Most Affordable Neighbourhoods in Halifax

Halifax is a growing city. With a steady market full of diverse buyers like young families, students and retirees, the city is currently a sellers’ market, with no signs of slowing down. With such a hot market, prices are higher than ever before, but there are still some hidden gem neighbourhoods where you can buy a home at a great price.

Is Halifax Affordable to Live In?

Halifax offers better affordability compared to major Canadian cities like Toronto and Vancouver, though costs have been rising steadily through 2025. Halifax affordability varies dramatically by neighbourhood, with some central areas having cost-of-living well above the city average. However, Halifax maintains its position as one of Canada’s more affordable capital cities, and there are several Halifax neighbourhoods that are very affordable.

Moser River

Tucked away on Halifax’s Eastern Shore, Moser River stands out as one of the region’s most affordable communities in 2025. The area boasts a significantly lower cost of living index, with more affordable groceries, healthcare and services. While the distance from downtown requires consideration for commuters, Moser River appeals to budget-conscious homebuyers seeking a peaceful coastal lifestyle with ocean views and strong community connections. This hidden gem is one of the best neighbourhoods in Halifax, especially for remote workers.

Harrietsfield

Just a 20-minute drive from downtown Halifax, Harrietsfield offers an attractive blend of affordability and accessibility. This growing community features housing costs significantly below the Halifax average, making it an increasingly popular choice for first-time buyers and families. Residents enjoy Harrietsfield’s unique rural atmosphere while maintaining quick access to urban amenities. The neighbourhood’s lower cost of living extends beyond housing to everyday expenses like groceries and services, though active listings move quickly in this competitive market. For house hunters seeking affordable housing in Halifax with reasonable commute times and a family-friendly environment, Harrietsfield is one of the best family neighbourhoods in Halifax.

Upper Musquodoboit

In Halifax’s northeastern reaches, Upper Musquodoboit stands out as one of the region’s most affordable housing markets in 2025. With median list prices significantly lower than Halifax proper, this rural community offers exceptional value for budget-conscious homebuyers. The neighbourhood’s cost of living index falls well below the Halifax average, with notable savings on housing, groceries, and services. While the trade-off includes a longer commute to downtown, residents enjoy peaceful country living with generous lot sizes and stunning natural surroundings. For those seeking affordable housing, a rural lifestyle, and the best Halifax neighbourhoods, Upper Musquodoboit delivers remarkable value in a picturesque setting.

Sheet Harbour

Located along Nova Scotia’s Eastern Shore, Sheet Harbour offers significantly lower housing prices than urban Halifax. Sheet Harbour appeals particularly to retirees and remote workers seeking affordable housing in Halifax, combined with natural beauty. Residents enjoy a relaxed, small-town atmosphere with basic amenities while saving substantially on housing, groceries, and everyday expenses. Though the 90-minute drive to downtown requires consideration, for those prioritizing budget-friendly coastal living over urban convenience, Sheet Harbour represents one of the best family neighbourhoods in Halifax’s extended municipality.

Chaswood

Just 30 minutes from downtown Halifax, Chaswood offers an appealing combination of affordability and accessibility. Chaswood earns strong livability scores for housing affordability (A+) while maintaining convenient access to urban amenities. Families appreciate the neighbourhood’s reasonable real estate prices, comfortable lot sizes, and community feel. Though some amenities and commute factors score lower, the significant housing cost savings make Chaswood one of the best family neighbourhoods in Halifax for those prioritizing affordability without sacrificing suburban conveniences.

While Halifax remains a hot market, there are still some hidden gem neighbourhoods where homes are affordable for any buyer. Ready to explore affordable homes in Halifax? Connect with a local REMAX agent who knows these hidden gem neighbourhoods inside and out.