$1,025 Per Month
- 2 Beds
- 1 Bath
- 705 Sq Ft
- Condo for Rent
545 4th Ave SW Unit 1, Valley City, ND 58072
Frequently Asked Questions
How much does it cost to rent a home in Valley City, ND?
The median rent for a home in Valley City, ND is $947 per month, though prices vary by neighborhood, size, and property type. As of May 2026, single-family homes tend to be the most affordable option while condos and townhouses are currently more expensive.
How much do you need to make to afford rent in Valley City, ND?
To comfortably afford the median rent in Valley City, ND, a household needs to earn roughly $37,880 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $947 per month in Valley City, ND, renters typically need to show $2,841 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Valley City, ND?
In Valley City, ND, the price-to-rent ratio is 16.7, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
