Lawrence renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in the purple and dark green areas.
Rental Price Key
On average, the cost of rent in Lawrence is about $1,338 per month. This puts it in the 96th percentile compared to the state average cost of rent, which is $1,043. Households in Lawrence have a median income of $5,452 per month so the average renter in Lawrence is spending roughly 25% of their earnings on housing.
Nationally, and in Lawrence, home values are the data point most closely correlated with the cost of rent. The median price of a home in Lawrence is $191,398 right now, which is lower than cities nearby, meaning that rents in Lawrence also tend to be lower versus these nearby cities.
Higher rent prices are common in the northern parts of Lawrence while lower rent rates are often available in eastern areas.
Nearby Cities
- Mc Cordsville, IN: more expensive rent prices
- McCordsville, IN: less expensive rent prices
- Mount Comfort, IN: less expensive rent prices
- Cumberland, IN: less expensive rent prices
- Warren Park, IN: less expensive rent prices
- Woodbury, IN: more expensive rent prices
- Fishers, IN: more expensive rent prices
- Gem, IN: less expensive rent prices
- Mohawk, IN: less expensive rent prices
- Williams Creek, IN: more expensive rent prices
Cities with Similar Populations
- Johnstown, PA: less expensive rent prices
- Brunswick, GA: less expensive rent prices
- Winnetka, CA: more expensive rent prices
- Hutchinson, KS: less expensive rent prices
- St. Louis Park, MN: more expensive rent prices
- Palm Springs, CA: more expensive rent prices
- Lompoc, CA: more expensive rent prices
- Marana, AZ: less expensive rent prices
- Bel Air South, MD: more expensive rent prices
- West Columbia, SC: less expensive rent prices
All Local Stats
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