The 10 Cheapest Philadelphia, PA Neighborhoods To Live In For 2019


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

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

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

So what exactly are those Philadelphia 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 Philadelphia are the cheapest.

What’s the cheapest neighborhood to live in Philadelphia for 2020? According to the most recent census data, Marconi Plaza-Packer Park looks to be the cheaptest Philadelphia 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 Philadelphia. 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 Philadelphia that deserve a little bragging rights or maybe you’re interested in the worst neighborhoods in Philadelphia.

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 Pennsylvania reading, check out:

How We Determined The Cheapest Philadelphia Hoods In 2020

In order to rank the cheapest places to live in Philadelphia, 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 56 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 Philadelphia.” We’re lookin’ at you, Marconi Plaza-Packer Park.

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

Overall SnackAbility

7
/10

Population: 5,804
Cost Of Living Index: 95 (9th cheapest)
Home Value To Income Ratio: 1.5 (1st cheapest)
Rent To Income Ratio: 0.006 (1st cheapest)
More on Marconi Plaza-Packer Park: Homes For Sale | Data

The median income in Marconi Plaza-Packer Park comes in at $69,608 and the median home value is $105,150 for 2020.

Overall SnackAbility

6
/10

Population: 43,954
Cost Of Living Index: 96 (14th cheapest)
Home Value To Income Ratio: 2.2 (4th cheapest)
Rent To Income Ratio: 0.018 (25th cheapest)
More on Richmond: Homes For Sale | Data

The median income in Richmond comes in at $41,396 and the median home value is $92,369 for 2020.

Overall SnackAbility

5
/10

Population: 10,284
Cost Of Living Index: 96 (14th cheapest)
Home Value To Income Ratio: 2.7 (15th cheapest)
Rent To Income Ratio: 0.015 (14th cheapest)
More on Eastwick: Homes For Sale | Data

The median income in Eastwick comes in at $39,122 and the median home value is $107,470 for 2020.

Overall SnackAbility

7
/10

Population: 27,190
Cost Of Living Index: 98 (21st cheapest)
Home Value To Income Ratio: 2.4 (9th cheapest)
Rent To Income Ratio: 0.016 (17th cheapest)
More on Wissanoning: Homes For Sale | Data

The median income in Wissanoning comes in at $44,320 and the median home value is $108,379 for 2020.

Overall SnackAbility

8
/10

Population: 42,412
Cost Of Living Index: 99 (22nd cheapest)
Home Value To Income Ratio: 3.2 (23rd cheapest)
Rent To Income Ratio: 0.012 (6th cheapest)
More on Oak Lane: Homes For Sale | Data

The median income in Oak Lane comes in at $42,352 and the median home value is $135,242 for 2020.

Haddington-Carroll Park Philadelphia, PA

Source: Public domain
Overall SnackAbility

4
/10

Population: 35,068
Cost Of Living Index: 93 (6th cheapest)
Home Value To Income Ratio: 2.4 (7th cheapest)
Rent To Income Ratio: 0.023 (39th cheapest)
More on Haddington-Carroll Park: Homes For Sale | Data

Carroll Park is a neighborhood in West Philadelphia. Its boundaries are Lansdowne Avenue to the north, West Girard Avenue to the south, North 63rd Street to the west, and North 52nd Street to the east. Along major streets of the neighborhood, the Carroll Park Community Council, Inc. has placed banners that say Carroll Park: Where our neighbors become friends. The 10 trolley runs along Lansdowne Avenue and the 15 trolley runs along Girard Avenue. There is a park by the name of Carroll Park between North 59th and North 58th Streets and West Thompson Street and West Girard Avenue. Carroll Parks residents are primarily working-class and lower-income African-Americans.

The median income in Haddington-Carroll Park comes in at $28,706 and the median home value is $68,396 for 2020.

Alleghany West Philadelphia, PA

Source: Public domain
Overall SnackAbility

4
/10

Population: 18,676
Cost Of Living Index: 92 (4th cheapest)
Home Value To Income Ratio: 1.9 (2nd cheapest)
Rent To Income Ratio: 0.031 (50th cheapest)
More on Alleghany West: Homes For Sale | Data

Allegheny West is a neighborhood in the North Philadelphia section of Philadelphia. It is named after an association formed by Pep Boys and Tasty Baking Company, among others, and the community bordering East Falls, Strawberry Mansion and Tioga-Nicetown. Its location in the vicinity of Allegheny Avenue on the western side of Broad Street.

Like many neighborhoods in North Philadelphia, Allegheny West is primarily a poor African-American enclave that has suffered post-industrial decline and disinvestment. It faced one of the largest population losses of any neighborhood in Philadelphia between the 1990 and 2000 census. Vacant industrial sites, such as those once used to build commuter rail trains by Budd Steel, have in recent years been used in film productions. The former Tasty Baking Co. food production facility is undergoing renovation as a mixed-use site; The former headquarters has been leveled to make way for a 75000 sq. ft grocery-anchored outlet mall.

