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Affordable
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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 $71,466, lower than the Mississippi average of $183,008.
The average cost of rent is $817/mo in Lawrence, primarily driven by the current value of real estate in the Lawrence area. In Lawrence, 10.02% of households rent, and 72.15% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lawrence is $4,022 per month. Households that rent pay about 20.30% 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.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Newton, MS: higher priced homes
- Lake, MS: higher priced homes
- Calhoun, MS: equally priced homes
- Roberts, MS: higher priced homes
- Conehatta, MS: higher priced homes
- Usrytown, MS: higher priced homes
- Decatur, MS: higher priced homes
- Hays, MS: less expensive homes
- Garlandville, MS: higher priced homes
- Hickory, MS: higher priced homes
Cities with Similar Populations
- Killian, SC: higher priced homes
- Redwood, NY: higher priced homes
- Redwater, TX: higher priced homes
- Mangum, MI: higher priced homes
- Loveville, MD: higher priced homes
- Lindsey, OH: higher priced homes
- Lasara, TX: less expensive homes
- Larwill, IN: higher priced homes
- Lapine, AL: higher priced homes
- Lakewood Club, MI: higher priced homes
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