Home prices
The median home in Cypress Lake costs $159,000. Compared to nearby areas this is about $29,280 (15%) lower.In comparison to the US as a whole it is roughly $58,500 (26%) lower, and in comparison to the city of Cape Coral it is approximately $70,400 (30%) lower.
Rents
The median monthly rent in Cypress Lake is $1,221. This is roughly $85 (7%) higher compared to nearby areas.Compared to the United States as a whole it is approximately $159 (14%) higher, and in comparison to the city of Cape Coral it is approximately $23 (1%) lower.
Nearby places
McGregor
McGregor is Cypress Lake's neighbor to the northwest. Its housing prices are a lot more expensive. The median home in McGregor costs $325,600, which is $166,600 (51%) higher than Cypress Lake. The rent there is a little more expensive. In McGregor the median rent is $1,316 per month, which is $95 (7%) higher than Cypress Lake.
Villas
Villas is Cypress Lake's neighbor to the northeast. Housing prices there are similar. The median home in Villas costs $162,400, which comes out to $3,400 (2%) higher than Cypress Lake. The rent there is pretty similar. In Villas the median rent is $1,254 a month, which comes out to $33 (2%) higher than Cypress Lake.
Whiskey Creek
Whiskey Creek is Cypress Lake's neighbor to the north. The real estate prices there are a bit more expensive. Whiskey Creek's median home price is $232,900, which is $73,900 (31%) higher than Cypress Lake. The rent there is pretty similar. The median monthly rent in Whiskey Creek is $1,196, which comes out to $25 (2%) lower than Cypress Lake.
Harlem Heights
Harlem Heights is approximately 2 miles southwest of Cypress Lake. The housing prices there are substantially less expensive. Harlem Heights's median home value is $105,500, which comes out to $53,500 (50%) lower than Cypress Lake. Rent there is a little less expensive. The median rent in Harlem Heights is $997 a month, which is $224 (22%) lower than Cypress Lake.
Pine Manor
Pine Manor is about 2 miles northeast of Cypress Lake. The real estate prices there are a lot less expensive. Pine Manor's median home cost is $115,000, which is $44,000 (38%) lower than Cypress Lake. The rent there is a lot less expensive. In Pine Manor the median rent is $916 per month, which comes out to $305 (33%) lower than Cypress Lake.
