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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 Fort Worth might be more expensive than living in rural Texas, there are certain neighborhoods that are definitely cheaper.
So what exactly are those Fort Worth 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 Fort Worth are the cheapest.
The Cheapest Neighborhoods In Fort Worth For 2021
What's the cheapest neighborhood to live in Fort Worth for 2021? According to the most recent census data, Northside looks to be the cheaptest Fort Worth 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 Fort Worth. 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 Fort Worth that deserve a little bragging rights or maybe you're interested in the worst neighborhoods in Fort Worth.
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
- Cheapest Places To Live In Texas
- Cheapest Cities To Live In America
- Cheapest States To Live In America
How We Determined The Cheapest Fort Worth Hoods In 2021
In order to rank the cheapest places to live in Fort Worth, 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 16 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 Fort Worth." We're lookin' at you, Northside.
Read on below to learn more about what it's like to live in the cheapest places Fort Worth. 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 Fort Worth For 2021
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Population: 44,752
Cost Of Living Index: 81 (cheapest)
Home Value To Income Ratio: 1.9 (4th cheapest)
Rent To Income Ratio: 0.018 (10th cheapest)
More on Northside: Homes For Sale | Data
/10
Population: 141,442
Cost Of Living Index: 93 (10th cheapest)
Home Value To Income Ratio: 1.9 (5th cheapest)
Rent To Income Ratio: 0.011 (2nd cheapest)
More on Far North: Homes For Sale | Data
/10
Population: 33,891
Cost Of Living Index: 94 (12th cheapest)
Home Value To Income Ratio: 1.8 (2nd cheapest)
Rent To Income Ratio: 0.012 (4th cheapest)
More on Far Northwest: Homes For Sale | Data
/10
Population: 59,810
Cost Of Living Index: 84 (2nd cheapest)
Home Value To Income Ratio: 1.7 (cheapest)
Rent To Income Ratio: 0.024 (16th cheapest)
More on South East: Homes For Sale | Data
/10
Population: 28,215
Cost Of Living Index: 91 (8th cheapest)
Home Value To Income Ratio: 2.0 (8th cheapest)
Rent To Income Ratio: 0.013 (5th cheapest)
More on Far West: Homes For Sale | Data
Summing Up The Cheapest Places In Fort Worth
If you're measuring the neighborhoods in Fort Worth where prices are low and it's cheap to live, this is an accurate list.
As we mentioned earlier, the neighborhoods in Fort Worth aren't all cheap. Arlington Heights takes the title of the most expensive neighborhood to live in Fort Worth.
We ranked the neighborhoods from cheapest to most expensive in the chart below.
For more Texas reading, check out:
- Most Dangerous Places In Texas
- Richest Cities In Texas
- Safest Places In Texas
- Worst Places To Live In Texas
Detailed List Of The Cheapest Neighborhoods To Live In Fort Worth For 2021
| Rank | Neighborhood | Cost Of Living Index |
|---|---|---|
| 1 | Northside | 81 |
| 2 | Far North | 93 |
| 3 | Far Northwest | 94 |
| 4 | South East | 84 |
| 5 | Far West | 91 |
| 6 | Northeast | 86 |
| 7 | Sycamore | 85 |
| 8 | Wedgwood | 93 |
| 9 | Southside | 87 |
| 10 | Far Southwest | 105 |
| 11 | Downtown | 92 |
| 12 | Eastside | 90 |
| 13 | Western Hills-Ridglea | 89 |
| 14 | Far South | 94 |
| 15 | Tcu-West Cliff | 105 |
| 16 | Arlington Heights | 104 |
