Cypress-Riverside renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Cypress-Riverside is about $1,489 per month. This puts it in the 22nd percentile compared to the city average cost of rent, which is $1,555. Households in Cypress-Riverside have a median income of $5,350 per month so the average renter in Cypress-Riverside is spending roughly 28% of their earnings on housing.
Nationally, and in Cypress-Riverside, home values are the data point most closely correlated with the cost of rent. The median price of a home in Cypress-Riverside is $263,046 right now, which is lower than nearby neighborhoods, meaning that rents in Cypress-Riverside also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the eastern parts of Cypress-Riverside while lower rent rates are often available in northern areas.
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