| Official Name: | Valay |
| Native Name: | Валай |
| Native Name Lang: | ru |
| Settlement Type: | Settlement |
| Pushpin Map: | Russia Perm Krai#Russia |
| Subdivision Type: | Country |
| Subdivision Name: | Russia |
| Subdivision Type1: | Region |
| Subdivision Name1: | Perm Krai |
| Subdivision Type2: | County |
| Subdivision Type3: | District |
| Subdivision Name3: | Cherdynsky District |
| Subdivision Type4: | Municipality |
| Utc Offset1: | +5:00 |
| Coordinates: | 60.8167°N 87°W[1] |
Valay (Russian: links=no|Валай) is a rural locality (a settlement) in Cherdynsky District, Perm Krai, Russia. The population was 1,093 as of 2010.[2] There are 7 streets.
Valay is located 100 km northeast of Cherdyn (the district's administrative centre) by road. Vizhay is the nearest rural locality.[3]