Lawrence, Kansas Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Lawrence, Kansas rental market.

Lawrence, Kansas

Average Apartment Rent

$1,373

Y-o-Y Change in Average
Apartment Rent

4.7%

As of May 2026

Compared to a year ago, Lawrence, Kansas apartments have recorded a 4.7% rent increase.

Lawrence, Kansas Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Lawrence $1,151 $1,176 $1,221 $1,228 $1,254 $1,307 $1,317 $1,329 $1,363
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Lawrence
National
Jul 2023
$1,151
$1,741
Nov 2023
$1,176
$1,732
Mar 2024
$1,221
$1,736
Jul 2024
$1,228
$1,756
Nov 2024
$1,254
$1,749
Mar 2025
$1,307
$1,755
Jul 2025
$1,317
$1,767
Nov 2025
$1,329
$1,753
Mar 2026
$1,363
$1,750

Lawrence, Kansas Average Apartment Rent

Lawrence, Kansas Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 49.31%, apartments priced $1,000 - $1,500 represent the bulk of Lawrence, Kansas rentals, while condos priced Over $3,000 hold the lowest share of the market – 2.77%.

Lawrence, Kansas Housing tenure**

Renter occupied housing units 22,953
Owner occupied housing units 17,833

Renters take up 56% of Lawrence, Kansas real estate, occupying a total of 22,953 units, while homeowners live in 17,833 properties.

Median number of rooms of renter-occupied housing units**

4

Renter median household income**

$41,008

Average household size of renter-occupied housing units**

1.89

Rental vacancy rate**

4.6%

Lawrence, Kansas Renter-occupied housing units by no. of bedrooms**

No bedrooms 1,705
1 bed 5,410
2 beds 9,237
3 beds 4,595
4 beds 1,826
5 or more beds 180

There are 9,237 rentals in Lawrence, Kansas with 2 beds making up the highest share of the market, at 40%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 180 units. Overall, the median number of rooms in Lawrence, Kansas homes for rent is 4.

Lawrence, Kansas Renter-occupied units by age of householder**

15 - 24 years 8,177
25 - 34 years 5,898
35 - 44 years 3,217
45 - 54 years 1,866
55 - 59 years 852
60 - 64 years 615
65 - 74 years 1,120
75 - 84 years 731
85 years and over 477

Most condos for rent in Lawrence, Kansas are occupied by residents in the 15 - 24 years age group (36%), followed by those in the 25 - 34 years age group (26%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 2%.

Lawrence, Kansas Renter-occupied housing units by family type**

Family households 5,960
Non-Family Households 16,993

Lawrence, Kansas Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 2,882
No related children of the householder under 18 20,071

A total of 5,960 apartments for rent in Lawrence, Kansas, or 26% of all rentals are family households. Additionally, 13% of rental homes include children under the age of 18 – that’s 2,882 units. All in all, the median size of a renter-occupied household in Lawrence, Kansas is 1.89.

Lawrence, Kansas Renter-occupied housing units by educational attainment**

Less than high school graduate 746
High school graduate (including equivalency) 3,901
Some college or associate's degree 8,979
Bachelor's degree or higher 9,327

In terms of education, renters holding bachelor degrees or higher make up 41% of the rental market. In contrast, residents with less than a high school degree reside in 3% of the homes for rent in Lawrence, Kansas.

Lawrence, Kansas Renter-occupied units by year structure built**

Built 2020 or later 280
Built 2010 - 2019 3,307
Built 2000 - 2009 3,232
Built 1990 - 1999 3,748
Built 1980 - 1989 3,320
Built 1970 - 1979 2,720
Built 1960 - 1969 2,884
Built 1950 - 1959 943
Built 1940 - 1949 482
Built 1939 or earlier 2,037

The highest share of Lawrence, Kansas apartment rentals, namely 16% or 3,748 units, were Built 1990 - 1999, followed by those Built 1980 - 1989 (14%, 3,320 units), and the ones Built 2010 - 2019 (14%, 3,307 units).

Lawrence, Kansas Renter-occupied units by year householder moved in**

Moved in 2021 or later 3,246
Moved in 2018 to 2020 10,876
Moved in 2010 to 2017 7,471
Moved in 2000 to 2009 1,185
Moved in 1990 to 1999 123

Median year renter moved into unit 2019

Most Lawrence, Kansas renters (47%) moved in 2018 to 2020, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Lawrence, Kansas condos for rent is 2019.

Lawrence, Kansas Renter-occupied housing units by vehicles available**

No vehicle available 2,706
1 vehicle available 10,757
2 vehicles available 6,390
3 vehicles available 2,070
4 vehicles available 884
5 or more vehicles available 146

When it comes to transportation options, 47% of Lawrence, Kansas renters have 1 vehicle available per household, 28% of them have 2 vehicles available, and 12% have No vehicle available.

Lawrence, Kansas Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 19,677
Car, truck, or van - carpooled 2,334
Public transportation (excluding taxicab) 1,386
Walked 1,563
Taxicab, motorcycle, bicycle, or other means 611
Worked at home 2,516

Lawrence, Kansas Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 26,077
Moved within same county 9,733
Moved from different county within same state 3,822
Moved from different state 3,273
Moved from abroad 287

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Lawrence, Kansas apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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