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 El Paso might be more expensive than living in rural Texas, there are certain neighborhoods that are definitely cheaper.
What exactly are those El Paso 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 El Paso are the cheapest using Saturday Night Science.
What’s the cheapest neighborhood to live in El Paso for 2024? According to the most recent census data, Buena Vista looks to be the cheapest El Paso 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 El Paso. You could be sacrificing location or crime rates for more space and cheaper groceries.
Read on to see how we determined the places around El Paso that deserve a little bragging rights, or maybe you’re interested in the worst neighborhoods in El Paso.
For more Texas reading, check out:
- Best Places To Live In Texas
- Cheapest Places To Live In Texas
- Cheapest Cities To Live In America
- Cheapest States To Live In America
Table Of Contents: Top Ten | Methodology | Summary | Table
The 10 Cheapest Neighborhoods To Live In El Paso For 2024
/10
Population: 32
Cost Of Living Index: 82 (10th cheapest)
Home Value To Income Ratio: 1.2 (cheapest)
Rent To Income Ratio: 0.008 (cheapest)
More on Buena Vista: Data | Real Estate
/10
Population: 1,136
Cost Of Living Index: 86 (26th cheapest)
Home Value To Income Ratio: 2.1 (7th cheapest)
Rent To Income Ratio: 0.013 (4th cheapest)
More on Medina: Data | Real Estate
/10
Population: 2,760
Cost Of Living Index: 75 (cheapest)
Home Value To Income Ratio: 1.8 (2nd cheapest)
Rent To Income Ratio: 0.024 (35th cheapest)
More on Eagle: Data | Real Estate
/10
Population: 2,231
Cost Of Living Index: 84 (18th cheapest)
Home Value To Income Ratio: 1.9 (3rd cheapest)
Rent To Income Ratio: 0.017 (18th cheapest)
More on Sunset Heights: Data | Real Estate
/10
Population: 2,005
Cost Of Living Index: 85 (22nd cheapest)
Home Value To Income Ratio: 2.5 (18th cheapest)
Rent To Income Ratio: 0.015 (12th cheapest)
More on Borderland: Data | Real Estate
/10
Population: 7,626
Cost Of Living Index: 94 (38th cheapest)
Home Value To Income Ratio: 2.1 (6th cheapest)
Rent To Income Ratio: 0.014 (9th cheapest)
More on Coronado: Data | Real Estate
/10
Population: 223
Cost Of Living Index: 81 (7th cheapest)
Home Value To Income Ratio: 2.1 (4th cheapest)
Rent To Income Ratio: 0.03 (43rd cheapest)
More on Chihuahuita: Data | Real Estate
/10
Population: 13,125
Cost Of Living Index: 99 (42nd cheapest)
Home Value To Income Ratio: 2.1 (5th cheapest)
Rent To Income Ratio: 0.014 (7th cheapest)
More on North Hills: Data | Real Estate
/10
Population: 140,105
Cost Of Living Index: 92 (36th cheapest)
Home Value To Income Ratio: 2.3 (9th cheapest)
Rent To Income Ratio: 0.016 (14th cheapest)
More on East Side: Data | Real Estate
/10
Population: 3,772
Cost Of Living Index: 100 (44th cheapest)
Home Value To Income Ratio: 2.3 (10th cheapest)
Rent To Income Ratio: 0.013 (5th cheapest)
More on Mission Hills: Data | Real Estate
Methodology: How We Determined The Cheapest El Paso Hoods In 2024
To rank the cheapest places to live in El Paso, 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 47 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 El Paso.” We’re lookin’ at you, Buena Vista.
We updated this article for 2024. This is our fourth time ranking the cheapest neighborhoods to live in El Paso. 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 El Paso
If you’re measuring the neighborhoods in El Paso where prices are low, and it’s cheap to live, this is an accurate list.
The most affordable neighborhoods in El Paso are Buena Vista, Medina, Eagle, Sunset Heights, Borderland, Coronado, Chihuahuita, North Hills, East Side, and Mission Hills.
As mentioned earlier, the neighborhoods in El Paso aren’t all cheap. Friends Of Karl Wyler takes the title of the most expensive neighborhood to live in El Paso.
The most expensive neighborhoods in El Paso are Friends Of Karl Wyler, Carpenter, Golden Hills, Chamizal, and Lakeside.
We ranked the neighborhoods from cheapest to most expensive in the chart below.
For more Texas reading, check out:
- Most Dangerous Places In Texas
- Richest Cities In Texas
- Safest Places In Texas
- Worst Places To Live In Texas
Detailed List Of The Cheapest Neighborhoods To Live In El Paso For 2024
Rank | Neighborhood | Cost Of Living Index |
---|---|---|
1 | Buena Vista | 82 |
2 | Medina | 86 |
3 | Eagle | 75 |
4 | Sunset Heights | 84 |
5 | Borderland | 85 |
6 | Coronado | 94 |
7 | Chihuahuita | 81 |
8 | North Hills | 99 |
9 | East Side | 92 |
10 | Mission Hills | 100 |
11 | Redd-Mulberry | 96 |
12 | Save The Valley 21 | 84 |
13 | Northeast | 87 |
14 | Central | 83 |
15 | Castner Heights | 92 |
16 | Lower Valley | 84 |
17 | Ysleta Mission Valley | 85 |
18 | Album Park | 91 |
19 | Mountain Arroyos | 103 |
20 | Northwest | 99 |
21 | Houston Park | 81 |
22 | Montoya Heights | 92 |
23 | South Mesa | 80 |
24 | Las Palmas | 94 |
25 | Manhattan Heights | 85 |
26 | Cielo Vista | 88 |
27 | United | 82 |
28 | Pasadena | 81 |
29 | Las Tierras | 95 |
30 | Magoffin | 78 |
31 | El Paso High | 84 |
32 | El Paso Lower Valley | 83 |
33 | A Presidential Neighborhood | 80 |
34 | Five Points | 85 |
35 | Roberts | 87 |
36 | Rim Area | 106 |
37 | Silver Springs Village | 113 |
38 | Stoneridge | 91 |
39 | Thomas Manor | 86 |
40 | Alameda Business | 79 |
41 | Mesa Hills | 84 |
42 | San Juan | 82 |
43 | Lakeside | 84 |
44 | Chamizal | 82 |
45 | Golden Hills | 86 |
46 | Carpenter | 86 |
47 | Friends Of Karl Wyler | 90 |