Life in a big city is fast becoming downright impossible for anyone who’s not very well off. The cost of housing alone can make the prospects of living in one of America’s most populous urban centers a pipe dream. The average rent on a one-bedroom apartment in New York City right now comes to $2,333 — meaning someone looking to live alone and spend less than a third of their income on rent would need to make nearly $90,000 a year. And of course, they’ve got it easy compared to residents of San Francisco, where the average rent on a one-bedroom is a mind-boggling $3,612.

However, while a city’s average rent gives a clear overview, it’s not necessarily the reality for every resident. While some might choose to pay more for higher-end places in fancier districts, there’s also typically going to be places where housing prices are below average. Meaning that, should you find the right neighborhood, you might be able to carve out a corner of the city where your housing costs align with your income in a realistic manner. Perhaps, even a desirable locale where the cost of a house is attainable.

That’s the motivation behind a new GOBankingRates study highlighting the neighborhoods in American metropolises that offer the most budget-friendly options for housing. Taking 50 of the largest cities in the country and ranking them by population, the study identified three neighborhoods in each city where the cost of buying and renting is lowest. To determine these costs, GOBankingRates used Zillow’s rent index and home value index — both of which use weighted results from listings and sales data to give a more accurate reflection of the expected costs in a specific housing market. These areas might not be a magic bullet that allows you to buy a spacious home in one of America’s priciest cities, but they might remedy a difficult budget or offer a realistic cure for that long commute.

So, take a look and see where in America you can buy and rent housing for less.

Last updated: Sept. 14, 2020

1. New York

  • Parkchester
    • Average home value: $171,912.33
    • Average monthly rent: $1,776.79
  • Woodlawn
    • Average home value: $273,617.67
    • Average monthly rent: $1,844.08
  • Williamsbridge
    • Average home value: $314,275.00
    • Average monthly rent: $1,810.36

2. Los Angeles

  • Southeast Los Angeles
    • Average home value: $417,180.33
    • Average monthly rent: $2,376.83
  • Central City
    • Average home value: $442,035.67
    • Average monthly rent: $2,372.72
  • Wilmington
    • Average home value: $476,672.67
    • Average monthly rent: $2,338.90

3. Chicago

  • South Chicago
    • Average home value: $108,866.00
    • Average monthly rent: $1,174.28
  • Burnside
    • Average home value: $121,429.67
    • Average monthly rent: $1,248.72
  • Chatham
    • Average home value: $139,944.67
    • Average monthly rent: $1,243.40

4. Houston

  • Clinton Park Tri-Community
    • Average home value: $85,589.33
    • Average monthly rent: $1,109.40
  • Settegast
    • Average home value: $91,059.67
    • Average monthly rent: $1,121.93
  • Trinity – Houston Gardens
    • Average home value: $95,277.33
    • Average monthly rent: $1,209.37

5. Phoenix

  • Estrella
    • Average home value: $222,509.00
    • Average monthly rent: $1,286.23
  • South Mountain
    • Average home value: $209,671.00
    • Average monthly rent: $1,337.52
  • Alhambra
    • Average home value: $203,803.00
    • Average monthly rent: $1,348.78

6. Philadelphia

  • Olney
    • Average home value: $120,606.67
    • Average monthly rent: $1,106.87
  • Wissinoming
    • Average home value: $126,697.00
    • Average monthly rent: $1,122.61
  • Summerdale
    • Average home value: $120,918.33
    • Average monthly rent: $1,165.94

7. San Antonio

  • Avenida Guadalupe
    • Average home value: $87,869.33
    • Average monthly rent: $933.96
  • Quintana Community
    • Average home value: $98,565.67
    • Average monthly rent: $940.73
  • Prospect Hill
    • Average home value: $91,096.33
    • Average monthly rent: $1,021.83

8. San Diego

  • Colina del Sol
    • Average home value: $274,151.33
    • Average monthly rent: $1,791.60
  • Grantville
    • Average home value: $335,718.67
    • Average monthly rent: $2,031.20
  • Corridor
    • Average home value: $419,155.33
    • Average monthly rent: $1,946.80

9. Dallas

  • Southeast Dallas
    • Average home value: $140,639.67
    • Average monthly rent: $1,203.66
  • South Dallas
    • Average home value: $144,813.33
    • Average monthly rent: $1,206.42
  • Wolf Creek
    • Average home value: $175,468.00
    • Average monthly rent: $1,219.65

10. San Jose, California

  • Fairgrounds
    • Average home value: $753,476.67
    • Average monthly rent: $2,959.95
  • Alum Rock-East Foothills
    • Average home value: $775,561.33
    • Average monthly rent: $2,976.06
  • East San Jose
    • Average home value: $742,687.00
    • Average monthly rent: $3,020.42

