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The phrase "a modest rate of" is correct and usable in written English.
It can be used when discussing a level or amount that is considered reasonable or moderate, often in contexts like finance, growth, or pricing.
Example: "The company reported a modest rate of growth this quarter, indicating steady progress."
Alternatives: "a reasonable level of" or "a moderate amount of".
Exact(29)
"If businesses continue to grow at a modest rate of 3percentt a year," he added, "that will generate a demand for 360,000 square feet a year".
The capital is recycled over a five year period and offers our investors a modest rate of return.
They would represent a modest rate of return — if it were what you received after an entire year.
Prices will start rising again towards the end of next year and into 2018, but at a modest rate of 2%.
So far, the private sector, and particularly consumer spending, has managed to make up the gap, and a modest rate of G.D.P. growth has been sustained.
Valued at the US minimum wage, with a modest rate of interest, that's worth $97trn – more than the entire global GDP.
Similar(31)
Simon Francis is their highest rated player, having gained a modest rating of 7.11.
A modest rate (40%) of usage of the frequently recommended monthly breast checking was reported overall, which remained stable over time, irrespective of the type of cancer risk.
ITS substitution rates in 16 phylogenetically-independent comparisons of annual and perennial taxa and from the combination of nuclear loci and chloroplast genome regions in annual and perennial Arabidopsis suggest a modest rate acceleration of less than 2-fold in annuals.
Using a more modest rate of 30%, his model puts a $5valuation on the stockstill 21/2 times today's price.
In this case, though, a pretty modest rate of growth has been associated with a substantial drop in unemployment.
More suggestions(18)
a marginal rate of
a modest price of
a conservative rate of
a modest level of
a minimal rate of
a meager rate of
a modest rating of
a simple rate of
a modest ratio of
a modest coefficient of
a modest proportion of
a limited rate of
a modest prevalence of
a modest incidence of
a modest percentage of
a low rate of
a negative rate of
a modest crowd of
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com