What is the median rent in Cypress Lake, FL?
The median gross rent in Cypress Lake, FL is $1,756 (±$98) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 1,539 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Cypress Lake, the median gross rent went from $1,221 in 2015–2019 to $1,756 in 2020–2024 (+43.8%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median gross rent
- $1,756 (±$98)
- Rented homes
- 1,539 (±311)
- $2,000 or more
- 32.0%
- Since 2015–2019
- +43.8%
How much rent costs in Cypress Lake
| Monthly gross rent | Cypress Lake | Lee County | Florida | United States |
|---|---|---|---|---|
| Less than $500 | 0.4% (±0.7 points) | 2.6% | 3.6% | 6.3% |
| $500 to $999 | 3.8% (±3.3 points) | 6.9% | 10.7% | 20.2% |
| $1,000 to $1,499 | 27.0% (±8.1 points) | 25.2% | 26.0% | 28.1% |
| $1,500 to $1,999 | 36.8% (±10.8 points) | 35.9% | 28.8% | 21.1% |
| $2,000 to $2,499 | 19.3% (±8.5 points) | 18.0% | 17.4% | 12.0% |
| $2,500 to $2,999 | 3.1% (±3.2 points) | 6.4% | 7.2% | 5.5% |
| $3,000 or more | 9.6% (±4.9 points) | 5.0% | 6.3% | 6.8% |
The most common range is $1,500 to $1,999, paid by 36.8% of renting households.
32.0% of rented homes in Cypress Lake cost $2,000 or more a month.
Cypress Lake against Lee County, its state and the nation
| Cypress Lake | Lee County | Florida | United States | |
|---|---|---|---|---|
| Median gross rent | $1,756 (±$98) | $1,712 (±$17) | $1,669 (±$5) | $1,413 |
| Rented homes paying rent | 1,539 (±311) | 80,787 (±2,351) | 2,716,443 (±16,958) | 42,849,984 |
In Cypress Lake, median gross rent is not measurably different from Lee County ($1,712).
It is not measurably different from Florida ($1,669).
It is higher than the national figure ($1,413).
In Lee County, Cypress Lake ranks 17 of 32 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 285 of 793.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Cypress Lake has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $1,221 (±$79) | $1,756 (±$98) | +43.8% | Up after inflation |
| Households that rent | 30.1% (±3.6 points) | 24.0% (±3.9 points) | −6.1 percentage points | Measurable decrease |
| Rental vacancy rate | 13.4% (±6.3 points) | 9.9% (±7.3 points) | −3.5 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near Cypress Lake
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Cypress Lake | — | $1,756 (±$98) | — |
| McGregor | 1.8 mi | $1,762 (±$133) | Not measurably different |
| Villas | 2.1 mi | $1,695 (±$70) | Not measurably different |
| Whiskey Creek | 2.3 mi | $1,814 (±$135) | Not measurably different |
| Harlem Heights | 2.4 mi | $1,478 (±$210) | Lower |
| Pine Manor | 2.7 mi | $1,171 (±$58) | Lower |
| Iona | 4.1 mi | $1,913 (±$132) | Not measurably different |
| San Carlos Park | 6.6 mi | $1,715 (±$110) | Not measurably different |
| Punta Rassa | 6.9 mi | $2,771 (±$264) | Higher |
Nearby places with a measurably lower figure: Harlem Heights, FL ($1,478), Pine Manor, FL ($1,171).
Nearby places with a measurably higher figure: Punta Rassa, FL ($2,771).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Lee County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 11 | Bonita Springs | $1,882 (±$90) |
| 12 | Cape Coral | $1,858 (±$44) |
| 13 | Fort Myers Beach | $1,836 (±$174) |
| 14 | Whiskey Creek | $1,814 (±$135) |
| 15 | Alva | $1,778 (±$855) |
| 16 | McGregor | $1,762 (±$133) |
| 17 | Cypress Lake | $1,756 (±$98) |
| 18 | San Carlos Park | $1,715 (±$110) |
| 19 | Villas | $1,695 (±$70) |
| 20 | Lehigh Acres | $1,657 (±$37) |
| 21 | Fort Myers | $1,580 (±$44) |
| 22 | Fort Myers Shores | $1,567 (±$267) |
| 23 | Palmona Park | $1,554 (±$384) |
Showing 13 of 32 places in Lee County, ranked from highest to lowest.
Cypress Lake is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Cypress Lake
What is the average rent in Cypress Lake, FL?
The Census Bureau publishes the median rather than the average: the median gross rent in Cypress Lake is $1,756 (±$98) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Cypress Lake?
In Cypress Lake, the median gross rent went from $1,221 in 2015–2019 to $1,756 in 2020–2024 (+43.8%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
How many rentals in Cypress Lake cost more than $2,000 a month?
32.0% of rented homes in Cypress Lake have a gross rent of $2,000 or more a month, and 0.4% cost less than $500.
Is rent in Cypress Lake higher than in Lee County?
In Cypress Lake, median gross rent is not measurably different from Lee County ($1,712).
It is not measurably different from Florida ($1,669).
It is higher than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Cypress Lake CDP, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Cypress Lake CDP, Florida
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Cypress Lake CDP, Florida
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Cypress Lake CDP, Florida (place:16062, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
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