5 Places to Live Like the Wealthy for Less

Wealthy: San Francisco's Presidio Heights

Cheaper: Western Addition

So you've heard all about San Francisco and would love a place near a lot of parkland with a really great view of the water and Golden Gate Bridge? OK, that'll be $2.8 million, please.

Presidio Heights and "cheap" almost never appear in the same sentence. With a plot adjacent to the sprawling Presidio of San Francisco National Park and the former military installation's fields, historic architecture and views, Presidio Heights is easily the most expensive neighborhood in the city.

The adjacent Marina and Pacific Heights neighborhoods are similarly sought after and sport $1.16 million and $1.05 million median home prices, respectively. There is, however, a neighborhood south of California Street and east of Presidio Avenue that lets its residents live close by for roughly 20% of the cost.

Western Addition is home to two of the city's hospitals, the city's University of California campus, Japantown, the Fillmore district and a number of parks, but is just five blocks away from the Presidio at its closest point and even closer to Presidio and Laurel heights' shops, restaurants, specialty grocers and coffee bars along Sacramento and California streets.

That's if homeowners want them. Western Addition's jazz clubs, farmers markets, Fillmore Auditorium and restaurants like Yoshi's do just fine for themselves without bankrupting the surrounding gentry. This all still needs a bit of perspective, as Western Addition's $576,700 median price tag on homes is on the lower end of San Francisco's offerings, but would easily make it the most expensive neighborhood in Chicago.