Rentometer, Inc. | Data as of 10/22/2025
Lawrence, Massachusetts, offers a dynamic rental market that blends historic charm with modern convenience. As a vibrant city within the Merrimack Valley, it attracts a diverse mix of renters ranging from students and young professionals to families seeking spacious living options. The city’s well‑connected transit network, proximity to Boston, and an expanding downtown revitalization make Lawrence a compelling choice for those looking to settle in a community that balances affordability with quality of life.
Apartment rentals dominate the market, with a variety of unit sizes to fit different lifestyles. Studio apartments typically fall in the $1900‑$2100 range, providing efficient, low‑maintenance living for newcomers and solo renters. One‑bedroom units are generally priced between $2000 and $2100, offering a comfortable step up in space and privacy. Two‑bedroom apartments command rents in the $2500‑$2700 range, attracting small families and roommates, while larger three‑bedroom layouts usually sit between $2800 and $3000, delivering ample room for growing households. In addition to apartments, single‑family homes are also available, delivering greater square footage and yard space for those who desire a more traditional residential setting.
The city’s distinct neighborhoods each bring their own character to the rental experience. Downtown Lawrence features historic brick buildings, lively restaurants, and easy access to the Lawrence Riverfront and cultural venues such as the Lawrence Heritage State Park. South Lawrence and the Northside offer quieter residential streets with a blend of classic homes and newer developments. With schools, parks, shopping districts, and a strong sense of community, Lawrence’s rental landscape provides both convenience and variety, making it an attractive destination for a wide range of renters seeking a welcoming place to call home.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,969 | $2,017 | $1,650 - $2,260 | $1,916 - $2,075 |
| Apartment | 1 Bedroom | $2,013 | $2,100 | $1,250 - $2,728 | $1,808 - $2,200 |
| Apartment | 2 Bedroom | $2,514 | $2,562 | $1,975 - $3,074 | $2,230 - $2,710 |
| Apartment | 3 Bedroom | $2,934 | $2,800 | $2,000 - $3,950 | $2,640 - $3,000 |
In the current period, the average rent in Lawrence was $1,970 for Studio, $1,998 for 1 Bedroom, $2,515 for 2 Bedroom, and $2,934 for 3 Bedroom.
Data provided by Rentometer, Inc.