Cypress Lake, Florida Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Cypress Lake, Florida rental market.
Cypress Lake, Florida
Average Apartment Rent
$1,730
Y-o-Y Change in Average
Apartment Rent
-4.6%
As of May 2026
Compared to a year ago, Cypress Lake, Florida apartments have recorded a -4.6% rent decrease.
Cypress Lake, Florida Average apartment rent trend
Cypress Lake, Florida Average Apartment Rent
Cypress Lake, Florida Apartment rent ranges
At 54.18%, apartments priced $1,500 - $2,000 represent the bulk of Cypress Lake, Florida rentals, while condos priced Under $1,000 hold the lowest share of the market – 0.65%.
Cypress Lake, Florida Housing tenure**
Renters take up 27% of Cypress Lake, Florida real estate, occupying a total of 1,761 units, while homeowners live in 4,784 properties.
Median number of rooms of renter-occupied housing units**
4.5
Renter median household income**
$51,726
Average household size of renter-occupied housing units**
2.02
Rental vacancy rate**
12.8%
Cypress Lake, Florida Renter-occupied housing units by no. of bedrooms**
There are 1,176 rentals in Cypress Lake, Florida with 2 beds making up the highest share of the market, at 67%. Units with No bedrooms, on the other hand, hold the lowest percentage (1%), amounting to 24 units. Overall, the median number of rooms in Cypress Lake, Florida homes for rent is 4.5.
Cypress Lake, Florida Renter-occupied units by age of householder**
Most condos for rent in Cypress Lake, Florida are occupied by residents in the 25 - 34 years age group (26%), followed by those in the 45 - 54 years age group (14%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 4%.
Cypress Lake, Florida Renter-occupied housing units by family type**
Cypress Lake, Florida Renter-occupied housing units by the presence of own children**
A total of 673 apartments for rent in Cypress Lake, Florida, or 38% of all rentals are family households. Additionally, 20% of rental homes include children under the age of 18 – that’s 348 units. All in all, the median size of a renter-occupied household in Cypress Lake, Florida is 2.02.
Cypress Lake, Florida Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 40% of the rental market. In contrast, residents with less than a high school degree reside in 8% of the homes for rent in Cypress Lake, Florida.
Cypress Lake, Florida Renter-occupied units by year structure built**
The highest share of Cypress Lake, Florida apartment rentals, namely 30% or 528 units, were Built 1970 - 1979, followed by those Built 1980 - 1989 (29%, 514 units), and the ones Built 2000 - 2009 (16%, 284 units).
Cypress Lake, Florida Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Cypress Lake, Florida renters (45%) moved in 2010 to 2017, while only 2% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Cypress Lake, Florida condos for rent is 2018.
Cypress Lake, Florida Renter-occupied housing units by vehicles available**
When it comes to transportation options, 52% of Cypress Lake, Florida renters have 1 vehicle available per household, 33% of them have 2 vehicles available, and 9% have No vehicle available.
Cypress Lake, Florida Means of transportation to work of householders living in renter-occupied housing units**
Cypress Lake, Florida Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Cypress Lake, Florida apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
