Spring Valley Village renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Spring Valley Village is about $1,018 per month. This puts it in the 72nd percentile compared to the state average cost of rent, which is $1,261. Households in Spring Valley Village have a median income of $10,073 per month so the average renter in Spring Valley Village is spending roughly 10% of their earnings on housing.
Nationally, and in Spring Valley Village, home values are the data point most closely correlated with the cost of rent. The median price of a home in Spring Valley Village is $579,190 right now, which is lower than nearby cities, meaning that rents in Spring Valley Village also tend to be lower versus these nearby cities.
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