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Airbnb City Guide: The Best Places To Invest in Modesto, California
2024-04-22T19:30:43.803Z
![Housing estate construction in Modesto](https://cdn.sanity.io/images/fud515dx/production/5a7ca791f34d93fcb5a2dde732dcfd0abd2710de-1920x1440.jpg)
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Airbnb Rules and Regulations in Modesto, California
As of 2024, Modesto, California, has implemented comprehensive regulations for short-term rentals like those listed on different booking platforms to balance the interests of hosts, guests, and the community. Hosts are required to obtain a permit from the city and comply with occupancy limits, parking requirements, and noise restrictions. The city has also introduced zoning regulations, limiting the number of short-term rentals allowed in certain residential areas to preserve neighborhood character and housing availability.
Hosts must collect and remit transient occupancy taxes, which help fund city services and infrastructure. To ensure guest safety, the city mandates that all short-term rentals meet specific fire, health, and building codes. While navigating the regulatory landscape may seem challenging, the city has provided resources and support to help hosts understand and comply with the rules. By operating responsibly and in accordance with local regulations, Airbnb hosts can contribute to Modesto's thriving tourism industry while being good neighbors and community members.
Modesto Airbnb Market Data:
- Average Revenue – $27.3K per year
- Average Daily Rate – $133.6 per night
- Average Occupancy Rate – 56%
- Average RevPAR – $75.1
- Average Home Prices – $443,984
1. Top Place to Invest in Modesto, California - Central
Central Modesto, the vibrant heart of Stanislaus County, has emerged as a promising investment opportunity for Airbnb and short-term rental investors. With its diverse mix of residential and commercial properties, convenient location, and proximity to local attractions, Central Modesto offers a unique blend of urban amenities and small-town charm.
Central Airbnb Market Data:
- Average Revenue – $29.2K per year
- Average Daily Rate – $140.4 per night
- Average Occupancy Rate – 57%
- Average RevPAR – $81.6
Convenience - 9/10
One of Central Modesto's greatest strengths is its exceptional convenience. The neighborhood boasts a wide array of shops, restaurants, cafes, and services within walking distance, making it easy for residents and visitors to access daily necessities without relying on a car. The nearby Modesto Transportation Center provides easy access to public transit, while the proximity to Highway 99 and Highway 132 ensures quick travel to other parts of the city and beyond.
Tourist Attractions - 7/10
While Central Modesto itself may not be a primary tourist destination, its location near several popular attractions enhances its appeal to short-term rental investors. The Gallo Center for the Arts, a world-class performing arts venue, is just a short walk away. The McHenry Museum and Mansion, which showcase the city's rich history, are also nearby. Additionally, Central Modesto's proximity to downtown provides easy access to a range of local cultural events, festivals, and farmers markets throughout the year.
Things to Do - 8/10
Central Modesto offers a variety of entertainment options and recreational activities for residents and visitors alike. The neighborhood is home to several parks, including Graceada Park and Enslen Park, which offer playgrounds, picnic areas, and green spaces for outdoor enjoyment. The Modesto Certified Farmers Market, held weekly, is a popular destination for fresh produce, artisanal goods, and live music. The State Theatre, a historic venue, hosts a diverse range of films, performances, and community events.
Average Home Prices - 7/10
According to Zillow data, the typical home value in Central Modesto, as of 2024, is around $350,000. This represents a modest 3.8% increase over the past year, indicating a stable and growing housing market. While home prices in Central Modesto may be slightly higher than some other neighborhoods in the city, the area's strong rental demand, diverse property types, and potential for appreciation make it an attractive option for Airbnb and short-term rental investors.
Proximity to Work-Related Travel - 8/10
Central Modesto's location near the city center makes it convenient for work-related travel. The neighborhood is within a 5-10 minute drive of major employers, including Modesto City Hall, Stanislaus County offices, and the Modesto Police Department. Doctors Medical Center and Memorial Medical Center are also easily accessible. The Modesto Centre Plaza, which hosts conventions, trade shows, and other events, is just a short walk from Central Modesto.
X-Factor - 8/10
What sets Central Modesto apart is its unique blend of historic charm, cultural diversity, and community spirit. The neighborhood features a mix of architectural styles, from historic Victorians to modern apartments, creating a visually interesting streetscape. Central Modesto's vibrant arts scene, exemplified by the Gallo Center and the monthly Art Walk, adds to its appeal. The tight-knit community, with its active neighborhood associations and regular events, fosters a welcoming atmosphere for residents and visitors alike.
