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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 $158,917, lower than the North Carolina average of $323,314.
The average cost of rent is $669/mo in Lawrence, primarily driven by the current value of real estate in the Lawrence area. In Lawrence, 23.77% of households rent, and 52.15% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lawrence is $6,825 per month. Households that rent pay about 9.80% of their income on rent here. Lawrence’s most expensive areas are in the eastern 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
- Speed, NC: equally priced homes
- Roseneath, NC: less expensive homes
- Leggett, NC: less expensive homes
- Penny Hill, NC: less expensive homes
- Hobgood, NC: less expensive homes
- Draughn, NC: less expensive homes
- Tarboro, NC: equally priced homes
- Palmyra, NC: less expensive homes
- Gethsemane, NC: less expensive homes
- Scotland Neck, NC: less expensive homes
Cities with Similar Populations
- Shacklett, TN: higher priced homes
- Mallard, IA: equally priced homes
- Mc Clure, VA: less expensive homes
- McDaniel, IN: higher priced homes
- McMullin, MO: higher priced homes
- Midway, IA: higher priced homes
- Mount Vernon, NC: higher priced homes
- New Dixie, AR: equally priced homes
- Shacklefords, VA: higher priced homes
- Magnolia, MN: higher priced homes
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