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 San Antonio might be more expensive than living in rural Texas, there are certain neighborhoods that are definitely cheaper.
So what exactly are those San Antonio 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 San Antonio are the cheapest.
What’s the cheapest neighborhood to live in San Antonio for 2020? According to the most recent census data, Wilshire looks to be the cheaptest San Antonio 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 San Antonio. 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 San Antonio that deserve a little bragging rights or maybe you’re interested in the worst neighborhoods in San Antonio.
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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How We Determined The Cheapest San Antonio Hoods In 2020
In order to rank the cheapest places to live in San Antonio, 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 296 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 San Antonio.” We’re lookin’ at you, Wilshire.
Read on below to learn more about what it’s like to live in the cheapest places San Antonio. 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 San Antonio For 2020
The median income in Wilshire comes in at $45,655 and the median home value is $59,267 for 2020.
The median income in South Southwest comes in at $51,655 and the median home value is $78,989 for 2020.
The median income in Tierra Linda comes in at $36,443 and the median home value is $51,975 for 2020.
The median income in Misty Oaks comes in at $57,426 and the median home value is $94,650 for 2020.
The median income in Highland Forest comes in at $51,719 and the median home value is $78,800 for 2020.
The median income in Valencia comes in at $81,013 and the median home value is $131,167 for 2020.
The median income in Olmos Park Terrace comes in at $46,077 and the median home value is $87,150 for 2020.
The median income in Kingsborough Ridge comes in at $44,602 and the median home value is $86,880 for 2020.
The median income in Rainbow Hills comes in at $50,706 and the median home value is $78,533 for 2020.
The median income in El Dorado comes in at $74,811 and the median home value is $129,100 for 2020.
Summing Up The Cheapest Places In San Antonio
If you’re measuring the neighborhoods in San Antonio where prices are low and it’s cheap to live, this is an accurate list.
As we mentioned earlier, the neighborhoods in San Antonio aren’t all cheap. Maverick Creek takes the title of the most expensive neighborhood to live in San Antonio.
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
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