What is the average apartment size in Lawrence?

The average size for a Lawrence, IN apartment is 869 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Lawrence?

As of Oct / 2025, the average rent in Lawrence is $1,219 per month, a 3.49% increase from last year’s average of $1,177.

What is the average apartment size in Lawrence?

The typical apartment in Lawrence offers about 869 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

Lawrence, IN Rental Market Trends

Q: What's the typical rent budget in Lawrence?

The typical rent budget in Lawrence ranges from $1,001 to $1,500 per month, with 56% of rentals in this range.

Q: Do most people rent or own in Lawrence?

In Lawrence, 34% of households rent while 66% own their homes, based on the latest U.S. Census data.

Last updated: November 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Lawrence is $1,219, a 3.49% increase compared to the previous year, when the average rent was $1,177.

One-bedroom apartments provide 700 square feet for $1,073, balancing privacy and affordability.

Two-beedroom units at $1,284 offer 954 square feet, perfect for roommates or small families.

Three-bedroom apartments deliver maximum space (1,161 sq ft) for $1,537, suitable for larger households.

Average rent in Lawrence, IN

Last updated: November 19, 2025

	Average Rent	Average Apartment Size
All Rentals	$1,219	869 sq. ft.
Studio	n/a	n/a
1 Bed	$1,073	700 sq. ft.
2 Beds	$1,284	954 sq. ft.
3 Beds	$1,537	1,161 sq. ft.

Lawrence, IN rent trends

Rental prices in Lawrence, IN have increased by 3.49% over the past year. The average rent moved from $1,177 to $1,219.

What's the typical rent budget in Lawrence, IN?

The largest share of rentals in Lawrence, IN (56%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Lawrence, IN?

6,622 or 34% of the households in Lawrence, IN are renter-occupied while 12,931 or 66% are owner-occupied.

Access comprehensive real estate data and information on Yardi Matrix

Average Rent in Lawrence, IN By Neighborhood

Neighborhood	Average Rent
North Harrison Park	$1,521
Watson's	$1,040

Lawrence | Rent Comparison by Neighborhood

Rent in North Harrison Park is 46% higher than in Watson's

$1,521

North Harrison Park rent is 25% higher than Lawrence average

Average Rent $1,521

$1,040

Watson's rent is 15% lower than Lawrence average

Average Rent $1,040

How Lawrence Compares to Other Cities

City	Average Rent
Lawrence	$1,219
Indianapolis	$1,250
Evansville	$1,024
Bloomington	$1,595
Fort Wayne	$1,126
New Albany	$1,114
Lafayette	$1,168
Jeffersonville	$1,223
South Bend	$1,343
Greenwood	$1,372
Hammond	$1,224
Carmel	$1,662
Fishers	$1,653
Noblesville	$1,542
Plainfield, IN	$1,564
Brownsburg, IN	$1,654
Avon, IN	$1,517
Franklin, IN	$1,381
Westfield, IN	$1,643
Whitestown, IN	$1,689
Greenfield, IN	$1,359

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Lawrence apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.