Rent here is among the lowest 10% of all U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 15.8 minutes.
How much money do I need?
To rent here comfortably, you should earn about $35,840 a year. That is $17 an hour at a full-time job.
Is rent cheaper than other North Dakota cities?
Yes. Rent here is cheaper than in most of North Dakota. It is number 3 of 13 cities from cheapest to most expensive.
How much do households earn in Valley City?
Share of households by yearly income. 21.3% of households earn $100,000 or more.
Rent by apartment size in Valley City
| Size | Valley City | U.S. average |
|---|---|---|
| 1 bedroom | $550 | $1,324 |
| 2 bedrooms | $1,024 | $1,509 |
| 3 bedrooms | $943 | $1,698 |
| 4 bedrooms | $860 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Valley City overall?
Everyday prices in North Dakota overall are 11% below the U.S. average (index 89.0, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Valley City, so the North Dakota figure is shown.
Taxes and bills in Valley City
Life in Valley City
Is it cheaper to rent or buy in Valley City?
Renting is cheaper right now: about $229 a month less.
Owning assumes a typical $162,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $16,220 for the down payment.
Frequently asked questions
What is the average rent in Valley City, ND?
Renting in Valley City costs a median of about $896 a month in 2026, including utilities. The North Dakota median is $1,115.
How much do I need to make to live in Valley City?
To keep rent under 30% of income, you need about $35,840 a year, or $17 an hour at a full-time job.
Is Valley City cheap or expensive?
Valley City is rated Cheap: rent takes 16.5% of the typical household income of $65,076. It ranks 3rd cheapest of 13 North Dakota cities we track.
How much are property taxes in Valley City?
The median homeowner in Valley City pays $2,027 a year in property taxes, about 1.25% of the median home value.
Is Valley City more expensive than the national average?
Overall prices in North Dakota are 11% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Valley City?
The median home value in Valley City is $162,200, about 2.5 times the typical yearly household income.
6,541 people live in Valley City. Numbers are typical (middle) values.