11. Austin, Texas

  • Franklin Park
    • Average home value: $226,321.67
    • Average monthly rent: $1,501.63
  • McKinney
    • Average home value: $238,674.33
    • Average monthly rent: $1,582.56
  • Southeast
    • Average home value: $252,274.33
    • Average monthly rent: $1,564.38

12. Jacksonville, Florida

  • Sweetwater
    • Average home value: $144,786.67
    • Average monthly rent: $1,092.91
  • Oak Hill
    • Average home value: $147,966.00
    • Average monthly rent: $1,082.49
  • Baymeadows
    • Average home value: $132,286.67
    • Average monthly rent: $1,287.83

13. Fort Worth, Texas

  • Bomber Heights
    • Average home value: $137,008.00
    • Average monthly rent: $1,014.55
  • South Hills
    • Average home value: $156,941.33
    • Average monthly rent: $1,321.83
  • Handley
    • Average home value: $159,764.00
    • Average monthly rent: $1,364.96

Find Out: Best Places To Live on a $50,000 Salary in Every State

14. Columbus, Ohio

  • Leawood
    • Average home value: $118,180.00
    • Average monthly rent: $1,025.25
  • Beechwood
    • Average home value: $117,959.33
    • Average monthly rent: $1,068.57
  • Holly Hill
    • Average home value: $123,240.33
    • Average monthly rent: $921.76

15. San Francisco

  • Ingleside Heights
    • Average home value: $999,816.00
    • Average monthly rent: $3,294.98
  • Visitacion Valley
    • Average home value: $942,445.33
    • Average monthly rent: $3,781.00
  • Bayview
    • Average home value: $963,365.67
    • Average monthly rent: $3,729.28

16. Charlotte, North Carolina

  • Hidden Valley
    • Average home value: $142,526.00
    • Average monthly rent: $1,116.67
  • Westerly Hills
    • Average home value: $139,452.33
    • Average monthly rent: $1,253.63
  • College Downs
    • Average home value: $146,588.00
    • Average monthly rent: $1,221.46

17. Indianapolis

  • Near Southeast
    • Average home value: $70,236.67
    • Average monthly rent: $747.45
  • Devington
    • Average home value: $79,111.33
    • Average monthly rent: $792.86
  • Garden City
    • Average home value: $86,969.33
    • Average monthly rent: $815.19

18. Seattle

  • South Park
    • Average home value: $451,096.00
    • Average monthly rent: $1,672.30
  • South Delridge
    • Average home value: $474,639.00
    • Average monthly rent: $1,859.66
  • Rainier View
    • Average home value: $446,556.00
    • Average monthly rent: $2,114.27

19. Denver

  • Windsor
    • Average home value: $210,160.00
    • Average monthly rent: $1,659.29
  • DIA
    • Average home value: $267,059.67
    • Average monthly rent: $1,706.34
  • College View – South Platte
    • Average home value: $334,963.67
    • Average monthly rent: $1,494.31

20. Washington

  • Congress Heights
    • Average home value: $342,830.00
    • Average monthly rent: $1,754.62
  • Deanwood
    • Average home value: $355,729.00
    • Average monthly rent: $1,807.80
  • Buena Vista
    • Average home value: $359,371.67
    • Average monthly rent: $1,908.54

21. Boston

  • Brighton
    • Average home value: $531,927.33
    • Average monthly rent: $2,705.14
  • Allston
    • Average home value: $596,565.00
    • Average monthly rent: $2,735.43
  • West End
    • Average home value: $585,661.33
    • Average monthly rent: $2,908.46

22. El Paso, Texas

  • Pasadena
    • Average home value: $92,163.67
    • Average monthly rent: $829.36
  • Ysleta Mission Valley
    • Average home value: $94,309.67
    • Average monthly rent: $871.46
  • Save the Valley 21
    • Average home value: $97,424.33
    • Average monthly rent: $871.03

23. Portland, Oregon

  • Powellhurst Gilbert
    • Average home value: $315,255.00
    • Average monthly rent: $1,590.57
  • Hayden Island
    • Average home value: $282,370.67
    • Average monthly rent: $1,847.19
  • Mill Park
    • Average home value: $317,264.00
    • Average monthly rent: $1,585.46

24. Memphis, Tennessee

  • Shelby Forest-Frayser
    • Average home value: $55,718.67
    • Average monthly rent: $723.63
  • Berclair-Highland Heights
    • Average home value: $49,402.67
    • Average monthly rent: $814.04
  • Parkway Village-Oakhaven
    • Average home value: $78,959.00
    • Average monthly rent: $804.61

25. Oklahoma City

  • Meridian Avenue Corridor
    • Average home value: $108,080.33
    • Average monthly rent: $837.84
  • I-240 Corridor
    • Average home value: $108,675.00
    • Average monthly rent: $835.40
  • Northwest 39th Street Enclave
    • Average home value: $120,743.00
    • Average monthly rent: $896.37

