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These days, finding an affordable place to live in the Cedar Park area can be challenging. Home prices in Cedar Park are now at a median cost of $524,207, higher than the Texas average of $322,096.
The average cost of rent is $2,071/mo in Cedar Park, primarily driven by the current value of real estate in the Cedar Park area. In Cedar Park, 35.56% of households rent, and 29.53% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cedar Park is $11,540 per month. Households that rent pay about 17.94% of their income on rent here. Cedar Park’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Jollyville, TX: less expensive homes
- Leander, TX: equally priced homes
- White Stone, TX: higher priced homes
- Brushy Creek, TX: equally priced homes
- Jonestown, TX: equally priced homes
- Volente, TX: higher priced homes
- Marshall Ford, TX: higher priced homes
- Round Rock, TX: less expensive homes
- Wells Branch, TX: less expensive homes
- Lago Vista, TX: less expensive homes
Cities with Similar Populations
- Birmingham, AL: less expensive homes
- Brick, NJ: less expensive homes
- Brooklyn, NY: higher priced homes
- Arlington, TX: less expensive homes
- Albany, GA: less expensive homes
- Alhambra, CA: higher priced homes
- Baton Rouge, LA: less expensive homes
- Augusta, GA: less expensive homes
- Aurora, CO: equally priced homes
- Alameda, CA: higher priced homes
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