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City · 5,253 residents · Delta County, Michigan

Gladstone , Michigan

In Gladstone, a typical home is worth $118,600 and typical rent is $910 a month. Compared with all of Delta County, typical rent is 32% higher and the typical home value is 25% lower.

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  • Typical home value

    $118,600

    25% below the county

    49% below Michigan

    • Gladstone
    • Delta
    • Michigan

  • Typical rent

    $910a month

    32% above the county

    19% below Michigan

    • Gladstone
    • Delta
    • Michigan

  • Typical household income

    $54,970a year

    5% below the county

    25% below Michigan

    • Gladstone
    • Delta
    • Michigan

  • Households that own their home

    81%

    1 points below the county

    8 points above Michigan

    • Gladstone
    • Delta
    • Michigan

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$215,186
8.2% more than 12 months ago

From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).

Gladstone is in Delta County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Delta County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Gladstone apart

What this place has that others do not, from public data, most unusual first.

  1. Gladstone has the 6th largest share of rent-burdened renters of the 168 cities in Michigan with more than 5,000 people (69%).

  2. Nearby, in Escanaba, the typical rent is $657: 28% less than in Gladstone ($910).

  3. The typical rent in Gladstone is $910 a month, 32% more than in Delta County as a whole ($692).

  4. According to Zillow, in the 12 months to September 2026 the typical home value in Gladstone rose 8.2%; in Michigan, it rose 3.8%.

  5. The typical home in Gladstone is worth $118,600, 25% less than in Delta County as a whole ($157,100).

Sources: U.S. Census Bureau (Average 2020–2024); Zillow (September 2026 data). Zillow data

The homes here

Housing in Gladstone

What homes there are in Gladstone, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

In Gladstone, 7 in 10 homes are single-family detached houses; in Delta County, 8.

There are more mobile homes here than in Delta County: 11% of homes, against 7%.

Year built

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$1,030 a month

Delta County: $1,205 a month

Without a mortgage

$484 a month

Delta County: $477 a month

Owners with a mortgage

47%

Delta County: 50%

The typical cost for an owner with a mortgage in Gladstone is $1,030 a month, less than in Delta County ($1,205); without one, $484.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

The typical home value in Gladstone rose 29% since 2015–2019, less than in Delta County (37%).

The typical rent in Gladstone rose 87% over the same time; in Delta County, it rose 19%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureGladstoneDelta CountyMichiganUnited States
Rental vacancy Unreliable estimateUnreliable estimate5.1%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate0.8%0.9%
More than one person per room Unreliable estimate1.4%1.6%3.4%
People per household 2.432.262.422.53
Drive alone 81%82%74%69%
Carpool 12%9%8%9%
Public transit Unreliable estimateUnreliable estimate1%3%
Walk or bike Unreliable estimate3%2%3%
Work from home Unreliable estimate6%14%15%
Other means Unreliable estimateUnreliable estimate1%2%
Typical commute 10 to 19 minutes10 to 19 minutes20 to 29 minutes20 to 29 minutes

Households in Gladstone are bigger: 2.43 people on average; in Delta County, 2.26.

To get to work, 81% of workers in Gladstone drive alone; in Delta County, 82%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Gladstone?

A typical home is within reach of the typical income

We start with a typical home in Gladstone, worth $118,600, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 23% of the typical household income in Gladstone, which is $54,970 a year.

The calculator's FHA and conventional loan limits are those of all of Delta County.