26. Las Vegas

  • Sunrise Manor
    • Average home value: $230,782.33
    • Average monthly rent: $1,183.07
  • Charleston Heights
    • Average home value: $232,157.67
    • Average monthly rent: $1,249.53
  • Whitney
    • Average home value: $235,932.00
    • Average monthly rent: $1,241.85

27. Louisville, Kentucky

  • Taylor Berry
    • Average home value: $65,465.00
    • Average monthly rent: $787.25
  • Parkland
    • Average home value: $36,596.33
    • Average monthly rent: $833.31
  • Wyandotte
    • Average home value: $69,900.00
    • Average monthly rent: $817.54

28. Baltimore

  • Idlewood
    • Average home value: $137,172.00
    • Average monthly rent: $1,197.22
  • Perring Loch
    • Average home value: $142,810.00
    • Average monthly rent: $1,206.66
  • Woodring
    • Average home value: $169,597.00
    • Average monthly rent: $1,272.56

29. Milwaukee

  • Silver Spring
    • Average home value: $85,245.33
    • Average monthly rent: $841.97
  • Uptown
    • Average home value: $98,853.00
    • Average monthly rent: $800.32
  • Capitol Heights
    • Average home value: $109,150.00
    • Average monthly rent: $859.51

30. Albuquerque, New Mexico

  • Trumbull Village
    • Average home value: $121,995.67
    • Average monthly rent: $771.80
  • La Mesa
    • Average home value: $141,455.67
    • Average monthly rent: $835.92
  • Alamosa
    • Average home value: $130,502.33
    • Average monthly rent: $1,028.29

31. Tucson, Arizona

  • Julia Keen
    • Average home value: $146,052.67
    • Average monthly rent: $997.12
  • Myers
    • Average home value: $148,288.00
    • Average monthly rent: $1,016.11
  • Keeling
    • Average home value: $153,531.00
    • Average monthly rent: $845.42

32. Fresno, California

  • Central
    • Average home value: $148,683.33
    • Average monthly rent: $981.57
  • Fresno High Roeding
    • Average home value: $198,805.67
    • Average monthly rent: $1,168.46
  • Roosevelt
    • Average home value: $205,392.00
    • Average monthly rent: $1,149.20

33. Mesa, Arizona

  • Mesa Grande
    • Average home value: $172,562.67
    • Average monthly rent: $1,375.19
  • Encanto
    • Average home value: $222,973.67
    • Average monthly rent: $1,345.24
  • Reed Park
    • Average home value: $227,936.33
    • Average monthly rent: $1,342.02

34. Sacramento, California

  • East Del Paso Heights
    • Average home value: $231,941.33
    • Average monthly rent: $1,427.61
  • South Hagginwood
    • Average home value: $235,871.67
    • Average monthly rent: $1,531.66
  • Del Paso Heights
    • Average home value: $252,353.67
    • Average monthly rent: $1,564.72

35. Atlanta

  • Princeton Lakes
    • Average home value: $228,343.00
    • Average monthly rent: $1,346.56
  • Downtown
    • Average home value: $228,871.67
    • Average monthly rent: $1,730.77
  • Lindbergh
    • Average home value: $264,867.00
    • Average monthly rent: $1,745.96

36. Kansas City, Missouri

  • South India Mound
    • Average home value: $58,166.00
    • Average monthly rent: $814.03
  • Marlborough Heights – Marlborough Pride
    • Average home value: $57,602.33
    • Average monthly rent: $835.96
  • Eastwood Hill East
    • Average home value: $75,485.67
    • Average monthly rent: $852.75

37. Colorado Springs, Colorado

  • Southeast Colorado Springs
    • Average home value: $243,699.00
    • Average monthly rent: $1,387.09
  • Central Colorado Springs
    • Average home value: $269,830.67
    • Average monthly rent: $1,437.56
  • East Colorado Springs
    • Average home value: $280,484.33
    • Average monthly rent: $1,451.51

38. Miami

  • Flagami
    • Average home value: $304,038.67
    • Average monthly rent: $1,750.21
  • Alameda – West Flagler
    • Average home value: $343,318.33
    • Average monthly rent: $1,756.92
  • Shenandoah
    • Average home value: $472,340.67
    • Average monthly rent: $1,897.90

Downtown Living: Most Affordable Cities in the US

39. Raleigh, North Carolina

  • South Raleigh
    • Average home value: $183,149.67
    • Average monthly rent: $1,210.94
  • Southeast Raleigh
    • Average home value: $189,576.67
    • Average monthly rent: $1,261.70
  • East Raleigh
    • Average home value: $255,731.33
    • Average monthly rent: $1,162.45

