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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 $585,694, lower than the Washington average of $621,115.
The average cost of rent is $1,951/mo in Lawrence, primarily driven by the current value of real estate in the Lawrence area. In Lawrence, 8.67% of households rent, and 39.21% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lawrence is $6,103 per month. Households that rent pay about 31.98% of their income on rent here. Lawrence’s most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Everson, WA: less expensive homes
- Strandell, WA: higher priced homes
- Welcome, WA: less expensive homes
- Nooksack, WA: equally priced homes
- Van Zandt, WA: less expensive homes
- Deming, WA: less expensive homes
- Sudden Valley, WA: less expensive homes
- Kendall, WA: less expensive homes
- Bellingham, WA: equally priced homes
- Peaceful Valley, WA: less expensive homes
Cities with Similar Populations
- Haines, OR: less expensive homes
- Gilboa, OH: less expensive homes
- Gillett, AR: less expensive homes
- Glen Campbell, PA: less expensive homes
- Glen Rose, AR: less expensive homes
- Gloucester, NC: less expensive homes
- Yellow Dirt, GA: less expensive homes
- Gouldsboro, ME: less expensive homes
- Granby Center, NY: less expensive homes
- Yanush, OK: less expensive homes
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