Modesto
California · Ranked #251 of 373 metros
65Moderate
💡
Housing in Modesto costs 5.52× the median income, above the national average of 4.5×. The median home price is $457K and median rent is $1,595/month. Modesto ranks #251 of 373 metros for affordability.
Median Home Price
🏠$457K
Need $135K income
Median Rent
🔑$1,595
Need $64K income
Building Permits
🔨902
annual
Median Income
💰$83K
Pop: 453,255
Rent Burden
⚠️24.5%
of renters paying >30%
Homeownership
🏡61.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Modesto | National |
|---|---|---|
| Price-to-Income Ratio | 5.52x | 6.1x |
| Rent Burden | 24.5% | 31.5% |
| Homeownership Rate | 61.0% | 65.5% |
| YoY Rent Change | 0% | +2.8% |
| Mortgage Denial Rate | 0.0% | 13.5% |
| Eviction Rate | 0.0% | 3.6% |
House Price Index (2000–2025)
FHFA All-Transactions HPI
Since 2019: +47.8%Since 2000: +209%
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$1,255/mo
1 Bedroom$1,356/mo
2 Bedroom$1,758/mo
3 Bedroom$2,442/mo
4 Bedroom$2,823/mo
Zillow Market Data
Home Value (ZHVI)
$462K
1yr: -0.9%5yr: +22.8%
Rent (ZORI)
$2,061/mo
1yr: +2.0%5yr: +29.1%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$455K
Active Inventory
695
Days on Market
35
Sold Above List
43.7%
Price Drops
26.2%