The 10 Cheapest Irvine, CA Neighborhoods To Live In For 2022


We used science and data to determine which neighborhoods in Irvine are the cheapest of the cheap.

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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 Irvine might be more expensive than living in rural California, there are certain neighborhoods that are definitely cheaper.

So what exactly are those Irvine 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 Irvine are the cheapest.

What's the cheapest neighborhood to live in Irvine for 2022? According to the most recent census data, Great Park looks to be the cheaptest Irvine 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 Irvine. 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 Irvine that deserve a little bragging rights or maybe you're interested in the worst neighborhoods in Irvine.

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:

The 10 Cheapest Neighborhoods To Live In Irvine For 2022

Overall SnackAbility

/10

Population: 185
Cost Of Living Index: 88 (cheapest)
Home Value To Income Ratio: 2.4 (cheapest)
Rent To Income Ratio: 0.0 (2nd cheapest)
More on Great Park: Homes For Sale | Data

Overall SnackAbility

9
/10

Population: 3,764
Cost Of Living Index: 148 (7th cheapest)
Home Value To Income Ratio: 4.2 (3rd cheapest)
Rent To Income Ratio: 0.016 (9th cheapest)
More on Turtle Ridge: Homes For Sale | Data

Overall SnackAbility

8.5
/10

Population: 4,212
Cost Of Living Index: 120 (2nd cheapest)
Home Value To Income Ratio: 3.2 (2nd cheapest)
Rent To Income Ratio: 0.032 (23rd cheapest)
More on Rancho San Joaquin: Homes For Sale | Data

Overall SnackAbility

8
/10

Population: 7,336
Cost Of Living Index: 140 (6th cheapest)
Home Value To Income Ratio: 4.6 (4th cheapest)
Rent To Income Ratio: 0.023 (18th cheapest)
More on Business District: Homes For Sale | Data

Overall SnackAbility

/10

Population: 1,581
Cost Of Living Index: 160 (10th cheapest)
Home Value To Income Ratio: 6.7 (16th cheapest)
Rent To Income Ratio: 0.0 (2nd cheapest)
More on East Industrial Complex: Homes For Sale | Data

Northwood Irvine, CA

Source: Public domain
Overall SnackAbility

10
/10

Population: 24,509
Cost Of Living Index: 165 (14th cheapest)
Home Value To Income Ratio: 5.9 (10th cheapest)
Rent To Income Ratio: 0.014 (5th cheapest)
More on Northwood: Homes For Sale | Data

Overall SnackAbility

10
/10

Population: 22,899
Cost Of Living Index: 165 (14th cheapest)
Home Value To Income Ratio: 5.2 (5th cheapest)
Rent To Income Ratio: 0.021 (13th cheapest)
More on Lower Peters Canyon: Homes For Sale | Data

Overall SnackAbility

8.5
/10

Population: 6,367
Cost Of Living Index: 151 (8th cheapest)
Home Value To Income Ratio: 7.5 (17th cheapest)
Rent To Income Ratio: 0.015 (7th cheapest)
More on Irvine Health And Science Complex: Homes For Sale | Data

Overall SnackAbility

9.5
/10

Population: 8,436
Cost Of Living Index: 162 (12th cheapest)
Home Value To Income Ratio: 5.8 (9th cheapest)
Rent To Income Ratio: 0.02 (11th cheapest)
More on University Park: Homes For Sale | Data

San Joaquin Marsh Irvine, CA

Overall SnackAbility

8
/10

Population: 1,298
Cost Of Living Index: 157 (9th cheapest)
Home Value To Income Ratio: 6.0 (11th cheapest)
Rent To Income Ratio: 0.023 (16th cheapest)
More on San Joaquin Marsh: Homes For Sale | Data

Methodology: How We Determined The Cheapest Irvine Hoods In 2022

In order to rank the cheapest places to live in Irvine, 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 24 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 Irvine." We're lookin' at you, Great Park.

Read on below to learn more about what it's like to live in the cheapest places Irvine. 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 Irvine

If you're measuring the neighborhoods in Irvine where prices are low and it's cheap to live, this is an accurate list.

As we mentioned earlier, the neighborhoods in Irvine aren't all cheap. Shady Canyon takes the title of the most expensive neighborhood to live in Irvine.

We ranked the neighborhoods from cheapest to most expensive in the chart below.

For more California reading, check out:

Detailed List Of The Cheapest Neighborhoods To Live In Irvine For 2022

Rank Neighborhood Cost Of Living Index
1 Great Park 88
2 Turtle Ridge 148
3 Rancho San Joaquin 120
4 Business District 140
5 East Industrial Complex 160
6 Northwood 165
7 Lower Peters Canyon 165
8 Irvine Health And Science Complex 151
9 University Park 162
10 San Joaquin Marsh 157
11 Northwood Point 205
12 West Park 170
13 El Camino Real 161
14 Uc Irvine 121
15 Oak Creek 171
16 Woodbridge 171
17 El Toro Marine Air Station 217
18 Research Park 139
19 University Town Center 133
20 Turtle Rock 229
21 Walnut Village 172
22 Spectrum 172
23 Quail Hill 288
24 Shady Canyon 245

Editor's Note: We updated this article for 2022. This is our third time ranking the cheapest neighborhoods to live in Irvine.

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.