The 10 Cheapest Fort Worth, TX Neighborhoods To Live In For 2019


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

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

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

So what exactly are those Fort Worth 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 Fort Worth are the cheapest.

Here are the cheapest neighborhoods in Fort Worth for 2020:

  1. Far Northwest (Homes)
  2. Northside (Homes)
  3. South East (Homes)
  4. Far North (Homes)
  5. Northeast (Homes)

What’s the cheapest neighborhood to live in Fort Worth for 2020? According to the most recent census data, Far Northwest looks to be the cheaptest Fort Worth 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 Fort Worth. 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 Fort Worth that deserve a little bragging rights or maybe you’re interested in the worst neighborhoods in Fort Worth.

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 Fort Worth Hoods In 2020

In order to rank the cheapest places to live in Fort Worth, 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 16 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 Fort Worth.” We’re lookin’ at you, Far Northwest.

Read on below to learn more about what it’s like to live in the cheapest places Fort Worth. Or skip to the end to see the list of all the neighborhoods in the city from cheapest to most expensive.

The 5 Cheapest Neighborhoods To Live In Fort Worth For 2020

Overall SnackAbility

8
/10

Population: 33,891
Cost Of Living Index: 96 (10th cheapest)
Home Value To Income Ratio: 1.8 (2nd cheapest)
Rent To Income Ratio: 0.012 (4th cheapest)
More on Far Northwest: Homes For Sale | Data

The median income in Far Northwest comes in at $74,826 and the median home value is $135,505 for 2020.

Overall SnackAbility

5
/10

Population: 44,752
Cost Of Living Index: 86 (2nd cheapest)
Home Value To Income Ratio: 1.9 (4th cheapest)
Rent To Income Ratio: 0.018 (10th cheapest)
More on Northside: Homes For Sale | Data

The median income in Northside comes in at $37,189 and the median home value is $68,951 for 2020.

Overall SnackAbility

4
/10

Population: 59,810
Cost Of Living Index: 85 (1st cheapest)
Home Value To Income Ratio: 1.7 (1st cheapest)
Rent To Income Ratio: 0.024 (16th cheapest)
More on South East: Homes For Sale | Data

The median income in South East comes in at $31,691 and the median home value is $53,724 for 2020.

Overall SnackAbility

8.5
/10

Population: 141,442
Cost Of Living Index: 99 (13th cheapest)
Home Value To Income Ratio: 1.9 (5th cheapest)
Rent To Income Ratio: 0.011 (2nd cheapest)
More on Far North: Homes For Sale | Data

The median income in Far North comes in at $83,972 and the median home value is $156,796 for 2020.

Overall SnackAbility

5
/10

Population: 38,197
Cost Of Living Index: 88 (4th cheapest)
Home Value To Income Ratio: 1.8 (3rd cheapest)
Rent To Income Ratio: 0.021 (15th cheapest)
More on Northeast: Homes For Sale | Data

The median income in Northeast comes in at $40,654 and the median home value is $73,740 for 2020.

Summing Up The Cheapest Places In Fort Worth

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

As we mentioned earlier, the neighborhoods in Fort Worth aren’t all cheap. Arlington Heights takes the title of the most expensive neighborhood to live in Fort Worth.

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 Fort Worth For 2020

Rank Neighborhood Cost Of Living Index
1 Far Northwest 96
2 Northside 86
3 South East 85
4 Far North 99
5 Northeast 88
6 Far West 96
7 Wedgwood 95
8 Southside 88
9 Sycamore 90
10 Far Southwest 106
11 Eastside 93
12 Western Hills-Ridglea 94
13 Far South 97
14 Downtown 97
15 Tcu-West Cliff 110
16 Arlington Heights 107

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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