Valve prices the Steam Machine at $1,049

After months of waiting, Valve has finally announced that the Steam Machine, its new living room-friendly PC, will start at $1,049 and go on sale beginning June 29th.

You can now register your interest to buy a Steam Machine as part of a reservation system. To offer a fair playing field for people who want to buy one, Valve will randomize everyone in the queue on Thursday at 1PM ET. After that, anyone who registers their interest will be added to the end of the waitlist. The first emails giving people the opportunity to buy will go out on June 29th.

Valve will sell four configurations of the Steam Machine:

The 2TB configurations will also come with two swappable faceplates, “red fabric” and “solid walnut,” in addition to the standard black one.

The Steam Machine is considerably more expensive than the consoles it’s arguably competing with: A digital PS5 costs $599.99, an Xbox Series X costs $649.99, and a PS5 Pro costs $899.99. (And that’s after they all got price hikes.) The Steam Machine also isn’t meaningfully improved over those options; based on my colleague Sean Hollister’s review, the Steam Machine’s performance is roughly equivalent to that of a PS5, but nearly six years after the PS5 first launched.

However, the value proposition for the Steam Machine is that it can play your library of Steam games you may have accumulated over years (or even decades), rather than just PlayStation games, and it’s also a full Linux PC that you can customize to your heart’s content. Valve also says that it’s selling the Steam Machine for the cost of its components alone instead of subsidizing the price.

The price of the Steam Machine has been one of the biggest questions about the new hardware since it was announced. Valve let us spend hours with the Steam Machine, the new Steam Controller, and the Steam Frame VR headset in late 2025, and we walked away impressed. At the time of that hands-on, Valve said that it would start shipping the new gadgets in early 2026. But in February, the company announced that the ongoing memory and storage crunch had forced it to revisit its pricing and shipping plans. And in March, Valve said in a blog post that it would be “shipping all three products this year.”

Valve still hasn’t shared specific pricing or release details for the Steam Frame.