
Cheap Homes for Rent in Lawrence Neighborhood of Indianapolis, IN from $300 (27 Rentals)
Search the lowest-cost Homes available for rent right now in the Lawrence area of Indianapolis.


Furnished Studio-Indianapolis - Lawrence

4159 N Ridgeview Dr

8161 Schoen Dr

8161 Schoen Dr

8524 Georgiana Ln
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

4739 N Mitchner Ave

8709 Montery Rd

3931 Arquette Dr

7350 Austin Dr

3827 Monica Ct

3926 Malibu Dr
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

8515 Georgiana Ln

4719 Wellington Ave

8816 Montery Ct

4619 N Richardt Ave

8724 Montery Rd

4769 N Mitchner Ave
Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

4769 N Mitchner Ave

3902 N Mitthoefer Rd

9525 E 39th Pl

4836 N Kitley Ave

10455 Candy Apple Ln

4431 Greenmeadow Ct
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

7301 Austin Dr

4026 Baker Dr

10206 Meadowlark Dr
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 | $1,190 | $1,190 | $1,190 |
| Lawrence 3 Bedroom Homes for Rent | $1,654 | $1,175 | $3,400 |
| Lawrence 4 Bedroom Homes for Rent | $1,982 | $1,300 | $2,739 |
| Lawrence 5 Bedroom Homes for Rent | $1,495 | $1,495 | $1,495 |
Browse Homes for Rent in this Neighborhood
There are currently 27 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 2 Beds unit found at Jamestowne Apartments priced from $625. Franklin Studios has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here are the most affordable Lawrence apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Jamestowne Apartments | New | 2BR,1BA | $625 |
| Franklin Studios | Studio | Studio,1BA | $725 |
| Autumn Trails Apartments | The Maple | Studio,1BA | $749 |
| The Vineyards Apartment Homes | Studio Classic | Studio,1BA | $799 |
| Brookhaven Apartments | 1 Bed 1 Bath | 1BR,1BA | $825 |
| Lake Castleton Apartments | Congressional | 1BR,1BA | $896 |
| Timber Point Apartments | The Bonelli | 2BR,2BA | $905 |
| M Club Apartments | B1 | 2BR,1BA | $917 |
| Fountainview Apartments | Oasis | 1BR,1BA | $925 |
| Apartments @ Marten Court | 1x1 | 1BR,1BA | $925 |
Best Value Apartments for Rent in Lawrence, IN
As of January 27, 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 | $1.37 |
| Timber Point Apartments | The Bonelli | 2BR,2BA | $0.91 |
| Benjamin Court | Two Bedroom Two Baths | 2BR,2BA | $1.43 |
| Apartments @ Marten Court | 2x1 with washer/dryer | 2BR,1BA | $1.23 |
| Jamestowne Apartments | Existing | 2BR,1BA | $1.39 |
| Fountainview Apartments | Vista | 2BR,1BA | $1.40 |
| Lawrence Landing | One Bedroom | 1BR,1BA | $1.10 |
| The Lenox Apartment Homes | 1 Bed 1 Bath Apartment - Renovated | 1BR,1BA | $1.37 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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 ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
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 80 Apartments for Rent in Lawrence, IN with pricing that ranges from $725 to $2,830. There are also 123 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lawrence ranging from $380 to $3,400.
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 $380 to $3,400 with an average monthly rent of $1,340.
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 $1,170 to $2,830, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,175 to $3,400. Four Bedroom Single-Family rentals are also available starting from $1,300 and Four Bedroom Apartments start at $975.
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

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.

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.

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.
Articles, How-To's, and Tips

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.