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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 Fresno might be more expensive than living in rural California, there are certain neighborhoods that are definitely cheaper.
So what exactly are those Fresno 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 Fresno are the cheapest.
The Cheapest Neighborhoods In Fresno For 2022
What's the cheapest neighborhood to live in Fresno for 2022? According to the most recent census data, Mclane looks to be the cheaptest Fresno 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 Fresno. 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 Fresno that deserve a little bragging rights or maybe you're interested in the worst neighborhoods in Fresno.
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 California reading, check out:
- Best Places To Live In California
- Cheapest Places To Live In California
- Cheapest Cities To Live In America
- Cheapest States To Live In America
The 5 Cheapest Neighborhoods To Live In Fresno For 2022
/10
Population: 56,716
Cost Of Living Index: 94 (4th cheapest)
Home Value To Income Ratio: 3.4 (4th cheapest)
Rent To Income Ratio: 0.023 (6th cheapest)
More on Mclane: Homes For Sale | Data
/10
Population: 3,848
Cost Of Living Index: 104 (8th cheapest)
Home Value To Income Ratio: 3.0 (cheapest)
Rent To Income Ratio: 0.019 (5th cheapest)
More on South Growth Area: Homes For Sale | Data
/10
Population: 53,891
Cost Of Living Index: 96 (6th cheapest)
Home Value To Income Ratio: 3.2 (2nd cheapest)
Rent To Income Ratio: 0.024 (7th cheapest)
More on West: Homes For Sale | Data
/10
Population: 55,566
Cost Of Living Index: 101 (7th cheapest)
Home Value To Income Ratio: 3.3 (3rd cheapest)
Rent To Income Ratio: 0.024 (8th cheapest)
More on Hoover: Homes For Sale | Data
/10
Population: 128,345
Cost Of Living Index: 94 (4th cheapest)
Home Value To Income Ratio: 3.5 (5th cheapest)
Rent To Income Ratio: 0.025 (10th cheapest)
More on Roosevelt: Homes For Sale | Data
Methodology: How We Determined The Cheapest Fresno Hoods In 2022
In order to rank the cheapest places to live in Fresno, 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 12 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 Fresno." We're lookin' at you, Mclane.
Read on below to learn more about what it's like to live in the cheapest places Fresno. Or 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 Fresno
If you're measuring the neighborhoods in Fresno where prices are low and it's cheap to live, this is an accurate list.
As we mentioned earlier, the neighborhoods in Fresno aren't all cheap. North Growth Area takes the title of the most expensive neighborhood to live in Fresno.
We ranked the neighborhoods from cheapest to most expensive in the chart below.
For more California reading, check out:
- Most Dangerous Cities In California
- Richest Cities In California
- Safest Places In California
- Worst Places To Live In California
Detailed List Of The Cheapest Neighborhoods To Live In Fresno For 2022
| Rank | Neighborhood | Cost Of Living Index |
|---|---|---|
| 1 | Mclane | 94 |
| 2 | South Growth Area | 104 |
| 3 | West | 96 |
| 4 | Hoover | 101 |
| 5 | Roosevelt | 94 |
| 6 | Woodward Park | 115 |
| 7 | Bullard | 109 |
| 8 | Central | 88 |
| 9 | Fresno-High | 95 |
| 10 | Edison | 90 |
| 11 | Southeast Growth Area | 115 |
| 12 | North Growth Area | 129 |
