Valve wants you to pay up to $300 more for the nearly three-year-old Steam Deck OLED

• The Steam Deck OLED is back in stock, but at prices up to $300 higher than before.
• The 512GB Steam Deck OLED now costs $789, while the 1TB configuration will run you $949.
• The hikes might cast a grim outlook for Steam Machine and Steam Frame pricing later this year.

High demand for memory and storage is leading to higher component prices across the board, and consumers have felt the effects those rising costs throughout the start of 2026. Earlier this year, the Steam Deck OLED went out of stock at its then-current prices of $549 for the 512GB model and $649 for the 1TB variant. The original Steam Deck LCD sold out for good, as Valve confirmed the 256GB model was no longer in production. Now, the Steam Deck OLED is back in stock, but its return comes with a price tag you probably can’t afford.

The Steam Deck OLED is available to ship in three to five days from the Steam Store, albeit at a much higher price than before. Retail prices for the Steam Deck OLED are $240 or $300 higher, based on the configuration. The 512GB Steam Deck OLED now costs $789, up from $549. The 1TB Steam Deck OLED sees an even higher price jump, as the handheld now retails for $949, up from $649.