Assuming everything else is the same, we can all agree that it’s better to live in a cheaper place rather than a more expensive one. I would prefer to pay $500 per month for rent instead of $1,000. I prefer to pay $2 for coffee instead of $5.
Although living in any neighborhood in Rochester is generally more expensive than living in rural New York, there are some neighborhoods that are definitely more affordable.
Which neighborhoods in Rochester offer more value for your money, allowing you to rent a one-bedroom apartment instead of a studio?
We wanted to find out which neighborhoods in Rochester are the cheapest using Saturday Night Science, instead of relying on public opinion and speculation. We aimed to gather accurate information and facts.
Let’s be clear that the quality of these neighborhoods in Rochester may not be the best, but it’s important to remember that you get what you pay for. You might have to give up living in a desirable area or dealing with higher crime rates in order to have a larger living space and save money on groceries.
If you want to know which places around Rochester are worth bragging about, or if you’re curious about the worst neighborhoods in Rochester, keep reading.
Cheapest Neighborhoods To Live In Rochester
Homestead Heights
Population: 3,495
Cost Of Living Index: 87 (16th cheapest)
Home Value To Income Ratio: 1.2 (cheapest)
Rent To Income Ratio: 0.016 (7th cheapest)
Upper Falls
Population: 6,300
Cost Of Living Index: 80 (cheapest)
Home Value To Income Ratio: 1.5 (3rd cheapest)
Rent To Income Ratio: 0.029 (23rd cheapest)
Strong
Population: 4,246
Cost Of Living Index: 83 (4th cheapest)
Home Value To Income Ratio: 2.8 (2cheapest)
Rent To Income Ratio: 0.016 (8th cheapest)
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Browncroft
Population: 3,413
Cost Of Living Index: 94 (28th cheapest)
Home Value To Income Ratio: 1.5 (4th cheapest)
Rent To Income Ratio: 0.01 (2nd cheapest)
Maplewood
Population: 18,384
Cost Of Living Index: 87 (16th cheapest)
Home Value To Income Ratio: 1.8 (8th cheapest)
Rent To Income Ratio: 0.02 (13th cheapest)
Genesee Valley Park
Population: 55
Cost Of Living Index: 102 (33rd cheapest)
Home Value To Income Ratio: 1.4 (2nd cheapest)
Rent To Income Ratio: 0.012 (3rd cheapest)
Culver-Winton
Population: 7,013
Cost Of Living Index: 91 (24th cheapest)
Home Value To Income Ratio: 1.8 (10th cheapest)
Rent To Income Ratio: 0.016 (5th cheapest)
Methodology to Find The Cheapest Places in Rochester Hoods
In order to determine the cheapest places to live in Rochester, we needed to establish the criteria for what makes a place “cheap” and then use Saturday Night Science to apply it. We used data from the Census and extrapolated data from the BLS to come up with the following set of criteria:
- Overall Cost Of Living
- Rent To Income Ratio
- Median Home Value To Income Ratio
We assigned scores from 1 to 33 to each neighborhood in each category, with 1 being the least expensive. Afterwards, we calculated the average rankings for each neighborhood in order to create an index that measures affordability.
And lastly, we named the neighborhood with the lowest neighborhood index as the “Cheapest City Neighborhood In Rochester.” We are looking at you, Homestead Heights.
This article has been updated for 2024. We have ranked the cheapest neighborhoods to live in Rochester for the fourth time. To quickly find the list of neighborhoods in the city, go straight to the end. The neighborhoods are arranged from the least expensive to the most expensive.
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