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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 Henderson might be more expensive than living in rural Nevada, there are certain neighborhoods that are definitely cheaper.
So what exactly are those Henderson 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 Henderson are the cheapest.
The Cheapest Neighborhoods In Henderson For 2022
What's the cheapest neighborhood to live in Henderson for 2022? According to the most recent census data, Townsite looks to be the cheaptest Henderson 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 Henderson. 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 Henderson that deserve a little bragging rights or maybe you're interested in the worst neighborhoods in Henderson.
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 Nevada reading, check out:
- Best Places To Live In Nevada
- Cheapest Places To Live In Nevada
- Cheapest Cities To Live In America
- Cheapest States To Live In America
The 10 Cheapest Neighborhoods To Live In Henderson For 2022
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Population: 5,466
Cost Of Living Index: 94 (2nd cheapest)
Home Value To Income Ratio: 2.3 (cheapest)
Rent To Income Ratio: 0.017 (12th cheapest)
More on Townsite: Homes For Sale | Data
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Population: 7,111
Cost Of Living Index: 101 (6th cheapest)
Home Value To Income Ratio: 3.0 (9th cheapest)
Rent To Income Ratio: 0.009 (cheapest)
More on Black Mountain: Homes For Sale | Data
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Population: 2,833
Cost Of Living Index: 101 (6th cheapest)
Home Value To Income Ratio: 2.5 (3rd cheapest)
Rent To Income Ratio: 0.016 (8th cheapest)
More on Midway: Homes For Sale | Data
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Population: 11,625
Cost Of Living Index: 104 (8th cheapest)
Home Value To Income Ratio: 2.8 (5th cheapest)
Rent To Income Ratio: 0.015 (5th cheapest)
More on River Mountain: Homes For Sale | Data
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Population: 796
Cost Of Living Index: 106 (10th cheapest)
Home Value To Income Ratio: 2.8 (6th cheapest)
Rent To Income Ratio: 0.014 (3rd cheapest)
More on Clark County: Homes For Sale | Data
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Population: 21,964
Cost Of Living Index: 109 (13th cheapest)
Home Value To Income Ratio: 2.7 (4th cheapest)
Rent To Income Ratio: 0.013 (2nd cheapest)
More on Green Valley South: Homes For Sale | Data
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Population: 10,583
Cost Of Living Index: 102 (7th cheapest)
Home Value To Income Ratio: 2.4 (2nd cheapest)
Rent To Income Ratio: 0.019 (16th cheapest)
More on Highland Hills: Homes For Sale | Data
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Population: 6,296
Cost Of Living Index: 108 (12th cheapest)
Home Value To Income Ratio: 3.0 (11th cheapest)
Rent To Income Ratio: 0.015 (6th cheapest)
More on Foothills: Homes For Sale | Data
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Population: 11,637
Cost Of Living Index: 96 (3rd cheapest)
Home Value To Income Ratio: 3.1 (13th cheapest)
Rent To Income Ratio: 0.018 (14th cheapest)
More on Whitney Ranch: Homes For Sale | Data
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Population: 10,713
Cost Of Living Index: 98 (4th cheapest)
Home Value To Income Ratio: 2.8 (7th cheapest)
Rent To Income Ratio: 0.023 (2cheapest)
More on Pittman: Homes For Sale | Data
Methodology: How We Determined The Cheapest Henderson Hoods In 2022
In order to rank the cheapest places to live in Henderson, 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 23 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 Henderson." We're lookin' at you, Townsite.
Read on below to learn more about what it's like to live in the cheapest places Henderson. 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 Henderson
If you're measuring the neighborhoods in Henderson where prices are low and it's cheap to live, this is an accurate list.
As we mentioned earlier, the neighborhoods in Henderson aren't all cheap. Lake Las Vegas takes the title of the most expensive neighborhood to live in Henderson.
We ranked the neighborhoods from cheapest to most expensive in the chart below.
For more Nevada reading, check out:
- 5 Most Dangerous Cities In Nevada
- Richest Cities In Nevada
- Safest Places In Nevada
- Worst Places To Live In Nevada
Detailed List Of The Cheapest Neighborhoods To Live In Henderson For 2022
Rank | Neighborhood | Cost Of Living Index |
---|---|---|
1 | Townsite | 94 |
2 | Black Mountain | 101 |
3 | Midway | 101 |
4 | River Mountain | 104 |
5 | Clark County | 106 |
6 | Green Valley South | 109 |
7 | Highland Hills | 102 |
8 | Foothills | 108 |
9 | Whitney Ranch | 96 |
10 | Pittman | 98 |
11 | Valley View | 94 |
12 | Gibson Springs | 104 |
13 | Paradise Hills | 113 |
14 | Mccullough Hills | 110 |
15 | Mission Hills | 112 |
16 | Macdonald Ranch | 120 |
17 | Green Valley North | 108 |
18 | Green Valley Ranch | 119 |
19 | Westgate | 120 |
20 | West Henderson | 113 |
21 | Anthem | 134 |
22 | Calico Ridge | 127 |
23 | Lake Las Vegas | 139 |