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 Houston might be more expensive than living in rural Texas, there are certain neighborhoods that are definitely cheaper.
So what exactly are those Houston 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 Houston are the cheapest.
What’s the cheapest neighborhood to live in Houston for 2020? According to the most recent census data, Pasadina looks to be the cheaptest Houston 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 Houston. 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 Houston that deserve a little bragging rights or maybe you’re interested in the worst neighborhoods in Houston.
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 States To Live In America
How We Determined The Cheapest Houston Hoods In 2020
In order to rank the cheapest places to live in Houston, 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 26 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 Houston.” We’re lookin’ at you, Pasadina.
Read on below to learn more about what it’s like to live in the cheapest places Houston. 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 Houston For 2020
The median income in Pasadina comes in at $64,381 and the median home value is $121,525 for 2020.
The median income in Far Northeast comes in at $90,179 and the median home value is $191,832 for 2020.
The median income in Far North comes in at $30,316 and the median home value is $52,586 for 2020.
Downtown is the largest business district in Houston, Texas, located near the geographic center of the metropolitan area at the confluence of Interstate 10, Interstate 45, and Interstate 69. The 1.84-square-mile district, enclosed by the aforementioned highways, contains the original townsite of Houston at the confluence of Buffalo Bayou and White Oak Bayou, a point known as Allen’s Landing. Downtown has been the city’s preeminent commercial district since its founding in 1836.
The median income in Downtown comes in at $114,810 and the median home value is $63,900 for 2020.
The median income in Meyerland comes in at $73,349 and the median home value is $194,318 for 2020.
The median income in Northeast comes in at $32,777 and the median home value is $66,156 for 2020.
The median income in Sugarland comes in at $42,634 and the median home value is $83,472 for 2020.
The median income in Southeast comes in at $41,297 and the median home value is $97,556 for 2020.
The median income in Southwest comes in at $48,850 and the median home value is $102,760 for 2020.
The median income in Westchase comes in at $51,899 and the median home value is $131,521 for 2020.
Summing Up The Cheapest Places In Houston
If you’re measuring the neighborhoods in Houston where prices are low and it’s cheap to live, this is an accurate list.
As we mentioned earlier, the neighborhoods in Houston aren’t all cheap. River Oaks takes the title of the most expensive neighborhood to live in Houston.
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 Houston For 2020
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