This study explores the intergenerational transmission of neighborhoods for the 1981 cohort of the Swedish population, focusing on the impact of parental neighborhoods on the neighborhood outcomes of young adults. Using Swedish register-based longitudinal data, the research traces the life courses of parents and their children through their neighborhood trajectories. The findings reveal that despite an overall low rate of immobility, there is a noticeable similarity in neighborhoods across generations. Residential mobility from parental neighborhoods often occurs within adjacent neighborhood poverty rankings. However, non-European migrants exhibit higher rates of neighborhood immobility and lower upward mobility compared to their European and Swedish counterparts, highlighting the influence of migrant background. Moreover, higher parental socioeconomic status mitigates the negative effects of growing up in disadvantaged neighborhoods, whereas reliance on social benefits exacerbates these effects, particularly for individuals with non-European backgrounds. Thus, despite a general trend of residential mobility, the combined impact of economic vulnerability and migrant background continues to contribute to socioeconomic residential segregation in Sweden.