The 10 Cheapest St. Louis, MO Neighborhoods To Live In For 2019


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

Editor’s Note: This is our first time ranking the cheapest neighborhoods to live in St. Louis.
Cheapest Neighborhoods In St. Louis
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 St. Louis might be more expensive than living in rural Missouri, there are certain neighborhoods that are definitely cheaper.

So what exactly are those St. Louis 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 St. Louis are the cheapest.

Here are the cheapest neighborhoods in St. Louis for 2019:

  1. La Salle (Homes)
  2. North Point (Homes)
  3. North Riverfront (Homes)
  4. Downtown (Homes)
  5. Mark Twain (Homes)
  6. Gravois Park (Homes)
  7. Franz Park (Homes)
  8. Calvary-Bellefontaine Cemetery (Homes)
  9. Hyde Park (Homes)
  10. Hamilton Heights (Homes)

What’s the cheapest neighborhood to live in St. Louis for 2019? According to the most recent census data, La Salle looks to be the cheaptest St. Louis 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 St. Louis. 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 St. Louis that deserve a little bragging rights or maybe you’re interested in the worst neighborhoods in St. Louis.

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 Missouri reading, check out:

How We Determined The Cheapest St. Louis Hoods In 2019

In order to rank the cheapest places to live in St. Louis, 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 78 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 St. Louis.’ We’re lookin’ at you, La Salle.

Read on below to learn more about what it’s like to live in the cheapest places St. Louis. 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 St. Louis For 2019

1. La Salle

Overall SnackAbility

3
/10

Population: 214
Cost Of Living Index: 85 (30th cheapest)
Home Value To Income Ratio: 1.8 (8th cheapest)
Rent To Income Ratio: 0.013 (9th cheapest)
More on La Salle: Homes For Sale

The median income in La Salle comes in at $49,444 and the median home value is $91,400 for 2019.

2. North Point

Overall SnackAbility

5
/10

Population: 4,287
Cost Of Living Index: 81 (12th cheapest)
Home Value To Income Ratio: 1.5 (3rd cheapest)
Rent To Income Ratio: 0.018 (35th cheapest)
More on North Point: Homes For Sale

The median income in North Point comes in at $34,782 and the median home value is $53,260 for 2019.

3. North Riverfront

Overall SnackAbility

2
/10

Population: 1,367
Cost Of Living Index: 79 (4th cheapest)
Home Value To Income Ratio: 2.0 (14th cheapest)
Rent To Income Ratio: 0.017 (32nd cheapest)
More on North Riverfront: Homes For Sale

The median income in North Riverfront comes in at $27,263 and the median home value is $55,300 for 2019.

4. Downtown

Overall SnackAbility

5
/10

Population: 4,886
Cost Of Living Index: 87 (36th cheapest)
Home Value To Income Ratio: 1.8 (7th cheapest)
Rent To Income Ratio: 0.015 (18th cheapest)
More on Downtown: Homes For Sale

The median income in Downtown comes in at $53,428 and the median home value is $98,675 for 2019.

5. Mark Twain

Overall SnackAbility

2
/10

Population: 4,569
Cost Of Living Index: 80 (7th cheapest)
Home Value To Income Ratio: 1.8 (6th cheapest)
Rent To Income Ratio: 0.025 (55th cheapest)
More on Mark Twain: Homes For Sale

The median income in Mark Twain comes in at $25,594 and the median home value is $46,888 for 2019.

6. Gravois Park

Overall SnackAbility

4
/10

Population: 5,567
Cost Of Living Index: 81 (12th cheapest)
Home Value To Income Ratio: 1.9 (9th cheapest)
Rent To Income Ratio: 0.024 (52nd cheapest)
More on Gravois Park: Homes For Sale

The median income in Gravois Park comes in at $27,816 and the median home value is $52,300 for 2019.

7. Franz Park

Overall SnackAbility

8
/10

Population: 1,682
Cost Of Living Index: 90 (45th cheapest)
Home Value To Income Ratio: 2.1 (15th cheapest)
Rent To Income Ratio: 0.015 (17th cheapest)
More on Franz Park: Homes For Sale

The median income in Franz Park comes in at $55,406 and the median home value is $116,333 for 2019.

