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 El Paso might be more expensive than living in rural Texas, there are certain neighborhoods that are definitely cheaper.
So what exactly are those El Paso 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 El Paso are the cheapest.
What’s the cheapest neighborhood to live in El Paso for 2020? According to the most recent census data, United looks to be the cheaptest El Paso 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 El Paso. 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 El Paso that deserve a little bragging rights or maybe you’re interested in the worst neighborhoods in El Paso.
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:
- Best Places To Live In Texas
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- Cheapest Cities To Live In America
- Cheapest States To Live In America
How We Determined The Cheapest El Paso Hoods In 2020
In order to rank the cheapest places to live in El Paso, 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 49 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 El Paso.” We’re lookin’ at you, United.
Read on below to learn more about what it’s like to live in the cheapest places El Paso. 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 El Paso For 2020
The median income in United comes in at $37,693 and the median home value is $89,260 for 2020.
The median income in Eagle comes in at $14,812 and the median home value is $26,300 for 2020.
The median income in Central comes in at $31,873 and the median home value is $79,965 for 2020.
The median income in Stoneridge comes in at $55,518 and the median home value is $122,800 for 2020.
The median income in Lower Valley comes in at $32,763 and the median home value is $86,098 for 2020.
The median income in Cielo Vista comes in at $47,714 and the median home value is $122,240 for 2020.
The median income in Carpenter comes in at $41,038 and the median home value is $104,000 for 2020.
East El Paso is an area of El Paso, Texas, United States, that is located north of Interstate 10, east of Airway Blvd., and south of Montana Ave. East El Paso is the fastest growing area of town. With a population of over 150,000, east El Paso is also the largest area of town. Its neighborhoods are mainly middle-class, but east El Paso does have a considerable number of affluent neighborhoods. East El Paso is noted also for its ridges and cliffs which offer desirable views of the Lower Valley, Juarez, the Franklin Mountains and Downtown El Paso. It also possesses the greatest number of entertainment venues in the city.
The median income in East Side comes in at $56,714 and the median home value is $134,559 for 2020.
The median income in Las Palmas comes in at $62,376 and the median home value is $154,750 for 2020.
North Hills is a residential neighborhood in the Northeast section of El Paso, Texas.
The median income in North Hills comes in at $76,895 and the median home value is $165,880 for 2020.
Summing Up The Cheapest Places In El Paso
If you’re measuring the neighborhoods in El Paso where prices are low and it’s cheap to live, this is an accurate list.
As we mentioned earlier, the neighborhoods in El Paso aren’t all cheap. Rosedale takes the title of the most expensive neighborhood to live in El Paso.
We ranked the neighborhoods from cheapest to most expensive in the chart below.
For more Texas reading, check out:
- Cheapest Places To Live In Texas
- Best Places To Raise A Family In Texas
- Best Places To Retire In Texas
- Richest Cities In Texas
- Safest Places In Texas
- Worst Places To Live In Texas
Detailed List Of The Cheapest Neighborhoods To Live In El Paso For 2020
|Rank||Neighborhood||Cost Of Living Index|
|16||Save The Valley 21||79|
|17||Ysleta Mission Valley||80|
|21||A Presidential Neighborhood||75|
|24||El Paso Lower Valley||78|
|37||Friends Of Karl Wyler||86|
|38||Silver Springs Village||108|
|39||La Colonia Escondida||115|
|40||Willow Bend One||115|
|46||El Paso High||79|