Much like other places in this area, it is somewhat less expensive compared to the rest of the country. Compared to the city of Yakima, it is a little less expensive.
Home prices
The median home cost in Ephrata is $162,900. In comparison to nearby areas it is roughly $3,260 (2%) higher.It is roughly $54,600 (25%) lower compared to the nation as a whole, and it is about $10,100 (5%) lower in comparison to the city of Yakima.
Rents
Ephrata's median monthly rent is $696. In comparison to its nearby areas it is approximately $22 (3%) higher.Compared to the United States as a whole it is approximately $366 (34%) lower, and in comparison to the city of Yakima is approximately $124 (15%) lower.
Nearby places
Lakeview
Lakeview is approximately 3 miles north from Ephrata. Its real estate prices are a little less expensive. Lakeview's median home cost is $152,700, which works out to $10,200 (6%) lower than Ephrata. Rents there are a little more expensive. The median rent in Lakeview is $764 a month, which works out to $68 (8%) higher than Ephrata.
Soap Lake
Soap Lake is approximately 5 miles north from Ephrata. Its real estate prices are a lot less expensive. The median home price in Soap Lake is $110,000, which works out to $52,900 (48%) lower than Ephrata. Rents there are substantially less expensive. In Soap Lake the median rent is $460 per month, which is $236 (51%) lower than Ephrata.
Moses Lake North
Moses Lake North is about 11 miles southeast of Ephrata. Real estate prices there are substantially less expensive. The median home in Moses Lake North costs $118,400, which works out to $44,500 (37%) lower than Ephrata. The rent there is a bit more expensive. In Moses Lake North the median monthly rent is $739, which works out to $43 (5%) higher than Ephrata.
Cascade Valley
Cascade Valley is approximately 13 miles southeast from Ephrata. Real estate prices there are significantly more expensive. The median home in Cascade Valley is valued at $263,600, which is $100,700 (38%) higher than Ephrata. The rent there is a bit less expensive. The median monthly rent in Cascade Valley is $631, which is $65 (10%) lower than Ephrata.
Quincy
Quincy is roughly 13 miles west of Ephrata. Its real estate prices are a little less expensive. The median home value in Quincy is $153,500, which is $9,400 (6%) lower than Ephrata. The rent there is somewhat more expensive. In Quincy the median monthly rent is $775, which works out to $79 (10%) higher than Ephrata.