Mortgage Rates in Gladstone, MissouriMarch 2026

Updated March 2026 | Based on Gladstone market data and regional lending conditions

30-Year Fixed
6.9%
15-Year Fixed
6.11%
Median Home Price
$188,000
Est. Monthly Payment
$1,138

Gladstone is a growing city in Missouri with a population of 27,246. The current 30-year fixed mortgage rate in Gladstone is 6.9%, which is 0.25% above the national average. With a median home price of $188,000 and a 20% down payment of $37,600, homebuyers can expect a monthly principal and interest payment of approximately $991.

Current Mortgage Rates in Gladstone, MO

Below are the current average mortgage rates available in the Gladstone area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.

Loan TypeRateNational AvgDifference
30-Year Fixed6.9%6.65%+0.25%
15-Year Fixed6.11%5.89%+0.22%
5/1 ARM6.34%6.15%+0.19%
FHA6.57%6.25%+0.32%
VA6.32%6.05%+0.27%
Jumbo7.15%6.85%+0.3%

Gladstone Housing Market Overview

The Gladstone housing market offers relatively affordable housing compared to many major cities. The median household income in Gladstone is $56,600, and the cost of living index is 80.1 (national average = 100). Based on the 28% affordability rule, the median income in Gladstone is sufficient to afford the median-priced home.

Population
27,246
Median Income
$56,600
Property Tax Rate
0.94%
Cost of Living
80.1
Down Payment (20%)
$37,600
Income Needed
$48,771

Monthly Payment Breakdown for Gladstone

Based on the median home price of $188,000 with 20% down ($37,600), here is what you can expect to pay monthly in Gladstone:

Principal & Interest (30-yr at 6.9%)$991
Property Tax$147
Estimated Insurance$47
Total Estimated Monthly$1,185

15-Year vs. 30-Year Mortgage in Gladstone

Choosing a 15-year mortgage in Gladstone at 6.11% instead of a 30-year at 6.9% would save you $126,720 in total interest over the life of the loan. However, your monthly payment would be $1,278 instead of $991 — an increase of $287 per month.

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Frequently Asked Questions About Mortgages in Gladstone

What are the current mortgage rates in Gladstone, MO?

As of March 2026, the average 30-year fixed mortgage rate in Gladstone, Missouri is 6.9%, while the 15-year fixed rate is 6.11%. FHA loans average 6.57% and VA loans 6.32%. These rates are 0.25% above the national average of 6.65%.

How much is a monthly mortgage payment in Gladstone?

Based on the median home price of $188,000 with 20% down, the estimated monthly mortgage payment in Gladstone is $991 for principal and interest. Including property taxes of $147/month, the total monthly housing cost is approximately $1,138.

What income do I need to buy a home in Gladstone?

Using the 28% rule, you would need an annual income of approximately $48,771 to afford the median-priced home in Gladstone at $188,000. The median household income in Gladstone is $56,600. The median income is currently sufficient to meet this threshold.

Is Gladstone a good place to buy a home in 2026?

Gladstone offers a below-average cost of living with a cost of living index of 80.1 (national average = 100). The property tax rate in Missouri is 0.94%, which is near the national average. Gladstone has a population of 27,246 and offers a very affordable lifestyle.

Mortgage Rates in Other Missouri Cities

Kansas City, MO
6.73% | $215,000
Springfield, MO
6.73% | $195,000
Columbia, MO
6.73% | $235,000
St. Louis, MO
6.73% | $165,000
Independence, MO
6.73% | $175,000

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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Gladstone, Missouri area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.