Rentometer, Inc. | Data as of 10/22/2025
Lawrence, Indiana offers a dynamic rental market that blends suburban comfort with easy access to metropolitan amenities. Prospective renters can choose from a variety of housing types, from modern apartments in the city’s revitalized downtown corridor to spacious family homes nestled near Eagle Creek Park. The area’s reputation for well‑maintained neighborhoods, such as the historic Lawrence Center and the growing Riverfront district, makes it an attractive destination for professionals, students, and growing families alike.
Apartment seekers will find a range of options that suit different lifestyle needs. One‑bedroom units typically fall in the $1200s, while two‑bedroom apartments often sit in the $1400 range, and larger three‑bedroom layouts can reach the $1700s. For those preferring a house, two‑bedroom homes are commonly priced around the $1300‑$1400 range, and three‑bedroom properties align with the $1700s. Larger four‑plus bedroom houses approach the $2000 range, offering ample space for multi‑generational living or home‑based work environments. These price points reflect Lawrence’s balanced offering of affordability and quality, supported by a strong local economy and proximity to major employment hubs in Indianapolis.
Beyond housing, Lawrence boasts convenient access to cultural and recreational attractions. Residents enjoy easy walks to the Lawrence Arts Center, seasonal events at the historic downtown square, and outdoor activities along the White River and nearby trail systems. With reputable schools, a growing dining scene, and short commutes to downtown Indianapolis, the city presents a compelling blend of community charm and urban convenience for renters seeking a vibrant yet relaxed lifestyle.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,250 | $1,286 | $842 - $1,801 | $1,037 - $1,478 |
| Apartment | 2 Bedroom | $1,449 | $1,445 | $999 - $1,975 | $1,220 - $1,636 |
| Apartment | 3 Bedroom | $1,761 | $1,774 | $1,283 - $2,260 | $1,490 - $2,020 |
| House | 2 Bedroom | $1,364 | $1,190 | $995 - $1,980 | $1,140 - $1,650 |
| House | 3 Bedroom | $1,754 | $1,780 | $1,025 - $4,500 | $1,575 - $1,900 |
| House | 4+ Bedroom | $2,041 | $2,032 | $1,200 - $3,060 | $1,900 - $2,205 |
In the current period, the average rent in Lawrence was
$1,251 for 1 Bedroom,
$1,418 for 2 Bedroom,
$1,754 for 3 Bedroom, and
$2,033 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.