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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 Sacramento might be more expensive than living in rural California, there are certain neighborhoods that are definitely cheaper.
So what exactly are those Sacramento 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 Sacramento are the cheapest.
The Cheapest Neighborhoods In Sacramento For 2022
What's the cheapest neighborhood to live in Sacramento for 2022? According to the most recent census data, Florin Fruitridge Industrial Park looks to be the cheaptest Sacramento 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 Sacramento. 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 Sacramento that deserve a little bragging rights or maybe you're interested in the worst neighborhoods in Sacramento.
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 10 Cheapest Neighborhoods To Live In Sacramento For 2022
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Population: 176
Cost Of Living Index: 96 (2nd cheapest)
Home Value To Income Ratio: 1.3 (4th cheapest)
Rent To Income Ratio: 0.022 (56th cheapest)
More on Florin Fruitridge Industrial Park: Homes For Sale | Data
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Population: 157
Cost Of Living Index: 97 (3rd cheapest)
Home Value To Income Ratio: 1.3 (4th cheapest)
Rent To Income Ratio: 0.022 (56th cheapest)
More on Packard Bell: Homes For Sale | Data
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Population: 4,278
Cost Of Living Index: 109 (36th cheapest)
Home Value To Income Ratio: 2.0 (7th cheapest)
Rent To Income Ratio: 0.016 (20th cheapest)
More on Creekside: Homes For Sale | Data
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Population: 1,938
Cost Of Living Index: 103 (12th cheapest)
Home Value To Income Ratio: 1.9 (6th cheapest)
Rent To Income Ratio: 0.021 (49th cheapest)
More on American River Parkway: Homes For Sale | Data
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Population: 1,858
Cost Of Living Index: 102 (10th cheapest)
Home Value To Income Ratio: 3.4 (34th cheapest)
Rent To Income Ratio: 0.017 (24th cheapest)
More on Lawrence Park: Homes For Sale | Data
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Population: 3,083
Cost Of Living Index: 109 (36th cheapest)
Home Value To Income Ratio: 2.3 (11th cheapest)
Rent To Income Ratio: 0.019 (30th cheapest)
More on Village 2: Homes For Sale | Data
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Population: 1,201
Cost Of Living Index: 109 (36th cheapest)
Home Value To Income Ratio: 2.8 (15th cheapest)
Rent To Income Ratio: 0.019 (35th cheapest)
More on Woodlake: Homes For Sale | Data
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Population: 3,224
Cost Of Living Index: 99 (6th cheapest)
Home Value To Income Ratio: 2.0 (9th cheapest)
Rent To Income Ratio: 0.025 (80th cheapest)
More on Noralto: Homes For Sale | Data
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Population: 3,130
Cost Of Living Index: 110 (42nd cheapest)
Home Value To Income Ratio: 2.1 (10th cheapest)
Rent To Income Ratio: 0.02 (44th cheapest)
More on Rp Sports Complex: Homes For Sale | Data
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Population: 2,004
Cost Of Living Index: 111 (46th cheapest)
Home Value To Income Ratio: 2.6 (14th cheapest)
Rent To Income Ratio: 0.02 (40th cheapest)
More on Gateway Center: Homes For Sale | Data
Methodology: How We Determined The Cheapest Sacramento Hoods In 2022
In order to rank the cheapest places to live in Sacramento, 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 113 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 Sacramento." We're lookin' at you, Florin Fruitridge Industrial Park.
Read on below to learn more about what it's like to live in the cheapest places Sacramento. 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 Sacramento
If you're measuring the neighborhoods in Sacramento where prices are low and it's cheap to live, this is an accurate list.
As we mentioned earlier, the neighborhoods in Sacramento aren't all cheap. Richmond Grove takes the title of the most expensive neighborhood to live in Sacramento.
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