States › North Dakota › Valley City

Is Valley City, ND expensive to live in?

CheapRent takes 17 cents of every $1 people earn here.
🏠 Rent per month (2026)$89649% lower than U.S. average
💵 Families earn per year (2026)$65,076about $5,423/month · 25% lower than U.S. average
🔑 House price$162,20051% lower than U.S. average

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.

Valley City
$896
$1,140
$1,096

How much do households earn in Valley City?

Under $25k
20.5%
$25k–50k
20.9%
$50k–100k
30.4%
$100k–150k
16.9%
$150k+
4.5%

Share of households by yearly income. 21.3% of households earn $100,000 or more.

Rent by apartment size in Valley City

SizeValley CityU.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).

Housing
71
Goods (food, clothes…)
96
Utilities
74
Other services
91
U.S. average
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

🏛️ Property tax$2,027a year · 1.25% of home value · U.S. $3,119
⚡ Electric bill$137a month (typical) · U.S. $156

Life in Valley City

Commute to work15.8 minU.S.: 26.4 min
College degree31.4%U.S.: 35.7%
Own their home55.5%U.S.: 65.2%
Below poverty line16.7%U.S.: 12.5%
Unemployment4.9%U.S.: 5.2%

Is it cheaper to rent or buy in Valley City?

Renting is cheaper right now: about $229 a month less.

Renting
$896
Owning
$1,125

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.