Cypress, TX Homes For Rent

Homes for Rent in Cypress, TX: What You Need to Know

Cypress in southwestern Texas has grown from a rural area to an affluent suburb of Houston. It’s an unincorporated community in Harris County, and under the jurisdiction of Houston.

Job Opportunities

Cypress is part of the Houston metropolitan area, with a gross domestic product of $478.8 billion, according to the U.S. Bureau of Economic Analysis. Businesses are attracted to the region’s low taxes, business-friendly regulations, solid infrastructure, and skilled workforce. Major industries in the area include manufacturing, construction, education, and energy. Top employers include University of Texas MD Anderson Cancer Center, H-E-B (supermarket chain), Halliburton, ExxonMobil, Shell, Deloitte, and Dow Chemical.

Local History

Atakapa Indian people originally lived in the area. In the 1840s, German immigrants settled along Cypress Creek, close to where Anglo-Americans were ranching. Cypress was an agricultural community until the 1950s when its suburbanization began. In the mid-1980s, the development of commercial and residential projects grew by leaps and bounds. Cypress is known as one of the highest-income urban areas in the United States. 

Weather and Climate

The rapid development of Cypress and other Houston suburbs has resulted in the paving of most pasture and prairie land that used to absorb rainfall in the area, contributing to recent flooding. All rainwater in the area drains into Cypress Creek, which is also called Cypress Creek watershed. In August 2017, Hurricane Harvey struck the area and brought rainfall of about 33.7 inches across Harris County, resulting in record flooding. The total water level in the Cypress Creek watershed during the hurricane reached 29.3 inches. About 9,450 homes in Cypress and nearby areas were flooded. 

Cost of Living

For a suburb, Cypress is big (population: 182,459) but affordable. Its cost of living rate, food, and housing costs are 8.6%, 9.1%, and 13.7% lower than the national average respectively. The median gross rent in Harris County is $1,078. Also, Texas doesn’t collect state income taxes. The state levies 6.25% to 8.25% in sales tax.

Know Your Neighborhoods

The biggest thing going for Cypress is its location – just 25 miles from downtown Houston. You’ll find plenty of spacious master-planned communities with resort-style amenities. Housing options range from new houses and executive mansions to condos and apartments. Bridgeland, Cypress Creek Lakes, and Coles Crossing are popular neighborhoods in Cypress. The Cypress-Fairbanks Independent School District’s 89 public schools boast of a math proficiency score of 56% versus the Texas average of 48% and a reading proficiency score of 53% versus the 45% statewide average.