The 10 Cheapest Lincoln, NE Neighborhoods To Live In For 2024


The cheapest Lincoln neighborhoods are Salt Valley View and South Salt Creek for 2024 based on Saturday Night Science.

By: Chris Kolmar | About HomeSnacks
Last Updated: January 27, 2024
Worst Neighborhoods In Lincoln
Source: Wikipedia User Hanyou23 | 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 Lincoln might be more expensive than living in rural Nebraska, there are certain neighborhoods that are definitely cheaper.

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 determine which neighborhoods in Lincoln are the cheapest using Saturday Night Science.

The Cheapest Neighborhoods In Lincoln For 2024

  1. Salt Valley View
  2. South Salt Creek
  3. Antelope Park
  4. 40th And A
  5. Indian Village
  6. West A
  7. East Campus
  8. Highlands
  9. Country Club
  10. High Ridge-Cushman

What’s the cheapest neighborhood to live in Lincoln for 2024? According to the most recent census data, Salt Valley View looks to be the cheapest 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 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.

For more Nebraska reading, check out:

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

The 10 Cheapest Neighborhoods To Live In Lincoln For 2024

1. Salt Valley View

Overall SnackAbility

7
/10

Population: 180
Cost Of Living Index: 91 (2cheapest)
Home Value To Income Ratio: 2.1 (6th cheapest)
Rent To Income Ratio: 0.008 (2nd cheapest)
More on Salt Valley View: Data | Real Estate

2. South Salt Creek

Overall SnackAbility

4
/10

Population: 3,898
Cost Of Living Index: 85 (6th cheapest)
Home Value To Income Ratio: 2.0 (cheapest)
Rent To Income Ratio: 0.017 (24th cheapest)
More on South Salt Creek: Data | Real Estate

3. Antelope Park

Overall SnackAbility

6
/10

Population: 793
Cost Of Living Index: 87 (10th cheapest)
Home Value To Income Ratio: 2.0 (3rd cheapest)
Rent To Income Ratio: 0.016 (2cheapest)
More on Antelope Park: Data | Real Estate

4. 40th And A

Overall SnackAbility

8.5
/10

Population: 4,085
Cost Of Living Index: 90 (18th cheapest)
Home Value To Income Ratio: 2.3 (13th cheapest)
Rent To Income Ratio: 0.012 (6th cheapest)
More on 40th And A: Data | Real Estate

5. Indian Village

Overall SnackAbility

8
/10

Population: 2,822
Cost Of Living Index: 88 (14th cheapest)
Home Value To Income Ratio: 2.4 (14th cheapest)
Rent To Income Ratio: 0.013 (10th cheapest)
More on Indian Village: Data | Real Estate

6. West A

Overall SnackAbility

8
/10

Population: 10,307
Cost Of Living Index: 88 (14th cheapest)
Home Value To Income Ratio: 2.2 (10th cheapest)
Rent To Income Ratio: 0.015 (16th cheapest)
More on West A: Data | Real Estate

7. East Campus

Overall SnackAbility

6
/10

Population: 1,875
Cost Of Living Index: 89 (16th cheapest)
Home Value To Income Ratio: 2.5 (17th cheapest)
Rent To Income Ratio: 0.013 (7th cheapest)
More on East Campus: Data | Real Estate

8. Highlands

Overall SnackAbility

8.5
/10

Population: 5,605
Cost Of Living Index: 98 (30th cheapest)
Home Value To Income Ratio: 2.0 (2nd cheapest)
Rent To Income Ratio: 0.013 (8th cheapest)
More on Highlands: Data | Real Estate

9. Country Club

Overall SnackAbility

9
/10

Population: 6,101
Cost Of Living Index: 92 (24th cheapest)
Home Value To Income Ratio: 2.4 (15th cheapest)
Rent To Income Ratio: 0.01 (3rd cheapest)
More on Country Club: Data | Real Estate

10. High Ridge-Cushman

Overall SnackAbility

8
/10

Population: 1,742
Cost Of Living Index: 94 (26th cheapest)
Home Value To Income Ratio: 2.0 (4th cheapest)
Rent To Income Ratio: 0.014 (12th cheapest)
More on High Ridge-Cushman: Data | Real Estate

Methodology: How We Determined The Cheapest Lincoln Hoods In 2024

To rank the cheapest places to live in Lincoln, 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 37 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, Salt Valley View.

We updated this article for 2024. This is our fourth time ranking the cheapest neighborhoods to live in Lincoln. 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.

The most affordable neighborhoods in Lincoln are Salt Valley View, South Salt Creek, Antelope Park, 40th And A, Indian Village, West A, East Campus, Highlands, Country Club, and High Ridge-Cushman.

As mentioned earlier, the neighborhoods in Lincoln aren’t all cheap. Landons takes the title of the most expensive neighborhood to live in Lincoln.

The most expensive neighborhoods in Lincoln are Landons, Autumn Wood, South 48th Street, Downtown, and Malone.

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 2024

Rank Neighborhood Cost Of Living Index
1 Salt Valley View 91
2 South Salt Creek 85
3 Antelope Park 87
4 40th And A 90
5 Indian Village 88
6 West A 88
7 East Campus 89
8 Highlands 98
9 Country Club 92
10 High Ridge-Cushman 94
11 Maple Village-Wedgewood 91
12 Belmont 88
13 Arnold Heights 87
14 Bicentennial Estates 95
15 Hartley 84
16 Crown Pointe 102
17 Meadowlane 92
18 Greater South 95
19 University Place 87
20 Yankee Ridge 124
21 Everett 82
22 Near South 85
23 Capitol Beach 94
24 North Bottoms 83
25 Clinton 86
26 Amber Hills 113
27 Taylor Park 98
28 Far South 91
29 Porter Ridge 104
30 Family Acres 107
31 Southern Hills 103
32 Woods Park 87
33 Malone 86
34 Downtown 83
35 South 48th Street 91
36 Autumn Wood 90
37 Landons 91
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.

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