Modesto, CA has a population of 210,166, while the median age is 35. The household income in Modesto, CA is around $54,024. The homeownership rate among the residents is 55%. The median residential property value in Modesto, CA that you should keep in mind is $236,200.
Population | 210,166 |
Median Age | 35.3 |
Poverty Rate | 17% |
Household Income | $54,024 |
Number Of Employees | 86,370 |
Median Property Value | $236,200 |
Rent Price |
May | vs Last Month |
---|---|---|
Studio apartments | $3,090 | -3.2% |
1-bed apartments | $1,338 | -27.4% |
2-bed apartments | $1,852 | -49.4% |
3-bed apartments | $821 | -86.3% |
4+ bed apartments | $3,334 | -65.2% |
Over the May 2023, the average rent for an apartment in/near Modesto, CA decreased by 63.2% to $1,881.
Compared to the last month, the average price for a rental studio in Modesto, CA has decreased by 3.2%. You can expect to rent the studio for $3,090 on average this month. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 27.4% to $1,338. Pricing for 2-bed apartment also decreased by 49.4% and a place of this size will now cost you $1,852. 3-bed apartment rent pricing starts at $821, it decreased by 86.3% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 65.2% and made it down to $3,334.
Rent Type Price |
May | vs Last Month |
---|---|---|
Condos for rent | $1,363 | -57.9% |
Apartments for rent | $2,030 | -33.8% |
Rooms for rent | $812 | -1.7% |
Houses for rent | $2,350 | -63.9% |
Townhouses for rent | $3,050 | N/A |
The median rent for an apartment in Modesto, CA decreased by 33.8% to $2,030. Statistics show that house rent price decreased by 63.9% this month making it up to $2,350. Condos faced an upward trend these days. The median rent for a condo decreased by 57.9%, it’s now available for $1,363. An average room will now go for $812, the median rent price for a room decreased by 1.7%. Townhouse rent pricing didn’t change, the price still starts at $3,050.