The 10 Cheapest Lincoln, NE Neighborhoods To Live In For 2019


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

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

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

So what exactly are those Lincoln 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 Lincoln are the cheapest.

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

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 Nebraska reading, check out:

How We Determined The Cheapest Lincoln Hoods In 2020

In order to rank the cheapest places to live in Lincoln, 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 41 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 Lincoln.” We’re lookin’ at you, West A.

Read on below to learn more about what it’s like to live in the cheapest places Lincoln. 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 Lincoln For 2020

Overall SnackAbility

8
/10

Population: 9,627
Cost Of Living Index: 87 (13th cheapest)
Home Value To Income Ratio: 2.0 (3rd cheapest)
Rent To Income Ratio: 0.012 (11th cheapest)
More on West A: Homes For Sale | Data

The median income in West A comes in at $56,911 and the median home value is $111,317 for 2020.

Overall SnackAbility

7
/10

Population: 122
Cost Of Living Index: 90 (22nd cheapest)
Home Value To Income Ratio: 2.1 (5th cheapest)
Rent To Income Ratio: 0.009 (6th cheapest)
More on Salt Valley View: Homes For Sale | Data

The median income in Salt Valley View comes in at $68,313 and the median home value is $141,500 for 2020.

Overall SnackAbility

8
/10

Population: 858
Cost Of Living Index: 90 (22nd cheapest)
Home Value To Income Ratio: 2.1 (9th cheapest)
Rent To Income Ratio: 0.005 (3rd cheapest)
More on Maple Village-Wedgewood: Homes For Sale | Data

The median income in Maple Village-Wedgewood comes in at $76,160 and the median home value is $160,450 for 2020.

Overall SnackAbility

9.5
/10

Population: 5,080
Cost Of Living Index: 92 (27th cheapest)
Home Value To Income Ratio: 2.1 (6th cheapest)
Rent To Income Ratio: 0.002 (1st cheapest)
More on Country Club: Homes For Sale | Data

An area from South Street to Nebraska Highway; generally east of S. 20thHigh Streets, the Sheridan Boulevard area was the first addition to Lincoln that stepped away from the “grid pattern” into the winding side streets that characterize most modern residential areas. This area is listed under the National Registrar of Historic Places as the “Boulevards” district.

The median income in Country Club comes in at $91,167 and the median home value is $189,825 for 2020.

Overall SnackAbility

8.5
/10

Population: 313
Cost Of Living Index: 93 (28th cheapest)
Home Value To Income Ratio: 1.7 (2nd cheapest)
Rent To Income Ratio: 0.006 (4th cheapest)
More on Yankee Hill: Homes For Sale | Data

The median income in Yankee Hill comes in at $100,341 and the median home value is $172,400 for 2020.

Overall SnackAbility

8.5
/10

Population: 3,312
Cost Of Living Index: 89 (19th cheapest)
Home Value To Income Ratio: 2.4 (17th cheapest)
Rent To Income Ratio: 0.003 (2nd cheapest)
More on Colonial Hills: Homes For Sale | Data

An area from Pioneers Boulevard to Old Cheney Road/Nebraska Highway and from S. 56th to S. 70th Streets. Colonial Hills also includes the area at and west of the College View Cemetery from S. 56th to S. 70th Streets.

The median income in Colonial Hills comes in at $68,592 and the median home value is $165,125 for 2020.

Overall SnackAbility

8
/10

Population: 3,244
Cost Of Living Index: 88 (16th cheapest)
Home Value To Income Ratio: 2.4 (18th cheapest)
Rent To Income Ratio: 0.009 (7th cheapest)
More on Indian Village: Homes For Sale | Data

The Indian Village neighborhood is located from Van Dorn Street on the north to Highway 2 on the south, from 9th Street on the west to 20th Street on the east.

The median income in Indian Village comes in at $53,282 and the median home value is $129,125 for 2020.

Overall SnackAbility

8.5
/10

Population: 4,085
Cost Of Living Index: 89 (19th cheapest)
Home Value To Income Ratio: 2.3 (15th cheapest)
Rent To Income Ratio: 0.012 (10th cheapest)
More on 40th And A: Homes For Sale | Data

An area from Randolph to South Streets/Normal Boulevard and from S. 33rd to S. 48th Streets.

The median income in 40th And A comes in at $56,031 and the median home value is $129,900 for 2020.

Overall SnackAbility

6
/10

Population: 912
Cost Of Living Index: 86 (10th cheapest)
Home Value To Income Ratio: 2.5 (20th cheapest)
Rent To Income Ratio: 0.014 (14th cheapest)
More on Antelope Park: Homes For Sale | Data

The median income in Antelope Park comes in at $44,446 and the median home value is $109,700 for 2020.

Overall SnackAbility

5
/10

Population: 1,146
Cost Of Living Index: 84 (6th cheapest)
Home Value To Income Ratio: 1.5 (1st cheapest)
Rent To Income Ratio: 0.023 (38th cheapest)
More on Tri-Court: Homes For Sale | Data

The median income in Tri-Court comes in at $41,250 and the median home value is $63,200 for 2020.

Summing Up The Cheapest Places In Lincoln

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

As we mentioned earlier, the neighborhoods in Lincoln aren’t all cheap. Sunset Acres takes the title of the most expensive neighborhood to live in Lincoln.

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

For more Nebraska reading, check out:

Detailed List Of The Cheapest Neighborhoods To Live In Lincoln For 2020

Rank Neighborhood Cost Of Living Index
1 West A 87
2 Salt Valley View 90
3 Maple Village-Wedgewood 90
4 Country Club 92
5 Yankee Hill 93
6 Colonial Hills 89
7 Indian Village 88
8 40th And A 89
9 Antelope Park 86
10 Tri-Court 84
11 Arnold Heights 86
12 High Ridge-Cushman 94
13 North Bottoms 82
14 Meadowlane 91
15 Hartley 83
16 East Campus 88
17 Porter Ridge 104
18 Woods Park 87
19 South Salt Creek 84
20 University Place 87
21 Everett 81
22 Highlands 97
23 Belmont 88
24 Capitol Beach 93
25 Family Acres 106
26 Greater South 94
27 South 48th Street 91
28 Far South 91
29 Crown Pointe 101
30 Amber Hills 112
31 Near South 85
32 Landons 91
33 Clinton 85
34 Downtown 83
35 Malone 85
36 Southern Hills 103
37 Autumn Wood 89
38 Eastridge 94
39 Bishop Park 102
40 Taylor Park 98
41 Sunset Acres 97

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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