The Most Affordable Neighborhoods in Ephraim, UT by Home Value

 

Ephraim, UT Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Ephraim area can be challenging. Home prices in Ephraim are now at a median cost of $284,531, lower than the Utah average of $361,191.

The average cost of rent is $828/mo in Ephraim, primarily driven by the current value of real estate in the Ephraim area. While nearly 30.78% of residents own their homes outright in Ephraim, 38.15% rent.

Housing affordability isn’t just about home prices, though. The average household income in Ephraim is $5,876 per month. Households that rent pay about 14.09% of their income on rent here. Ephraim's most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.


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