Your numbers

Local data
$

Starts at the typical home value in Gladstone. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $4,151 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$1,038

at 7.18% · 30 years

Loan amount
$116,452
Total interest
$167,547
Paid off in
November 2056

Includes $2,003 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,283 a month

    Your payment · 23%

  • Tight

    $1,283 to $1,649 a month

  • Hard

    more than $1,649 a month

Compared with the typical household income in Gladstone ($54,970 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$1,038
Principal & interest$789
Property tax$147
Home insurance$49
FHA mortgage insurance (MIP)$52

You need at least $4,151 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Gladstone and Delta County

Gladstone is in Delta County, Michigan. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Gladstone's own numbers

Typical home value
$118,600
Typical monthly rent
$910
Typical yearly household income
$54,970
Households that own their home
81%
Effective property tax rate
1.49%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Delta County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,014
Price change over 5 years (FHFA)
+72%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Delta County.

Everything about Delta County

Buying

Buying a home in Gladstone

A typical home in Gladstone is worth $118,600: 25% below the county and 49% below Michigan. With the typical household income in Gladstone ($54,970 a year), a typical home costs 2.2 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Gladstone 2.2 years
  • Delta 2.7 years
  • Michigan 3.2 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Delta County

According to FHFA’s house price index, home prices in Delta County rose 90% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Delta County.

Period County Michigan U.S.
Last year (2025) +15.4% +4.7% +2.9%
5 years (2020–2025) +72% +52% +47%
10 years (2015–2025) +90% +97% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Gladstone next to Delta County, Michigan and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Gladstone $118,600
  • Delta $157,100
  • Michigan $231,600
  • United States $332,700
Typical monthly rent
  • Gladstone $910
  • Delta $692
  • Michigan $1,129
  • United States $1,413
Typical yearly household income
  • Gladstone $54,970
  • Delta $57,809
  • Michigan $72,875
  • United States $80,734
See the full table
Gladstone next to Delta County and Michigan
Measure Gladstone Delta County Michigan U.S.
Typical home value $118,600 $157,100 $231,600 $332,700
Typical monthly rent $910 $692 $1,129 $1,413
Typical yearly household income $54,970 $57,809 $72,875 $80,734
Households that own their home 81% 82% 73% 65%
Typical yearly property tax $1,768 $1,771 $2,904 $3,119
Effective property tax rate 1.49% 1.13% 1.25% 0.94%
Renters with high rent for their income 69% 41% 50% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Delta County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Gladstone

For a typical $118,600 home in Gladstone, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Gladstone's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $1,038a month

    Least cash to close
    Down payment
    $4,151
    Cash to close
    $7,709
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $52

  • Conventional, 5% down $1,016a month

    Down payment
    $5,930
    Cash to close
    $9,488
    Rate
    7.18%
    Mortgage insurance
    PMI · $56

  • Conventional, 20% down, no PMI $839a month

    Down payment
    $23,720
    Cash to close
    $27,278
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $949a month

    Down payment
    $17,790
    Cash to close
    $21,348
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Gladstone and for Delta County.

Property tax

Effective rate in Gladstone

1.49%of the home’s value each year

$1,768 a year for the typical owner in Gladstone.

  • Gladstone 1.49%
  • Delta 1.13%
  • Michigan 1.25%

What Michigan publishes Principal Residence Exemption (PRE) from school operating tax (Michigan Legislature (Michigan Compiled Laws))

Exemptions and deadlines in Michigan

Flood risk in Delta County

FEMA does not publish these numbers by city: they are for all of Delta County.

FEMA’s maps count no homes in the high-risk zone in Delta County. That does not mean it cannot flood: check your address.

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Gladstone

Typical rent in Gladstone is $910 a month: 32% above the county. In Gladstone, 69% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Delta County, by unit size. To pay the 2-bedroom one ($1,014 a month) without spending more than 30% of your income, you would need to earn $19.50 an hour working full time.

HUD fair market rent for all of Delta County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $770 $14.81 $30,800
1 bedroom $775 $14.90 $31,000
2 bedrooms $1,014 $19.50 $40,560
3 bedrooms $1,347 $25.90 $53,880
4 bedrooms $1,688 $32.46 $67,520

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Gladstone

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Gladstone is in ZIP code 49837.

For 2 bedrooms it is $1,120: $106 more than the fair market rent for Delta County ($1,014).

