States › Alabama › Valley

Is Valley, AL expensive to live in?

OKRent takes 22 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,00243% lower than U.S. average
💵 Families earn per year (2026)$55,716about $4,643/month · 36% lower than U.S. average
🔑 House price$140,80058% lower than U.S. average

Rent is lower than in 88% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.

How much money do I need?

To rent here comfortably, you should earn about $40,080 a year. That is $19 an hour at a full-time job.

Is rent cheaper than other Alabama cities?

Yes. Rent here is cheaper than in most of Alabama. It is number 41 of 120 cities from cheapest to most expensive.

Valley
$1,002
Clay
$2,357
Rainbow City
$1,172
Pike Road
$1,739
Spanish Fort
$1,468
Saks
$945
Russellville
$721

How much do households earn in Valley?

Under $25k
22.8%
$25k–50k
31.1%
$50k–100k
26.0%
$100k–150k
11.9%
$150k+
2.7%

Share of households by yearly income. 14.5% of households earn $100,000 or more.

Rent by apartment size in Valley

SizeValleyU.S. average
2 bedrooms$1,013$1,509
3 bedrooms$1,310$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Valley overall?

Everyday prices in Alabama overall are 11% below the U.S. average (index 88.8, U.S. = 100).

Housing
62
Goods (food, clothes…)
96
Utilities
85
Other services
97
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Valley, so the Alabama figure is shown.

Taxes and bills in Valley

🏛️ Property tax$509a year · 0.36% of home value · U.S. $3,119
⚡ Electric bill$220a month (typical) · U.S. $156

Life in Valley

Commute to work21.5 minU.S.: 26.4 min
College degree17.1%U.S.: 35.7%
Own their home67.5%U.S.: 65.2%
Below poverty line14.9%U.S.: 12.5%
Unemployment3.5%U.S.: 5.2%

Is it cheaper to rent or buy in Valley?

About the same. Renting and owning cost within $25 of each other each month.

Renting
$1,002
Owning
$977

Owning assumes a typical $140,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $14,080 for the down payment.

Frequently asked questions

What is the average rent in Valley, AL?

Renting in Valley costs a median of about $1,002 a month in 2026, including utilities. The Alabama median is $1,175.

How much do I need to make to live in Valley?

To keep rent under 30% of income, you need about $40,080 a year, or $19 an hour at a full-time job.

Is Valley cheap or expensive?

Valley is rated OK: rent takes 21.6% of the typical household income of $55,716. It ranks 41st cheapest of 120 Alabama cities we track.

How much are property taxes in Valley?

The median homeowner in Valley pays $509 a year in property taxes, about 0.36% of the median home value.

Is Valley more expensive than the national average?

Overall prices in Alabama are 11% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Valley?

The median home value in Valley is $140,800, about 2.5 times the typical yearly household income.

10,277 people live in Valley. Numbers are typical (middle) values.