
Home Price Key
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 $132,128, lower than the Michigan average of $196,062.
The average cost of rent is $686/mo in Lawrence, primarily driven by the current value of real estate in the Lawrence area. While nearly 43.96% of residents own their homes outright in Lawrence, 20.91% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lawrence is $4,871 per month. Households that rent pay about 14.08% of their income on rent here. Lawrence's most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Hartford, MI: less expensive homes
- McDonald, MI: equally priced homes
- Volinia, MI: higher priced homes
- Bangor, MI: less expensive homes
- Keeler, MI: higher priced homes
- Paw Paw, MI: higher priced homes
- Decatur, MI: higher priced homes
- Breedsville, MI: less expensive homes
- Toquin, MI: higher priced homes
- Watervliet, MI: equally priced homes
Cities with Similar Populations
- Grantham, PA: higher priced homes
- Grafton, ND: less expensive homes
- Granby, CO: higher priced homes
- Lakeview, OR: higher priced homes
- Carrollton, MO: less expensive homes
- Grand Ridge, FL: equally priced homes
- Carroll, OH: higher priced homes
- Carolina Shores, NC: higher priced homes
- Carmichaels, PA: less expensive homes
- Grangeville, ID: higher priced homes
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