  • 49837 $1,120$1,490

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Gladstone when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Gladstone

HUD lists 4 buildings with rents for lower incomes in Gladstone. These are the largest.

  • Waterview Apartments I 217 Dakota Ave, Gladstone 49837 52 low-income homes · For families
  • Bayview 415 S 4th St, Gladstone 49837 50 low-income homes · Run by Gladstone Housing Commission · Average payment: $429 a month · Average wait: 13 months (906) 428-2215
  • Thorntree Apts 3300 Thorntree Dr, Gladstone 49837 57 homes, 36 low-income · 1 bd: 4 · 2 bd: 37 · 3 bd: 16 · In service since 2001
  • Lakeview Apts (gladstone) 610 Railway Ave, Gladstone 49837 32 homes, 31 low-income · 1 bd: 16 · 2 bd: 15 · In service since 2006 · For families

See all 13 buildings in Delta County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Gladstone

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There is 1 HUD-approved agency with an office in Delta County; none says it serves in Spanish.

A young man and a young woman look something up together on a laptop.

HUD counseling is free or low-cost

Assistance programs in Gladstone

No down payment, repair or rent-help program on our list is for Gladstone or Delta County. The ones below are statewide in Michigan: they work in Gladstone the same as in the rest of the state.

Which programs do I qualify for? All programs in Michigan

  • MI 10K DPA Loan

    Statewide in Michigan

    Michigan state agency loan of up to $10,000, with no interest and no monthly payments, for the down payment, closing costs and prepaid expenses; it goes with MSHDA's MI Home Loan mortgage and is repaid in certain cases, such as when you pay off the first mortgage, sell or refinance the home, or no longer live in it. Offered by Michigan State Housing Development Authority (MSHDA).

    Deferred

    See the program Official page

  • Mortgage Credit Certificate (MCC)

    Statewide in Michigan

    Michigan state authority certificate that lets you take 20% of the interest you pay each year on your mortgage off your federal taxes, for the life of the loan; you apply with an approved lender before you buy. Offered by Michigan State Housing Development Authority (MSHDA).

    Tax credit

    See the program Official page

Housing counselors near Gladstone

The HUD-approved agencies closest to the center of Gladstone, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Legal Services of Northern Michigan, Inc.

    504 Ludington St, Escanaba · 7 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 8 more
    906-786-2303-3

  • Northwest Michigan Community Action Agency, Inc

    3963 3 Mile Rd N, Traverse City · 105 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 9 more
    (231) 947-3780

  • Northern Homes Community Development Corporation

    900 Emmet St, Petoskey · 105 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 5 more
    (231) 582-6244

Every agency in Delta County All counseling agencies in Michigan

Help in Spanish near Gladstone

None of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Gladstone

HUD’s record names them for Gladstone or Delta County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

2 other authorities have an office in Delta County: see the list Source: HUD

Cities

Other cities in Delta County

These cities are also in Delta County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Delta County Housing in Michigan

Nearby cities

The cities closest to Gladstone, with the typical home value.

Neighboring counties

If Delta County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Gladstone.

All guides
A mother holds hands with her two daughters on the beach at sunset.

Questions

Housing questions about Gladstone

Short answers with the numbers for Gladstone and all of Delta County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Gladstone?

The typical home value in Gladstone is $118,600, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Delta County it is $157,100.

How much does it cost to rent in Gladstone?

Typical rent in Gladstone is $910 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Delta County is $1,014.

What is the FHA loan limit in Gladstone?

Gladstone uses the FHA limit for all of Delta County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Gladstone?

The typical homeowner in Gladstone pays $1,768 a year, according to the U.S. Census Bureau. That is 1.49% of the home’s value; in Delta County, the rate is 1.13%.

Where can I find free help to buy or rent in Gladstone?

There is 1 HUD-approved counseling agency with an office in Delta County. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).