8. Calvary-Bellefontaine Cemetery

Overall SnackAbility

3
/10

Population: 974
Cost Of Living Index: 82 (17th cheapest)
Home Value To Income Ratio: 1.9 (11th cheapest)
Rent To Income Ratio: 0.024 (51st cheapest)
More on Calvary-Bellefontaine Cemetery: Homes For Sale

The median income in Calvary-Bellefontaine Cemetery comes in at $29,097 and the median home value is $56,500 for 2019.

9. Hyde Park

Overall SnackAbility

1
/10

Population: 1,766
Cost Of Living Index: 77 (1st cheapest)
Home Value To Income Ratio: 0.8 (1st cheapest)
Rent To Income Ratio: 0.041 (78th cheapest)
More on Hyde Park: Homes For Sale

The median income in Hyde Park comes in at $17,742 and the median home value is $13,525 for 2019.

10. Hamilton Heights

Overall SnackAbility

3
/10

Population: 2,680
Cost Of Living Index: 78 (2nd cheapest)
Home Value To Income Ratio: 1.0 (2nd cheapest)
Rent To Income Ratio: 0.041 (77th cheapest)
More on Hamilton Heights: Homes For Sale

The median income in Hamilton Heights comes in at $19,192 and the median home value is $19,200 for 2019.

Summing Up The Cheapest Places In St. Louis

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

As we mentioned earlier, the neighborhoods in St. Louis aren’t all cheap. Central West End takes the title of the most expensive neighborhood to live in St. Louis.

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

For more Missouri reading, check out:

Detailed List Of The Cheapest Neighborhoods To Live In St. Louis For 2019

Rank Neighborhood Cost Of Living Index
1 La Salle 85
2 North Point 81
3 North Riverfront 79
4 Downtown 87
5 Mark Twain 80
6 Gravois Park 81
7 Franz Park 90
8 Calvary-Bellefontaine Cemetery 82
9 Hyde Park 77
10 Hamilton Heights 78
11 Debaliviere Place 88
12 College Hill 79
13 North Hampton 89
14 Ellendale 90
15 Walnut Park East 81
16 Wells-Goodfellow 81
17 Fairground Neighborhood 79
18 Holly Hills 89
19 Boulevard Heights 89
20 Bevo Mill 85
21 Hi-Pointe 90
22 Jeffvanderlou 80
23 Kingsway West 81
24 Clifton Heights 90
25 Baden 84
26 Princeton Heights 91
27 Lindenwood Park 93
28 Kosciusko 84
29 Near North Riverfront 80
30 Penrose 83
31 Clayton-Tamm 91
32 Patch 85
33 Riverview 83
34 Walnut Park West 82
35 Oarondelet Park 95
36 Southwest Garden 90
37 Carondelet 85
38 Mount Pleasant 81
39 South Hampton 95
40 The Greater Ville 82
41 Tower Grove South 91
42 Benton Park West 84
43 Peabody-Darst-Webbe 94
44 Dutchtown 84
45 Fox Park 92
46 The Gate District 94
47 The Ville 84
48 Kings Oak 103
49 Cheltenham 95
50 Midtown 85
51 Fountain Park 81
52 Benton Park 95
53 Lewis Place 87
54 Saint Louis Hills 103
55 Tower Grove East 91
56 The Hill 93
57 Mckinley Heights 100
58 Wydown-Skinker 129
59 Kingsway East 83
60 Missouri Botanical Garden 96
61 Soulard 99
62 Tiffany 91
63 Botanical Heights 96
64 Lafayette Square 101
65 Old North Saint Louis 87
66 Saint Louis Place 84
67 Vandeventer 92
68 Downtown West 98
69 Shaw 101
70 Marine Villa 85
71 Compton Heights 111
72 West End 93
73 Skinker-Debaliviere 110
74 Academy 89
75 Forest Park Southeast 95
76 Covenant Blu-Grand Center 87
77 Visitation Park 97
78 Central West End 110

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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