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 Fresno might be more expensive than living in rural California, there are certain neighborhoods that are definitely cheaper.
So what exactly are those Fresno 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 Fresno are the cheapest.
What’s the cheapest neighborhood to live in Fresno for 2020? According to the most recent census data, South Growth Area looks to be the cheaptest Fresno 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 Fresno. 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 Fresno that deserve a little bragging rights or maybe you’re interested in the worst neighborhoods in Fresno.
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 California reading, check out:
- Best Places To Live In California
- Best Counties To Live In California
- Cheapest Cities To Live In America
- Cheapest States To Live In America
How We Determined The Cheapest Fresno Hoods In 2020
In order to rank the cheapest places to live in Fresno, 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 12 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 Fresno.” We’re lookin’ at you, South Growth Area.
Read on below to learn more about what it’s like to live in the cheapest places Fresno. 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 Fresno For 2020
The median income in South Growth Area comes in at $66,411 and the median home value is $201,550 for 2020.
The median income in Mclane comes in at $37,406 and the median home value is $125,893 for 2020.
The “West Side” of Fresno, also often called “Southwest Fresno”, is one of the oldest neighborhoods in the city. The neighborhood lies southwest of the 99 freeway, west of the 41 freeway and south of Nielsen Ave, and extends to the city limits to the west and south. The neighborhood is traditionally considered to be the center of Fresno’s African-American community. It is culturally diverse and also includes significant Mexican-American and Asian-American populations.
The median income in West comes in at $42,317 and the median home value is $135,725 for 2020.
The median income in Hoover comes in at $45,225 and the median home value is $149,084 for 2020.
Woodward Park is a public park located in Fresno, California, abutting the San Joaquin River. It is the largest of the three major public parks in the Fresno area. Ralph Woodward donated the majority of the land for the park in 1968. The CIF Cross Country State Championships are hosted here every November.
The median income in Woodward Park comes in at $78,412 and the median home value is $276,362 for 2020.
Summing Up The Cheapest Places In Fresno
If you’re measuring the neighborhoods in Fresno where prices are low and it’s cheap to live, this is an accurate list.
As we mentioned earlier, the neighborhoods in Fresno aren’t all cheap. North Growth Area takes the title of the most expensive neighborhood to live in Fresno.
We ranked the neighborhoods from cheapest to most expensive in the chart below.
For more California reading, check out:
- Cheapest Places To Live In California
- Best Places To Raise A Family In California
- Best Places To Retire In California
- Richest Cities In California
- Safest Places In California
- Worst Places To Live In California
Detailed List Of The Cheapest Neighborhoods To Live In Fresno For 2020
|Rank||Neighborhood||Cost Of Living Index|
|1||South Growth Area||110|
|11||Southeast Growth Area||121|
|12||North Growth Area||135|