City Report · OR

Gladstone

Pop. 11,977·33rd most expensive in Oregon·Rental market data updated monthly for Gladstone, OR
Median rent (all units)
$1,747/mo
Year-over-Year
-4.4%
Month-over-Month
+2.8%
vs US Median
-$218
Rising (Monthly)
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Most AffordableMost Expensive
Gladstone · $1,747
More affordable than 58% of US cities · National median $1,965/mo
Affordability
23% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,747/mo, rent takes about 23% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$70,000/yr
Local median income
$91,250/yr
Based on the 30%-of-income rule using Gladstone's median rent and household income. See the full affordability breakdown →
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
Research median
$2,060/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$20,964/yr
At $1,747/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (-4.4% YoY, +2.8% 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 → $1,747
up 3.4%
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 $1,747, up 3.4% 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 $1,747/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: July 20, 2026

The median rent in Gladstone is $1,747/mo as of July 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 4.4% over the past year.

FAQ

Frequently asked questions

Is Gladstone an affordable city for renters?

Gladstone is considered very affordable for renters. At $1,747/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 $1,747/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 4.4% over the past year as of July 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 #33 out of 65 tracked cities at $1,747/mo.

Which nearby cities are cheaper to rent in than Gladstone?

Milwaukie is nearby and more affordable at $1,691/mo, which is $56 less than Gladstone.

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 $1,747/mo is $218 (11%) below the US national median of $1,965/mo. Within Oregon, it ranks #33 out of 65 tracked cities.
Income Affordability
23%
VERY AFFORDABLE

At $1,747/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%
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Gladstone, OR

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