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Lawrence, KS—66044

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$266,000
5.3% YoY Growth
Household Income
$56,300
46.4% YoY Growth
Days on Market
27
30.0% Shorter YoY
Home Price Forecast
3.0%
Median Rent
$1,100
4.3% YoY Growth
1-Bed Rent
$875
7.6% YoY Growth
2-Bed Rent
$1,100
9.0% YoY Growth
3-Bed Rent
$1,400
14.6% YoY Growth

Other Zip Codes in Lawrence, KS

660466604766049
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Lawrence, KS

As of Dec '25, the median home price in Lawrence, KS is $266,000, with a year-over-year change of 5.3%. This indicates that home prices in Lawrence, KS are increasing. According to Zillow, the 1-year price projection is 3.0%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$266,0005.3%
Single Family $270,0005.1%
Condos $165,0000.0%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $177,000
    2.3%
    2 Bed
    		$212,0007.1%
    3 Bed
    		$267,0004.7%
    4 Bed
    		$373,0005.7%
    5 Bed $503,9878.5%
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    % of Housing Stock

    Studio
    3.4%
    1 Bedroom
    13.3%
    2 Bedrooms
    36.9%
    3 Bedrooms
    28.4%
    4 Bedrooms
    15.5%
    5+ Bedrooms
    2.6%

    Rental Trends — Lawrence, KS

    As of July '25, Rentcast reports the average rent in Lawrence, KS is $1,200, with a year-over-year rent change of 4.3%. Per bedroom, the median rent as of July '25 in Lawrence, KS is studios: $722, 1-bedrooms: $911, 2-bedrooms: $1,210, 3-bedrooms: $1,570, 4-bedrooms: $1,980. The most common rental property sizes in Lawrence, KS are 2-bedroom and 1-bedroom, accounting for 38.5% and 21.4% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,100$1,200
    Studio Rent $625$722
    1 Bed Rent $875$911
    2 Bed Rent $1,100$1,210
    3 Bed Rent $1,400$1,570
    4 Bed Rent $1,500$1,980
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    % of Rental Stock

    Studio
    4.2%
    1 Bedroom
    21.4%
    2 Bedrooms
    38.5%
    3 Bedrooms
    20.1%
    4 Bedrooms
    13.3%
    5+ Bedrooms
    2.5%

    Property Listings — Lawrence, KS

    As of Dec '25, Realtor.com reports that the median days on market for a home in Lawrence, KS is 56. This is a decrease of -26.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 8.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$639,00054.0%
    Listing Count
    		57-15.0%
    Listings as % of Homes0.2%-15.0%
    Days on Market
    		27-30.0%
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    Demographics — Lawrence, KS

    As of the latest ACS Survey released in 2023, Lawrence, KS has a population of 29,100, which has increased by 1.2% over the past 5 years. Lawrence, KS is a less popular place for families, as children make up 11.8% of the population. The area has a highly educated workforce, with 53.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.6% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		29,1001.2%
    % Under 18
    		11.8%-7.1%
    % Seniors
    		10.3%47.1%
    % WFH
    		13.6%288.6%
    % w/ College Degree
    		53.6%13.8%
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    As of the latest ACS Survey released in 2023, Lawrence, KS is a predominantly white area, with 78.2% of the population identifying as white. The white population has shrunk by 3.7% in the last 5 years. The second most common race or ethnicity in Lawrence, KS is hispanic, making up 7.0% of the population. Foreign-born residents account for 4.5% of the population in Lawrence, KS, and this percentage has decreased by 15.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		78.2%-3.7%
    % Black
    		3.9%-7.1%
    % Hispanic
    		7.0%0.0%
    % Asian
    		3.0%-18.9%
    % Foreign Born
    		4.5%-15.1%
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    Mortgage and Risk — Lawrence, KS

    According to HUD data as of 2023, there were 245 mortgage originations in Lawrence, KS, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Lawrence, KS. Investor activity is high, as 16.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		245
    % Conventional Loans
    		88.0%
    % Government Loans
    		12.0%
    % Investor Loans
    		16.0%
    % Second Loans
    		2.0%
    % Cash Out Refinance
    		8.0%
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    Rentals and Section 8 — Lawrence, KS

    As of 2024, the percent of homes in Lawrence, KS under the Section 8 program is 4.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Lawrence, KS, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

    Section 8 Market Size

    Total Units under HUD
    		602
    Total Units Section 8
    		284
    % Rentals under Section 8
    		4.2%
    % Occupied Section 8
    		90.1%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$115$875$990
    2 Bedroom$40$1,100$1,140
    3 Bedroom$110$1,400$1,510
    4 Bedroom$310$1,500$1,810

    Affordability — Lawrence, KS

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4
    Median Home Price$266,000
    Median Household Income$56,300

    Lawrence, KS — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Lawrence

    66045

    Lawrence, KS

    66046

    Lawrence, KS

    66049

    Tonganoxie, KS

    66086

    Linwood, KS

    66052

    Frequently Asked Questions