There's no denying that Edinburgh is one of the absolute priciest places in the UK to buy a home.
With households across Scotland struggling to pay their bills amid the worsening cost of living crisis, many feel that owning property is out of reach.
House prices vary wildly across the city, however, and a budget that may lock you out of certain areas may well be enough to get you a nice home in some neighbourhoods.
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To find out where in Edinburgh you can buy the cheapest family home, we took a look at each neighbourhood on Rightmove.
Here is a rundown of the most affordable 3-bedroom home in each area of Edinburgh.
New Town
Montgomery Street, £315,000
Type of property: Apartment
Number of bathrooms: 2
Compared with some of the properties on this list, this two-floor flat is pretty reasonably priced at £315,000. While some likely won't be keen to purchase a basement property, they'd be missing out as the interior is truly stunning — with beautiful pastel walls and wooden floors.
What the listing says: "A rare opportunity to acquire a spacious ground and basement property situated on Montgomery Street in the popular Hillside area. Requiring a degree of modernisation and renovation the property, which is abundant in original period features, presents an incoming purchaser a chance to create a flexible and spacious home in a prime city centre location."
More information is available here.
Leith
Hawthornvale, £235,000
Type of property: Flat
Number of bathrooms: 1
Almost £100,000 cheaper is this property in Leith, which features a log burner, central heating, and a large communal garden. While the northern location may not suit those who would prefer to be central, £235,000 is a great price for a family home in Edinburgh.
What the listing says: "We are proud to bring this bright and spacious family three bedroom, first floor apartment forming part of a traditional tenement block. The property is in excellent order throughout enjoying a southerly outlook toward Arthur’s Seat boasting outstanding panoramic views."
More information is available here.
Corstorphine
52 Carrick Knowe Parkway, £195,000
Type of property: Flat
Number of bathrooms: 1
While it may not look like much from the outside, this flat is the cheapest property on this list. The interior is bright and colourful, and for £195,000 could be the perfect family home for those on a smaller budget but who still want to live in the city.
What the listing says: "Located in popular Carrick Knowe and right next to Union park, this lovely three bedroom upper villa, offers great proportions, in ready to move into condition. Set on a prime corner position, the property also, boasts a substantial private garden, with gate access, to provide off street parking."
More information is available here.
Gorgie & Dalry
Northcote Street, Dalry, £275,000
Type of property: Apartment
Number of bathrooms: 2
Whilst slightly more expensive than the Corstorphine property, this flat in Dalry is still great value for money considering how close it is to the city centre. Though the decor is a bit dated, with a bit of a refresh, it could make for a stunning family home.
What the listing says: "Beautifully presented, three-bedroom, second floor apartment, set in a modern, factored and lift-served residential development, located in the popular and well-placed Dalry district, to the west of Edinburgh city centre. There is excellent local shopping, with specialist shops and supermarkets close by, including Co-operative and Lidl supermarkets, whilst a Sainsbury's and Aldi are located in nearby in Gorgie."
More information is available here.
Portobello
Portobello High Street, £340,000
Type of property: Flat
Number of bathrooms: 2
This building may look a bit unusual from the outside, but the flat itself is understated and calming, with light wood-effect floors and neutral-coloured walls. If you're wanting to live in Edinburgh, but want to be a bit away from the hustle and bustle of the city centre, Portobello is a great location for a family home. It is a bit pricey, though.
What the listing says: "A superb three bedroom flat with wonderful views to the Firth of Forth in a small exclusive development just off Portobello High Street. Finished to an exacting standard, this spacious property offers stylish accommodation throughout and is well positioned to take advantage of everything Portobello has to offer."
More information is available here.
Bruntsfield & Morningside
1 Springvalley Terrace, £300,000
Type of property: Flat
Number of bathrooms: 2
Considering it is situated in the stunning and highly sought after area of Morningside, £300,000 isn't a bad price at all if location is king for you. The inside is nice too, with unique flooring in the living room, though it admittedly looks like it needs a bit of work to bring it up to its full potential.
What the listing says: "Boasting one of the capital’s most prestigious central addresses, this delightful ground-floor two-bedroom, two bathroom tenement flat lies in the heart of bustling Morningside, within strolling distance of shops, bars and eateries, scenic open spaces, and city-wide transport links. The well-presented home (with access to a sunny communal garden) enjoys muted interiors and sleek contemporary finishings, beautifully enhanced by an array of enchanting period features."
More information is available here.
South Queensferry
24 Rosebery Avenue, £240,000
Type of property: Terraced
While it's not the cheapest home on this list, this South Queensferry property is the only one that is a full multi-storey house — and that alone could be enough to sway some potential buyers. The decor is clean and inoffensive, and the accommodation even comes with a conservatory.
Number of bathrooms: 1 + 2 WC
What the listing says: "This light and airy mid terraced villa forms part of a quiet residential area within the picturesque seaside town of South Queensferry. The property is within walking distance of good amenities, primary and secondary schooling and Dalmeny Railway Station with the Queensferry Crossing a short drive away. The deceptively spacious accommodation would make an ideal family home."
More information is available here.
Southside
Sciennes, Newington, £275,000
Type of property: Flat
Number of bathrooms: 1
Newington is a great place to buy if you want to live as close to the city centre as possible but aren't looking to spend an arm and a leg. While £275,000 isn't cheap, with a little imagination the interior could be made to look really great. Not to mention the Meadows is literally on your doorstep.
What the listing says: "A three bedroom first floor flat, ideally placed for access to The Meadows and the many amenities of Marchmont and Newington. The property would be ideal as a buy-to-let investment as there are many Edinburgh University students looking to be located in the locality."
More information is available here.
West End
24/3 Coates Gardens, West End, £495,000
Type of property: Apartment
Number of bathrooms: 2
This is the most expensive property on this list. You get what you pay for, and if you're keen to live in the popular and pretty West End of the city, then you need to be willing to fork out some serious cash. This flat doesn't just have a great location to offer, though, with high ceilings and a clean, modern aesthetic — and even access to a balcony.
What the listing says: "24/3 Coates Gardens is a wonderfully presented top floor flat which has been cleverly refurbished throughout. The property has a unique floorplan, as it has been extended into the neighbouring flat creating much larger accommodation than a typical top floor flat in the West End."
More information is available here.
Old Town
George IV Bridge, £485,000
Type of property: Apartment
Number of bathrooms: 1
The second priciest property on the list is this terrifically located flat with stunning views. Although it only has one bathroom, and its angled walls make it appear smaller than a lot of the other homes here, its calming interior colour palette, original features, and skylights make it a great potential family home in a historic part of Edinburgh.
What the listing says: "Spectacular top floor three-bedroom apartment within an original late Victorian building in an elevated position adjacent to the heart of the historical Old Town, featuring panoramic views of the city skyline including an uninterrupted vista of Edinburgh Castle to the rear, whilst to the front, views of the university buildings, law courts and George IV Bridge capture a moment in the history of the area."
More information is available here.
Stockbridge
Clarence Street, £425,000
Type of property: Flat
Number of bathrooms: 2
While Stockbridge has a reputation for being one of the most expensive parts of the city, this flat isn't the priciest property here — though as £425,000 is hardly cheap. The top-floor home comes with beautifully designed interior decor, ample storage, and a private secure underground parking space.
What the listing says: "A beautifully presented three bedroom, top level apartment offering excellent accommodation and a secure private parking space. The property benefits from a superb located in the cosmopolitan area of Stockbridge, within Edinburgh’s sought after historic New Town."
More information is available here.
