Cypress, California.
Typical home $1,067,841 (+4.0% in a year), asking rent $3,015 (+5.2%). Los Angeles-Long Beach-Anaheim, CA metro.
to buy the typical home at today's mortgage rate — +$3,134 (+127%) since Jan 2020.
- 1 year
- Up $40,714 +4%
- $1,027,127$1,067,841 since Sep 2025
- 5 years
- Up $260,119 +32%
- $807,723$1,067,841 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Cypress$5,605
- California$3,997
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 12 years.
Typical home values in Cypress, CA rose 4.0% over the past year — faster than the nation's +1.2%.
Asking rents in Cypress, CA rose 5.2% over the past year — faster than the nation's +2.7%.
Owning the typical home in Cypress runs $4,318/mo more than renting one. The gap peaked at $4,409 in Jan 2025.
That is $7,333 a month against $3,015 rent: a $5,605 mortgage payment, plus $585 property tax and $1,143 insurance & upkeep.
Owning vs renting — Cypress
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$7,333
- Renting$3,015
- Mortgage only$5,605
Property tax · $585/mo 0.66% of value a year — the ACS 2020-2024 median bill over the median home value for Orange County, CA
Insurance & upkeep · $1,143/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Cypress, Orange County, California
Cypress is a city of 50,151 people in Orange County. Half its households earn more than $130,215 a year and half less, against $116,289 across Orange County; 7% of its people live below the poverty line. 68% of its homes are lived in by their owners and 32% are rented. Unemployment in Cypress was 4.8% in August 2026, and Orange County had 0.1% more jobs in 2025 than the year before. The most residents work in schools and health care, then professional services.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Cypress is a city in Orange County with a mix of ages, and residents are somewhat older than you might expect in a Southern California suburb. Households here earn more than the county as a whole, and fewer people live below the poverty line than in many places. Most homes are lived in by their owners, though a good number of people rent, and both buying and renting here are expensive. Winters are mild, with a December that is cool but never harsh, summers are warm, and rain is light across the year.
Work. Residents work mainly in schools, hospitals and social care, followed by professional and business services, manufacturing and retail. Cypress College and the Cypress Elementary Schools are among the largest workplaces in town, along with Mitsubishi Electric US. Many adults hold a four-year degree, a fair number work from home, and the typical commute is a long one. Unemployment is slightly lower than a year ago, and the number of jobs across Orange County has barely changed.
Things to do. Knott's Berry Farm, an amusement park, is in or beside town. Disneyland and Disney California Adventure, both amusement parks, are a short drive away, as is Angel Stadium of Anaheim, where baseball is played. For something farther afield, Dolby Theatre in Los Angeles is a longer drive away.
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- 16,272households
- 51%of adults have a degree
- 7%below the poverty line
- 29 mintypical commute
- 20%work from home
What residents work in
Employed residents by industry, from the Census survey. Orange County had 1,663,220 jobs in 2025, 0.1% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in December, with highs near 68° and lows near 46°; warmest in August, with highs near 87° and lows near 66°. About 12 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Fullerton Municipal Airport weather station, 5 miles away (NOAA).
Largest workplaces in Cypress
- Cypress CollegeUniversity or college895
- Cypress Elementary SchoolsSchool district333FTE
- Primary Color SystemsPrinting, digital283
- Mitsubishi Electric USElevator installation252
- F2 TPSCasinos250
- SI B FIELD Los Angeles (Cypress)Hvac contractors250
- AmazonCouriers and express delivery services203
- TargetDiscount department stores196
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 38 workplaces with 20 or more staff, 3,425 people in all. Colleges come from IPEDS (NCES, 2023–24) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- EarthquakesRelatively high
- Inland floodingRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Cypress’ census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Orange County and the Los Angeles-Long Beach-Anaheim, CA metro.
Cypress home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Cypress$1,067,841
- California$761,538
- United States$366,157
Sellers are cutting prices on about 1 in 3 Cypress listings, and the typical home goes pending in 17 days — the market is cooling.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Cypress33.05%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Cypress17
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Cypress83
New listings per month
Sellers arriving at the market.
- Cypress29
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Cypress$965,451
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Cypress100.10%
Zip codes with a Cypress address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Cypress — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.