Spring Valley, New York Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Spring Valley, New York rental market.

Spring Valley, New York

Average Apartment Rent

$2,384

Y-o-Y Change in Average
Apartment Rent

7.1%

As of March 2026

Compared to a year ago, Spring Valley, New York apartments have recorded a 7.1% rent increase.

Spring Valley, New York Average apartment rent trend

Median Rent Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Spring Valley $2,031 $2,100 $2,141 $2,107 $2,225 $2,247 $2,299 $2,384
National $1,728 $1,734 $1,755 $1,747 $1,753 $1,767 $1,752 $1,750
Spring Valley
National
Nov 2023
$2,031
$1,728
Mar 2024
$2,100
$1,734
Jul 2024
$2,141
$1,755
Nov 2024
$2,107
$1,747
Mar 2025
$2,225
$1,753
Jul 2025
$2,247
$1,767
Nov 2025
$2,299
$1,752
Mar 2026
$2,384
$1,750

Spring Valley, New York Average Apartment Rent

Spring Valley, New York Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 55.66%, apartments priced $2,000 - $2,500 represent the bulk of Spring Valley, New York rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 14.15%.

Spring Valley, New York Housing tenure**

Renter occupied housing units 7,108
Owner occupied housing units 2,419

Renters take up 75% of Spring Valley, New York real estate, occupying a total of 7,108 units, while homeowners live in 2,419 properties.

Median number of rooms of renter-occupied housing units**

3.8

Renter median household income**

$46,291

Average household size of renter-occupied housing units**

3.25

Rental vacancy rate**

2.1%

Spring Valley, New York Renter-occupied housing units by no. of bedrooms**

No bedrooms 336
1 bed 2,504
2 beds 2,629
3 beds 920
4 beds 345
5 or more beds 374

There are 2,629 rentals in Spring Valley, New York with 2 beds making up the highest share of the market, at 37%. Units with No bedrooms, on the other hand, hold the lowest percentage (5%), amounting to 336 units. Overall, the median number of rooms in Spring Valley, New York homes for rent is 3.8.

Spring Valley, New York Renter-occupied units by age of householder**

15 - 24 years 189
25 - 34 years 1,169
35 - 44 years 1,641
45 - 54 years 1,262
55 - 59 years 694
60 - 64 years 682
65 - 74 years 1,015
75 - 84 years 387
85 years and over 69

Most condos for rent in Spring Valley, New York are occupied by residents in the 35 - 44 years age group (23%), followed by those in the 45 - 54 years age group (18%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.

Spring Valley, New York Renter-occupied housing units by family type**

Family households 5,283
Non-Family Households 1,825

Spring Valley, New York Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 3,710
No related children of the householder under 18 3,398

A total of 5,283 apartments for rent in Spring Valley, New York, or 74% of all rentals are family households. Additionally, 52% of rental homes include children under the age of 18 – that’s 3,710 units. All in all, the median size of a renter-occupied household in Spring Valley, New York is 3.25.

Spring Valley, New York Renter-occupied housing units by educational attainment**

Less than high school graduate 1,536
High school graduate (including equivalency) 2,044
Some college or associate's degree 2,151
Bachelor's degree or higher 1,377

In terms of education, renters holding bachelor degrees or higher make up 19% of the rental market. In contrast, residents with less than a high school degree reside in 22% of the homes for rent in Spring Valley, New York.

Spring Valley, New York Renter-occupied units by year structure built**

Built 2010 - 2019 687
Built 2000 - 2009 287
Built 1990 - 1999 214
Built 1980 - 1989 550
Built 1970 - 1979 1,854
Built 1960 - 1969 2,265
Built 1950 - 1959 518
Built 1940 - 1949 89
Built 1939 or earlier 620

The highest share of Spring Valley, New York apartment rentals, namely 32% or 2,265 units, were Built 1960 - 1969, followed by those Built 1970 - 1979 (26%, 1,854 units), and the ones Built 2010 - 2019 (10%, 687 units).

Spring Valley, New York Renter-occupied units by year householder moved in**

Moved in 2021 or later 219
Moved in 2018 to 2020 1,631
Moved in 2010 to 2017 2,955
Moved in 2000 to 2009 1,523
Moved in 1990 to 1999 500
Moved in 1989 or earlier 280

Median year renter moved into unit 2013

Most Spring Valley, New York renters (42%) moved in 2010 to 2017, while only 3% of them moved in 2021 or later. Overall, the median year renters have occupied their Spring Valley, New York condos for rent is 2013.

Spring Valley, New York Renter-occupied housing units by vehicles available**

No vehicle available 1,573
1 vehicle available 3,326
2 vehicles available 1,707
3 vehicles available 409
4 or more vehicles available 93

When it comes to transportation options, 47% of Spring Valley, New York renters have 1 vehicle available per household, 24% of them have 2 vehicles available, and 22% have No vehicle available.

Spring Valley, New York Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 5,416
Car, truck, or van - carpooled 1,637
Public transportation (excluding taxicab) 827
Walked 383
Taxicab, motorcycle, bicycle, or other means 710
Worked at home 586

Spring Valley, New York Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 19,428
Moved within same county 1,304
Moved from different county within same state 1,182
Moved from different state 126
Moved from abroad 347

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Spring Valley, New York apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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