
Affordable
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These days, finding an affordable place to live in the Ephrata area can be challenging. Home prices in Ephrata are now at a median cost of $294,041, higher than the Pennsylvania average of $288,156.
The average cost of rent is $1,268/mo in Ephrata, primarily driven by the current value of real estate in the Ephrata area. In Ephrata, 34.93% of households rent, and 41.68% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ephrata is $7,089 per month. Households that rent pay about 17.89% of their income on rent here. Ephrata’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Akron, PA: less expensive homes
- Hahnstown, PA: higher priced homes
- Stevens, PA: equally priced homes
- Clay, PA: equally priced homes
- Brownstown, PA: higher priced homes
- Reamstown, PA: equally priced homes
- Schoeneck, PA: equally priced homes
- Denver, PA: equally priced homes
- Leola, PA: higher priced homes
- Hopeland, PA: equally priced homes
Cities with Similar Populations
- Stevens Point, WI: less expensive homes
- Des Moines, WA: higher priced homes
- Dover, NH: higher priced homes
- Dracut, MA: higher priced homes
- Dublin, GA: less expensive homes
- Granger, IN: higher priced homes
- Liberty, MO: equally priced homes
- Pineville, LA: less expensive homes
- Pueblo West, CO: higher priced homes
- Sedalia, MO: less expensive homes
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