Home prices
The median home value in Lawrence is $271,100. Compared to its nearby areas it is approximately $117,220 (30%) lower.It is about $53,600 (24%) higher in comparison to the rest of the country, and is roughly $261,600 (49%) lower compared to the city of Boston.
Rents
The median monthly rent in Lawrence is $1,145. In comparison to its surrounding areas this is about $172 (13%) lower.In comparison to the rest of the nation it is roughly $83 (7%) higher, and it is roughly $475 (29%) lower in comparison to the city of Boston.
Nearby places
Methuen Town
Methuen Town is Lawrence's neighbor to the northwest. Its housing prices are a bit more expensive. The cost of the median home in Methuen Town is $333,200, which comes out to $62,100 (18%) higher than Lawrence. Rent there is somewhat more expensive. Methuen Town's median monthly rent is $1,233, which works out to $88 (7%) higher than Lawrence.
Andover
Andover is approximately 3 miles south of Lawrence. The housing prices there are a lot more expensive. The cost of the median home in Andover is $564,200, which is $293,100 (51%) higher than Lawrence. Its rents are a little less expensive. In Andover the median rent is $1,006 a month, which is $139 (13%) lower than Lawrence.
Haverhill
Haverhill is approximately 6 miles northeast from Lawrence. The housing prices there are a little more expensive. The median home cost in Haverhill is $300,600, which is $29,500 (9%) higher than Lawrence. Its rents are somewhat more expensive. The median monthly rent in Haverhill is $1,208, which is $63 (5%) higher than Lawrence.
Lowell
Lowell is about 7 miles southwest of Lawrence. Housing prices there are fairly similar. The median home in Lowell costs $269,800, which is very similar to Lawrence. The rent there is pretty similar. Lowell's median rent is $1,158 a month, which works out to $13 (1%) higher than Lawrence.
Wilmington
Wilmington is approximately 9 miles south from Lawrence. The real estate prices there are significantly more expensive. The price of the median home in Wilmington is $473,800, which is $202,700 (42%) higher than Lawrence. Rents there are substantially more expensive. The median monthly rent in Wilmington is $1,981, which works out to $836 (42%) higher than Lawrence.
