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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 $1,399,488, higher than the New York average of $610,895.
The average cost of rent is $2,019/mo in Lawrence, primarily driven by the current value of real estate in the Lawrence area. In Lawrence, 24.91% of households rent, and 35.47% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lawrence is $13,427 per month. Households that rent pay about 15.04% of their income on rent here. Lawrence’s most expensive areas are in the southwestern 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
- Cedarhurst, NY: less expensive homes
- Inwood, NY: less expensive homes
- Woodsburgh, NY: higher priced homes
- Woodmere, NY: less expensive homes
- Atlantic Beach, NY: less expensive homes
- Hewlett Neck, NY: higher priced homes
- Hewlett Bay Park, NY: equally priced homes
- Hewlett, NY: less expensive homes
- Hewlett Harbor, NY: equally priced homes
- Valley Stream, NY: less expensive homes
Cities with Similar Populations
- Shavertown, PA: less expensive homes
- Linwood, NJ: less expensive homes
- Litchfield, IL: less expensive homes
- Rusk, TX: less expensive homes
- Salyersville, KY: less expensive homes
- Sarver, PA: less expensive homes
- Scottsburg, IN: less expensive homes
- Seabrook, NH: less expensive homes
- Seaside, OR: less expensive homes
- Selmer, TN: less expensive homes
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