Average Rent in Lawrence, IN

Current Versus Historical Lawrence, IN Rents

Lawrence rentals average $0 for a studio rental to $1,795 for a 4-bedroom rental. The median price of all currently available listings is $1,150, or roughly $13 per square feet.

For the apartment units and housing in December 2023, median rents have risen over the last year. Studio rentals prices have decreased by $64 (-8.15%) year-over-year from $787 to $723. 1-bedroom rentals prices have increased by $69 (8.49%) year-over-year from $807 to $875. 2-bedroom rentals prices have increased by $184 (20.11%) year-over-year from $916 to $1,100. 3-bedroom rentals prices have decreased by $228 (-13.89%) year-over-year from $1,643 to $1,415. 4-bedroom rentals prices have decreased by $150 (-7.71%) year-over-year from $1,945 to $1,795. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.00% this month. 1-bedroom rents have gone up by 1.74% this month. 2-bedroom rents have gone up by 3.13% this month. 3-bedroom rents have gone down by 3.19% this month. 4-bedroom rents have gone down by 21.33% this month.

Beds	Price / Sqft	Dec 2023 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$14	$875	$807 (8.49%)	$515 (69.78%)
2 BR	$15	$1,100	$916 (20.11%)	$741 (48.38%)
3 BR	$12	$1,415	$1,643 (-13.89%)	$1,240 (14.13%)
4+ BR	$12	$1,795	$1,945 (-7.71%)	$1,523 (17.85%)

Historical Rents in Lawrence, IN

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Lawrence

There are a total of 2 cities nearby Lawrence. The average rent in Lawrence is currently $2,045 per month. Our records show that Indianapolis, IN, with an average rent of $1,245, is the most affordable city nearby. In contrast, the most expensive city near Lawrence, IN is Carmel, IN. Monthly rents here are on average $2,845 per month.

Let's compare Lawrence, IN's rent against other top cities nearby by bedroom size. Typically, rent for studios in Lawrence, IN is inf% more affordable than other cities nearby. One bedrooms are about 54.57% more expensive. Two bedrooms in Lawrence, IN are about 41.57% more affordable. Finally, rent for three bedrooms are about 50.54% more affordable. Want more information? Check out the top 2 cities near Lawrence, IN in the following chart.

City	Studio	1 Bed	2 Bed	All
Indianapolis, IN	$875	$795	$1,040	$1,245
Carmel, IN	N/A	N/A	$2,075	$2,845

Top Neighborhoods Near Lawrence

There are a total of 1 neighborhoods in or near Lawrence. We've included all of these top 1 neighborhoods in or near Lawrence, IN in the following chart.

The average rent for these 1 neighborhoods in or near Lawrence, IN is currently around $995 per month. A total of one neighborhood has a lower average rent. Out of all the neighborhoods in or near Lawrence, Near Eastside has the most affordable average rent at $995 per month. Whereas, at $995 average rent per month, Near Eastside is the most expensive neighborhood in or near Lawrence. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Near Eastside, Indianapolis, IN	N/A	$713	$997	$995

Top Counties Near Lawrence

There are a total of 1 counties located by Lawrence, IN. Some of these counties include Center, Indianapolis, IN, Warren, Indianapolis, IN, and Lawrence, IN. The average rent for rentals in these counties is $1,186. That's roughly around $13 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Center, Indianapolis, IN. It's average rent per month is $1,050. Vice versa, with an average rent of $2,845, Clay, Carmel, IN is the most expensive county by Lawrence, IN.

In comparison, rent for one bedroom listings in Lawrence, IN is 12.29% more expensive than other counties nearby. Finally, rent for two bedrooms in Lawrence, IN is 8.45% more expensive than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Center, Indianapolis, IN	$913	$750	$999	$1,050
Warren, Indianapolis, IN	N/A	$785	$1,015	$1,073
Lawrence, IN	N/A	$875	$875	$1,299
Clay, Carmel, IN	N/A	N/A	$2,075	$2,845

Top Zipcodes Near Lawrence

There is one zipcode in or near Lawrence, IN. The average rent for this zipcode is $925.

The following chart includes the zipcode in or near Lawrence, IN. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
46201, Indianapolis, IN	N/A	$738	$995	$925

Frequently Asked Questions - Lawrence Average Rents

What is the average rent price in Lawrence, IN?

The average monthly rental price for Lawrence, IN apartments for rent is approximately $1,150. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Lawrence, IN rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Lawrence, IN.

How much is a studio apartment in Lawrence, IN?

The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 1 studio apartment listings currently available for rent in Lawrence.

How much is a one bedroom apartment in Lawrence, IN?

The average monthly rental price for one bedroom apartments is $875 and an average price per square feet of $14.14. There are a total of 6 one bedroom apartment listings currently available for rent in Lawrence.

How much is a two bedroom apartment in Lawrence, IN?

The average monthly rental price for two bedroom apartments is $1,100 and an average price per square feet of $14.86. There are a total of 4 two bedroom apartment listings currently available for rent in Lawrence.

How have rent prices in Lawrence, IN changed this year?

Rent prices for rentals in Lawrence, IN can fluctuate yearly. Specifically, studio rental prices have changed by -0.08%, one bedroom rental prices have changed by 0.08%, two bedroom rental prices have changed by 0.20%, and three bedroom rental prices have changed by -0.14% year-over-year.

What is a reasonable rent price in Lawrence, IN?

A reasonable rent price in Lawrence, IN is around $920/month. You can search for these reasonably priced rental listings on RentHop.