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 Spokane might be more expensive than living in rural Washington, there are certain neighborhoods that are definitely cheaper.
What exactly are those Spokane 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 Spokane are the cheapest using Saturday Night Science.
What’s the cheapest neighborhood to live in Spokane for 2024? According to the most recent census data, Logan looks to be the cheapest Spokane 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 Spokane. You could be sacrificing location or crime rates for more space and cheaper groceries.
Read on to see how we determined the places around Spokane that deserve a little bragging rights, or maybe you’re interested in the worst neighborhoods in Spokane.
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
Table Of Contents: Top Ten | Methodology | Summary | Table
The 10 Cheapest Neighborhoods To Live In Spokane For 2024
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Population: 11,803
Cost Of Living Index: 91 (cheapest)
Home Value To Income Ratio: 3.1 (2nd cheapest)
Rent To Income Ratio: 0.019 (14th cheapest)
More on Logan: Data | Real Estate
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Population: 6,184
Cost Of Living Index: 107 (19th cheapest)
Home Value To Income Ratio: 3.1 (3rd cheapest)
Rent To Income Ratio: 0.014 (5th cheapest)
More on Balboasouth Indian Trail: Data | Real Estate
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Population: 6,156
Cost Of Living Index: 93 (4th cheapest)
Home Value To Income Ratio: 3.4 (5th cheapest)
Rent To Income Ratio: 0.021 (2cheapest)
More on Hillyard: Data | Real Estate
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Population: 22,022
Cost Of Living Index: 99 (14th cheapest)
Home Value To Income Ratio: 3.1 (4th cheapest)
Rent To Income Ratio: 0.018 (12th cheapest)
More on Northwest: Data | Real Estate
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Population: 12,667
Cost Of Living Index: 97 (12th cheapest)
Home Value To Income Ratio: 3.0 (cheapest)
Rent To Income Ratio: 0.02 (19th cheapest)
More on North Hill: Data | Real Estate
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Population: 11,110
Cost Of Living Index: 97 (12th cheapest)
Home Value To Income Ratio: 3.4 (7th cheapest)
Rent To Income Ratio: 0.019 (13th cheapest)
More on East Central: Data | Real Estate
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Population: 4,719
Cost Of Living Index: 110 (24th cheapest)
Home Value To Income Ratio: 3.5 (8th cheapest)
Rent To Income Ratio: 0.011 (cheapest)
More on Manitocannon Hill: Data | Real Estate
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Population: 9,191
Cost Of Living Index: 93 (4th cheapest)
Home Value To Income Ratio: 3.6 (13th cheapest)
Rent To Income Ratio: 0.02 (18th cheapest)
More on Emersongarfield: Data | Real Estate
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Population: 2,553
Cost Of Living Index: 126 (27th cheapest)
Home Value To Income Ratio: 3.4 (6th cheapest)
Rent To Income Ratio: 0.011 (2nd cheapest)
More on Five Mileprairie: Data | Real Estate
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Population: 3,320
Cost Of Living Index: 98 (13th cheapest)
Home Value To Income Ratio: 3.5 (9th cheapest)
Rent To Income Ratio: 0.02 (16th cheapest)
More on Minnehaha: Data | Real Estate
Methodology: How We Determined The Cheapest Spokane Hoods In 2024
To rank the cheapest places to live in Spokane, 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 27 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 Spokane.” We’re lookin’ at you, Logan.
We updated this article for 2024. This is our fourth time ranking the cheapest neighborhoods to live in Spokane. 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 Spokane
If you’re measuring the neighborhoods in Spokane where prices are low, and it’s cheap to live, this is an accurate list.
The most affordable neighborhoods in Spokane are Logan, Balboasouth Indian Trail, Hillyard, Northwest, North Hill, East Central, Manitocannon Hill, Emersongarfield, Five Mileprairie, and Minnehaha.
As mentioned earlier, the neighborhoods in Spokane aren’t all cheap. Brownes Addition takes the title of the most expensive neighborhood to live in Spokane.
The most expensive neighborhoods in Spokane are Brownes Addition, Riverside, Peaceful Valley, West Hills, and Thorpewestwood.
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
Detailed List Of The Cheapest Neighborhoods To Live In Spokane For 2024
Rank | Neighborhood | Cost Of Living Index |
---|---|---|
1 | Logan | 91 |
2 | Balboasouth Indian Trail | 107 |
3 | Hillyard | 93 |
4 | Northwest | 99 |
5 | North Hill | 97 |
6 | East Central | 97 |
7 | Manitocannon Hill | 110 |
8 | Emersongarfield | 93 |
9 | Five Mileprairie | 126 |
10 | Minnehaha | 98 |
11 | West Central | 93 |
12 | Whitman | 93 |
13 | Bemiss | 95 |
14 | North Indian Trail | 108 |
15 | Lincoln Heights | 103 |
16 | Chief Garry Park | 94 |
17 | Latah Valley | 102 |
18 | Nevadalidgerwood | 94 |
19 | Cliffcannon | 102 |
20 | Moran Prairie | 110 |
21 | Comstock | 109 |
22 | Rockwood | 114 |
23 | Thorpewestwood | 100 |
24 | West Hills | 112 |
25 | Peaceful Valley | 95 |
26 | Riverside | 96 |
27 | Brownes Addition | 109 |