salaryRent is higher than in 63% of U.S. cities. A typical house costs about 5.4 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $75,560 a year. That is $36 an hour at a full-time job.
Is rent cheaper than other Nevada cities?
No. Rent here is more expensive than in most of Nevada. It is number 23 of 34 cities from cheapest to most expensive.
Compare Spring Valley with other big cities
Compare Spring Valley to 149 other cities →
How much do households earn in Spring Valley?
Share of households by yearly income. 26.1% of households earn $100,000 or more.
Rent by apartment size in Spring Valley
| Size | Spring Valley | U.S. average |
|---|---|---|
| Studio | $1,541 | $1,338 |
| 1 bedroom | $1,567 | $1,324 |
| 2 bedrooms | $1,783 | $1,509 |
| 3 bedrooms | $2,082 | $1,698 |
| 4 bedrooms | $2,445 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Spring Valley overall?
Everyday prices in Nevada overall are same as the U.S. average (index 100.0, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Spring Valley, so the Nevada figure is shown.
Taxes and bills in Spring Valley
Life in Spring Valley
Is it cheaper to rent or buy in Spring Valley?
Renting is cheaper right now: about $1,121 a month less.
Owning assumes a typical $433,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $43,380 for the down payment.
Frequently asked questions
What is the average rent in Spring Valley, NV?
Renting in Spring Valley costs a median of about $1,889 a month in 2026, including utilities. The Nevada median is $1,742.
How much do I need to make to live in Spring Valley?
To keep rent under 30% of income, you need about $75,560 a year, or $36 an hour at a full-time job.
Is Spring Valley cheap or expensive?
Spring Valley is rated OK: rent takes 28.2% of the typical household income of $80,360. It ranks 23rd cheapest of 34 Nevada cities we track.
How much are property taxes in Spring Valley?
The median homeowner in Spring Valley pays $2,149 a year in property taxes, about 0.50% of the median home value.
Is Spring Valley more expensive than the national average?
Overall prices in Nevada are same as the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Spring Valley?
The median home value in Spring Valley is $433,800, about 5.4 times the typical yearly household income.
219,187 people live in Spring Valley. Numbers are typical (middle) values.