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Average Rent in Lawrence, MA & Rent Trends

Rent prices and market trends across 8 apartment communities in Lawrence, MA. Updated daily.

Area All Areas
Methuen 01844
North Andover 01845

Market Average

$2,632/mo

Lowest Available

$1,740/mo

cheapest unit on market

Communities

8

tracked daily

Units Listed

45

available now

Rent Watch: cuts and increases

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See current options while we confirm new price comparisons. Filter by bedrooms and budget, then inspect each building’s history.

Rent by Neighborhood in Lawrence, MA

Compare average rent across Lawrence, MA neighborhoods. Click any area to see detailed trends. View these neighborhoods on the rent map

Neighborhood Avg Rent 30d Change From Properties Units
North Andover 01845 $2,856 ▲  $36 $2,295 2 21
Methuen 01844 $2,583 ▼  $265 $1,925 2 15
Lawrence 01843 $2,378 ▲  $31 $2,080 2 10
Lawrence 01840 $2,333 ▲  $12 $1,925 2 31
Lawrence 01841 $1,740 ▲  $19 $1,740 1 3

Is Rent Going Up or Down in Lawrence, MA?

As of October 2026, the average rent in Lawrence, MA is $2,632 per month across 8 apartment communities and 45 available units.

The most affordable option is Loft Five50 starting at $1,740/mo. By unit type, a 2-bedroom averages $2,632/mo.

Prices range from $1,740 to $3,399 per month. The most common price point is the $2,400 range, where 12 units are currently listed.

Lawrence, MA Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
June 2026 $2,434 - 5
July 2026 $2,389 -$45 9
August 2026 $2,408 +$19 9
September 2026 $2,437 +$29 9
October 2026 $2,555 +$118 6

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Rent Price Distribution

Rent by Bedroom Type in Lawrence, MA

2 Bed
$2,632
from $1,740 · 45 units

Rent Prices by Apartment in Lawrence, MA

Property Starting at Average Units Rating
Loft Five50 $1,740/mo $1,740/mo 3 4.3
Pacific Mill Lofts $2,250/mo $2,260/mo 3 4.1
Saunders Crossing $2,320/mo $2,360/mo 2 3.5
Washington Mill $2,363/mo $2,520/mo 14 4.1
Royal Crest $2,499/mo $2,794/mo 10 3.8
Riverwalk Lofts $2,700/mo $2,700/mo 3 3.2
Summit Place $2,799/mo $2,973/mo 7 4.1

Frequently Asked Questions About Rent in Lawrence, MA

What is the average rent in Lawrence, MA?

The average rent in Lawrence, MA is $2,632 per month as of October 2026, based on 45 units across 8 apartment communities.

Is rent going up or down in Lawrence, MA?

The current average rent in Lawrence, MA is $2,632/mo, refreshed daily to track rent trends.

What is the cheapest apartment in Lawrence, MA?

The most affordable apartment in Lawrence, MA is Loft Five50 with units starting at $1,740/mo.

How many apartments are available in Lawrence, MA?

There are 45 units available across 8 apartment communities in Lawrence, MA.

What salary do I need to live comfortably in Lawrence, MA?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$105,000/year

Based on the 30 percent rule, using our tracked average rent of $2,632/mo.

Comfortable income

$126,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,740/mo), you need to earn at least $70,000/year.

Median household income in Lawrence, MA is $57,903 , about 54% below the comfortable-living threshold.

Cost of living in Lawrence, MA

Overall prices in Lawrence, MA runs above the national average by about 10% (BEA Regional Price Parity index 110.4, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Lawrence, MA's regional price parities.

Category Monthly estimate
Rent (market average) $2,632
Utilities $637
Groceries $544
Transportation $1,520
Healthcare $741
Other goods and services $1,186
Estimated total $7,260/mo

Population

88,297

Median household income

$57,903

Census median rent

$1,569/mo

Census rent burden

34.6%

Median age

32.6

Mean commute

23 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

Explore Lawrence, MA Apartments

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