Everything else equal, 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 Charlotte might be more expensive than living in rural North Carolina, there are certain neighborhoods that are definitely cheaper.
What exactly are those Charlotte 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 determine which neighborhoods in Charlotte are the cheapest using Saturday Night Science.
What’s the cheapest neighborhood to live in Charlotte for 2025? According to the most recent census data, Wildwood looks to be the cheapest Charlotte 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 Charlotte. You could be sacrificing location or crime rates for more space and cheaper groceries.
Read on to see how we determined the places around Charlotte that deserve a little bragging rights, or maybe you’re interested in the worst neighborhoods in Charlotte.
For more North Carolina reading, check out:
- Best Places To Live In North Carolina
- Cheapest Places To Live In North Carolina
- Cheapest Cities To Live In America
- Cheapest States To Live In America
Table Of Contents: Top Ten | Methodology | Summary | Table
The 10 Cheapest Neighborhoods To Live In Charlotte For 2025
1. Wildwood
/10
Population: 1,392
Cost Of Living Index: 92 (54th cheapest)
Home Value To Income Ratio: 2.2 (6th cheapest)
Rent To Income Ratio: 0.014 (25th cheapest)
More on Wildwood:
2. Westerly Hills
/10
Population: 2,476
Cost Of Living Index: 86 (14th cheapest)
Home Value To Income Ratio: 2.0 (2nd cheapest)
Rent To Income Ratio: 0.021 (84th cheapest)
More on Westerly Hills:
3. Mineral Springs-Rumble Road
/10
Population: 10,231
Cost Of Living Index: 88 (28th cheapest)
Home Value To Income Ratio: 2.1 (3rd cheapest)
Rent To Income Ratio: 0.019 (7cheapest)
More on Mineral Springs-Rumble Road:
4. Enderly Park
/10
Population: 3,159
Cost Of Living Index: 85 (8th cheapest)
Home Value To Income Ratio: 1.9 (cheapest)
Rent To Income Ratio: 0.022 (96th cheapest)
More on Enderly Park:
5. Park Crossing
/10
Population: 1,733
Cost Of Living Index: 104 (98th cheapest)
Home Value To Income Ratio: 2.1 (4th cheapest)
Rent To Income Ratio: 0.009 (7th cheapest)
More on Park Crossing:
6. Yorkmount
/10
Population: 11,475
Cost Of Living Index: 86 (14th cheapest)
Home Value To Income Ratio: 2.2 (7th cheapest)
Rent To Income Ratio: 0.022 (92nd cheapest)
More on Yorkmount:
7. Newell South
/10
Population: 4,117
Cost Of Living Index: 92 (54th cheapest)
Home Value To Income Ratio: 2.3 (11th cheapest)
Rent To Income Ratio: 0.017 (53rd cheapest)
More on Newell South:
8. Colonial Village
/10
Population: 1,343
Cost Of Living Index: 105 (10cheapest)
Home Value To Income Ratio: 2.6 (25th cheapest)
Rent To Income Ratio: 0.006 (cheapest)
More on Colonial Village:
9. Marshbrooke
/10
Population: 10,313
Cost Of Living Index: 94 (68th cheapest)
Home Value To Income Ratio: 2.2 (8th cheapest)
Rent To Income Ratio: 0.018 (55th cheapest)
More on Marshbrooke:
10. Stonehaven
/10
Population: 5,647
Cost Of Living Index: 106 (103rd cheapest)
Home Value To Income Ratio: 2.4 (15th cheapest)
Rent To Income Ratio: 0.011 (14th cheapest)
More on Stonehaven:
Methodology: How We Determined The Cheapest Charlotte Hoods In 2025
To rank the cheapest places to live in Charlotte, we had to determine what criteria define “cheap” and then apply Saturday Night Science.
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 148 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 Charlotte.” We’re lookin’ at you, Wildwood.
We updated this article for 2025. This is our fourth time ranking the cheapest neighborhoods to live in Charlotte. Skip to the end to see the list of all the neighborhoods in the city, from cheapest to most expensive.
