The 10 Cheapest Henderson, NV Neighborhoods To Live In For 2019


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

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

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

So what exactly are those Henderson 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 Henderson are the cheapest.

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

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 Nevada reading, check out:

How We Determined The Cheapest Henderson Hoods In 2019

In order to rank the cheapest places to live in Henderson, 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 23 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 Henderson.’ We’re lookin’ at you, Townsite.

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

Overall SnackAbility

4
/10

Population: 5,466
Cost Of Living Index: 91 (1st cheapest)
Home Value To Income Ratio: 2.3 (1st cheapest)
Rent To Income Ratio: 0.017 (12th cheapest)
More on Townsite: Homes For Sale | Data

The median income in Townsite comes in at $48,803 and the median home value is $114,183 for 2019.

Overall SnackAbility

8
/10

Population: 7,111
Cost Of Living Index: 98 (5th cheapest)
Home Value To Income Ratio: 3.0 (9th cheapest)
Rent To Income Ratio: 0.009 (1st cheapest)
More on Black Mountain: Homes For Sale | Data

The median income in Black Mountain comes in at $66,505 and the median home value is $198,157 for 2019.

Overall SnackAbility

5
/10

Population: 2,833
Cost Of Living Index: 100 (6th cheapest)
Home Value To Income Ratio: 2.5 (3rd cheapest)
Rent To Income Ratio: 0.016 (8th cheapest)
More on Midway: Homes For Sale | Data

The median income in Midway comes in at $70,488 and the median home value is $175,250 for 2019.

Green Valley South Henderson, NV

Overall SnackAbility

8.5
/10

Population: 21,964
Cost Of Living Index: 105 (12th cheapest)
Home Value To Income Ratio: 2.7 (4th cheapest)
Rent To Income Ratio: 0.013 (2nd cheapest)
More on Green Valley South: Homes For Sale | Data

Green Valley is an upscale neighborhood of Henderson, Nevada. Green Valley is Southern Nevadas first master-planned community built before Summerlin. The Green Valley Master Community development was founded in 1978 by American Nevada Corporation in an area of 8,400 acres on the southeast part of the Las Vegas Valley. Smaller enclaves called Green Valley Ranch and Green Valley South in later years within the boundaries of the master community. Green Valley South began construction around 1985, while Green Valley Ranch began construction in 1994. It is an upscale community with many amenities. Shopping, bars, and restaurants reside at The District at Green Valley Ranch. Green Valley postal codes include: all of 89074, 89014, and 89012. Green Valley Ranch extends into the eastern areas of the zip code of 89052.

The median income in Green Valley South comes in at $80,779 and the median home value is $221,486 for 2019.

River Mountain Henderson, NV

Overall SnackAbility

8
/10

Population: 11,625
Cost Of Living Index: 102 (8th cheapest)
Home Value To Income Ratio: 2.8 (5th cheapest)
Rent To Income Ratio: 0.015 (5th cheapest)
More on River Mountain: Homes For Sale | Data

The median income in River Mountain comes in at $70,492 and the median home value is $194,970 for 2019.

Overall SnackAbility

5
/10

Population: 796
Cost Of Living Index: 105 (12th cheapest)
Home Value To Income Ratio: 2.8 (6th cheapest)
Rent To Income Ratio: 0.014 (3rd cheapest)
More on Clark County: Homes For Sale | Data

The median income in Clark County comes in at $77,871 and the median home value is $220,900 for 2019.

Overall SnackAbility

8.5
/10

Population: 10,583
Cost Of Living Index: 101 (7th cheapest)
Home Value To Income Ratio: 2.4 (2nd cheapest)
Rent To Income Ratio: 0.019 (16th cheapest)
More on Highland Hills: Homes For Sale | Data

The median income in Highland Hills comes in at $68,711 and the median home value is $163,471 for 2019.

Overall SnackAbility

7
/10

Population: 6,296
Cost Of Living Index: 105 (12th cheapest)
Home Value To Income Ratio: 3.0 (11th cheapest)
Rent To Income Ratio: 0.015 (6th cheapest)
More on Foothills: Homes For Sale | Data

The median income in Foothills comes in at $73,730 and the median home value is $223,900 for 2019.

Overall SnackAbility

5
/10

Population: 11,637
Cost Of Living Index: 95 (4th cheapest)
Home Value To Income Ratio: 3.1 (13th cheapest)
Rent To Income Ratio: 0.018 (14th cheapest)
More on Whitney Ranch: Homes For Sale | Data

The median income in Whitney Ranch comes in at $49,152 and the median home value is $151,662 for 2019.

Overall SnackAbility

6
/10

Population: 10,713
Cost Of Living Index: 95 (4th cheapest)
Home Value To Income Ratio: 2.8 (7th cheapest)
Rent To Income Ratio: 0.023 (21st cheapest)
More on Pittman: Homes For Sale | Data

The median income in Pittman comes in at $46,221 and the median home value is $131,633 for 2019.

Summing Up The Cheapest Places In Henderson

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

As we mentioned earlier, the neighborhoods in Henderson aren’t all cheap. Lake Las Vegas takes the title of the most expensive neighborhood to live in Henderson.

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

For more Nevada reading, check out:

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

Rank Neighborhood Cost Of Living Index
1 Townsite 91
2 Black Mountain 98
3 Midway 100
4 Green Valley South 105
5 River Mountain 102
6 Clark County 105
7 Highland Hills 101
8 Foothills 105
9 Whitney Ranch 95
10 Pittman 95
11 Valley View 93
12 Gibson Springs 103
13 Paradise Hills 113
14 Mccullough Hills 109
15 Mission Hills 108
16 Macdonald Ranch 118
17 Green Valley North 104
18 Westgate 116
19 Green Valley Ranch 119
20 West Henderson 111
21 Anthem 132
22 Calico Ridge 123
23 Lake Las Vegas 135

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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