Modesto, CA Rental Market Trends
Highlights
The average rent for an apartment in Modesto is $1,281, a 6% increase compared to the previous year.
Average Rent in Modesto, CA
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,281 | 6% | 783 sq. ft. |
The average size for a Modesto, CA apartment is 783 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Modesto, CA Apartment Rent Ranges
- $701-$1,00013%
- $1,001-$1,50069%
- $1,501-$2,00018%
Modesto, CA Occupied Housing Units
- Renter-occupied Households30%
- Owner-occupied Households69%
21,865 or 30% of the households in Modesto, CA are renter-occupied while 50,241 or 69% are owner-occupied.
Modesto, CA Rent Trends
| Average Rent | Nov / 2016 | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Feb / 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Modesto, CA | $1,046 | $1,079 | $1,092 | $1,141 | $1,154 | $1,155 | $1,193 | $1,205 | $1,223 | $1,265 | $1,281 |
| National | $1,340 | $1,337 | $1,368 | $1,371 | $1,374 | $1,408 | $1,417 | $1,422 | $1,458 | $1,466 | $1,468 |
Average Rent in Modesto, CA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Modesto City | $1,281 |
How Modesto Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Los Angeles | $2,524 | 2% |
| San Francisco | $3,629 | n/a |
| East Bay | $2,363 | 2% |
| San Diego | $2,237 | 4% |
| Long Beach | $2,106 | 5% |
| San Jose | $2,790 | 3% |
| Stockton | $1,216 | 6% |
| Modesto | $1,281 | 6% |
| Turlock | $1,302 | 8% |
| Manteca | $1,606 | 7% |
| Tracy | $1,948 | 1% |
For more information about the Modesto rental trends, check out our monthly rent report
Check out California Cities, California Neighborhoods and California Zip Codes for more details on verified listings, including the California Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!