salaryRent is higher than in 50% of U.S. cities. Household incomes are higher than in 91% of U.S. cities. A typical house costs about 4.2 years of household income. Commutes are long, about 41.2 minutes each way. Most homes (84.6%) are owned, so rentals can be hard to find. It is a highly educated city: 56.1% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $66,320 a year. That is $32 an hour at a full-time job.
Is rent cheaper than other New York cities?
Yes. Rent here is cheaper than in most of New York. It is number 110 of 343 cities from cheapest to most expensive.
How much do households earn in South Valley Stream?
Share of households by yearly income. 65.6% of households earn $100,000 or more.
Rent by apartment size in South Valley Stream
| Size | South Valley Stream | U.S. average |
|---|---|---|
| Studio | $1,579 | $1,338 |
| 2 bedrooms | $2,445 | $1,509 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is South Valley Stream overall?
Everyday prices in New York overall are 8% above the U.S. average (index 107.9, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for South Valley Stream, so the New York figure is shown.
Taxes and bills in South Valley Stream
Life in South Valley Stream
Is it cheaper to rent or buy in South Valley Stream?
Renting is cheaper right now: about $2,899 a month less.
Owning assumes a typical $656,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $65,680 for the down payment.
Frequently asked questions
What is the average rent in South Valley Stream, NY?
Renting in South Valley Stream costs a median of about $1,658 a month in 2026, including utilities. The New York median is $2,177.
How much do I need to make to live in South Valley Stream?
To keep rent under 30% of income, you need about $66,320 a year, or $32 an hour at a full-time job.
Is South Valley Stream cheap or expensive?
South Valley Stream is rated Cheap: rent takes 12.7% of the typical household income of $156,383. It ranks 110th cheapest of 343 New York cities we track.
How much are property taxes in South Valley Stream?
The median homeowner in South Valley Stream pays $10,000+ a year in property taxes, about 1.52% of the median home value.
Is South Valley Stream more expensive than the national average?
Overall prices in New York are 8% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in South Valley Stream?
The median home value in South Valley Stream is $656,800, about 4.2 times the typical yearly household income.
6,512 people live in South Valley Stream. Numbers are typical (middle) values.