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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 $335,690, higher than the Kansas average of $243,949.
The average cost of rent is $1,164/mo in Lawrence, primarily driven by the current value of real estate in the Lawrence area. In Lawrence, 54.08% of households rent, and 36.55% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lawrence is $6,157 per month. Households that rent pay about 18.90% of their income on rent here. Lawrence’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Clinton, KS: less expensive homes
- Eudora, KS: less expensive homes
- Vinland, KS: higher priced homes
- Williamstown, KS: less expensive homes
- Reno, KS: equally priced homes
- Stull, KS: higher priced homes
- Lecompton, KS: less expensive homes
- Perry, KS: less expensive homes
- Linwood, KS: higher priced homes
- Baldwin City, KS: equally priced homes
Cities with Similar Populations
- Columbus, GA: less expensive homes
- College Station, TX: equally priced homes
- Compton, CA: higher priced homes
- Columbia, SC: less expensive homes
- Columbia, MO: less expensive homes
- Concord, CA: higher priced homes
- Columbus, OH: equally priced homes
- Conyers, GA: less expensive homes
- Clarksville, TN: less expensive homes
- Cincinnati, OH: less expensive homes
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