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These days, finding an affordable place to live in the Cypress Gardens area can be challenging. Home prices in Cypress Gardens are now at a median cost of $286,732, lower than the Florida average of $396,783.
The average cost of rent is $1,344/mo in Cypress Gardens, primarily driven by the current value of real estate in the Cypress Gardens area. In Cypress Gardens, 22.64% of households rent, and 43.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cypress Gardens is $6,496 per month. Households that rent pay about 20.69% of their income on rent here. Cypress Gardens’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Winter Haven, FL: less expensive homes
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- Lake Alfred, FL: less expensive homes
- Haines City, FL: equally priced homes
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Cities with Similar Populations
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- New Baltimore, VA: higher priced homes
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- New London, WI: less expensive homes
- Newalla, OK: less expensive homes
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