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Valley, NE Homes for Rent

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  • /8

    $1,750 Per Month

    • 3 Beds
    • 1 Bath
    • Condo for Rent

    302 S Mayne St, Valley, NE 68064

    Property Id: 2866652 Welcome to your new home at 302 S Mayne St in Valley, NE! This single unit property boasts freshly painted and updated bathroom. Enjoy the convenience of on-site laundry and vaulted ceilings. Close to town while able to live the small town lifestyle. Pet-friendly for small and large dogs. Most Utilities included. Don't miss out on this gem!

    302 S Mayne St, Valley, NE 68064
  • /31

    $3,200 Per Month

    • 4 Beds
    • 3 Baths
    • 3,182 Sq Ft
    • House for Rent

    801 S East St, Valley, NE 68064

    Beautifully updated 4-bedroom multi-level home in Valley. This move-in-ready property features a stunning kitchen with granite countertops, perfect for everyday living and entertaining. Enjoy an oversized family room with durable luxury vinyl plant flooring, stylish shiplap accent wall adds warmth & a focal point to the fireplace. Major updates include completely redone electrical, offering peace

    Donnie Welsh NP Dodge RE Sales Inc 86Dodge

    801 S East St, Valley, NE 68064

Why Live in Valley

Valley, Nebraska, is a small city bordered by the Platte River. Luxury waterfront properties and small-town living define daily life. Valley offers a quieter lifestyle with less traffic and lower property taxes than Omaha, which is about 30 miles away. The city features a mix of midcentury ranch-style homes and New Traditional houses, many with lake access. Beyond the lakes, Valley City Park is a popular spot with a swimming pool, sports facilities and picnic areas. Boating and fishing are available at Platte River Landing Park. Valley also hosts community events like the Quasar Drive-In Theater's summer film series and the Valley Days celebration in August. Dining options include The Cottage Cup for coffee and pastries, Spruce Street Tavern for pub fare, Con Amor Latin Kitchen and Gambino's Pizza. For upscale dining, Salted Edge in nearby Waterloo offers lakeside views. Valley is served by Douglas County West schools, which have high ratings. Essential services are accessible, with Methodist Women’s Hospital and CHI Lakeside within 10 to 15 miles. U.S. Route 275 connects Valley to Omaha and Fremont, making for convenient commutes.

Frequently Asked Questions

How much does it cost to rent a home in Valley, NE?
The median rent for a home in Valley, NE is $2,475 per month, though prices vary by neighborhood, size, and property type. As of September 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Valley, NE?
To comfortably afford the median rent in Valley, NE, a household needs to earn roughly $99,000 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 $2,475 per month in Valley, NE, renters typically need to show $7,425 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, NE?
In Valley, NE, the price-to-rent ratio is 27.4, 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.
What neighborhoods in Valley, NE are best for renting a home?
The best neighborhood for renting in Valley, NE depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include South Elkhorn, Arbor Oaks and Southwest Omaha, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$2,475
Median Single Family Home Rent
$2,000
How to Rent a Home