Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Cypress Park area can be challenging. Home prices in Cypress Park are now at a median cost of $936,938, higher than the Los Angeles average of $909,324.
The average cost of rent is $1,889/mo in Cypress Park, primarily driven by the current value of real estate in the Cypress Park area. In Cypress Park, 54.97% of households rent, and 43.15% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cypress Park is $7,425 per month. Households that rent pay about 25.45% of their income on rent here. Cypress Park’s most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Mount Washington, Los Angeles, CA: higher priced homes
- Glassell Park, Los Angeles, CA: equally priced homes
- Montecito Heights, Los Angeles, CA: less expensive homes
- Echo Park, Los Angeles, CA: higher priced homes
- Lincoln Heights, Los Angeles, CA: less expensive homes
- Eagle Rock, Los Angeles, CA: higher priced homes
- Highland Park, Los Angeles, CA: higher priced homes
- Chinatown, Los Angeles, CA: less expensive homes
- Adams Hill, Glendale, CA: equally priced homes
- Silver Lake, Los Angeles, CA: higher priced homes
Neighborhoods with Similar Populations
- Winter Hill, Somerville, MA: less expensive homes
- Sherwood Manor, Stockton, CA: less expensive homes
- Ridgeland, Oak Park, IL: less expensive homes
- Seacliff, San Francisco, CA: higher priced homes
- Hillsdale, San Mateo, CA: higher priced homes
- Savage-Guilford, Laurel, MD: less expensive homes
- Hollywood Riviera, Redondo Beach, CA: higher priced homes
- Rock Creek, Little Rock, AR: less expensive homes
- Rock Creek, Clackamas, OR: less expensive homes
- Hyde Park, Cincinnati, OH: less expensive homes
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