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City · 33,192 residents · Rockland County, New York

Spring Valley , New York

In Spring Valley, a typical home is worth $381,800 and typical rent is $1,695 a month. Compared with all of Rockland County, typical household income is 48% lower, the typical home value is 36% lower, and the share of households that own their home is 43 points lower.

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  • Typical home value

    $381,800

    36% below the county

    10% below New York

    • Spring Valley
    • Rockland
    • New York

  • Typical rent

    $1,695a month

    11% below the county

    5% above New York

    • Spring Valley
    • Rockland
    • New York

  • Typical household income

    $57,196a year

    48% below the county

    33% below New York

    • Spring Valley
    • Rockland
    • New York

  • Households that own their home

    25%

    43 points below the county

    29 points below New York

    • Spring Valley
    • Rockland
    • New York

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$887,180
4.4% more than 12 months ago

From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).

Spring Valley is in Rockland County. The FHA loan limit ($1,249,125 for a one-unit home), the fair market rents and the help on this page are those of all of Rockland County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Spring Valley apart

What this place has that others do not, from public data, most unusual first.

  1. 25% of households in Spring Valley own their home, against 68% in Rockland County.

  2. The typical household income in Spring Valley is $57,196, 48% less than in Rockland County as a whole ($109,959).

  3. The typical home in Spring Valley is worth $381,800, 36% less than in Rockland County as a whole ($596,900).

  4. Nearby, in Kaser, the typical rent is $1,341: 21% less than in Spring Valley ($1,695).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Spring Valley

What homes there are in Spring Valley, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

Many people here live in apartments: 6 in 10 homes; in Rockland County, 2.

Year built

The typical year built in Spring Valley is 1972, about the same as in Rockland County (1971).

Homes in Spring Valley are smaller: 34% have 3 bedrooms or more; in Rockland County, 67%.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes

With an FHA limit of $1,249,125, at least 82% of owner-occupied homes in Spring Valley sit below it: they are worth less than $1,000,000.

Monthly rent with utilities

With a mortgage

$2,947 a month

Rockland County: $3,641 a month

Without a mortgage

$939 a month

Rockland County: $1,500 or more a month

Owners with a mortgage

68%

Rockland County: 63%

The typical cost for an owner with a mortgage in Spring Valley is $2,947 a month, less than in Rockland County ($3,641); without one, $939.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

The typical home value in Spring Valley rose 29% since 2015–2019, less than in Rockland County (35%).

Much as in Rockland County, the typical rent in Spring Valley rose 26% since 2015–2019.

To compare: typical income in Spring Valley rose 26%; the home, +29%; the rent, +26%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureSpring ValleyRockland CountyNew YorkUnited States
Rental vacancy Unreliable estimate2.6%3.8%5.5%
Homeowner vacancy Unreliable estimate0.8%1.1%0.9%
More than one person per room 20.6%6.9%5.3%3.4%
People per household 3.633.222.492.53
Drive alone 52%65%49%69%
Carpool 17%10%6%9%
Public transit 13%6%22%3%
Walk or bike Unreliable estimate3%6%3%
Work from home 5%13%15%15%
Other means 11%3%2%2%
Typical commute 20 to 29 minutes20 to 29 minutes20 to 29 minutes20 to 29 minutes

More households are short on space in Spring Valley: 20.6% have more than one person per room; in Rockland County, 6.9%.

Households in Spring Valley are bigger: 3.63 people on average; in Rockland County, 3.22.

More people carpool to work in Spring Valley than in Rockland County: 17% against 10%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Spring Valley?

A typical home costs more than the typical income allows

We start with a typical home in Spring Valley, worth $381,800, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 75% of the typical household income in Spring Valley, which is $57,196 a year. For that payment to be 28% of income, a household would need to earn about $153,984 a year.

The calculator's FHA and conventional loan limits are those of all of Rockland County.

