Everything else equal, I think we can all agree that living in a cheaper place is better than living in a more expensive place.
I’d much rather pay $500/mo in rent than $1,000. And I’d rather pay $2 for coffee than $5.
And while every neighbhorhood in Atlanta might be more expensive than living in rural Georgia, there are certain neighborhoods that are definitely cheaper.
So what exactly are those Atlanta neighborhoods where your dollar goes a little further — you can get that one bedroom instead of the studio?
Instead of relying on public opinion and speculation, we wanted to get the facts straight and find out which neighborhoods in Atlanta are the cheapest.
What’s the cheapest neighborhood to live in Atlanta for 2020? According to the most recent census data, Center Hill looks to be the cheaptest Atlanta neighborhood to live in.
At this point we should make it clear that you do get what you pay for — some of these neighborhoods might not be the best places to live in Atlanta. You could be sacrificing location or crime rates in return for more space and cheaper groceries.
Read on to see how we determined the places around Atlanta that deserve a little bragging rights or maybe you’re interested in the worst neighborhoods in Atlanta.
Once you’re done, you can look at the bottom of the story for a complete chart of every neighborhood we looked at from cheapest to most expensive.
For more Georgia reading, check out:
- Best Places To Live In Georgia
- Best Counties To Live In Georgia
- Cheapest Cities To Live In America
- Cheapest States To Live In America
How We Determined The Cheapest Atlanta Hoods In 2020
In order to rank the cheapest places to live in Atlanta, we had to determine what criteria defines “cheap”.
- Overall Cost Of Living
- Rent To Income Ratio
- Median Home Value To Income Ratio
We then ranked each neighborhood with scores from 1 to 32 in each category, where 1 was the cheapest.
Next, we averaged the rankings for each neighborhood to create a cheap neighborhood index.
And finally, we crowned the neighborhood with the lowest cheapest neighborhood index the “Cheapest City Neighborhood In Atlanta.” We’re lookin’ at you, Center Hill.
Read on below to learn more about what it’s like to live in the cheapest places Atlanta. Or skip to the end to see the list of all the neighborhoods in the city from cheapest to most expensive.
The 10 Cheapest Neighborhoods To Live In Atlanta For 2020
Center Hill is a neighborhood located in northwest Atlanta, Georgia. Center Hill is centered on Donald L. Hollowell Highway, Hamilton E. Holmes Drive, and Simpson Road.
The median income in Center Hill comes in at $29,047 and the median home value is $44,455 for 2020.
Grove Park is a northwest Atlanta, inside-the-perimeter neighborhood bounded by:
Center Hill on the west
Dixie Hills, West Lake, and Hunter Hills on the south
Bankhead on the east
Almond Park, West Highlands and Rockdale to the north
The median income in Grove Park comes in at $28,202 and the median home value is $46,616 for 2020.
The median income in Rockdale comes in at $53,245 and the median home value is $134,443 for 2020.
Cascade Heights is an affluent neighborhood in southwest Atlanta. It is bisected by Cascade Road, which was known as the Sandtown Road in the nineteenth century. The road follows the path of the ancient Sandtown Trail which ran from Stone Mountain to the Creek village of Sandtown on the Chattahoochee and from there on into Alabama. Ironically, the name lived on even after the Indians were expelled in the 1830s.
The median income in Cascade Heights comes in at $36,682 and the median home value is $82,126 for 2020.
Lakewood Heights is a neighborhood in southeast Atlanta. It is bounded by:
the Betmar LaVilla, the Villages at Carver, and South Atlanta neighborhoods on the north,
the Chosewood Park neighborhood on the northeast,
the Norwood Manor neighborhood on the southeast,
the Polar Rock, Swallow Circle/Baywood and Lakewood neighborhoods on the south
the Downtown Connector on the west, across which lie the Sylvan Hills and Capitol View Homes neighborhoods
Lakewood Heights contains the Lakewood Heights Historic District, listed on the National Register of Historic Places.
The median income in Lakewood Heights-Southeastern Atlanta comes in at $27,867 and the median home value is $53,753 for 2020.
The median income in Sandtown-Southeastern Atlanta comes in at $36,018 and the median home value is $91,214 for 2020.
The median income in West End comes in at $29,204 and the median home value is $78,620 for 2020.
Adair Park is a residential neighborhood located southwest of downtown Atlanta. It has the form of a left curly bracket, bordered by the MARTA north-south rail line on the northwest, the BeltLine trail on the southwest and Metropolitan Parkway on the east. Historically Adair Park also included the area from Metropolitan Parkway to McDaniel Street on the east, but the city now considers that area part of the Pittsburgh neighborhood.
The median income in Adair Park comes in at $27,752 and the median home value is $47,760 for 2020.
The median income in Adams Park comes in at $28,578 and the median home value is $66,500 for 2020.
Adamsville is a predominantly African-American neighborhood on the west side of Atlanta, Georgia. It is located where Interstate 20 and Interstate 285 meet on the west side.
The entertainers Killer Mike, Bone Crusher, and Stevie-the-Steve-Man Corby came from Adamsville.
The skating rink “Cascades” in the movie ATL is located in Adamsville.
In the year 2000, the city of Atlanta parks and recreation department started construction on a new recreation center. It was finished in 2003 at the price of $13.1 million. The recreation center is known as the C.T. Martin Natatorium and Recreation Center. The 103,000-square-foot building features an indoor 50-meter pool and a gymnasium and is 10 times larger than the existing Adamsville Recreation Center.
The median income in Adamsville comes in at $29,150 and the median home value is $78,167 for 2020.
Summing Up The Cheapest Places In Atlanta
If you’re measuring the neighborhoods in Atlanta where prices are low and it’s cheap to live, this is an accurate list.
As we mentioned earlier, the neighborhoods in Atlanta aren’t all cheap. Sweet Auburn takes the title of the most expensive neighborhood to live in Atlanta.
We ranked the neighborhoods from cheapest to most expensive in the chart below.
For more Georgia reading, check out:
- Cheapest Places To Live In Georgia
- Best Places To Raise A Family In Georgia
- Best Places To Retire In Georgia
- Richest Cities In Georgia
- Safest Places In Georgia
- Worst Places To Live In Georgia
Detailed List Of The Cheapest Neighborhoods To Live In Atlanta For 2020
|Rank||Neighborhood||Cost Of Living Index|
|5||Lakewood Heights-Southeastern Atlanta||84|
|15||Ormewood Park-East Atlanta||107|
|23||Old Fourth Ward||104|