The median income in Alleghany West comes in at $25,196 and the median home value is $48,477 for 2020.

Elmwood Philadelphia, PA

Source: Public domain
Overall SnackAbility

5
/10

Population: 24,891
Cost Of Living Index: 96 (14th cheapest)
Home Value To Income Ratio: 2.5 (11th cheapest)
Rent To Income Ratio: 0.02 (32nd cheapest)
More on Elmwood: Homes For Sale | Data

Elmwood Park, also known simply as Elmwood, is a neighborhood in the Southwest section of Philadelphia, Pennsylvania, United States. It borders the city line with Delaware County at Cobbs Creek, and extends to the Schuylkill River. The Eastwick neighborhood borders it to the southwest, and Kingsessing borders it on the northeast.

Poles and Irish Americans had long been the majority in the neighborhood, organized around Catholic parishes established throughout the early to mid 20th century.

The median income in Elmwood comes in at $36,424 and the median home value is $90,648 for 2020.

Tioga-Nicetown Philadelphia, PA

Source: Public domain
Overall SnackAbility

4
/10

Population: 17,382
Cost Of Living Index: 92 (4th cheapest)
Home Value To Income Ratio: 2.3 (6th cheapest)
Rent To Income Ratio: 0.028 (48th cheapest)
More on Tioga-Nicetown: Homes For Sale | Data

Nicetown-Tioga is a neighborhood in the North Philadelphia section of the city of Philadelphia, in the U.S. state of Pennsylvania. It comprises two smaller, older neighborhoods, Nicetown and Tioga, although the distinction between the two is rarely emphasized today. The name “Nicetown” is often simply used to refer to any part of Nicetown-Tioga.

The median income in Tioga-Nicetown comes in at $24,935 and the median home value is $58,569 for 2020.

Strawberry Mansion Philadelphia, PA

Overall SnackAbility

4
/10

Population: 19,690
Cost Of Living Index: 95 (9th cheapest)
Home Value To Income Ratio: 2.3 (5th cheapest)
Rent To Income Ratio: 0.026 (45th cheapest)
More on Strawberry Mansion: Homes For Sale | Data

Strawberry Mansion is a neighborhood in the United States city of Philadelphia, Pennsylvania, located east of Fairmount Park in North Philadelphia. The neighborhood is bounded by 33rd Street to the west, 29th Street to the east, Lehigh Avenue to the north, and Oxford Street to the south. As of the 2000 census, the neighborhood had a population of 22,562. It is often associated with the historic house of the same name, Historic Strawberry Mansion, located adjacent to the neighborhood and generally thought to be the source of the community’s name.

In 2005, the 19121 zip code, which contains Strawberry Mansion, had a median home sale price of $47,900. This was an 85% increase, the largest of any zip code in Philadelphia, from the 2004 median sale price.

The median income in Strawberry Mansion comes in at $31,085 and the median home value is $71,938 for 2020.

Summing Up The Cheapest Places In Philadelphia

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

As we mentioned earlier, the neighborhoods in Philadelphia aren’t all cheap. City Center West takes the title of the most expensive neighborhood to live in Philadelphia.

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

For more Pennsylvania reading, check out:

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

Rank Neighborhood Cost Of Living Index
1 Marconi Plaza-Packer Park 95
2 Richmond 96
3 Eastwick 96
4 Wissanoning 98
5 Oak Lane 99
6 Haddington-Carroll Park 93
7 Alleghany West 92
8 Elmwood 96
9 Tioga-Nicetown 92
10 Strawberry Mansion 95
11 Morris Park 99
12 Holmesburry-Torresdale 101
13 Harrowgate 92
14 Torresdale 107
15 Mayfield 102
16 Logan-Fern Rock 95
17 Cedar Brook 103
18 Academy Gardens 108
19 Hunting Park 93
20 Fairhill 91
21 Juniata Park-Feltonville 96
22 Olney 97
23 Fox Chase 109
24 Byberry 110
25 Frankford 97
26 Summerdale 101
27 Roxborough 114
28 Hartranft 92
29 Girard Estates 106
30 Kensington 103
31 Germantown 97
32 Oxford Circle 102
33 Fishtown 116
34 Wynnefield 101
35 Bustleton 113
36 North Central 96
37 Grays Ferry 97
38 Manayunk 116
39 Brewerytown 102
40 Belmont 96
41 Mount Airy 113
42 Point Breeze 103
43 Rhawnhurst 109
44 South Philadelphia 107
45 Pennsport-Whitman-Queen 112
46 Somerton 112
47 Chestnut Hill 141
48 Schuylkill Southwest 124
49 East Falls 113
50 Riverfront 136
51 Cobbs Creek 103
52 Poplar-Ludlow-Yorktowne 107
53 Fairmount-Spring Garden 127
54 Wharton-Hawthorne-Bella Vista 119
55 City Center East 146
56 City Center West 143

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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