2. Top Place to Invest in Modesto, California - Bret Harte
Bret Harte, a historic neighborhood in southeast Modesto, has emerged as a hidden gem for aspiring Airbnb investors. With its charming architecture, tree-lined boulevards, and proximity to local attractions, Bret Harte offers a unique blend of nostalgia and modern comforts that appeals to both residents and visitors alike.
Bret Harte Airbnb Market Data:
- Average Revenue – $25.8K per year
- Average Daily Rate – $117.6 per night
- Average Occupancy Rate – 60%
- Average RevPAR – $69.7
Convenience - 8/10
One of Bret Harte's greatest strengths is its convenient location. Situated near the heart of Modesto, the neighborhood provides easy access to a wide range of amenities, including grocery stores, pharmacies, and local shops. Residents can also enjoy the nearby Enslen Park, Graceada Park, and John Muir Park, which offer ample opportunities for outdoor recreation. The neighborhood's proximity to Modesto Junior College and the State Theatre of Modesto adds to its appeal for short-term rental investors.
Tourist Attractions - 6/10
While Bret Harte itself may not be a primary tourist destination, its location near several popular Modesto attractions enhances its appeal for Airbnb investors. The McHenry Museum, which showcases the city's rich history, is just a short drive away. Visitors can also explore the vibrant arts scene at the nearby Gallo Center for the Arts or catch a minor league baseball game at John Thurman Field. The neighborhood's central location provides easy access to other Modesto landmarks and events throughout the year.
Things to Do - 7/10
Bret Harte offers a variety of community events and outdoor activities that cater to different interests. The neighborhood is home to several parks, including Bret Harte Park, which features playgrounds, picnic areas, and open green spaces for residents to enjoy. The nearby Modesto Certified Farmers Market, held weekly, is a popular destination for fresh produce, artisanal goods, and live music. Bret Harte Elementary School also hosts various community events throughout the year, fostering a strong sense of neighborhood pride.
Average Home Prices - 7/10
According to Zillow data, the typical home value in Bret Harte, Modesto, as of 2024, is around $338,493. This represents a modest appreciation rate of 3.8% over the past year, indicating a stable and growing housing market. While home prices in Bret Harte may be slightly higher than some other Modesto neighborhoods, the area's desirable location, well-maintained properties, and potential for steady returns make it an attractive option for Airbnb and short-term rental investors.
Proximity to Work-Related Travel - 7/10
Bret Harte's location in southeast Modesto provides reasonable access to major work-related destinations. The neighborhood is within a 15-minute drive of downtown Modesto, which is home to numerous businesses and government offices. Nearby healthcare facilities, such as Doctors Medical Center and Memorial Medical Center, are also easily accessible. For those traveling further afield, the Modesto City-County Airport is just a 20-minute drive from Bret Harte.
X-Factor - 8/10
What sets Bret Harte apart is its unique blend of historic charm and community spirit. The neighborhood's well-preserved homes, many dating back to the early 20th century, create a visually appealing and inviting atmosphere. Bret Harte's tight-knit community, fostered by active neighborhood associations and regular events, adds to its desirability for both residents and visitors. As more people discover the hidden gems of Bret Harte, the area is poised for continued growth and investment potential, particularly in the short-term rental market.
3. Top Place to Invest in Modesto, California - Beyer Park
Beyer Park, a charming residential neighborhood in northeast Modesto, has emerged as a promising investment opportunity for Airbnb and short-term rental investors. With its well-maintained homes, tree-lined streets, and proximity to local amenities, Beyer Park offers a perfect blend of suburban tranquility and urban convenience.
Beyer Park Airbnb Market Data:
- Average Revenue – $22.3K per year
- Average Daily Rate – $115.1 per night
- Average Occupancy Rate – 53%
- Average RevPAR – $60.9
Convenience - 8/10
One of Beyer Park's greatest strengths is its convenient location. The neighborhood is situated near major thoroughfares, such as McHenry Avenue and Oakdale Road, providing easy access to shopping centers, restaurants, and local businesses. Residents can also enjoy the nearby Beyer Community Park, which offers ample opportunities for outdoor recreation. The neighborhood's proximity to Modesto Junior College and California State University, Stanislaus, adds to its appeal for short-term rental investors.
