The 10 Cheapest Baltimore, MD Neighborhoods To Live In For 2024


The cheapest Baltimore neighborhoods are Pulaski and Berea Area for 2024 based on Saturday Night Science.

Worst Neighborhoods In Baltimore
Source: Public domain

Everything else equal, 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 Baltimore might be more expensive than living in rural Maryland, there are certain neighborhoods that are definitely cheaper.

What exactly are those Baltimore 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 determine which neighborhoods in Baltimore are the cheapest using Saturday Night Science.

The Cheapest Neighborhoods In Baltimore For 2024

  1. Pulaski
  2. Berea Area
  3. Midway-Coldstream
  4. Brooklyn-Curtis Bay
  5. Cedonia
  6. Orangeville
  7. Old Town Area
  8. Beechfielf-Irvington Area
  9. Monument Street Area
  10. Greenmount East

What’s the cheapest neighborhood to live in Baltimore for 2024? According to the most recent census data, Pulaski looks to be the cheapest Baltimore 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 Baltimore. You could be sacrificing location or crime rates for more space and cheaper groceries.

Read on to see how we determined the places around Baltimore that deserve a little bragging rights, or maybe you’re interested in the worst neighborhoods in Baltimore.

For more Maryland reading, check out:


Table Of Contents: Top Ten | Methodology | Summary | Table


The 10 Cheapest Neighborhoods To Live In Baltimore For 2024

Overall SnackAbility

4
/10

Population: 475
Cost Of Living Index: 80 (3rd cheapest)
Home Value To Income Ratio: 1.1 (2nd cheapest)
Rent To Income Ratio: 0.009 (cheapest)
More on Pulaski: Data | Real Estate

Overall SnackAbility

4
/10

Population: 5,628
Cost Of Living Index: 86 (7th cheapest)
Home Value To Income Ratio: 1.6 (4th cheapest)
Rent To Income Ratio: 0.016 (13th cheapest)
More on Berea Area: Data | Real Estate

Overall SnackAbility

6
/10

Population: 10,629
Cost Of Living Index: 89 (14th cheapest)
Home Value To Income Ratio: 2.1 (11th cheapest)
Rent To Income Ratio: 0.016 (14th cheapest)
More on Midway-Coldstream: Data | Real Estate

Brooklyn-Curtis Bay Baltimore, MD

Source: Flickr User presmd | CC BY-SA 2.0
Overall SnackAbility

5
/10

Population: 13,252
Cost Of Living Index: 88 (10th cheapest)
Home Value To Income Ratio: 1.9 (5th cheapest)
Rent To Income Ratio: 0.02 (29th cheapest)
More on Brooklyn-Curtis Bay: Data | Real Estate

Overall SnackAbility

7
/10

Population: 2,695
Cost Of Living Index: 92 (22nd cheapest)
Home Value To Income Ratio: 2.1 (10th cheapest)
Rent To Income Ratio: 0.016 (12th cheapest)
More on Cedonia: Data | Real Estate

Overall SnackAbility

3
/10

Population: 1,174
Cost Of Living Index: 86 (7th cheapest)
Home Value To Income Ratio: 1.4 (3rd cheapest)
Rent To Income Ratio: 0.022 (35th cheapest)
More on Orangeville: Data | Real Estate

Overall SnackAbility

7
/10

Population: 7,411
Cost Of Living Index: 80 (3rd cheapest)
Home Value To Income Ratio: 3.4 (38th cheapest)
Rent To Income Ratio: 0.013 (4th cheapest)
More on Old Town Area: Data | Real Estate

Overall SnackAbility

5
/10

Population: 13,570
Cost Of Living Index: 89 (14th cheapest)
Home Value To Income Ratio: 2.0 (9th cheapest)
Rent To Income Ratio: 0.018 (23rd cheapest)
More on Beechfielf-Irvington Area: Data | Real Estate

Overall SnackAbility

3
/10

Population: 3,168
Cost Of Living Index: 80 (3rd cheapest)
Home Value To Income Ratio: 0.5 (cheapest)
Rent To Income Ratio: 0.025 (43rd cheapest)
More on Monument Street Area: Data | Real Estate

Overall SnackAbility

4
/10

Population: 11,041
Cost Of Living Index: 85 (5th cheapest)
Home Value To Income Ratio: 2.0 (7th cheapest)
Rent To Income Ratio: 0.025 (42nd cheapest)
More on Greenmount East: Data | Real Estate

Methodology: How We Determined The Cheapest Baltimore Hoods In 2024

To rank the cheapest places to live in Baltimore, we had to determine what criteria define “cheap” and then apply Saturday Night Science.

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 54 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 Baltimore.” We’re lookin’ at you, Pulaski.

We updated this article for 2024. This is our fourth time ranking the cheapest neighborhoods to live in Baltimore. Skip to the end to see the list of all the neighborhoods in the city, from cheapest to most expensive.

Summary: Lowest Cost Places To Live In Baltimore

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

The most affordable neighborhoods in Baltimore are Pulaski, Berea Area, Midway-Coldstream, Brooklyn-Curtis Bay, Cedonia, Orangeville, Old Town Area, Beechfielf-Irvington Area, Monument Street Area, and Greenmount East.

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

The most expensive neighborhoods in Baltimore are Wakefield, Jonestown, Reservoir Hill-Bolton Hill Area, Forest Park, and Westgate.

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

For more Maryland reading, check out:

Detailed List Of The Cheapest Neighborhoods To Live In Baltimore For 2024

Rank Neighborhood Cost Of Living Index
1 Pulaski 80
2 Berea Area 86
3 Midway-Coldstream 89
4 Brooklyn-Curtis Bay 88
5 Cedonia 92
6 Orangeville 86
7 Old Town Area 80
8 Beechfielf-Irvington Area 89
9 Monument Street Area 80
10 Greenmount East 85
11 Belaire-Edison 92
12 Dundalk Cityside 86
13 Hamilton Area 97
14 Govans 93
15 Greater Rosemont 89
16 Bayview Area 92
17 Winsor Hills 98
18 Morrell Park 90
19 Upper Northwood 96
20 Hunting Ridge 96
21 Madison-Eastend 88
22 Cherry Hill 87
23 Park Heights 91
24 Locust Point 118
25 Lower Northwood 100
26 Pimlico 92
27 Greater Mount Washington 105
28 Howard Park 100
29 Glen-Fallstaff Area 94
30 Mondawin-Walbrook Area 92
31 Chinquapin Park-Belvedere 114
32 Highlandtown 99
33 West Baltimore 89
34 Fairfield Area 78
35 Patterson Park East 103
36 Riverside 119
37 Grove Park 92
38 Lakeland 89
39 Roland Parl-Homewood-Guilford 118
40 Federal Hill 121
41 Cheswolde Area 110
42 Hampden-Woodberry-Remington 101
43 Inner Harbor 109
44 Canton 116
45 Hopkins-Middle East 91
46 Charles Village 96
47 Franklintown 108
48 Fells Point 119
49 Downtown 97
50 Westgate 100
51 Forest Park 98
52 Reservoir Hill-Bolton Hill Area 104
53 Jonestown 102
54 Wakefield 108
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.