Can you afford rent in Gladstone on your salary?

At $1,745/mo, how Gladstone rent compares to typical pay (30% rule).

By apartment size

Gladstone rent by bedroom count

Median rent for each apartment size in Gladstone. Click any size for full breakdown.

Local insights

Tips for renters in Gladstone

About renting in Gladstone, OR

Last updated: August 17, 2026

The median rent in Gladstone is $1,745/mo as of August 2026. A studio apartment averages $1,680/mo while a 2-bedroom runs $2,060/mo. One-bedroom apartments average $1,810/mo and 3-bedroom units go for $2,830/mo.

At 23% of local median household income ($91,250/yr), Gladstone ranks as affordable compared to the national benchmark of 30%. Rents have decreased 3.9% over the past year.

FAQ

Frequently asked questions

Is Gladstone an affordable city for renters?

Gladstone is considered very affordable for renters. At $1,745/mo, rent takes approximately 23% of the local median household income ($91,250/yr). The standard benchmark is 30%. Gladstone falls comfortably within that range.

How much income do you need to rent in Gladstone?

To keep rent at or below 30% of gross income, you would need to earn at least $70,000/year (~$34/hour full-time) to afford the median rent of $1,745/mo in Gladstone. The local median household income is $91,250/yr, meaning the typical Gladstone household meets that threshold.

Is rent going up or down in Gladstone?

Rent in Gladstone has decreased 3.9% over the past year as of August 2026, offering some relief compared to 12 months ago.

How does Gladstone rent compare to other cities in Oregon?

Gladstone is middle-of-the-pack for Oregon for rent, ranking #31 out of 64 tracked cities at $1,745/mo.

What percentage of Gladstone residents rent vs. own?

According to Census data, approximately 35.4% of Gladstone households are renters, while 64.6% are owner-occupied. Gladstone leans toward homeownership, which can mean a smaller rental inventory.

How does Gladstone rent compare to the national average?

Gladstone's median rent of $1,745/mo is $217 (11%) below the US national median of $1,962/mo. Within Oregon, it ranks #31 out of 64 tracked cities.
Income Affordability
23%
VERY AFFORDABLE

At $1,745/mo, rent takes ~23% of Gladstone's median household income ($91,250/yr). The standard benchmark is 30%.

Gladstone 23%Benchmark 30%
State income tax4.75–9.9%
Run the Gladstone affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Gladstone, OR

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