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These days, finding an affordable place to live in the Spring Valley area can be challenging. Home prices in Spring Valley are now at a median cost of $615,109, higher than the New York average of $610,895.
The average cost of rent is $1,932/mo in Spring Valley, primarily driven by the current value of real estate in the Spring Valley area. In Spring Valley, 64.57% of households rent, and 33.48% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Spring Valley is $6,413 per month. Households that rent pay about 30.13% of their income on rent here. Spring Valley’s most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Kaser, NY: higher priced homes
- Monsey, NY: higher priced homes
- New Square, NY: higher priced homes
- New Hempstead, NY: higher priced homes
- Nanuet, NY: less expensive homes
- Chestnut Ridge, NY: higher priced homes
- Airmont, NY: higher priced homes
- Wesley Hills, NY: higher priced homes
- New City, NY: equally priced homes
- Montebello, NY: higher priced homes
Cities with Similar Populations
- Glendora, CA: higher priced homes
- Beaumont, CA: less expensive homes
- Findlay, OH: less expensive homes
- Morgan Hill, CA: higher priced homes
- Evans, GA: less expensive homes
- Encinitas, CA: higher priced homes
- Lincoln, CA: equally priced homes
- Edina, MN: higher priced homes
- Sevierville, TN: less expensive homes
- Ocoee, FL: less expensive homes
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