Living here
Cost of living in Cedar Park
Housing is more expensive than the US average. Rents, home prices, taxes and how far a paycheck goes.
Median rent
$1,753/mo
30% above US
Median home value
$474,800
56% above US
Median household income
$123,972
58% above US
Rent as share of income
17%
US 21%
Home price to income
3.8×
US 3.9×
Sales tax
8.25%
Rent by number of bedrooms
HUD 2027 fair market rents for Austin-Round Rock-San Marcos, TX MSA (gross rent including utilities, near the 40th percentile of local rents). Source: HUD USER.
How Cedar Park compares
- Cedar Park$1,753
- Texas$1,339
- United States$1,348
- Georgetown$1,671
- Austin$1,655
- Killeen$1,147
- New Braunfels$1,536
- Sugar Land$1,939
- Pearland$1,759
- Flower Mound$2,221
- Carrollton$1,674
- Cedar Park$474,800
- Texas$260,400
- United States$303,400
- Georgetown$398,600
- Austin$512,700
- Killeen$196,000
- New Braunfels$315,100
- Sugar Land$406,600
- Pearland$330,900
- Flower Mound$514,100
- Carrollton$353,600
Taxes
Compare with nearby cities
Questions
Is Cedar Park expensive to live in?
Housing in Cedar Park is more expensive than the national average: median rent is $1,753 (30% above US) and the median home value is $474,800 (56% above US).
How much is rent in Cedar Park?
The median gross rent is $1,753 a month. HUD’s 2027 fair market rents for the area are studio $1,447, 1 bedroom $1,530, 2 bedrooms $1,817, 3 bedrooms $2,292, 4 bedrooms $2,689.
How much of their income do renters spend in Cedar Park?
At the median, a year’s rent ($21,036) equals about 17% of the median household income ($123,972); nationally it’s about 21%.
What are taxes like in Cedar Park?
Sales tax is 8.25% and property taxes run about 1.87% of home value a year.
Sources: U.S. Census Bureau, American Community Survey 2019–2023 5-year estimates; HUD fair market rents; Texas Comptroller of Public Accounts - City Sales and Use Tax rates (city-rates.xlsx, updated Oct 6, 2026; cross-checked with EDI current rate file taxrates.txt, 2026 Q4).