Tourist Attractions - 6/10
While Beyer Park itself may not be a primary tourist destination, its location near several popular Modesto attractions enhances its appeal for Airbnb investors. The McHenry Mansion, a beautifully restored Victorian-era home, is just a short drive away. Visitors can also explore the vibrant arts scene at the nearby Gallo Center for the Arts or take a stroll through the picturesque Graceada Park. The neighborhood's central location provides easy access to other Modesto landmarks and events throughout the year.
Things to Do - 7/10
Beyer Park offers a variety of community events and outdoor activities that cater to different interests. The neighborhood is home to Beyer Community Park, which features playgrounds, picnic areas, sports fields, and a swimming pool for residents to enjoy. The nearby Virginia Corridor, a popular walking and biking trail, provides a scenic route for outdoor enthusiasts. Beyer High School also hosts various community events throughout the year, fostering a strong sense of neighborhood pride.
Average Home Prices - 7/10
According to Zillow data, the typical home value in Beyer Park, Modesto, as of 2024, is around $425,000. This represents a modest appreciation rate of 3.5% over the past year, indicating a stable and growing housing market. While home prices in Beyer Park may be slightly higher than some other Modesto neighborhoods, the area's desirable location, well-maintained properties, and potential for steady returns make it an attractive option for Airbnb and short-term rental investors.
Proximity to Work-Related Travel - 7/10
Beyer Park's location in northeast Modesto provides reasonable access to major work-related destinations. The neighborhood is within a 15-20 minute drive of downtown Modesto, which is home to numerous businesses and government offices. Nearby healthcare facilities, such as Kaiser Permanente Modesto Medical Center and Sutter Health Memorial Medical Center, are also easily accessible. For those traveling further afield, the Modesto City-County Airport is just a 25-minute drive from Beyer Park.
X-Factor - 8/10
What sets Beyer Park apart is its strong sense of community and family-friendly atmosphere. The neighborhood's well-maintained homes, spacious yards, and quiet streets create a welcoming environment for residents and visitors alike. Beyer Park's active neighborhood association and regular community events, such as block parties and holiday celebrations, foster a tight-knit and supportive community. As more people seek out the comfort and convenience of suburban living while still being close to urban amenities, Beyer Park is poised for continued growth and investment potential in the short-term rental market.
4. Top Place to Invest in Modesto, California - McHenry
McHenry, a vibrant and bustling neighborhood in central Modesto, has emerged as a top investment opportunity for Airbnb and short-term rental investors. With its diverse mix of residential and commercial properties, convenient location, and proximity to local attractions, McHenry offers a unique blend of urban amenities and community charm.
McHenry Airbnb Market Data:
- Average Revenue – $28.5K per year
- Average Daily Rate – $156.1 per night
- Average Occupancy Rate – 50%
- Average RevPAR – $78.3
Convenience - 9/10
One of McHenry's greatest strengths is its exceptional convenience. The neighborhood is situated along McHenry Avenue, one of Modesto's main thoroughfares, providing easy access to a wide array of shops, restaurants, cafes, and services. Residents can also enjoy the nearby Modesto Junior College and the Vintage Faire Mall, which offer ample opportunities for education and retail therapy. The neighborhood's proximity to Highway 99 ensures quick travel to other parts of the city and beyond.
Tourist Attractions - 7/10
While McHenry itself may not be a primary tourist destination, its location near several popular Modesto attractions enhances its appeal for short-term rental investors. The McHenry Mansion, a beautifully restored Victorian-era home, is a must-see for history buffs. Visitors can also explore the vibrant arts scene at the nearby Gallo Center for the Arts or take a stroll through the picturesque Graceada Park. The neighborhood's central location provides easy access to other Modesto landmarks and events throughout the year.
Things to Do - 8/10
McHenry offers a variety of entertainment options and recreational activities for residents and visitors alike. The neighborhood is home to several parks, including Graceada Park and Enslen Park, which offer playgrounds, picnic areas, and green spaces for outdoor enjoyment. The Modesto Certified Farmers Market, held weekly, is a popular destination for fresh produce, artisanal goods, and live music. The State Theatre, a historic venue, hosts a diverse range of films, performances, and community events.
Average Home Prices - 7/10
According to Zillow data, the typical home value in McHenry, Modesto, as of 2024, is around $380,000. This represents a modest appreciation rate of 3.6% over the past year, indicating a stable and growing housing market. While home prices in McHenry may be slightly higher than some other Modesto neighborhoods, the area's strong rental demand, diverse property types, and potential for steady returns make it an attractive option for Airbnb and short-term rental investors.
