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These days, finding an affordable place to live in the Cypress area can be challenging. Home prices in Cypress are now at a median cost of $131,048, lower than the Florida average of $396,783.
The average cost of rent is $879/mo in Cypress, primarily driven by the current value of real estate in the Cypress area. In Cypress, 18.01% of households rent, and 60.34% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cypress is $4,683 per month. Households that rent pay about 18.76% of their income on rent here. Cypress’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Grand Ridge, FL: equally priced homes
- Marianna, FL: higher priced homes
- Greenwood, FL: higher priced homes
- Lovedale, FL: equally priced homes
- Sneads, FL: equally priced homes
- Kynesville, FL: higher priced homes
- Hardin Heights, FL: less expensive homes
- River Junction, FL: equally priced homes
- Jacobs, FL: less expensive homes
- Chattahoochee, FL: less expensive homes
Cities with Similar Populations
- Simpson, NC: higher priced homes
- Bradford, NH: higher priced homes
- Brook, IN: higher priced homes
- Calmar, IA: higher priced homes
- Calumet, OK: higher priced homes
- Calverton Park, MO: higher priced homes
- Waelder, TX: higher priced homes
- Carson, MS: less expensive homes
- Cross Plains, TX: less expensive homes
- St. John, KS: less expensive homes
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