Much like other places in this area, it's somewhat less expensive compared to the entire country. However it's significantly less expensive compared to the city of New York.
Home prices
Mount Ephraim's median home value is $168,400. Compared to nearby areas this is roughly $2,780 (1%) lower.In comparison to the US as a whole it is approximately $49,100 (22%) lower, and is approximately $437,600 (72%) lower compared to the city of New York.
Rents
In Mount Ephraim the median monthly rent is $926. Compared to its surrounding areas it is roughly $93 (9%) lower.It is about $136 (12%) lower compared to the US as a whole, and in comparison to the city of New York it is roughly $517 (35%) lower.
Nearby places
Bellmawr
Bellmawr is Mount Ephraim's neighbor to the south. Housing prices there are fairly similar. The median home in Bellmawr is valued at $167,700, which is very similar to Mount Ephraim. Rent there is fairly similar. The median rent in Bellmawr is $898 per month, which is $28 (3%) lower than Mount Ephraim.
Audubon
Audubon is Mount Ephraim's neighbor to the northeast. Real estate prices there are a bit more expensive. Audubon's median home value is $212,700, which works out to $44,300 (20%) higher than Mount Ephraim. Its rents are a little more expensive. The median rent in Audubon is $1,031 per month, which comes out to $105 (10%) higher than Mount Ephraim.
Haddon Heights
Haddon Heights is Mount Ephraim's neighbor to the east. Its real estate prices are a lot more expensive. The price of the median home in Haddon Heights is $287,400, which comes out to $119,000 (41%) higher than Mount Ephraim. Its rents are fairly similar. Haddon Heights's median monthly rent is $972, which comes out to $46 (4%) higher than Mount Ephraim.
Brooklawn
Brooklawn is Mount Ephraim's neighbor to the west. The real estate prices there are a bit less expensive. The median home cost in Brooklawn is $131,100, which works out to $37,300 (28%) lower than Mount Ephraim. Rent there is a bit more expensive. In Brooklawn the median rent is $1,332 per month, which is $406 (30%) higher than Mount Ephraim.
Audubon Park
Audubon Park is roughly 1 mile north from Mount Ephraim. Its housing prices are significantly less expensive. The value of the median home in Audubon Park is $57,000, which comes out to $111,400 (195%) lower than Mount Ephraim. The rent there is a bit less expensive. Audubon Park's median rent is $863 a month, which is $63 (7%) lower than Mount Ephraim.
