The rent prices in real estate in Ephrata, in the Pennsylvania region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Ephrata has risen during the last 6 months. In October, the average price per sq.feet was $1.78. In November this price barely changed remaining at $1.79 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.78 to $1.75 per sq.feet. The price per sq.feet has had a considerable rise of 118 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $1.77 to $2.08 during February, and March.
When referring to the price in Ephrata (cities), this has fallen in the last 6 months. The rent price in October is $1,749, rising in November till $1,887. During the following two months (December, January) the average price had a considerable fall of 85 % with regard to the previous two months. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,677.5 and $1,602 between February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,766 they are 28 % more affordable than the average price for Ephrata . The properties with the highest average price have 1 bedroom, Their price is 4 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,666.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $2.4 / sq.feet price in Ephrata. The properties with the most expensive average prices have 1 bedroom. They are 10 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.5 / sq.feet.
According to average price per property type in Ephrata, "" priced at $1,263 is 28 % lower than the average price ($1,766) in this city.