The Complete Guide to Living Affordably in Liverpool: Best Areas, Property Costs & Local Insights

In recent years, Liverpool has continued to grow in popularity. Home to families, students, young professionals, world class creatives and a range of businesses, Liverpool is one of the most diverse cities in the UK, so there’s no wonder why more and more people are choosing to call the city home. 

However, as is always the case, with growing popularity comes growing property costs. Though Liverpool is still considered to be one of the most affordable cities in the country, cost of living is a crucial factor when thinking about a move, and some areas have jumped in price.

The good news is that, being such a large city with diverse areas, moving to Liverpool in 2026 can still be an incredibly affordable prospect.

At Lyons Estates, we sell and rent properties across the city and through our time doing this, we have learned a lot about Liverpool, including its most affordable areas. 

Keep reading our guide for more detail on the best places to live in Liverpool, living and working in the city, average property prices, and how to find the perfect property. 

Is Liverpool an Affordable City to Live in?

As we have previously discussed in our first-time buyers guide to Liverpool, Liverpool’s average house price is nearly 40% lower than the UK national average, making it a prime location for anyone looking for that city lifestyle without the big city price. 

Though there are areas in Liverpool, such as Allerton, Calderstones and Formby, which have more premium property prices, there are plenty of areas throughout the city where you can buy or rent a property at an incredibly affordable price. 

Top 5 Most Affordable Areas in Liverpool

First time buyer or renter looking to secure a property for a low price in Liverpool? Some of the most affordable areas include:

Norris Green

Norris Green is a suburb east of Liverpool that has undergone significant regeneration in recent years. With new developments like Norris Green Village, this area of Liverpool has significantly transformed in recent years, previously having a less than affluent reputation. 

Close to beautiful green spaces and with a strong sense of community, the area is becoming increasingly popular with renters, partly due to its affordable rental and home prices. 

With plenty of houses for sale in the area, now’s the time to buy. 

The rental and home prices that you can expect in this area are:

Average property price in Norris Green: £166,487

Average rental price in Norris Green: £881

Kirkdale

Located adjacent to the Northern Liverpool docks, Kirkdale has a rich history that is reflected in the housing in the area. With close transport links to the city centre, its proximity to the new Everton stadium and strong community feel, Kirkdale is definitely an area that should be on our radar if you’re looking for an affordable area in Liverpool to call home, Kirkdale should definitely be on your radar. 

The area is also benefiting from recent redevelopment plans, with older properties being brought into the 21st century with major updates. As of right now, property costs are still among the lowest in the city, but with ongoing redevelopment plans, you need to act fast to secure a well-priced property. 

Average property price in Kirkdale: £146,182

Average rental price in Kirkdale: £885

Walton

Known for its working-class culture, affordable housing and fantastic transport links, Walton is the perfect area for anyone looking for an affordable property close to the city centre. The area can get pretty lively, so if a quiet residential area is what you’re after, Walton might not be the area for you. However, if you’re looking for affordability and that real Scouse community feel, Walton is definitely one worth considering if you want cheap houses in Liverpool. 

Average property price in Walton: £151,737

Average rental price in Walton: £885

Everton

Located just north of the city centre, this area has, in the last decade, become a popular choice for students and commuters who have flocked to Liverpool, thanks to its diverse range of properties and affordability. Thanks to low property prices and great local amenities, this is one of the best places to buy a house in Liverpool.

With a strong community feel, green spaces, multicultural residency, and suburban feel, this area is great for those wanting close proximity to the city without the hustle and bustle of the centre. 

Average property price in Everton: £118,091

Average rental price in Everton: £676

Anfield 

Anfield is an area currently experiencing rapid regeneration. With major developments across the areas, affordable housing and a well-sought-after community feel, this family-oriented area is one to watch, especially thanks to its great school options and close links to the city, making it the perfect location for families and commuters. 

Due to its proximity to Anfield station, the area can get incredibly busy and even rowdy on match days. If that doesn’t suit your lifestyle, Anfield might not be the right area for you. 

Average property price in Anfield: £128,416

Average Rental Price in Anfield: £650

Find The Perfect Property in Liverpool Today With Lyons Estates

So there you have it, the 5 most affordable areas in Liverpool. As the city continues to grow and develop, we can’t be sure that these areas will maintain their low prices in the next few years, so we recommend that anyone looking to secure an affordable property in the areas we have discussed act fast or risk missing out, as 2026 is a prime time to buy a house in the area. 

Want help finding affordable property in Liverpool? Get in touch with us today.

Best Area in Liverpool: Frequently Asked Questions

Some frequently asked questions we get about Liverpool’s affordability include:

What is the cheapest area to rent in Liverpool? 

Anfield and Everton are the cheapest areas to rent in Liverpool, with average monthly rents of around £650 and £676 respectively,  well below the UK city average. 

Is Liverpool a good place to buy your first home? 

Yes. Liverpool’s average house prices are nearly 40% lower than the UK national average, with areas like Everton (avg. £118,091) and Anfield (avg. £128,416) offering some of the most accessible entry-level prices in the country.

Not only is Liverpool a good place to invest and live due to pricing, its rich history, diverse culture and diverse property types make it a great place to buy your first home. 

Which areas of Liverpool are best for first-time buyers? 

Everton, Anfield and Kirkdale are the top choices, with average prices ranging from £118,000 to £146,000. All three offer strong community feels, good transport links and ongoing regeneration that could mean solid long-term value.

What is the average rent in Liverpool? 

In Liverpool’s most affordable areas, rents start from around £650/month in Anfield and £676/month in Everton, rising to approximately £881–£885/month in Walton, Norris Green and Kirkdale.

Is it better to rent or buy in Liverpool right now? 

With properties starting from around £118,000 in areas like Everton, buying is a cost-effective long-term option. However, with rents as low as £650/month, Liverpool is also one of the most affordable cities in the UK to rent in.