The 10 Cheapest Austin, TX Neighborhoods To Live In For 2019


We used science and data to determine which neighborhoods in Austin are the cheapest of the cheap.

Editor’s Note: This is our first time ranking the cheapest neighborhoods to live in Austin.
Cheapest Neighborhoods In Austin

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 Austin might be more expensive than living in rural Texas, there are certain neighborhoods that are definitely cheaper.

So what exactly are those Austin 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 Austin are the cheapest.

What’s the cheapest neighborhood to live in Austin for 2019? According to the most recent census data, North Burnett looks to be the cheaptest Austin 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 Austin. 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 Austin that deserve a little bragging rights or maybe you’re interested in the worst neighborhoods in Austin.

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 Texas reading, check out:

How We Determined The Cheapest Austin Hoods In 2019

In order to rank the cheapest places to live in Austin, we had to determine what criteria defines ‘cheap’.

Using census and extrapolated BLS data, we arrived at the following set of criteria:

  • Overall Cost Of Living
  • Rent To Income Ratio
  • Median Home Value To Income Ratio

We then ranked each neighborhood with scores from 1 to 60 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 Austin.’ We’re lookin’ at you, North Burnett.

Read on below to learn more about what it’s like to live in the cheapest places Austin. 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 Austin For 2019

Overall SnackAbility

6
/10

Population: 7,559
Cost Of Living Index: 87 (6th cheapest)
Home Value To Income Ratio: 1.5 (2nd cheapest)
Rent To Income Ratio: 0.019 (17th cheapest)
More on North Burnett: Homes For Sale | Data

The median income in North Burnett comes in at $56,120 and the median home value is $84,867 for 2019.

Overall SnackAbility

5
/10

Population: 3,150
Cost Of Living Index: 92 (14th cheapest)
Home Value To Income Ratio: 2.3 (7th cheapest)
Rent To Income Ratio: 0.02 (21st cheapest)
More on Mckinney: Homes For Sale | Data

The median income in Mckinney comes in at $55,700 and the median home value is $128,100 for 2019.

Overall SnackAbility

6
/10

Population: 12,906
Cost Of Living Index: 85 (4th cheapest)
Home Value To Income Ratio: 2.0 (4th cheapest)
Rent To Income Ratio: 0.024 (41st cheapest)
More on Riverside: Homes For Sale | Data

The median income in Riverside comes in at $39,997 and the median home value is $80,760 for 2019.

Overall SnackAbility

7
/10

Population: 3,208
Cost Of Living Index: 91 (12th cheapest)
Home Value To Income Ratio: 2.8 (12th cheapest)
Rent To Income Ratio: 0.021 (27th cheapest)
More on Southeast: Homes For Sale | Data

The median income in Southeast comes in at $48,233 and the median home value is $134,600 for 2019.

Overall SnackAbility

6
/10

Population: 1,485
Cost Of Living Index: 96 (20th cheapest)
Home Value To Income Ratio: 3.5 (18th cheapest)
Rent To Income Ratio: 0.019 (15th cheapest)
More on Johnston Terrace: Homes For Sale | Data

The median income in Johnston Terrace comes in at $50,223 and the median home value is $175,350 for 2019.

Overall SnackAbility

8
/10

Population: 5,008
Cost Of Living Index: 101 (30th cheapest)
Home Value To Income Ratio: 4.0 (21st cheapest)
Rent To Income Ratio: 0.016 (6th cheapest)
More on University Hills: Homes For Sale | Data

The median income in University Hills comes in at $56,300 and the median home value is $223,225 for 2019.

Overall SnackAbility

6
/10

Population: 3,722
Cost Of Living Index: 93 (16th cheapest)
Home Value To Income Ratio: 2.0 (3rd cheapest)
Rent To Income Ratio: 0.024 (38th cheapest)
More on East Congress: Homes For Sale | Data

The median income in East Congress comes in at $57,876 and the median home value is $116,833 for 2019.

Overall SnackAbility

9
/10

Population: 8,861
Cost Of Living Index: 107 (35th cheapest)
Home Value To Income Ratio: 4.1 (22nd cheapest)
Rent To Income Ratio: 0.01 (1st cheapest)
More on Allandale: Homes For Sale | Data

The median income in Allandale comes in at $72,429 and the median home value is $295,242 for 2019.

Overall SnackAbility

6
/10

Population: 16,277
Cost Of Living Index: 80 (1st cheapest)
Home Value To Income Ratio: 1.4 (1st cheapest)
Rent To Income Ratio: 0.033 (58th cheapest)
More on Pleasant Valley: Homes For Sale | Data

The median income in Pleasant Valley comes in at $28,283 and the median home value is $40,814 for 2019.

Overall SnackAbility

8
/10

Population: 8,805
Cost Of Living Index: 92 (14th cheapest)
Home Value To Income Ratio: 2.6 (10th cheapest)
Rent To Income Ratio: 0.023 (36th cheapest)
More on Windsor Hills: Homes For Sale | Data

The median income in Windsor Hills comes in at $48,038 and the median home value is $124,975 for 2019.

Summing Up The Cheapest Places In Austin

If you’re measuring the neighborhoods in Austin where prices are low and it’s cheap to live, this is an accurate list.

As we mentioned earlier, the neighborhoods in Austin aren’t all cheap. Dawson takes the title of the most expensive neighborhood to live in Austin.

We ranked the neighborhoods from cheapest to most expensive in the chart below.

For more Texas reading, check out:

Detailed List Of The Cheapest Neighborhoods To Live In Austin For 2019

Rank Neighborhood Cost Of Living Index
1 North Burnett 87
2 Mckinney 92
3 Riverside 85
4 Southeast 91
5 Johnston Terrace 96
6 University Hills 101
7 East Congress 93
8 Allandale 107
9 Pleasant Valley 80
10 Windsor Hills 92
11 Sweet Briar 91
12 North Austin 89
13 Franklin Park 88
14 Georgian Acres 85
15 Windsor Park 100
16 Garrison Park 100
17 Montopolis 85
18 South Manchaca 98
19 Wooten 104
20 North Shoal Creek 108
21 Saint Johns 90
22 Saint Edwards 89
23 West University 83
24 Crestview 117
25 North Lamar 91
26 East Cesar Chavez 111
27 Heritage Hills 93
28 Highland 101
29 Brentwood 110
30 West Congress 106
31 Downtown 134
32 Martin Luther King-Hwy 183 96
33 Triangle State 99
34 Upper Boggy Creek 111
35 Coronado Hills 94
36 Rosedale 133
37 Old West Austin 128
38 South River City 130
39 South Lamar 109
40 Parker Lane 94
41 Windsor Road 133
42 Chestnut 113
43 Zilker 133
44 Mlk 99
45 Govalle 104
46 Central East Austin 112
47 Pecan Springs Springdale 100
48 Galindo 115
49 Rosewood 103
50 Holly 111
51 Hyde Park 126
52 Barton Hills 135
53 Rmma 129
54 University Of Texas 110
55 Bouldin 130
56 Hancock 129
57 West Gate 115
58 North Loop 115
59 North University 100
60 Dawson 115

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.

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