Your numbers

Local data
$

Starts at the typical home value in Spring Valley. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $13,363 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$3,593

at 7.18% · 30 years

Loan amount
$374,885
Total interest
$539,371
Paid off in
November 2056

Includes $6,448 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,335 a month

  • Tight

    $1,335 to $1,716 a month

  • Hard

    more than $1,716 a month

    Your payment · 75%

Compared with the typical household income in Spring Valley ($57,196 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$3,593
Principal & interest$2,540
Property tax$725
Home insurance$159
FHA mortgage insurance (MIP)$169

You need at least $13,363 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Spring Valley and Rockland County

Spring Valley is in Rockland County, New York. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Spring Valley's own numbers

Typical home value
$381,800
Typical monthly rent
$1,695
Typical yearly household income
$57,196
Households that own their home
25%
Effective property tax rate
2.28%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Rockland County

FHA limit, one-unit home
$1,249,125
Conventional limit, one unit
$1,209,750
HUD fair market rent, 2 bedrooms
$2,971
Price change over 5 years (FHFA)
+56%
Homes in a high flood-risk zone
1%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Rockland County.

Everything about Rockland County

Buying

Buying a home in Spring Valley

A typical home in Spring Valley is worth $381,800: 36% below the county and 10% below New York. With the typical household income in Spring Valley ($57,196 a year), a typical home costs 6.7 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Spring Valley 6.7 years
  • Rockland 5.4 years
  • New York 4.9 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Rockland County

According to FHFA’s house price index, home prices in Rockland County rose 83% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Rockland County.

Period County New York U.S.
Last year (2025) +4.8% +6.0% +2.9%
5 years (2020–2025) +56% +52% +47%
10 years (2015–2025) +83% +86% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Spring Valley next to Rockland County, New York and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Spring Valley $381,800
  • Rockland $596,900
  • New York $423,800
  • United States $332,700
Typical monthly rent
  • Spring Valley $1,695
  • Rockland $1,901
  • New York $1,621
  • United States $1,413
Typical yearly household income
  • Spring Valley $57,196
  • Rockland $109,959
  • New York $85,974
  • United States $80,734
See the full table
Spring Valley next to Rockland County and New York
Measure Spring Valley Rockland County New York U.S.
Typical home value $381,800 $596,900 $423,800 $332,700
Typical monthly rent $1,695 $1,901 $1,621 $1,413
Typical yearly household income $57,196 $109,959 $85,974 $80,734
Households that own their home 25% 68% 54% 65%
Typical yearly property tax $8,714 $10,001 $6,582 $3,119
Effective property tax rate 2.28% 1.68% 1.55% 0.94%
Renters with high rent for their income 66% 63% 52% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Rockland County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Spring Valley

For a typical $381,800 home in Spring Valley, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Spring Valley's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $3,593a month

    Least cash to close
    Down payment
    $13,363
    Cash to close
    $24,817
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $169

  • Conventional, 5% down $3,523a month

    Down payment
    $19,090
    Cash to close
    $30,544
    Rate
    7.18%
    Mortgage insurance
    PMI · $181

  • Conventional, 20% down, no PMI $2,954a month

    Down payment
    $76,360
    Cash to close
    $87,814
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $3,307a month

    Down payment
    $57,270
    Cash to close
    $68,724
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Spring Valley and for Rockland County.

Property tax

Effective rate in Spring Valley

2.28%of the home’s value each year

$8,714 a year for the typical owner in Spring Valley.

  • Spring Valley 2.28%
  • Rockland 1.68%
  • New York 1.55%

What New York publishes Basic STAR school tax relief (New York State Department of Taxation and Finance)

Exemptions and deadlines in New York

Flood risk in Rockland County

FEMA does not publish these numbers by city: they are for all of Rockland County.

Homes in the high-risk zone
1%
793
Of those, with NFIP insurance
50%
County New York U.S.
Homes in the high-risk zone 1% 2% 3.5%
Of those, with NFIP insurance 50% 76% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Spring Valley

Typical rent in Spring Valley is $1,695 a month: 11% below the county. In Spring Valley, 66% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Rockland County, by unit size. To pay the 2-bedroom one ($2,971 a month) without spending more than 30% of your income, you would need to earn $57.13 an hour working full time.

