Much like its surrounding areas, it's significantly more expensive compared to the rest of the nation. Compared to the city of Los Angeles, it's close to average.
Home prices
The median home in Cypress is valued at $632,900. Compared to its nearby areas it is about $9,120 (1%) higher.In comparison to the entire nation it is roughly $415,400 (190%) higher, and compared to the city of Los Angeles is is very similar.
Rents
Cypress's median rent is $1,890 per month. Compared to its surrounding areas it is about $40 (2%) higher.It is about $828 (77%) higher in comparison to the rest of the nation, and in comparison to the city of Los Angeles is roughly $440 (30%) higher.
Nearby places
Los Alamitos
Los Alamitos is Cypress's neighbor to the southwest. Housing prices there are somewhat more expensive. Los Alamitos's median home cost is $761,200, which is $128,300 (16%) higher than Cypress. Rent there is fairly similar. In Los Alamitos the median rent is $1,823 a month, which works out to $67 (3%) lower than Cypress.
Hawaiian Gardens
Hawaiian Gardens is Cypress's neighbor to the northwest. Real estate prices there are substantially less expensive. The median home in Hawaiian Gardens is valued at $363,500, which comes out to $269,400 (74%) lower than Cypress. The rent there is significantly less expensive. Hawaiian Gardens's median rent is $1,403 per month, which comes out to $487 (34%) lower than Cypress.
La Palma
La Palma is Cypress's neighbor to the north. The housing prices there are similar. The cost of the median home in La Palma is $659,100, which is $26,200 (3%) higher than Cypress. The rent there is a little less expensive. The median rent in La Palma is $1,775 a month, which comes out to $115 (6%) lower than Cypress.
Stanton
Stanton is Cypress's neighbor to the southeast. The real estate prices there are substantially less expensive. The value of the median home in Stanton is $386,400, which comes out to $246,500 (63%) lower than Cypress. Rent there is a little less expensive. In Stanton the median rent is $1,573 per month, which works out to $317 (20%) lower than Cypress.
Rossmoor
Rossmoor is roughly 2 miles southwest from Cypress. Its real estate prices are significantly more expensive. The median home value in Rossmoor is $948,700, which works out to $315,800 (33%) higher than Cypress. Its rents are a little more expensive. In Rossmoor the median rent is $2,678 per month, which is $788 (29%) higher than Cypress.
