City Report · OR

Gladstone

Pop. 11,977·24th most expensive in Oregon·Rental market data updated monthly for Gladstone, OR
Median rent (all units)
$1,819/mo
Year-over-Year
Stable
Month-over-Month
+0.5%
vs US Median
-$113
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Gladstone · $1,819
More affordable than 52% of US cities · National median $1,932/mo
Affordability
24% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,819/mo, rent takes about 24% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$73,000/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
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 $1,819 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: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in Gladstone is at its highest level since Zillow's records here began in January 2023.

Recent direction

Rent has risen 6 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($91,250) is $2,281 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,060); a 3-bedroom is $2,830.

Cheaper nearby

Raleigh Hills, 10 miles away, rents for 16% less ($1,524/mo), about $3,500 a year in savings.

From Zillow's monthly rent index (ZORI) for Gladstone. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$21,828/yr
At $1,819/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 (+0.0% YoY, +0.5% MoM), not inventory.
Rent check

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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
$1,701 → $1,819
up 6.9%
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 $1,701 a month. That figure now sits near $1,819, up 6.9% from the 2023 baseline. Census figures show median household income at $91,250 today, compared with $83,214 five years earlier. 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 $1,819/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: October 17, 2026

The median rent in Gladstone is $1,819/mo as of October 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 24% of local median household income ($91,250/yr), Gladstone ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

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 $73,000/year (about $35/hour full-time) to afford the median rent of $1,819/mo in Gladstone. The local median household income is $91,250/yr, so the typical household meets that bar.

Is rent going up or down in Gladstone?

Rent in Gladstone has been roughly flat over the past year as of September 2026, a 0.0% change. That is the highest level since Zillow's records here began in January 2023.

How does Gladstone rent compare to other cities in Oregon?

Gladstone is in the middle among Oregon cities for rent, ranking #24 of 64 tracked cities at $1,819/mo.

Which nearby cities are cheaper to rent in than Gladstone?

Nearby cities with lower median rent than Gladstone ($1,819/mo) include Clackamas ($1,742/mo), and Milwaukie ($1,809/mo).
Income Affordability
24%
VERY AFFORDABLE

At $1,819/mo, rent takes ~24% of Gladstone's median household income ($91,250/yr). The standard benchmark is 30%.

Gladstone 24%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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