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

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

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

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

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

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.

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

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.

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.

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.

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

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:

• Cheapest Places To Live In Nebraska
• Best Places To Raise A Family In Nebraska
• Best Places To Retire In Nebraska
• Richest Cities In Nebraska
• Safest Places In Nebraska
• Worst Places To Live In Nebraska

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