The 10 Cheapest Phoenix, AZ Neighborhoods To Live In For 2019


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

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

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

So what exactly are those Phoenix 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 Phoenix are the cheapest.

Here are the cheapest neighborhoods in Phoenix for 2020:

  1. New Village (Homes)
  2. Estrella (Homes)
  3. South Mountain (Homes)
  4. Maryvale (Homes)
  5. North Mountain (Homes)

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

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 Arizona reading, check out:

How We Determined The Cheapest Phoenix Hoods In 2020

In order to rank the cheapest places to live in Phoenix, 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 15 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 Phoenix.” We’re lookin’ at you, New Village.

Read on below to learn more about what it’s like to live in the cheapest places Phoenix. Or skip to the end to see the list of all the neighborhoods in the city from cheapest to most expensive.

The 5 Cheapest Neighborhoods To Live In Phoenix For 2020

Overall SnackAbility

8
/10

Population: 5,653
Cost Of Living Index: 99 (9th cheapest)
Home Value To Income Ratio: 1.8 (1st cheapest)
Rent To Income Ratio: 0.008 (1st cheapest)
More on New Village: Homes For Sale | Data

The median income in New Village comes in at $96,497 and the median home value is $172,650 for 2020.

Overall SnackAbility

5
/10

Population: 90,255
Cost Of Living Index: 85 (2nd cheapest)
Home Value To Income Ratio: 2.2 (2nd cheapest)
Rent To Income Ratio: 0.023 (13th cheapest)
More on Estrella: Homes For Sale | Data

The median income in Estrella comes in at $38,644 and the median home value is $85,516 for 2020.

South Mountain Phoenix, AZ

Overall SnackAbility

5
/10

Population: 123,300
Cost Of Living Index: 86 (4th cheapest)
Home Value To Income Ratio: 2.5 (4th cheapest)
Rent To Income Ratio: 0.02 (12th cheapest)
More on South Mountain: Homes For Sale | Data

South Mountain Park preserves in a natural state a mountainous area of 16,283 acres or approximately 25.5 sq mi of native desert vegetation. Originally called Phoenix Mountain Park, it was formed in 1924 when President Calvin Coolidge sold its initial 13,000 acres to the city of Phoenix for $17,000. It has since been expanded through bond programs during the 1970s into the early 1980s. It is located south of central Phoenix, hence the name. Since the naming, suburban growth has nearly surrounded the park. Ahwatukee now borders to the south and Laveen to the west.

The median income in South Mountain comes in at $42,577 and the median home value is $107,310 for 2020.

Maryvale Phoenix, AZ

Overall SnackAbility

6
/10

Population: 224,370
Cost Of Living Index: 85 (2nd cheapest)
Home Value To Income Ratio: 2.3 (3rd cheapest)
Rent To Income Ratio: 0.027 (15th cheapest)
More on Maryvale: Homes For Sale | Data

Plans for Maryvale began to take shape during the 1950s, when developer John F. Long came up with the idea of developing a master-planned community on the western part of Phoenix, with an aim of turning the area into a working class suburb for Caucasians. It was the first master planned community in Arizona, and one of the first planned communities in the country. The community was designed to include space for parks, schools, and space to fulfill other community service requirements.

The median income in Maryvale comes in at $36,517 and the median home value is $84,540 for 2020.

North Mountain Phoenix, AZ

Overall SnackAbility

7
/10

Population: 169,088
Cost Of Living Index: 90 (6th cheapest)
Home Value To Income Ratio: 2.7 (7th cheapest)
Rent To Income Ratio: 0.017 (9th cheapest)
More on North Mountain: Homes For Sale | Data

The median income in North Mountain comes in at $50,524 and the median home value is $138,865 for 2020.

Summing Up The Cheapest Places In Phoenix

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

As we mentioned earlier, the neighborhoods in Phoenix aren’t all cheap. Camelback East takes the title of the most expensive neighborhood to live in Phoenix.

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

For more Arizona reading, check out:

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

Rank Neighborhood Cost Of Living Index
1 New Village 99
2 Estrella 85
3 South Mountain 86
4 Maryvale 85
5 North Mountain 90
6 Laveen 98
7 North Gateway 112
8 Deer Valley 101
9 Ahwatukee Foothills 111
10 Alahambra 90
11 Central City 83
12 Encanto 95
13 Paradise Valley 106
14 Desert View 121
15 Camelback East 103

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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