The 10 Cheapest Lincoln, NE Neighborhoods To Live In For 2022


We used science and data to determine which neighborhoods in Lincoln 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 Lincoln might be more expensive than living in rural Nebraska, there are certain neighborhoods that are definitely cheaper.

So what exactly are those Lincoln 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 Lincoln are the cheapest.

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

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 Nebraska reading, check out:

The 10 Cheapest Neighborhoods To Live In Lincoln For 2022

Overall SnackAbility

7
/10

Population: 9,627
Cost Of Living Index: 88 (12th cheapest)
Home Value To Income Ratio: 2.0 (4th cheapest)
Rent To Income Ratio: 0.012 (13th cheapest)
More on West A: Homes For Sale | Data

Overall SnackAbility

8
/10

Population: 313
Cost Of Living Index: 92 (25th cheapest)
Home Value To Income Ratio: 1.7 (2nd cheapest)
Rent To Income Ratio: 0.006 (6th cheapest)
More on Yankee Hill: Homes For Sale | Data

Overall SnackAbility

8.5
/10

Population: 3,312
Cost Of Living Index: 88 (12th cheapest)
Home Value To Income Ratio: 2.4 (18th cheapest)
Rent To Income Ratio: 0.003 (4th cheapest)
More on Colonial Hills: Homes For Sale | Data

Overall SnackAbility

7
/10

Population: 122
Cost Of Living Index: 91 (2cheapest)
Home Value To Income Ratio: 2.1 (6th cheapest)
Rent To Income Ratio: 0.009 (8th cheapest)
More on Salt Valley View: Homes For Sale | Data

Overall SnackAbility

/10

Population: 480
Cost Of Living Index: 95 (3cheapest)
Home Value To Income Ratio: 1.9 (3rd cheapest)
Rent To Income Ratio: 0.0 (2nd cheapest)
More on Bicentennial Estates: Homes For Sale | Data

Overall SnackAbility

9
/10

Population: 5,080
Cost Of Living Index: 93 (29th cheapest)
Home Value To Income Ratio: 2.1 (7th cheapest)
Rent To Income Ratio: 0.002 (3rd cheapest)
More on Country Club: Homes For Sale | Data

Overall SnackAbility

8.5
/10

Population: 858
Cost Of Living Index: 92 (25th cheapest)
Home Value To Income Ratio: 2.1 (10th cheapest)
Rent To Income Ratio: 0.005 (5th cheapest)
More on Maple Village-Wedgewood: Homes For Sale | Data

Overall SnackAbility

8
/10

Population: 3,244
Cost Of Living Index: 89 (16th cheapest)
Home Value To Income Ratio: 2.4 (19th cheapest)
Rent To Income Ratio: 0.009 (9th cheapest)
More on Indian Village: Homes For Sale | Data

Overall SnackAbility

8
/10

Population: 1,742
Cost Of Living Index: 92 (25th cheapest)
Home Value To Income Ratio: 2.0 (5th cheapest)
Rent To Income Ratio: 0.014 (17th cheapest)
More on High Ridge-Cushman: Homes For Sale | Data

Overall SnackAbility

5
/10

Population: 1,146
Cost Of Living Index: 86 (6th cheapest)
Home Value To Income Ratio: 1.5 (cheapest)
Rent To Income Ratio: 0.023 (40th cheapest)
More on Tri-Court: Homes For Sale | Data

Methodology: How We Determined The Cheapest Lincoln Hoods In 2022

In order to rank the cheapest places to live in Lincoln, 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 43 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 Lincoln." We're lookin' at you, West A.

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

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

As we mentioned earlier, the neighborhoods in Lincoln aren't all cheap. Sunset Acres takes the title of the most expensive neighborhood to live in Lincoln.

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

For more Nebraska reading, check out:

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

Rank Neighborhood Cost Of Living Index
1 West A 88
2 Yankee Hill 92
3 Colonial Hills 88
4 Salt Valley View 91
5 Bicentennial Estates 95
6 Country Club 93
7 Maple Village-Wedgewood 92
8 Indian Village 89
9 High Ridge-Cushman 92
10 Tri-Court 86
11 40th And A 91
12 Arnold Heights 89
13 Antelope Park 89
14 North Bottoms 84
15 Belmont 86
16 Hartley 86
17 East Campus 89
18 Meadowlane 93
19 Porter Ridge 103
20 Everett 81
21 Woods Park 89
22 University Place 89
23 Highlands 99
24 South 48th Street 90
25 South Salt Creek 87
26 Greater South 93
27 Yankee Ridge 125
28 Family Acres 106
29 Crown Pointe 100
30 Far South 92
31 Capitol Beach 96
32 Amber Hills 114
33 Near South 86
34 Landons 92
35 Downtown 82
36 Malone 84
37 Clinton 87
38 Southern Hills 104
39 Autumn Wood 91
40 Eastridge 96
41 Bishop Park 104
42 Taylor Park 100
43 Sunset Acres 97

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

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.