Summary: Lowest Cost Places To Live In Charlotte
If you’re measuring the neighborhoods in Charlotte where prices are low, and it’s cheap to live, this is an accurate list.
The most affordable neighborhoods in Charlotte are Wildwood, Westerly Hills, Mineral Springs-Rumble Road, Enderly Park, Park Crossing, Yorkmount, Newell South, Colonial Village, Marshbrooke, and Stonehaven.
As mentioned earlier, the neighborhoods in Charlotte aren’t all cheap. Seven Eagles takes the title of the most expensive neighborhood to live in Charlotte.
The most expensive neighborhoods in Charlotte are Seven Eagles, Optimist Park, Touchstone Village-Elm Lane, Lockwood, and Providence Park.
We ranked the neighborhoods from cheapest to most expensive in the chart below.
For more North Carolina reading, check out:
- Most Dangerous Cities In North Carolina
- Richest Cities In North Carolina
- Safest Cities in North Carolina
- Worst Places To Live In North Carolina
Detailed List Of The Cheapest Neighborhoods To Live In Charlotte For 2025
| Rank | Neighborhood | Cost Of Living Index |
|---|---|---|
| 1 | Wildwood | 92 |
| 2 | Westerly Hills | 86 |
| 3 | Mineral Springs-Rumble Road | 88 |
| 4 | Enderly Park | 85 |
| 5 | Park Crossing | 104 |
| 6 | Yorkmount | 86 |
| 7 | Newell South | 92 |
| 8 | Colonial Village | 105 |
| 9 | Marshbrooke | 94 |
| 10 | Stonehaven | 106 |
| 11 | Griers Fork | 98 |
| 12 | Plaza-Eastway | 88 |
| 13 | Providence Crossing | 119 |
| 14 | Thomasboro-Hoskins | 86 |
| 15 | Johnston Rd-Mcalpine | 96 |
| 16 | North Sharon Amity-Reddman Roa | 90 |
| 17 | Jt Williams | 88 |
| 18 | Henderson Circle | 97 |
| 19 | Jackson Homes | 86 |
| 20 | Capitol Drive | 86 |
| 21 | East Forest | 86 |
| 22 | Starmount | 103 |
| 23 | Hickory Grove | 95 |
| 24 | Yorkshire | 100 |
| 25 | Smallwood | 84 |
| 26 | Davis Lake-Eastfield | 103 |
| 27 | Pinecrest | 87 |
| 28 | Marlwood | 91 |
| 29 | Nevin Community | 92 |
| 30 | Arbor Glen | 87 |
| 31 | Westover Hills | 89 |
| 32 | Toddville Road | 92 |
| 33 | Lakewood | 87 |
| 34 | Coulwood West | 95 |
| 35 | Sardis Forest | 107 |
| 36 | Back Creek Church Road | 95 |
| 37 | Derita-Statesville | 92 |
| 38 | Druid Hills North | 88 |
| 39 | Wilson Heights | 92 |
| 40 | Starmount Forest | 84 |
| 41 | Echo Hills | 94 |
| 42 | Slater Rd-Hamilton Circle | 92 |
| 43 | West Sugar Creek | 96 |
| 44 | Providence Plantation | 122 |
| 45 | Idlewild South | 92 |
| 46 | Oakdale South | 96 |
| 47 | Sardis Woods | 104 |
| 48 | Washington Heights | 87 |
| 49 | Prosperity Church Road | 98 |
| 50 | Genesis Park | 88 |
| 51 | Olde Whitehall | 98 |
| 52 | Villa Heights | 92 |
| 53 | Reid Park | 88 |
| 54 | Governor’s Square | 123 |
| 55 | Eagle Lake | 86 |
| 56 | Farm Pond | 89 |
