Home prices
The value of the median home in Lawrence is $148,700. In comparison to nearby areas it is approximately $188,240 (55%) lower.It is roughly $68,800 (31%) lower in comparison to the rest of the nation, and is approximately $52,000 (25%) lower in comparison to the city of Bloomington.
Rents
The median monthly rent in Lawrence is $903. In comparison to its nearby areas it is roughly $618 (40%) lower.In comparison to the nation as a whole it is roughly $159 (14%) lower, and is about $14 (1%) lower in comparison to the city of Bloomington.
Nearby places
McCordsville
McCordsville is Lawrence's neighbor to the northeast. Its real estate prices are substantially more expensive. The median home in McCordsville costs $230,000, which works out to $81,300 (35%) higher than Lawrence. Rent there is a bit more expensive. In McCordsville the median rent is $1,228 per month, which works out to $325 (26%) higher than Lawrence.
Cumberland
Cumberland is approximately 6 miles south from Lawrence. Its housing prices are similar. Cumberland's median home price is $156,300, which is $7,600 (4%) higher than Lawrence. Its rents are a bit less expensive. Cumberland's median monthly rent is $835, which is $68 (8%) lower than Lawrence.
Fishers
Fishers is roughly 6 miles north of Lawrence. Housing prices there are substantially more expensive. The median home value in Fishers is $264,200, which works out to $115,500 (43%) higher than Lawrence. The rent there is somewhat more expensive. The median monthly rent in Fishers is $1,250, which comes out to $347 (27%) higher than Lawrence.
Warren Park
Warren Park is about 6 miles southwest of Lawrence. The real estate prices there are a bit less expensive. The median home value in Warren Park is $136,500, which comes out to $12,200 (8%) lower than Lawrence. Rent there is a bit less expensive. Warren Park's median monthly rent is $792, which is $111 (14%) lower than Lawrence.
Williams Creek
Williams Creek is approximately 7 miles west of Lawrence. The real estate prices there are a lot more expensive. The median home cost in Williams Creek is $897,700, which comes out to $749,000 (83%) higher than Lawrence. Rent there is substantially more expensive. Williams Creek's median monthly rent is $3,501, which is $2,598 (74%) higher than Lawrence.