Proximity to Work-Related Travel - 8/10
McHenry's central location makes it convenient for work-related travel. The neighborhood is within a 5-10 minute drive of major employers, including Modesto City Hall, Stanislaus County offices, and the Modesto Police Department. Doctors Medical Center and Memorial Medical Center are also easily accessible. The Modesto Centre Plaza, which hosts conventions, trade shows, and other events, is just a short drive from McHenry.
X-Factor - 8/10
What sets McHenry apart is its unique blend of urban convenience and community spirit. The neighborhood features a mix of architectural styles, from historic homes to modern apartments, creating a visually interesting streetscape. McHenry's vibrant atmosphere, exemplified by its bustling commercial corridor and regular community events, adds to its appeal. The tight-knit community, with its active neighborhood associations and a strong sense of pride, fosters a welcoming environment for residents and visitors alike.
5. Top Place to Invest in Modesto, California - Rouse
Rouse, a charming and peaceful neighborhood in northeast Modesto, has emerged as a hidden gem for Airbnb and short-term rental investments. With its well-maintained homes, tree-lined streets, and proximity to local amenities, Rouse offers a perfect blend of suburban tranquility and urban convenience.
Rouse Airbnb Market Data:
- Average Revenue – $27.6K per year
- Average Daily Rate – $132.5 per night
- Average Occupancy Rate – 57%
- Average RevPAR – $76.5
Convenience - 7/10
Rouse's location in northeast Modesto provides a moderate level of convenience for residents and visitors. While not as centrally located as some other neighborhoods, Rouse still offers easy access to essential amenities like grocery stores, pharmacies, and local shops. The nearby Vintage Faire Mall and McHenry Avenue commercial corridor provide additional shopping and dining options. The neighborhood's proximity to Highway 99 ensures relatively quick travel to other parts of the city and beyond.
Tourist Attractions - 5/10
As a primarily residential neighborhood, Rouse itself does not boast many tourist attractions. However, its location near several popular Modesto destinations enhances its appeal for short-term rental investors. The McHenry Mansion, a beautifully restored Victorian-era home, is just a short drive away. Visitors can also explore the vibrant arts scene at the nearby Gallo Center for the Arts or take a stroll through the picturesque Graceada Park. The neighborhood's proximity to downtown Modesto provides easy access to other landmarks and events throughout the year.
Things to Do - 6/10
Rouse offers a variety of outdoor activities and community events that cater to different interests. The neighborhood is home to several parks, including Chrysler Park and Ustach Park, which feature playgrounds, picnic areas, and open green spaces for residents to enjoy. The nearby Virginia Corridor, a popular walking and biking trail, provides a scenic route for outdoor enthusiasts. Rouse Elementary School also hosts various community events throughout the year, fostering a strong sense of neighborhood pride.
Average Home Prices - 8/10
According to Zillow data, the typical home value in Rouse, Modesto, as of 2024, is around $450,000. This represents a steady appreciation rate of 4.2% over the past year, indicating a stable and growing housing market. While home prices in Rouse may be higher than some other Modesto neighborhoods, the area's desirable location, well-maintained properties, and potential for strong returns make it an attractive option for Airbnb and short-term rental investors.
Proximity to Work-Related Travel - 6/10
Rouse's location in northeast Modesto may be less convenient for work-related travel compared to more central neighborhoods. However, the area is still within a 20-25 minute drive of downtown Modesto, which is home to numerous businesses and government offices. Nearby healthcare facilities, such as Kaiser Permanente Modesto Medical Center and Sutter Health Memorial Medical Center, are also accessible. For those traveling further afield, the Modesto City-County Airport is approximately a 30-minute drive from Rouse.
X-Factor - 8/10
What sets Rouse apart is its strong sense of community and family-friendly atmosphere. The neighborhood's well-maintained homes, spacious yards, and quiet streets create a welcoming environment for residents and visitors alike. Rouse's active neighborhood association and regular community events, such as block parties and holiday celebrations, foster a tight-knit and supportive community. As more people seek out the comfort and privacy of suburban living while still being close to urban amenities, Rouse is poised for continued growth and investment potential in the short-term rental market.
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Reveal your property’s rental profitability
Buy this property and list it on Airbnb.