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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 $287,004, lower than the Texas average of $322,096.
The average cost of rent is $1,824/mo in Lawrence, primarily driven by the current value of real estate in the Lawrence area. In Lawrence, 34.19% of households rent, and 39.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lawrence is $6,354 per month. Households that rent pay about 28.71% 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
- Terrell, TX: less expensive homes
- Talty, TX: higher priced homes
- Forney, TX: higher priced homes
- McLendon-Chisholm, TX: higher priced homes
- Heath, TX: higher priced homes
- Post Oak Bend City, TX: higher priced homes
- Crandall, TX: higher priced homes
- Gastonia, TX: higher priced homes
- Sunnyvale, TX: higher priced homes
- Seagoville, TX: less expensive homes
Cities with Similar Populations
- Stohrs Crossroads, WV: less expensive homes
- Fork Union, VA: less expensive homes
- Franklinville, IL: higher priced homes
- Garden City, UT: higher priced homes
- Gilbert, PA: less expensive homes
- Glenwood, AL: less expensive homes
- Gloverville, SC: less expensive homes
- Grafton, NH: equally priced homes
- St. Peters, PA: higher priced homes
- Flatwoods, MO: less expensive homes
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