
Cheap Homes for Rent in Downtown University Neighborhood of Lawrence, KS from $800 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown University area of Lawrence.


1300 Kentucky St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

1708 Kentucky St

1218 Connecticut St
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.

2326 Harvard Rd
Downtown University, Lawrence, KS Local Guide

How much does it cost to rent a home in Downtown University?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown University 2 Bedroom Homes for Rent | $1,248 | $850 | $1,495 |
| Downtown University 3 Bedroom Homes for Rent | $1,835 | $1,500 | $2,500 |
| Downtown University 4 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Downtown University Neighborhood of Lawrence, KS.
Explore Lawrence
Downtown University, Lawrence, KS Local Guide
- Nearby Lawrence neighborhoods
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Cheapest Available Downtown University Apartments for Rent
 The cheapest available apartment rental in the Downtown University area of Lawrence, KS is a Studio unit found at Union Flats & Townhomes priced from $900. 700 Mass Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here are the most affordable Downtown University apartments for rent in Lawrence, KS:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Union Flats & Townhomes | S1 ARTISAN | Studio,1BA | $900 |
| 700 Mass Apartments | 734-B | 1BR,1BA | $900 |
| Highpointe Apartments | 1 Bedroom | 1BR,1BA | $950 |
Best Value Apartments for Rent in Downtown University, KS
As of June 11, 2026 the best value apartment in the Downtown University area is the $1.22 price per square foot 3BR - Upgraded Model at Sunrise Terrace in the in the Centennial neighborhood starting from $1,295. The second greatest value Downtown University apartment is the 1215 Tennessee St Model at 1215 Tennessee St starting at $1,650 with a $1.65 price per square foot in the Centennial neighborhood. Here is today’s list of the best values for Downtown University apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sunrise Terrace | 3BR - Upgraded | 3BR,2BA | $1.22 |
| 1215 Tennessee St | 1215 Tennessee St | 2BR,1BA | $1.65 |
| West Hills | 2x1.5 Classic | 2BR,1.5BA | $1.21 |
| Sagebrook on 9th | Two Bedroom Townhome | 2BR,1.5BA | $1.14 |
| Highpointe Apartments | 1 Bedroom | 1BR,1BA | $1.41 |
| 700 Mass Apartments | 847-C | 1BR,1BA | $2.05 |
| Fieldhouse View | 1x1 | 1BR,1BA | $1.76 |
| 2020 W 9th St, Unit 1 | 2020 W 9th St | 1BR,1BA | $1.90 |
| Union Flats & Townhomes | S1 ARTISAN | Studio ,1BA | $2.08 |
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 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.
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.
Pet Friendly LifestyleDowntown University, Lawrence, KS
Ranked #20
Among cities in Kansas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Downtown University, Lawrence, KS
Lawrence Liberty Memorial Central Mid School
School data provided by Great Schools
Frequently Asked Questions about Downtown University
What type of rentals are currently available in Downtown University?
There are currently 135 Apartments for Rent in Downtown University, KS with pricing that ranges from $439 to $3,600. There are also 13 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown University ranging from $845 to $7,500.
What is the current price range for Rental Homes in Downtown University?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown University ranges from $845 to $7,500 with an average monthly rent of $2,985.
How much are larger Three and Four Bedroom Rentals in Downtown University?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown University range from $439 to $1,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $2,500. Four Bedroom Single-Family rentals are also available starting from $3,500 and Four Bedroom Apartments start at $509.
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.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.