| 57 | Mountainbrook | 135 |
| 58 | Olde Providence North | 131 |
| 59 | Montclaire South | 89 |
| 60 | Becton Park | 94 |
| 61 | Highland Creek | 107 |
| 62 | Oak Forest | 84 |
| 63 | Belmont | 91 |
| 64 | Eastway-Sheffield Park | 95 |
| 65 | Harbor House | 101 |
| 66 | Ponderosa-Wingate | 88 |
| 67 | Coulwood East | 93 |
| 68 | Harris-Houston | 93 |
| 69 | University Park | 89 |
| 70 | Beverly Woods | 133 |
| 71 | Firestone-Garden Park | 89 |
| 72 | Quail Hollow | 113 |
| 73 | Fourth Ward | 105 |
| 74 | Hidden Valley | 86 |
| 75 | Pawtuckett | 92 |
| 76 | Plaza Hills | 108 |
| 77 | Third Ward | 109 |
| 78 | Rockwell Park-Hemphill Heights | 95 |
| 79 | Hembstead | 140 |
| 80 | Chantilly | 121 |
| 81 | Provincetowne | 113 |
| 82 | Ashley Park | 89 |
| 83 | Lincoln Heights | 87 |
| 84 | Oxford Hunt | 121 |
| 85 | Piper Glen Estates | 125 |
| 86 | Oakhurst | 93 |
| 87 | Commonwealth | 112 |
| 88 | Windsor Park | 91 |
| 89 | Downtown Sharlotte | 110 |
| 90 | Olde Providence South | 126 |
| 91 | Double Oaks | 95 |
| 92 | First Ward | 96 |
| 93 | Cotswold | 119 |
| 94 | Ballantyne West | 114 |
| 95 | Sterling | 97 |
| 96 | Hickory Ridge | 94 |
| 97 | Foxcroft | 158 |
| 98 | Clanton Park-Roseland | 82 |
| 99 | Sherwood Forest | 124 |
| 100 | Grier Heights | 90 |
| 101 | West Blvd | 91 |
| 102 | Shannon Park | 91 |
| 103 | Beatties Ford-Trinity | 92 |
| 104 | Hwy 51-Park Road | 96 |
| 105 | Sharon Woods | 110 |
| 106 | Westchester | 90 |
| 107 | Dilworth | 139 |
| 108 | Todd Park | 85 |
| 109 | Rain Tree | 108 |
| 110 | Ballantyne East | 131 |
| 111 | Plaza Midwood | 121 |
| 112 | North Charlotte | 103 |
| 113 | Country Club Heights | 105 |
| 114 | Idlewild Farms | 94 |
| 115 | Eastland-Wilora Lake | 92 |
| 116 | Madison Park | 103 |
| 117 | Myers Park | 170 |
| 118 | Sugaw Creek-Ritch Ave | 89 |
| 119 | Oakview Terrace | 91 |
| 120 | Southside Park | 76 |
| 121 | Eastover | 190 |
| 122 | Freedom Park | 134 |
| 123 | Plaza-Shamrock | 94 |
| 124 | Ashbrook-Clawson Village | 110 |
| 125 | Wesley Heights | 110 |
| 126 | Briarcreek-Woodland | 93 |
| 127 | Closeburn-Glenkirk | 99 |
| 128 | Druid Hills South | 84 |
| 129 | University City South | 80 |
| 130 | Biddleville | 90 |
| 131 | Tryon Hills | 87 |
| 132 | Lansdowne | 132 |
| 133 | Wessex Square | 166 |
| 134 | Collingwood | 101 |
| 135 | Barclay Downs | 143 |
| 136 | Whiteoak | 113 |
| 137 | University City North | 88 |
| 138 | Elizabeth | 129 |
| 139 | Wilmore | 112 |
| 140 | Sedgefield | 113 |
| 141 | Cherry | 109 |
| 142 | Carmel | 130 |
| 143 | Wendover-Sedgewood | 160 |
| 144 | Providence Park | 102 |
| 145 | Lockwood | 94 |
| 146 | Touchstone Village-Elm Lane | 111 |
| 147 | Optimist Park | 101 |
| 148 | Seven Eagles | 154 |

