Cypress, California Housing Market Prices
Cypress Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 140% above the California median$1,561,146
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Median rent 20% above the California median$2,451
Housing Market Overview
| Metric | Cypress | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $1,561,146 | $650,794 | $248,835 |
| Price Trend (Annual %) | 20.4% | 8.9% | 7.5% |
| Median Gross Rent | $2,451 | $2,036 | $1,407 |
| Rent Trend (Annual %) | 4.9% | 5.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Cypress is about 140% higher than in California. Rent is about 20% higher than the California average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Cypress, up about 20.4% and 4.9% a year respectively. Home prices are changing faster.
Median rent in Cypress rose about 50.9% between 2015 and 2024, from $1,624 to $2,451. Over the same span, rent in California rose about 62.2%.
Affordability
On average, housing unit costs 12.0 yearly household incomes in Cypress.
Buying the median-priced home in Cypress costs roughly 53.1 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Cypress. The price-to-rent ratio in California is about 26.6.
| Metric | Cypress | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $1,561,146 | $650,794 | $248,835 |
| Median Household Income | $130,568 | $99,161 | $80,455 |
| Price-to-Income Ratio | 12.0 | 6.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Cypress rose about 300.8%, while median household income rose about 46.5% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Cypress | California Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 67.6% | 51.7% | 58.5% |
| Rental Rate | 29.1% | 40.8% | 31.2% |
| Vacancy Rate | 3.3% | 7.5% | 10.2% |
| Median Tenure (years) | 16.0 | 15.0 | 15.0 |
| Median Year Moved In | 2010 | 2011 | 2011 |
Cypress has a homeownership rate of 67.6%, higher than the California average of 51.7%. Its housing vacancy rate is 3.3%, compared with 7.5% in California.
Housing Stock
| Metric | Cypress | California Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.01 people | 2.84 people | 2.53 people |
| Median Structure Built Year | 1972 | 1975 | 1978 |
| Median Number of Rooms | 5.8 | 5.0 | 5.5 |
The typical housing unit in Cypress was built around 1972. On average, 3.0 people live in a home with about 5.8 rooms, staying for about 16.0 years on average.
Cypress, CA Housing Compared With Nearby Cities
How Cypress, CA compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Cypress, CA | 48,412 | $1,561,146 #1/2 | $2,451 #1/2 | 69.9% #1/2 |
| Stanton, CA | 34,721 | $144,140 | $2,090 | 45.7% |
Frequently Asked Questions
Common questions about the housing market in Cypress, California.
What is the median home price in Cypress, California?
The median home price in Cypress, California is $1,561,146, higher than the California average of $650,794.
What is the average home price in Cypress, California?
The typical home price in Cypress, California, reported as the median sale price, is $1,561,146. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Cypress, California?
The median gross rent in Cypress, California is $2,451 per month, higher than the California average of $2,036.
What was the median gross rent in Cypress in 2020?
In 2020, the median gross rent in Cypress, California was $1,955 per month.
What is the price-to-rent ratio in Cypress, California?
The price-to-rent ratio in Cypress, California is about 53.1, meaning it would take roughly 53.1 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Cypress.
Are home prices or rent rising faster in Cypress, California?
Both home prices and rent are rising in Cypress, up about 20.4% and 4.9% a year respectively. Home prices are changing faster.
What is the homeownership rate in Cypress, California?
67.6% of households in Cypress, California own their home, higher than the California average of 51.7%.
What is the vacancy rate in Cypress, California?
The housing vacancy rate in Cypress, California is 3.3%, lower than the California average of 7.5%.
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