Cheap Homes for Rent in Lawrence, IN from $700 (23 Rentals)

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property at 5915 Devington Rd

5915 Devington Rd

IndianapolisIN46226

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.

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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.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-23, Page 1 of 1

Lawrence, IN Local Guide

Cheapest Available Lawrence Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lawrence, IN is a Studio unit found at Franklin Studios in the Far Eastside neighborhood priced from $725. Autumn Trails Apartments in the Southeast Indianapolis neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $749. Here is today’s list of the most affordable Lawrence apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Franklin StudiosStudioStudio,1BA$725
Autumn Trails ApartmentsThe MapleStudio,1BA$749
Serenity Park Apartments1 Bedroom 1 Bath1BR,1BA$769
Kingston Square ApartmentsThe AshStudio,1BA$829
Spanish OaksStudioStudio,1BA$829

Best Value Apartments for Rent in Lawrence, IN and Nearby

As of June 20, 2025 the best value apartment in the Lawrence area is the $1.27 price per square foot The Kensington II Model at Gateway Crossing Apartments in the in the Admirals Landing neighborhood starting from $1,419. The second greatest value Lawrence apartment is the 2 Bed 2 Bath Apartment w/Den - Renovated Model at Lenox Apartments starting at $1,400 with a $1.31 price per square foot in the Far Eastside neighborhood. Here is today’s list of the best values for Lawrence apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Gateway Crossing ApartmentsThe Kensington II2BR,2BA$1.27
Lenox Apartments2 Bed 2 Bath Apartment w/Den - Renovated2BR,2BA$1.31
Lawrence LandingTwo Bedroom2BR,1.5BA$1.08
Carriage House East2 Bedroom Townhome Confidence2BR,1.5BA$1.11
Brookhaven Apartments1 Bed 1 Bath1BR,1BA$0.89
Apartments @ Marten Court2x1 with washer/dryer2BR,1BA$1.23
Frederick SquareFrederick Square 2 bedroom2BR,1BA$1.16
Timber Point ApartmentsThe Ayers1BR,1BA$1.15
The Life at Harrison Trails1 BED 1 BATH A (LOFT)1BR,1BA$1.26
Serenity Park Apartments1 Bedroom 1 Bath1BR,1BA$1.29

Quick Rent Budget Calculator

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Frequently Asked Questions about Lawrence

What type of rentals are currently available in Lawrence?

There are currently 121 Apartments for Rent in Lawrence, IN with pricing that ranges from $380 to $4,500. There are also 200 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lawrence ranging from $795 to $2,800.

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 $795 to $2,800 with an average monthly rent of $1,649.

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 $1,215 to $3,353, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $2,750. Four Bedroom Single-Family rentals are also available starting from $1,450 and Four Bedroom Apartments start at $1,360.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.