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These days, finding an affordable place to live in the Gladstone area can be challenging. Home prices in Gladstone are now at a median cost of $212,854, lower than the New Mexico average of $265,486.
The average cost of rent is $706/mo in Gladstone, primarily driven by the current value of real estate in the Gladstone area. In Gladstone, 25.44% of households rent, and 72.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gladstone is $5,339 per month. Households that rent pay about 13.23% of their income on rent here. Gladstone’s most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sofia, NM: less expensive homes
- Taylor Springs, NM: higher priced homes
- Springer, NM: less expensive homes
- Thomas, NM: higher priced homes
- Miami, NM: higher priced homes
- Clayton, NM: less expensive homes
- Texline, TX: less expensive homes
- Ocate, NM: equally priced homes
- Val Verde, NM: higher priced homes
- Lake View Pines, NM: higher priced homes
Cities with Similar Populations
- Lucca, ND: less expensive homes
- Logandale, NV: higher priced homes
- Logton, AL: less expensive homes
- Lolo Hot Springs, MT: higher priced homes
- Loma Linda East, TX: less expensive homes
- Lonerock, OR: less expensive homes
- Longbottom, VA: equally priced homes
- Longview, MO: less expensive homes
- Lordville, NY: less expensive homes
- Lorraine, TN: less expensive homes
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