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RentData.org Logo Modesto Fair Market Rent FY 2018 Modesto, CA MSA Rental Data

Fair Market Rent Prices in Modesto, CA :
$727 $809 $1,035 $1,478 $1,772
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Expensive 40th Percentile Metro Area

Fair Market Rent prices in Modesto are very high compared to the national average. This FMR area is more expensive than 94% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Modesto is $1,035 per month.

The previous year, rent for a two-bedroom home was $938 per month. This is a 10.34% increase year-over-year.

This FMR rate applies to Westley, CA, Hickman, CA, Crows Landing, CA, Empire, CA, Keyes, CA, Waterford, CA, Hughson, CA, Salida, CA, Patterson, CA, Turlock, CA and other cities within the region. The Metro Code or CBSA code for this region is METRO33700M33700.

Additionally, This Fair Market Rent (FMR) area Modesto, CA MSA spans one county or city in California which is listed in the table below. Estimated population of Modesto, CA MSA FMR area is 514,453 people based on latest Census data.

Compared to the rest of California, the Modesto FMR area is more expensive than 57% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Modesto. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Modesto

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 769
1-BR 1-Bedroom $ 855
2-BR 2-Bedroom $ 1094
3-BR 3-Bedroom $ 1562
4-BR 4-Bedroom $ 1873
Change Year:

There is just one county (listed below) within the Modesto, CA MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Sacramnto - Stktn - Modesto.

County / Region Est. Population
Stanislaus County, CA Metro 514,453
Zip Codes in Modesto, CA MSA

There are 22 unique zip codes in this Fair Market Rent (FMR) area:

95307, 95313, 95319, 95323, 95326, 95328, 95350, 95351, 95352, 95353, 95354, 95355, 95356, 95357, 95358, 95363, 95368, 95381, 95382, 95386, 95387 and 95397

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