Valiant: A Modern Tale of Faerie, is a young adult urban fantasy novel by Holly Black.

[2] Valiant is a sequel to Black's debut novel Tithe (2002), and the second in a trilogy that is sometimes called [A] Modern Tale of Faerie (2002–2007).

[5] Valerie Russell, a high school student, discovers that her single mother and her boyfriend, Tom, are having an affair.

Val runs away to New York City and meets up with a group of teen-squatters, including Lolli (as in lollipop), Dave, and Luis.

Val earns the nickname "Prince Valiant" after she helps a drag queen locate her shoe.

She soon learns about the group's contact with a troll, Ravus, who lives beneath a bridge, as in the fairy tale "Three Billy Goats Gruff".

They discover that Dave has been impersonating Luis, uncontrollably high off Never he got from Mabry after putting poison in Ravus' potions for her.

Ruth rushes him to the hospital as Lolli runs off, and the real Luis and Val search for Ravus so he can cure Dave.

Val is happy her life is back to normal, with the exception of having a faerie for a boyfriend and never being able to introduce him to her mother.