Lawrence, KS housing market
Typical home value
$333K
▲ 3.3% 1 yr
Typical rent
$1,580/mo
▲ 4.7% 1 yr
Gross rent yield
5.7%
U.S. 6.3%
5-year home value change
+29%
U.S. +20%
Key takeaways
- 1The typical home in Lawrence is worth $332,513, up 3.3% over the past year and up 29% over five years.
- 2Typical rent is $1,580 a month (+4.7% YoY), a gross rent yield of 5.7% (above the Lawrence, KS metro's 5.6%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $1,827/mo, $247 more than typical rent.
- 4Zillow forecasts the Lawrence, KS metro's home values to change +3.1% over the next 12 months.
Market temperature (Lawrence, KS metro)
Neutral market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 47/100, #184 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Lawrence compares
| Measure | Lawrence | Lawrence, KS metro | United States |
|---|---|---|---|
| Typical home value | $332,513 | $335,609 | $366,157 |
| Home value, 1-yr change | +3.3% | +3.4% | +1.2% |
| Typical rent | $1,580 | $1,563 | $1,932 |
| Rent, 1-yr change | +4.7% | +4.5% | +2.7% |
| Gross rent yield | 5.7% | 5.6% | 6.3% |
| Price-to-rent ratio | 17.5 | 17.9 | 15.8 |
| Mortgage P&I, typical home | $1,827 | $1,844 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Lawrence rental, pre-filled.
Rent vs buy in Lawrence
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $333K home.
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.