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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 Seattle might be more expensive than living in rural Washington, there are certain neighborhoods that are definitely cheaper.
So what exactly are those Seattle 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 Seattle are the cheapest.
The Cheapest Neighborhoods In Seattle For 2022
What's the cheapest neighborhood to live in Seattle for 2022? According to the most recent census data, High Point looks to be the cheaptest Seattle 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 Seattle. 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 Seattle that deserve a little bragging rights or maybe you're interested in the worst neighborhoods in Seattle.
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 Washington reading, check out:
- Best Places To Live In Washington
- Cheapest Places To Live In Washington
- Cheapest Cities To Live In America
- Cheapest States To Live In America
The 10 Cheapest Neighborhoods To Live In Seattle For 2022
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Population: 7,820
Cost Of Living Index: 133 (4th cheapest)
Home Value To Income Ratio: 5.5 (26th cheapest)
Rent To Income Ratio: 0.013 (24th cheapest)
More on High Point: Homes For Sale | Data
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Population: 1,789
Cost Of Living Index: 160 (43rd cheapest)
Home Value To Income Ratio: 4.3 (4th cheapest)
Rent To Income Ratio: 0.01 (12th cheapest)
More on Madison Valley: Homes For Sale | Data
/10
Population: 2,705
Cost Of Living Index: 152 (33rd cheapest)
Home Value To Income Ratio: 5.0 (10th cheapest)
Rent To Income Ratio: 0.012 (18th cheapest)
More on Industrial District: Homes For Sale | Data
/10
Population: 10,468
Cost Of Living Index: 136 (8th cheapest)
Home Value To Income Ratio: 3.5 (cheapest)
Rent To Income Ratio: 0.017 (56th cheapest)
More on Belltown: Homes For Sale | Data
/10
Population: 8,739
Cost Of Living Index: 151 (3cheapest)
Home Value To Income Ratio: 5.8 (36th cheapest)
Rent To Income Ratio: 0.006 (3rd cheapest)
More on Mount Baker: Homes For Sale | Data
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Population: 8,347
Cost Of Living Index: 135 (6th cheapest)
Home Value To Income Ratio: 5.1 (13th cheapest)
Rent To Income Ratio: 0.017 (52nd cheapest)
More on Olympic Hills: Homes For Sale | Data
/10
Population: 4,261
Cost Of Living Index: 163 (48th cheapest)
Home Value To Income Ratio: 5.1 (12th cheapest)
Rent To Income Ratio: 0.011 (13th cheapest)
More on Fauntleroy: Homes For Sale | Data
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Population: 3,508
Cost Of Living Index: 139 (14th cheapest)
Home Value To Income Ratio: 4.4 (5th cheapest)
Rent To Income Ratio: 0.017 (55th cheapest)
More on Riverview: Homes For Sale | Data
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Population: 4,280
Cost Of Living Index: 143 (2cheapest)
Home Value To Income Ratio: 4.8 (7th cheapest)
Rent To Income Ratio: 0.017 (50th cheapest)
More on North Delridge: Homes For Sale | Data
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Population: 5,133
Cost Of Living Index: 143 (2cheapest)
Home Value To Income Ratio: 6.1 (52nd cheapest)
Rent To Income Ratio: 0.01 (9th cheapest)
More on Atlantic: Homes For Sale | Data
Methodology: How We Determined The Cheapest Seattle Hoods In 2022
In order to rank the cheapest places to live in Seattle, 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 78 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 Seattle." We're lookin' at you, High Point.
Read on below to learn more about what it's like to live in the cheapest places Seattle. 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 Seattle
If you're measuring the neighborhoods in Seattle where prices are low and it's cheap to live, this is an accurate list.
As we mentioned earlier, the neighborhoods in Seattle aren't all cheap. Pioneer Square takes the title of the most expensive neighborhood to live in Seattle.
We ranked the neighborhoods from cheapest to most expensive in the chart below.
For more Washington reading, check out:
- Most Dangerous Cities In Washington
- Richest Cities In Washington
- Safest Places In Washington
- Worst Places To Live In Washington
