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 Wichita might be more expensive than living in rural Kansas, there are certain neighborhoods that are definitely cheaper.
So what exactly are those Wichita 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 Wichita are the cheapest.
What’s the cheapest neighborhood to live in Wichita for 2020? According to the most recent census data, South Area looks to be the cheaptest Wichita 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 Wichita. 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 Wichita that deserve a little bragging rights or maybe you’re interested in the worst neighborhoods in Wichita.
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 Kansas reading, check out:
- Best Places To Live In Kansas
- Best Counties To Live In Kansas
- Cheapest Cities To Live In America
- Cheapest States To Live In America
How We Determined The Cheapest Wichita Hoods In 2020
In order to rank the cheapest places to live in Wichita, 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 71 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 Wichita.” We’re lookin’ at you, South Area.
Read on below to learn more about what it’s like to live in the cheapest places Wichita. 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 Wichita For 2020
The median income in South Area comes in at $47,537 and the median home value is $68,129 for 2020.
The median income in South City Community comes in at $37,900 and the median home value is $62,922 for 2020.
The median income in Riverside comes in at $45,546 and the median home value is $75,429 for 2020.
The median income in Pueblo comes in at $35,903 and the median home value is $67,583 for 2020.
The median income in Planeview United comes in at $25,484 and the median home value is $42,725 for 2020.
The median income in Hilltop comes in at $24,344 and the median home value is $22,800 for 2020.
The median income in Southwest Village comes in at $44,776 and the median home value is $74,950 for 2020.
The median income in Oakview comes in at $25,379 and the median home value is $23,800 for 2020.
The median income in Macdonald comes in at $41,569 and the median home value is $73,950 for 2020.
The median income in Sherwood Glen comes in at $66,148 and the median home value is $120,100 for 2020.
Summing Up The Cheapest Places In Wichita
If you’re measuring the neighborhoods in Wichita where prices are low and it’s cheap to live, this is an accurate list.
As we mentioned earlier, the neighborhoods in Wichita aren’t all cheap. Lambsdale takes the title of the most expensive neighborhood to live in Wichita.
We ranked the neighborhoods from cheapest to most expensive in the chart below.
For more Kansas reading, check out:
- Cheapest Places To Live In Kansas
- Best Places To Retire In Kansas
- Richest Cities In Kansas
- Safest Places In Kansas
- Worst Places To Live In Kansas