Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lawrence area can be challenging. Home prices in Lawrence are now at a median cost of $149,502, lower than the Indiana average of $175,617.
The average cost of rent is $1,142/mo in Lawrence, primarily driven by the current value of real estate in the Lawrence area. While nearly 31.20% of residents own their homes outright in Lawrence, 39.94% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lawrence is $5,700 per month. Households that rent pay about 20.03% of their income on rent here. Lawrence's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- McCordsville, IN: higher priced homes
- Mount Comfort, IN: higher priced homes
- Cumberland, IN: higher priced homes
- Warren Park, IN: less expensive homes
- Gem, IN: higher priced homes
- Fishers, IN: higher priced homes
- Woodbury, IN: higher priced homes
- Mohawk, IN: equally priced homes
- Williams Creek, IN: higher priced homes
- Meridian Hills, IN: higher priced homes
Cities with Similar Populations
- Country Club, FL: higher priced homes
- Granada Hills, CA: higher priced homes
- Florin, CA: higher priced homes
- Florence, KY: higher priced homes
- East Lansing, MI: higher priced homes
- Grovetown, GA: higher priced homes
- Draper, UT: higher priced homes
- Cypress, CA: higher priced homes
- Tuckahoe, VA: higher priced homes
- Haltom City, TX: higher priced homes
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