ZIP Code · MO

ZIP 64118

Part of Gladstone, MO

Pop. 41,984·Clay County·92nd most expensive ZIP in Missouri

Median rent (all units)

$1,311/mo

Year-over-Year

+5.5%

Month-over-Month

+0.5%

vs US Median

-$621

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 64118 · $1,311

More affordable than 86% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,070

1 BR

$1,170

2 BR

$1,330

3 BR

$1,730

4 BR+

$2,060

Research median

$1,330/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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

February. Asking rents in ZIP 64118 usually run 0.9% below trend in February and 0.9% above it in August, about $24 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 64118 is at its highest level since Zillow's records here began in January 2021.

Past year vs. the rest of Missouri

Rent in ZIP 64118 changed +5.5% over the year to September 2026. Across the 119 Missouri ZIP codes Zillow tracks, the typical change was +4.6%.

Recent direction

Rent has risen 7 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($74,740) is $1,869 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,730); a 4-bedroom is $2,060.

Cheaper nearby

ZIP 64053, 9 miles away, rents for 22% less ($1,020/mo), about $3,500 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 64118. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$15,732/yr

At $1,311/mo median

Location

CityGladstone

StateMO

CountyClay County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 5.5% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+5.5% YoY, +0.5% MoM), not inventory.

Demographics

Who lives here

ZIP 64118 (Gladstone, MO) is majority owner-occupied, 29.3% of residents hold a bachelor's degree or higher.

Population

41,984

Median income

$74,740

Median age

36.4

Renters

40.6%

Age distribution

21.6%

26.4%

24.6%

12.4%

14.9%

Under 1821.6%

18–3426.4%

35–5424.6%

55–6412.4%

65+14.9%

Gender

49.3%

50.7%

Male49.3%

Female50.7%

Race & ethnicity

74.8%

White74.8%

Black8.9%

Hispanic10.4%

Asian2.6%

Other3.2%

Education (25+)

31.6%

31.5%

29.3%

No HS diploma7.5%

HS diploma31.6%

Some college31.5%

Bachelor's+29.3%

Housing tenure

59.4%

40.6%

Owner59.4%

Renter40.6%

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

2021 vs 2026

How ZIP 64118 in Gladstone, MO has changed in 5 years

Rent

$927 → $1,311

up 41.4%

Income

$62,980 → $74,740

up 18.7%

Population

43,305 → 41,984

down 3.1%

Renter share

42% → 40.6%

-1.4 pts

Bachelor's+

28.2% → 29.3%

+1.1 pts

Median age

35.8 → 36.4

+0.6 yrs

Across the past five years, the going rent in ZIP 64118 in Gladstone, MO has shifted from $927 to $1,311, up 41.4% since 2021. Census figures show median household income at $74,740 today, compared with $62,980 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 64118 in Gladstone, MO losing about 1,321 residents over the five-year window, down 3.1% on net. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

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Local insights

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About renting in ZIP 64118

Last updated: October 17, 2026

ZIP code 64118 covers Gladstone, MO. The median rent here is $1,311/mo as of October 2026. A 1-bedroom rents for a median of $1,170/mo. A 2-bedroom rents for a median of $1,330/mo.

At 21% of local median household income ($74,740/yr), ZIP 64118 ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 64118?

To keep rent at or below 30% of gross income, you would need to earn at least $52,000/year (about $25/hour full-time) to afford the median rent of $1,311/mo in ZIP 64118. The local median household income is $74,740/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 64118?

Rent in ZIP 64118 has risen 5.5% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2021.

When is the cheapest time to rent in ZIP 64118?

Asking rents in ZIP 64118 are usually lowest in February, about 0.9% below their yearly trend, and highest in August, about 0.9% above it. At today's median that is a gap of roughly $24 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 64118 compare to other ZIPs in Missouri?

ZIP 64118 is one of the more affordable among Missouri ZIP codes for rent, ranking #92 of 137 at $1,311/mo. Over the year to September 2026, rent in ZIP 64118 changed +5.5%, against a typical +4.6% across the 119 Missouri ZIP codes Zillow tracks.