40. Long Beach, California

  • East Village
    • Average home value: $335,772.67
    • Average monthly rent: $2,032.62
  • Hellman
    • Average home value: $402,442.67
    • Average monthly rent: $1,996.92
  • Willmore City
    • Average home value: $404,225.67
    • Average monthly rent: $2,049.22

41. Virginia Beach, Virginia

  • Oceana
    • Average home value: $209,940.33
    • Average monthly rent: $1,318.68
  • Green Run
    • Average home value: $207,796.00
    • Average monthly rent: $1,383.65
  • Princess Anne Plaza
    • Average home value: $223,169.33
    • Average monthly rent: $1,388.52

42. Oakland, California

  • North Stonehurst
    • Average home value: $473,472.67
    • Average monthly rent: $2,554.97
  • Webster
    • Average home value: $462,408.00
    • Average monthly rent: $2,634.27
  • Adams Point
    • Average home value: $609,247.33
    • Average monthly rent: $2,976.95

43. Minneapolis

  • Webber-Camden
    • Average home value: $182,663.33
    • Average monthly rent: $1,323.02
  • McKinley
    • Average home value: $174,346.33
    • Average monthly rent: $1,448.56
  • Whittier
    • Average home value: $196,790.67
    • Average monthly rent: $1,358.91

44. Tulsa, Oklahoma

  • Hoover
    • Average home value: $126,425.67
    • Average monthly rent: $924.13
  • Lynn Lane
    • Average home value: $225,407.00
    • Average monthly rent: $942.66
  • Brookside
    • Average home value: $209,966.33
    • Average monthly rent: $994.32

45. Arlington, Texas

  • Central
    • Average home value: $179,734.00
    • Average monthly rent: $1,217.61
  • East
    • Average home value: $173,661.67
    • Average monthly rent: $1,259.42
  • West
    • Average home value: $225,838.67
    • Average monthly rent: $1,455.02

46. Tampa, Florida

  • Terrace Park
    • Average home value: $181,194.33
    • Average monthly rent: $1,249.69
  • Lowry Park Central
    • Average home value: $187,923.33
    • Average monthly rent: $1,273.09
  • Fairoaks
    • Average home value: $199,468.33
    • Average monthly rent: $1,306.93

47. Wichita, Kansas

  • McCormick
    • Average home value: $56,611.33
    • Average monthly rent: $702.56
  • South Central
    • Average home value: $57,431.00
    • Average monthly rent: $664.73
  • Stanley-Aley
    • Average home value: $60,893.67
    • Average monthly rent: $709.47

48. Cleveland

  • North Collinwood
    • Average home value: $72,165.67
    • Average monthly rent: $769.39
  • Old Brooklyn
    • Average home value: $92,358.00
    • Average monthly rent: $799.38
  • Jefferson
    • Average home value: $84,397.67
    • Average monthly rent: $839.92

49. Bakersfield, California

  • Southgate
    • Average home value: $142,580.67
    • Average monthly rent: $1,032.97
  • Oleander Sunset
    • Average home value: $159,776.00
    • Average monthly rent: $1,064.49
  • Benton Park
    • Average home value: $172,978.00
    • Average monthly rent: $1,209.71

50. Aurora, Colorado

  • Centretech
    • Average home value: $179,993.67
    • Average monthly rent: $1,432.76
  • City Center North
    • Average home value: $229,571.00
    • Average monthly rent: $1,357.68
  • Highline Villages
    • Average home value: $230,156.67
    • Average monthly rent: $1,521.10

More From GOBankingRates

Methodology: GOBankingRates took the 54 biggest cities in the U.S. by population (according to the 2018 American Community Survey conducted by the U.S. Census Bureau) and found the three cheapest neighborhoods in each in terms of home values and rent rates. First, GOBankingRates compiled the 10 neighborhoods in each city with (1) the lowest median estimated home values (according to Zillow’s housing data). Then, GOBankingRates compiled (2) the estimated market rent rate (also from Zillow) in each city’s 10 selected neighborhoods. GOBankingRates then scored each neighborhood against the other selected neighborhoods in the respective state on each of these two factors, with lower home values and lower rent corresponding to lower scores. The three cheapest neighborhoods in each city were identified as the three neighborhoods with the lowest composite score. In order to be included in our final ranking, neighborhoods had to have data available for both scored factors. All data was compiled on and is up to date as of Jan. 3, 2020. 

Note: The following four cities were omitted from our final ranking due to a significant lack of data on their housing markets, which made them impossible to rank: Detroit; New Orleans; Nashville, Tennessee; and Omaha, Nebraska. We considered 20 neighborhoods (rather than 10) to create our final ranking in the following four cities that were lacking some data to ensure that we had both home value and rent data for at least three neighborhoods: Baltimore; Tucson, Arizona; Mesa, Arizona; and Oakland, California.

This article originally appeared on GOBankingRates.com: The Cheapest Neighborhoods in the 50 Biggest US Cities