8027 N Richardt Ave
IndianapolisIN46256
Cheap Homes for Rent in the Lawrence Neighborhood of Indianapolis, IN from $405 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Lawrence area of Indianapolis.
4651 Dean St
LawrenceIN46226
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$649Studio Apartments Available Now
4985 N Franklin Rd, Unit 9
4985 N Franklin RdIndianapolis, IN 46226
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$649Studio Apartments Available Now
4985 N Franklin Rd, Unit 35
4985 N Franklin RdIndianapolis, IN 46226
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$649Studio Apartments Available Now
4985 N Franklin Rd, Unit 42
4985 N Franklin RdIndianapolis, IN 46226
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$649Studio Apartments Available Now
4985 N Franklin Rd, Unit 19
4985 N Franklin RdIndianapolis, IN 46226
Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.
8254 Meadowlark Dr
IndianapolisIN46226
4939 Katherine Dr
IndianapolisIN46226
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$1,079Studio Apartments Available Now
Furnished Studio-Indianapolis - Lawrence
9515 Pendleton PikeIndianapolis, IN 46236
3823 Biscayne Rd
IndianapolisIN46226
3829 Biscayne Rd
IndianapolisIN46226
3821 Biscayne Rd
IndianapolisIN46226
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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Lawrence, Indianapolis, IN Local Guide
How much does it cost to rent a home in Lawrence?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lawrence 2 Bedroom Homes for Rent | $1,599 | $1,250 | $1,850 |
| Lawrence 3 Bedroom Homes for Rent | $1,689 | $1,000 | $2,500 |
| Lawrence 4 Bedroom Homes for Rent | $1,968 | $1,145 | $2,520 |
Browse Homes for Rent in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Lawrence Neighborhood of Indianapolis, IN.
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Lawrence, Indianapolis, IN Local Guide
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Cheapest Available Lawrence Apartments for Rent
The cheapest available apartment rental in the Lawrence area of Indianapolis, IN is a Studio unit found at Franklin Studios priced from $649. Postbrook East Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $745. Here are the most affordable Lawrence apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Franklin Studios | Studio | Studio,1BA | $649 |
| Postbrook East Apartments | 2bd TH Remodeled | 2BR,1BA | $745 |
| Willowood East | Studio | Studio,1BA | $760 |
| M Club Apartments | A1 | 1BR,1BA | $775 |
| Maison Gardens Apartments | 2 BDR Remodeled | 2BR,1BA | $780 |
Best Value Apartments for Rent in Lawrence, IN
As of September 07, 2026 the best value apartment in the Lawrence area is the $1.07 price per square foot 2 BR / 1.5 BA Model at Shadeland Terrace Townhomes w/Full Basements in the in the Southeast Indianapolis neighborhood starting from $1,395. The second greatest value Lawrence apartment is the 2 Bed 1 Bath Model at Brookhaven Apartments starting at $1,075 with a $0.91 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Lawrence apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Shadeland Terrace Townhomes w/Full Basements | 2 BR / 1.5 BA | 2BR,1.5BA | $1.07 |
| Brookhaven Apartments | 2 Bed 1 Bath | 2BR,1BA | $0.91 |
| Carriage House East | 3 Bedroom Townhome – Empowerment | 3BR,1.5BA | $1.27 |
| Postbrook East Apartments | 3 bd F Remod | 3BR,1BA | $1.07 |
| Lawrence Landing | Two Bedroom | 2BR,1.5BA | $1.04 |
| The Reserve at Franklin Glenn | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.30 |
| Apartments @ Marten Court | 2x1 | 2BR,1BA | $1.15 |
| Timber Point Apartments | The Ayers | 1BR,1BA | $1.12 |
| Jamestowne Apartments | Classic | 1BR,1BA | $1.17 |
| Maison Gardens Apartments | 1BD R | 1BR,1BA | $1.32 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleYour Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Best Local Schools in Lawrence, Indianapolis, IN
School data provided by Great Schools
Frequently Asked Questions about Lawrence
What type of rentals are currently available in Lawrence?
There are currently 79 Apartments for Rent in Lawrence, IN with pricing that ranges from $649 to $3,375. There are also 108 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lawrence ranging from $405 to $2,520.
What is the current price range for Rental Homes in Lawrence?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lawrence ranges from $405 to $2,520 with an average monthly rent of $1,763.
How much are larger Three and Four Bedroom Rentals in Lawrence?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lawrence range from $1,185 to $3,375, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,145 and Four Bedroom Apartments start at $1,375.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides
Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Written by: Wendy Melton
My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.
Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Written by: Wendy Melton
Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.
A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
Written by: Wendy Melton
Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
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The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.