Affordable & Income-Based Housing in Golden Valley

Affordability

The median asking rent in Golden Valley is $1,785 per month and the median household income is $108,772 per year, according to Census ACS 5-Year data (2024). About 29% of residents rent their homes, meaning income-restricted housing can be a meaningful option for renters in this market.

Safety

According to FBI Crime Data Explorer, the Golden Valley Police Department reported a violent crime rate of 67 per 100,000 residents in 2024. Note that crime rates are not directly comparable across cities due to differences in reporting practices and local definitions.

All 7 HUD-assisted properties in Golden Valley have been mapped for flood risk, and none are located in a high-risk flood zone.

Getting Around Golden Valley

According to Walk Score, the area around assisted properties in Golden Valley rates 32 (Car-Dependent) for walkability, 33 (Some Transit) for transit, and 37 for bikeability. Most residents will find a personal vehicle helpful for daily errands.

Schools

According to NCES Common Core of Data, 11 schools across 4 districts serve Golden Valley, including 5 elementary, 1 middle, 4 high schools, and 1 other. Ratings vary by school and district, so renters should check the assigned schools for a specific address.

Cost of Living in Golden Valley

The median household income in Golden Valley is $108,772 per year, according to Census ACS 5-Year data. The median market rent is $1,785 per month, according to the same source, which helps illustrate how income-restricted housing in the city can offer meaningful savings for eligible renters.

• Median household income: $108,772/year (Census ACS 5-Year)
• Median market rent: $1,785/month (Census ACS 5-Year)
• Share of renter households: 29% (Census ACS 5-Year)

Golden Valley has 7 income-restricted properties with 450 total units available through HUD-assisted and other affordable housing programs. These subsidized units are typically priced well below the local market rate, making them a significant resource for cost-burdened renters.

Environmental Exposure

All 7 HUD-assisted properties in Golden Valley have been mapped for flood risk, and none fall within a high-risk flood zone. Flood exposure for assisted housing in this city is low based on available data.