HUD fair market rent for all of Rockland County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $2,593 $49.87 $103,720
1 bedroom $2,729 $52.48 $109,160
2 bedrooms $2,971 $57.13 $118,840
3 bedrooms $3,760 $72.31 $150,400
4 bedrooms $4,121 $79.25 $164,840

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Spring Valley

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Spring Valley is in ZIP code 10977.

For 2 bedrooms it is $2,660: $311 less than the fair market rent for Rockland County ($2,971).

  • 10977 $2,660$3,370

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Spring Valley when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Spring Valley

HUD lists 11 buildings with rents for lower incomes in Spring Valley. These are the largest.

  • Lakeview Village & Highview Apts 125 Lakeview Vlg, Spring Valley 10977 220 low-income homes · Studio: 16 · 1 bd: 151 · 2 bd: 32 · 3 bd: 13 · 4 bd: 8 · In service since 2006 · For older adults, families
  • Surrey Carlton Apartments 41 Ewing Ave, Spring Valley 10977 176 homes, 175 low-income · For families
  • Surrey Carlton Apts 5 Slinn Ave, Spring Valley 10977 176 homes, 171 low-income · 1 bd: 32 · 2 bd: 134 · 3 bd: 8 · 4 bd: 2 · In service since 2012
  • Red Schoolhouse Road SNR CTZN HSG 117 Hubert Humphrey Dr, Spring Valley 10977 101 homes, 100 low-income · For older adults
  • Sycamore Crest 15 Summit Ave, Spring Valley 10977 96 low-income homes · 1 bd: 48 · 2 bd: 48 · In service since 2001

See all 51 buildings in Rockland County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Spring Valley

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There is 1 HUD-approved agency with an office in Rockland County; none says it serves in Spanish.

An older woman smiles in front of her apartment building.

HUD counseling is free or low-cost

Assistance programs in Spring Valley

No down payment, repair or rent-help program on our list is for Spring Valley or Rockland County. The ones below are statewide in New York: they work in Spring Valley the same as in the rest of the state.

Which programs do I qualify for? All programs in New York

Housing counselors near Spring Valley

The HUD-approved agencies closest to the center of Spring Valley, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Rockland Housing Action Coalition

    475 Route 304, New City · 3 miles away

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 4 more
    (845) 708-5799

  • Housing Action Council Inc.

    55 S Broadway, Tarrytown · 10 miles away

    • Pre-purchase counseling
    (914) 332-4144

  • Cambridge Credit Counseling Corporation - New York Branch

    245 Saw Mill River Road, Hawthorne · 13 miles away · Spanish

    Also serves in Polish.

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 7 more
    (888) 656-4396

Every agency in Rockland County All counseling agencies in New York

Help in Spanish near Spring Valley

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Spring Valley

HUD’s record names them for Spring Valley or Rockland County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

4 other authorities have an office in Rockland County: see the list Source: HUD

Cities

Other cities in Rockland County

These cities are also in Rockland County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Rockland County Housing in New York
See 10 more cities in Rockland County, with prices and rents

Every city has its own page with prices, rents and help.

Nearby cities

The cities closest to Spring Valley, with the typical home value.

Neighboring counties

If Rockland County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Spring Valley.

All guides
A family walks a boardwalk trail in the forest; one of them uses a wheelchair.

Questions

Housing questions about Spring Valley

Short answers with the numbers for Spring Valley and all of Rockland County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Spring Valley?

The typical home value in Spring Valley is $381,800, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Rockland County it is $596,900.

How much does it cost to rent in Spring Valley?

Typical rent in Spring Valley is $1,695 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Rockland County is $2,971.

What is the FHA loan limit in Spring Valley?

Spring Valley uses the FHA limit for all of Rockland County (2026): $1,249,125 for a one-unit home and $2,402,625 for a four-unit home.

How much property tax do owners pay in Spring Valley?

The typical homeowner in Spring Valley pays $8,714 a year, according to the U.S. Census Bureau. That is 2.28% of the home’s value; in Rockland County, the rate is 1.68%.

Where can I find free help to buy or rent in Spring Valley?

There is 1 HUD-approved counseling agency with an office in Rockland County. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).