The 10 Cheapest Vancouver, WA Neighborhoods To Live In For 2023


The cheapest Vancouver neighborhoods are Bagley Downs and Northwood for 2023 based on Saturday Night Science.

By: Chris Kolmar | About HomeSnacks
Last Updated: October 30, 2023
Worst Neighborhoods In Vancouver
Source: Wikipedia User Drown Soda | CC BY-SA 4.0

Everything else equal, 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 Vancouver might be more expensive than living in rural Washington, there are certain neighborhoods that are definitely cheaper.

What exactly are those Vancouver 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 determine which neighborhoods in Vancouver are the cheapest using Saturday Night Science.

What’s the cheapest neighborhood to live in Vancouver for 2023? According to the most recent census data, Bagley Downs looks to be the cheapest Vancouver 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 Vancouver. You could be sacrificing location or crime rates for more space and cheaper groceries.

Read on to see how we determined the places around Vancouver that deserve a little bragging rights, or maybe you’re interested in the worst neighborhoods in Vancouver.

For more Washington reading, check out:

Table Of Contents: Top Ten | Methodology | Summary | Table

The 10 Cheapest Neighborhoods To Live In Vancouver For 2023

1. Bagley Downs

Population: 6,650
Cost Of Living Index: 103 (4th cheapest)
Home Value To Income Ratio: 3.3 (5th cheapest)
Rent To Income Ratio: 0.017 (17th cheapest)
More on Bagley Downs: Data | Real Estate

2. Northwood

Population: 617
Cost Of Living Index: 113 (29th cheapest)
Home Value To Income Ratio: 3.2 (3rd cheapest)
Rent To Income Ratio: 0.013 (4th cheapest)
More on Northwood: Data | Real Estate

3. Rose Village

Population: 5,633
Cost Of Living Index: 104 (6th cheapest)
Home Value To Income Ratio: 3.9 (12th cheapest)
Rent To Income Ratio: 0.018 (24th cheapest)
More on Rose Village: Data | Real Estate

4. Airport Green

Population: 683
Cost Of Living Index: 115 (39th cheapest)
Home Value To Income Ratio: 2.9 (cheapest)
Rent To Income Ratio: 0.013 (5th cheapest)
More on Airport Green: Data | Real Estate

5. Parkway East

Population: 2,126
Cost Of Living Index: 114 (34th cheapest)
Home Value To Income Ratio: 3.0 (2nd cheapest)
Rent To Income Ratio: 0.015 (10th cheapest)
More on Parkway East: Data | Real Estate

6. Vancouver Heights

Population: 4,928
Cost Of Living Index: 111 (2cheapest)
Home Value To Income Ratio: 4.0 (16th cheapest)
Rent To Income Ratio: 0.016 (13th cheapest)
More on Vancouver Heights: Data | Real Estate

7. Fruit Valley

Population: 1,730
Cost Of Living Index: 94 (cheapest)
Home Value To Income Ratio: 4.3 (24th cheapest)
Rent To Income Ratio: 0.019 (25th cheapest)
More on Fruit Valley: Data | Real Estate

8. Northwest

Population: 3,499
Cost Of Living Index: 115 (39th cheapest)
Home Value To Income Ratio: 3.6 (8th cheapest)
Rent To Income Ratio: 0.013 (3rd cheapest)
More on Northwest: Data | Real Estate

9. Northcrest

Population: 521
Cost Of Living Index: 113 (29th cheapest)
Home Value To Income Ratio: 4.2 (2cheapest)
Rent To Income Ratio: 0.011 (cheapest)
More on Northcrest: Data | Real Estate

10. Lincoln

Population: 3,829
Cost Of Living Index: 113 (29th cheapest)
Home Value To Income Ratio: 4.2 (20th cheapest)
Rent To Income Ratio: 0.014 (9th cheapest)
More on Lincoln: Data | Real Estate

Methodology: How We Determined The Cheapest Vancouver Hoods In 2023

To rank the cheapest places to live in Vancouver, we had to determine what criteria define “cheap” and then apply Saturday Night Science.

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 60 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 Vancouver.” We’re lookin’ at you, Bagley Downs.

We updated this article for 2023. This is our fourth time ranking the cheapest neighborhoods to live in Vancouver. 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 Vancouver

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

As mentioned earlier, the neighborhoods in Vancouver aren’t all cheap. Fairway 164Th takes the title of the most expensive neighborhood to live in Vancouver.

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

For more Washington reading, check out:

Detailed List Of The Cheapest Neighborhoods To Live In Vancouver For 2023

Rank Neighborhood Cost Of Living Index
1 Bagley Downs 103
2 Northwood 113
3 Rose Village 104
4 Airport Green 115
5 Parkway East 114
6 Vancouver Heights 111
7 Fruit Valley 94
8 Northwest 115
9 Northcrest 113
10 Lincoln 113
11 Bella Vista 116
12 North Image 106
13 Central Park 103
14 Carter Park 112
15 Parkside 114
16 Shumway 111
17 Marrion 114
18 Forest Ridge 114
19 North Hearthwood 125
20 Image 111
21 Wildwood 122
22 Fourth Plain Village 104
23 Kevanna Park 108
24 North Garrison Heights 106
25 Evergreen Highlands 119
26 Father Blanchet Park 119
27 Cascade Highlands 100
28 Landover Sharmel 113
29 Fishers Landing East 121
30 West Minnehaha 113
31 Fishers Creek 130
32 Ogden 106
33 Ellsworth Springs 111
34 Riveridge 120
35 Hamey Heights 108
36 Van Mall 104
37 Old Evergreen Highway 126
38 Arnada 110
39 Oakbrook 114
40 Burnt Bridge Creek 114
41 Hudsons Bay 110
42 Hough 109
43 Edgewood Park 120
44 Meadow Homes 107
45 Columbia Way 112
46 Hearthwood 112
47 Countryside Woods 116
48 Fircrest 111
49 Burton Evergreen 127
50 Cimarron 127
51 First Place 134
52 South Cliff 127
53 Dubois Park 127
54 Burton Ridge 117
55 Riverview 130
56 Mountain View 110
57 Esther Short 110
58 Bennington 120
59 Village At Fishers Landing 134
60 Fairway 164th 115
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.

 Affordable, Rankings