$1,050 Per Month
- 1 Bed
- 1 Bath
- Condo for Rent
84 E Franklin St Unit 1st floor, Ephrata, PA 17522
Frequently Asked Questions
How much does it cost to rent a home in Ephrata, PA?
The median rent for a home in Ephrata, PA is $1,572 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Ephrata, PA?
To comfortably afford the median rent in Ephrata, PA, a household needs to earn roughly $62,880 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,572 per month in Ephrata, PA, renters typically need to show $4,716 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Ephrata, PA?
In Ephrata, PA, the price-to-rent ratio is 18.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Ephrata, PA are best for renting a home?
The best neighborhood for renting in Ephrata, PA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Lexington, Blossom Hill, Fertility and Lower Heidelberg, each with its own character and price range.
