Valve has finally put a price on the Steam Machine. After months of leaks and guesswork, the company confirmed the cost of its living room gaming PC on June 22, and reservations are already open. The base model starts at $1,049, a number that has split gamers right down the middle.
If you want one, you cannot just add it to your cart and check out. Valve is using a lottery-style reservation system instead, and the window to join it closes soon.
Steam Machine Price Breakdown
The Steam Machine comes in four configurations. Here is what each one costs:
| Steam Machine Model | Price |
|---|---|
| 512GB | $1,049 USD / £879 GBP / €1,039 EUR / $1,509 CAD / $1,609 AUD / 4,389 PLN |
| 512GB with Controller | $1,128 USD / £938 GBP / €1,108 EUR / $1,628 CAD / $1,728 AUD / 4,698 PLN |
| 2TB | $1,349 USD / £1,149 GBP / €1,359 EUR / $1,919 CAD / $2,109 AUD / 5,739 PLN |
| 2TB with Controller | $1,428 USD / £1,208 GBP / €1,428 EUR / $2,038 CAD / $2,228 AUD / 6,048 PLN |
The Steam Controller adds $79 to either storage tier. Buyers who pick a 2TB model also get two extra faceplates: one in red fabric and one in solid walnut.
Valve says these prices already include VAT where it applies.
Why the Steam Machine Costs This Much
Valve has pointed to rising hardware costs and ongoing component shortages as the reason behind the price tag. The company says it priced the device close to what the components actually cost, rather than selling it cheap and making up the difference through software or subscriptions later, the way traditional consoles often do.
That explanation lines up with what happened to the Steam Deck. According to comments Valve made to IGN, the Steam Machine followed a similar price climb to the Deck, which went up by more than $200 from its original target. Based on that pattern, the Steam Machine was likely meant to start closer to $750 before costs pushed it past $1,000.
Component shortages have also limited how many units Valve can build for launch. That shortage is the direct reason the company dropped a standard first-come, first-served sale in favor of a queue.
How the Reservation System Works
You cannot simply buy a Steam Machine right now. Instead, Valve wants you to join a reservation queue through the official Steam Machine page.
Here is how the process plays out, step by step:
- Sign in with your Steam account and pick the model or bundle you want.
- Accept the terms and join the queue. You can repeat this for multiple models if you are not sure which one you want.
- The registration window closes at 10 AM PT on June 25, 2026.
- Right after that, Valve will randomize every entry into either a reservation queue or a waitlist.
- Starting June 29, 2026, people in the reservation queue will start receiving purchase emails.
Not everyone gets to join. Valve requires a Steam account in good standing with at least one purchase made before April 27, 2026. The company is also limiting sign-ups to one per household, though you can still register for several different models under that single entry.

