States › Texas › Cedar Park

Is Cedar Park, TX expensive to live in?

CheapRent takes 17 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,03216% higher than U.S. average
💵 Families earn per year (2026)$139,714about $11,643/month · 60% higher than U.S. average
🔑 House price$513,60054% higher than U.S. average

Rent is higher than in 71% of U.S. cities. Household incomes are higher than in 86% of U.S. cities. A typical house costs about 3.7 years of household income. It is a highly educated city: 55.6% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $81,280 a year. That is $39 an hour at a full-time job.

Is rent cheaper than other Texas cities?

No. Rent here is more expensive than in most of Texas. It is number 348 of 426 cities from cheapest to most expensive.

Cedar Park
$2,032
$1,941
$1,028
$2,122
$1,311

How much do households earn in Cedar Park?

Under $25k
5.5%
$25k–50k
14.2%
$50k–100k
26.3%
$100k–150k
25.2%
$150k+
26.0%

Share of households by yearly income. 51.2% of households earn $100,000 or more.

Rent by apartment size in Cedar Park

SizeCedar ParkU.S. average
Studio$1,664$1,338
1 bedroom$1,549$1,324
2 bedrooms$1,991$1,509
3 bedrooms$2,341$1,698
4 bedrooms$2,668$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Cedar Park overall?

Everyday prices in Texas overall are 3% below the U.S. average (index 97.1, U.S. = 100).

Housing
97
Goods (food, clothes…)
98
Utilities
88
Other services
97
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Cedar Park, so the Texas figure is shown.

Taxes and bills in Cedar Park

🏛️ Property tax$8,893a year · 1.73% of home value · U.S. $3,119
⚡ Electric bill$146a month (typical) · U.S. $156

Life in Cedar Park

Commute to work25.5 minU.S.: 26.4 min
College degree55.6%U.S.: 35.7%
Own their home66.7%U.S.: 65.2%
Below poverty line5.9%U.S.: 12.5%
Unemployment4.5%U.S.: 5.2%

Is it cheaper to rent or buy in Cedar Park?

Renting is cheaper right now: about $1,532 a month less.

Renting
$2,032
Owning
$3,564

Owning assumes a typical $513,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $51,360 for the down payment.

Frequently asked questions

What is the average rent in Cedar Park, TX?

Renting in Cedar Park costs a median of about $2,032 a month in 2026, including utilities. The Texas median is $1,451.

How much do I need to make to live in Cedar Park?

To keep rent under 30% of income, you need about $81,280 a year, or $39 an hour at a full-time job.

Is Cedar Park cheap or expensive?

Cedar Park is rated Cheap: rent takes 17.5% of the typical household income of $139,714. It ranks 348th cheapest of 426 Texas cities we track.

How much are property taxes in Cedar Park?

The median homeowner in Cedar Park pays $8,893 a year in property taxes, about 1.73% of the median home value.

Is Cedar Park more expensive than the national average?

Overall prices in Texas are 3% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Cedar Park?

The median home value in Cedar Park is $513,600, about 3.7 times the typical yearly household income.

78,301 people live in Cedar Park. Numbers are typical (middle) values.