The rent prices in real estate in Ephrata, in the Washington region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Ephrata has had a strong fall during the last 6 months. In September, the average price per sq.feet was $286.93. In the following month the price per sq.feet rose considerably to $334.43. The price for the following two months in (November, December) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable fall of 1 % 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 $156.02 to $1.28 during January, and February.
When referring to the price in Ephrata (cities), this has fallen considerably in the last 6 months. The average price for September is $1,985. During October the price had a slight fall till $1,858. During the following two months (November, December) the average price fell 86 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 87 %, going from $1,787.5 to $1,561.5 in January and February.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,527 they are 51 % more affordable than the average price for Ephrata . The properties with the lowest average price have 3 bedrooms, Their price is 22 % more affordable than the average. After that we have properties with 4 bedrooms priced at $1,091.
According to average price per property type in Ephrata, "" priced at $1,091 is 29 % lower than the average price ($1,527) in this city.