Lawrence

Kansas ยท Ranked #197 of 373 metros

74Affordable
๐Ÿ’ก
Housing in Lawrence costs 4.56ร— the median income, above the national average of 4.5ร—. The median home price is $306K and median rent is $1,056/month. Lawrence ranks #197 of 373 metros for affordability.

Median Home Price

๐Ÿ 

$306K

Need $90K income

Median Rent

๐Ÿ”‘

$1,056

Need $42K income

Building Permits

๐Ÿ”จ

247

annual

Median Income

๐Ÿ’ฐ

$67K

Pop: 129,063

Rent Burden

โš ๏ธ

23.9%

of renters paying >30%

Homeownership

๐Ÿก

49.0%

Rent Burden

vs. National Average

Key Facts vs. National Average

MetricLawrenceNational
Price-to-Income Ratio4.56x6.1x
Rent Burden23.9%31.5%
Homeownership Rate49.0%65.5%
YoY Rent Change0%+2.8%
Mortgage Denial Rate0.0%13.5%
Eviction Rate0.0%3.6%

House Price Index (2000โ€“2025)

FHFA All-Transactions HPI

Since 2019: +58.2%Since 2000: +152.6%

HUD Fair Market Rents (FY2026)

Section 8 voucher payment standards

Studio$895/mo
1 Bedroom$1,006/mo
2 Bedroom$1,182/mo
3 Bedroom$1,644/mo
4 Bedroom$1,983/mo

Zillow Market Data

Home Value (ZHVI)

$325K

1yr: +2.7%5yr: +38.7%

Rent (ZORI)

$1,448/mo

1yr: +6.6%5yr: +44.7%

Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.

Redfin Market Activity

Median Sale Price

$340K

Active Inventory

155

Days on Market

91

Sold Above List

8.6%

Price Drops

14.2%