Cheap Homes for Rent in Lawrence, IN from $800 (24 Rentals)

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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
Vineyards ApartmentsStudio ApartmentStudio,1BA$757
Serenity Park Apartments1 Bedroom 1 Bath1BR,1BA$769
Spanish OaksStudioStudio,1BA$799

Best Value Apartments for Rent in Lawrence, IN and Nearby

As of August 05, 2025 the best value apartment in the Lawrence area is the $1.30 price per square foot Aspen Model at Meridian Homes at Sycamore Drive in the in the Admirals Landing neighborhood starting from $2,530. The second greatest value Lawrence apartment is the 3 Bedroom Townhome Empowerment Model at Carriage House East starting at $1,422 with a $1.29 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Meridian Homes at Sycamore DriveAspen4BR,2.5BA$1.30
Carriage House East3 Bedroom Townhome Empowerment3BR,1.5BA$1.29
Lawrence LandingTwo Bedroom2BR,1.5BA$1.08
Timber Point ApartmentsThe Bonelli2BR,2BA$1.03
Brookhaven Apartments1 Bed 1 Bath1BR,1BA$0.86
Apartments @ Marten Court2x1 with washer/dryer2BR,1BA$1.23
Frederick SquareFrederick Square 2 bedroom2BR,1BA$1.17
Heritage Apartments2 Beds, 1 Baths2BR,1BA$1.31
The Life at Harrison Trails2 BED 1 BATH2BR,1BA$1.30
Serenity Park Apartments1 Bedroom 1 Bath1BR,1BA$1.29

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Frequently Asked Questions about Lawrence

What type of rentals are currently available in Lawrence?

There are currently 124 Apartments for Rent in Lawrence, IN with pricing that ranges from $725 to $3,307. There are also 175 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lawrence ranging from $895 to $6,800.

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 $895 to $6,800 with an average monthly rent of $1,710.

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 $1,210 to $3,307, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $2,650. Four Bedroom Single-Family rentals are also available starting from $1,495 and Four Bedroom Apartments start at $1,400.

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.