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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 $196,603, lower than the Utah average of $525,914.
The average cost of rent is $763/mo in Lawrence, primarily driven by the current value of real estate in the Lawrence area. In Lawrence, 26.48% of households rent, and 42.25% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lawrence is $5,919 per month. Households that rent pay about 12.89% of their income on rent here. Lawrence’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Huntington, UT: equally priced homes
- Cleveland, UT: equally priced homes
- Castle Dale, UT: higher priced homes
- Orangeville, UT: higher priced homes
- Elmo, UT: equally priced homes
- Clear Creek, UT: equally priced homes
- Clawson, UT: higher priced homes
- Columbia, UT: equally priced homes
- Ferron, UT: higher priced homes
- Molen, UT: higher priced homes
Cities with Similar Populations
- Nella, AR: less expensive homes
- Montpelier, KY: less expensive homes
- Monument, KS: less expensive homes
- Moons, TN: less expensive homes
- Moorewood, OK: less expensive homes
- Moorman, KY: less expensive homes
- Morton, MO: higher priced homes
- Mosel, WI: higher priced homes
- Mountain Crest, AR: less expensive homes
- Mulch, VA: equally priced homes
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