Rental market snapshot for Lawrence, Massachusetts

Lawrence, Massachusetts Rental Property Market Overview

Lawrence, Massachusetts is a city located in Essex County with a population of 88,508 as of 2021, according to the US Census. It is a diverse city with a rich history, boasting a variety of cultural attractions, restaurants, and entertainment. Lawrence is home to a number of parks, museums, and other attractions, making it a great place to live and visit.

The average rent for an apartment in Lawrence is $2,178. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Lawrence Massachusetts | Cost of Living

  • The most expensive ZIP code in Lawrence is 01841 with an average price of $2,454.
  • The cheapest ZIP code in Lawrence is 01840 with an average price of $2,209.

Lawrence ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
101841$2,454
201843$2,235
301840$2,209

Live near Lawrence, Massachusetts's Top Sights and Attractions

Plainsman Park is a large outdoor recreational area located in the heart of Lawrence. It features a variety of activities for visitors of all ages, including a playground, walking trails, picnic areas, and a large open field. The park also has a basketball court, a baseball diamond, and a skate park. The park is well-maintained and offers a peaceful and relaxing atmosphere for visitors.

Lawrence Riverfront State Park is a scenic park located along the Merrimack River. It features a boardwalk, picnic areas, and a fishing pier. There are also walking trails and a playground for children. The park is a great spot for bird watching, with a variety of species including ospreys, herons, and ducks. The park also offers stunning views of the river and the surrounding area.

Oneill Park is a large public park located in a residential area of Lawrence, Massachusetts. It features a large playground, a basketball court, a baseball field, a soccer field, and a walking path. There is also a picnic area with tables and benches, and a pond with ducks and geese. The park is well-maintained and provides a great place for families to spend time together.

Sullivan Park is a picturesque outdoor area located in a residential neighborhood. It features a large grassy field, a playground, a basketball court, and a walking path. The park also has a gazebo, picnic tables, and benches. It is a great place to take a stroll, have a picnic, or just relax and enjoy the scenery.

Mullaney Park is a large public park located in a residential area. It features a variety of amenities, including a playground, basketball court, baseball field, walking trails, and picnic areas. The park also has a large pond, which is home to a variety of wildlife, including ducks, geese, and turtles. The park is a popular destination for families, with plenty of activities to keep everyone entertained.

Oconnell South Common is a scenic park located in Lawrence, Massachusetts. It features a large grassy area, perfect for picnics and outdoor activities, as well as a playground and basketball court. The park also has a pond, which is home to a variety of wildlife, and a walking path that winds through the trees. The park is a great spot for a peaceful stroll or a fun day out with the family.

Lieutenant Colonel Edward J Higgins Memorial Swimming Pool is a public outdoor pool located in a residential area. It features a 25-meter pool with six lanes, a diving well with two one-meter boards, and a kiddie pool. The facility also offers a variety of amenities, including a snack bar, locker rooms, and a sun deck. The pool is open seasonally and offers a variety of programs, such as swimming lessons, water aerobics, and lap swimming.

Cronin Park is a popular outdoor destination located in the heart of Lawrence, Massachusetts. It features a large pond, walking trails, and a playground. The park also has a variety of sports fields, including baseball, softball, and soccer, as well as a basketball court. The pond is a great spot for fishing and boating, and there are picnic tables and grills available for visitors to use. The park is a great place to spend a day outdoors, with plenty of activities for all ages.

Storrow Park is a scenic outdoor area located along the Merrimack River. It features a large grassy area, perfect for picnics, as well as a paved walking path that winds along the river. There are also several benches and gazebos, providing a great spot to relax and take in the views. The park is also home to a variety of wildlife, including ducks, geese, and other birds.

Campagnone Common is a beautiful public park located in the heart of a bustling city. It features a large open green space, perfect for picnics, sunbathing, or just enjoying the outdoors. The park also has a playground, basketball court, and a gazebo, making it a great spot for families to spend time together. The Common is also home to a variety of events throughout the year, including concerts, festivals, and art shows. With its lush landscaping and inviting atmosphere, Campagnone Common is a great place to relax and take in the beauty of the city.

Lawrence, Massachusetts area median rent change by ZIP code map

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How does Lawrence compare to other cities in Massachusetts?

citymedian price
Needham$3,500
Medford$3,290
Brockton$3,200
Hopkinton$2,860
Westborough$2,780
Kingston$2,750
Amherst$2,575
Randolph$2,300
Chelmsford$2,174

Average household income in Lawrence area graph - US Census

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The median household income in Lawrence in 2021 was $47,542. This represents a 48.9% change from 2011 when the median was $31,931.

#categorypercent
0Less than $10,0009.4%
1$10,000 to $14,99910.3%
2$15,000 to $19,9994.2%
3$20,000 to $24,9994.8%
4$25,000 to $29,9994.9%
5$30,000 to $34,9995.1%
6$35,000 to $39,9995.5%
7$40,000 to $44,9995.7%
8$45,000 to $49,9994.8%
9$50,000 to $59,9997.0%
10$60,000 to $74,9999.8%
11$75,000 to $99,99912.2%
12$100,000 to $124,9996.4%
13$125,000 to $149,9992.7%
14$150,000 to $199,9994.9%
15$200,000 or more2.2%

Neighborhoods in Lawrence

We currently do not have this data but we are working to add this soon.

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Lawrence is $2,178.
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