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  1. Hardware
  2. Handhelds

The cheapest Steam Deck is heading into retirement, and I'm already worried about handheld prices in 2026

News
By Phil Hayton
Published 22 December 2025

Good night, my sweet portable prince.

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Steam Deck LCD on woodgrain table with sad face on screen.
(Image credit: Phil Hayton)
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The Steam Deck LCD model's days are now numbered, as Valve has discontinued the handheld that started it all. The good news is that the portable PC plug isn't being immediately pulled, but with the storefront giant now "no longer producing" the 256GB version, I suspect it won't be around for long in the new year.

In a note added to the Steam Deck landing page, Valve says it is "no longer producing the Steam Deck LCD 256GB model. Once sold out, it will no longer be available." While you could argue it's been a long time coming since it entered the best gaming handheld ring back in 2022, it's still the portable I point most players towards thanks to its approachable $399 / £349 price tag.

As much as I love the Steam Deck OLED, its $549 / $479 MSRP means it'll now cost you a chunk more to pick up one of Valve's portables. Yes, this isn't the first time Valve has discontinued a handheld, as it gave its original 64GB model the chop back in 2023, but that move didn't increase how much you'll pay in real terms since the 265GB LCD model adopted its launch price.

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Steam Deck storefront with LCD and OLED models with message regarding discontinuation of former highlighted in red box.

(Image credit: Valve)

I don't want to be a Debbie Downer, but the Steam Deck's LCD is one of the few handhelds available for under $400. When it heads into retirement, you'll be fully relying on sales to get either the OLED version of rivals like the white ROG Xbox Ally for the same price, and the fact that the Asus ROG Ally is also discontinued means there aren't very many options that aren't $1,000.

Look, some of you will be gunning to boost fps as far as possible on something like the ROG Xbox Ally X and have the cash to splash. I'm also pretty sure that most players looking at handhelds in the $400 price range will end up with a Nintendo Switch 2, as while its access to third-party biggies isn't a given, it has proven its worth as a 1080p option for playing even the likes of Cyberpunk 2077 (albeit with some AI upscaling assistance), and its 4K docking abilities make the struggles of portable PCs look a little silly.

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  • Steam Deck LCD on woodgrain table with sad face on screen. After just four years, Valve is seemingly discontinuing Steam Deck LCD parts
  • Hand holding Lenovo Legion Go S with Cyberpunk 2077 gameplay on screen featuring red sports car on road. Handheld prices are still soaring, but at least the Lenovo Legion Go S is now cheaper than Steam Deck
  • Phil Hayton holding Steam Deck with sad text face on screen. Steam Deck sales are seemingly down an estimated 82% - Bear with me while I put on my surprised face

That said, I do think we're sailing into choppy waters with the art of price-appropriate handheld gaming PCs. The Steam Deck OLED is still good value, and there's still a chance Valve could discount it in the future. But, I suspect that $400 is becoming an impossible price point to maintain in an unforgiving world of absurd US tariffs and an AI industry that's sending component prices like RAM to the stars.

Let's just say that in 2026, I'll be holding out for a budget-friendly handheld hero. Perhaps Valve will rescue me from my tower once the Steam Machine is officially out next year, but since we haven't even got a price for the mini PC, I'm not getting my hopes up.

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  • More gaming handhelds at Best Buy
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Already got Valve's portable? Swing by the best Steam Deck accessories and best Steam Deck docks for excellent add-ons. You'll also want to peek at the best retro handhelds for great ways to play the classics.

Phil Hayton
Phil Hayton
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Hardware Editor

Phil is the Hardware Editor at GamesRadar+ who specializes in retro console setups, choosing the latest gaming handhelds, and navigating the choppy seas of using modern-day PC hardware. In the past, they have covered everything from retro gaming history to the latest gaming news, in-depth features, and tech advice for publications like TechRadar, The Daily Star, the BBC, PCGamesN, and Den of Geek. In their spare time, they pour hours into fixing old consoles, modding Game Boys, exploring ways to get the most out of the Steam Deck, and blasting old CRT TV visuals into their eye sockets.

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