Can A Financial Analyst Afford Rent in Modesto, CA?

Comfortably affordable — rent takes 19.5% of gross income.

Modesto rent: June 2026. Salary: BLS OEWS May 2024 (California state estimate).

Modesto median rent
$1,986/mo
Financial Analyst salary (California)
$121,941/yr
Rent as % of income
19.5%
Gross monthly income works out to about $10,162, and the 30% rule supports up to $3,049/mo in rent. Modesto's median rent of $1,986 leaves roughly $1,063/mo of headroom under that threshold. A financial analyst works roughly 33.9 hours a month to cover that rent.

About rent and a financial analyst salary

Financial analyst pay covers comfortable rent in most US cities. At the national-average financial-analyst salary, the 30% rule supports about $2,584 a month in rent, which is above the median in nearly every metro tracked here.

Cheaper rent nearby

These California cities have lower median rent than Modesto, which improves the affordability math on a financial analyst salary:

Huntington Park, CA
$1,985/mo (19.5% of income)
Huntington Park, CA
$1,985/mo (19.5% of income)
Ceres, CA
$1,985/mo (19.5% of income)

Compare with full rent data for Modesto

View full rent data for Modesto, CA

Frequently asked questions

Can a financial analyst afford rent in Modesto, CA?

Median rent in Modesto is $1,986 a month. A typical financial analyst in California earns about $121,941 a year, which makes that rent 19.5% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a financial analyst afford in Modesto?

Using the 30% rule, a financial analyst salary in California (~$121,941/yr) supports up to $3,049 a month in rent. Modesto's current median rent is $1,986/mo, which leaves a $1,063/mo buffer.

How many hours does a financial analyst work to cover rent in Modesto?

At an hourly equivalent of about $59 an hour, a financial analyst in California works roughly 33.9 hours a month to cover Modesto's median rent of $1,986.

Where is rent cheaper than Modesto for a financial analyst?

Nearby California cities with lower median rent include Huntington Park ($1,985/mo), Huntington Park ($1,985/mo), Ceres ($1,985/mo). Each shifts the affordability math materially on a financial analyst salary.

Methodology: Salary uses the BLS-derived California state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Modesto, CA. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.