Average Rent in Modesto, CA↑ Rents rising 2.5% YoY
HUD FY2025 · Official government data · Updated annually · Metro pop. 552,250
Market Overview
Modesto, CA has rental prices ranging from $1,130/month to $2,549/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $1,209/month — 14% below the national average of $1,400/month. With a median household income of $79,661/year, spending $1,209/month on a 1-bedroom represents 18% of gross income — within the recommended 30% threshold.
How Modesto Compares
With an average 2-bedroom rent of $1,566/month, Modesto ranks #23 most expensive of the 51 cities tracked in California — pricier than 93% of all US cities in our data.
The Modesto Rental Market
The Modesto, CA area has a population of about 552,250 and 39% of households renting rather than owning. That renter share runs above the US average of ~34%, pointing to a competitive rental market where vacancies clear quickly and rents are less negotiable.
Rent Trends
2-bedroom rents in Modesto, CA have risen by $38/month (2.5%) over the past year, from $1,528 to $1,566. This modest growth is consistent with broader inflationary trends seen across US rental markets.
Affordability
To afford a 1-bedroom apartment in Modesto, CA without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $48,360. The local median household income of $79,661 exceeds that threshold by $31,301, making Modesto relatively accessible compared to local wages.
Rent vs. Buy
The median home value in Modesto, CA is $447,871, giving a price-to-rent ratio of 23.8. With a break-even horizon of approximately 24 years, renting is likely the more financially prudent option for most residents unless they plan to stay long-term.
Fair Market Rents
HUD FY2025Is Modesto, CA Affordable?
Income needed to rent or buy, price history, and how this city compares to nearby metros.
Affordability Index(30% income rule)
Nearby Cities in CAlargest metros in the state
| City | Studio | 1BR | 2BR | 3BR | Home Value |
|---|---|---|---|---|---|
| Los Angeles | $1,856 | $2,081 | $2,625 | $3,335 | — |
| Santa Ana | $2,352 | $2,454 | $2,903 | $3,927 | — |
| Oakland | $1,937 | $2,201 | $2,682 | $3,432 | — |
| San Francisco | $2,275 | $2,780 | $3,318 | $4,138 | — |
| Riverside | $1,776 | $1,852 | $2,306 | $3,079 | — |
| San Diego | $2,145 | $2,328 | $2,881 | $3,852 | — |
Rent or Buy in Modesto?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Modesto data
Buying breaks even after 1 year — worth it if you stay 1+ years.
Mortgage Calculator
Estimate monthly payment for $447,871 home at 7% rate
Living in Modesto
Cost of living, job market, crime rates, and moving cost estimates.
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Frequently Asked Questions
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⚖️Rent vs Buy in ModestoIs it cheaper to rent or buy here?
💵Rent Affordability in ModestoSalary needed to afford rent here
🗺️All Cities in CASee how Modesto ranks statewide
⚖️Compare ModestoSide-by-side rent & cost of living with any city
📋CA Tenant RightsDeposit limits, eviction laws & renters protections