Cheap Apartments for Rent in Lawrence, IN
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- Total price$876 - $1,320/moStudio-2 Beds1-2 BathsM Club Apartments | 7007 Courthouse Dr,
Indianapolis, IN 46226 - $944 - $1,275/mo1-2 Beds1-2 BathsBenjamin Court - A 55+ Community | 5810 Lee Rd,
Indianapolis, IN 46216 - $1,084 - $1,559/mo1-2 Beds1-2 BathsThe Lenox Apartment Homes | 5421 Calder Way,
Indianapolis, IN 46226 - $1,146 - $1,994/mo1-3 Beds1-2 BathsThe Fort Apartments | 9230 Memorial Park Dr,
Indianapolis, IN 46216 - $1,159 - $1,869/mo1-3 Beds1-2 BathsHarrison Place Apartments | 5812 Beatle Dr,
Indianapolis, IN 46216 - $1,210 - $1,401/mo2-3 Beds2 BathsThe Reserve at Franklin Glenn | 8016 Louisville Dr,
Indianapolis, IN 46226 - $1,319 - $2,245/mo1-3 Beds1-2 BathsThe Otis at Fort Ben Apartments | 9310 Otis Ave,
Indianapolis, IN 46216 Save Search in Lawrence, IN
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Average Rent Trends in Lawrence, IN
Rent in Lawrence, IN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Sep 2026 compared to the previous month. Rent previously peaked in May 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $1,764 |
| Nov 2025 | $1,721 |
| Dec 2025 | $1,606 |
| Jan 2026 | $1,518 |
| Feb 2026 | $1,475 |
| Mar 2026 | $1,531 |
| Apr 2026 | $1,450 |
| May 2026 | $1,418 |
| Jun 2026 | $1,510 |
| Jul 2026 | $1,500 |
| Aug 2026 | $1,576 |
| Sep 2026 | $1,573 |
Average Rent By Bedroom and Home Type
In September 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $950 | $1,132 | $1,750 | $2,350 | $1,550 |
| Townhomes | — | — | $1,425 | — | $1,425 |
| Apartments and Condos | $825 | $1,014 | $1,590 | — | $950 |
| Houses | — | $1,200 | $1,755 | $2,350 | $1,905 |
Frequently Asked Questions about Rentals in Lawrence, IN
- What is the average rent of an apartment in Lawrence, IN?The average rent of an apartment in Lawrence, IN is $1,029 per month. This is about 47% lower than the national average.
- What are the cheapest months to find an apartment to rent in Lawrence, IN?Last year, the cheapest month to find an apartment to rent was Jan 2025 when it was $1,595 per month.
- How many cheap apartments are available in Lawrence, IN?There are 50 apartments to rent that are cheaper than the city’s average rent of $1,550.
- When is the average rent most expensive in Lawrence, IN?In the last year, the average rent in Lawrence, IN was highest in May 2025 when it was $1,880 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Lawrence, IN?The average rent of a 1 bedroom apartment in Lawrence, IN is $950 per month. That is about $2 less than the cost of a studio apartment.
- What are some zip codes in Lawrence, IN?
- What are some cities near Lawrence, IN?Some nearby cities include: McCordsville, Cumberland, Fishers, Fortville, Spring Lake. These cities may have more rental options to explore.
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