Cheap Homes for Rent in Lawrence, KS from $700 (20 Rentals)

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Search the lowest-cost Homes available for rent right now in Lawrence.

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property at 505 Colorado St

505 Colorado St

LawrenceKS66044
property at 3220 Cardinal Dr

3220 Cardinal Dr

LawrenceKS66049

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Lawrence, KS Local Guide

Cheapest Neighborhoods for Apartments in Lawrence, KS

Pricing Updated: 06/06/2025

Current apartment rentals in the Lawrence, KS area range in price from $625 to $2,450 with an overall median price of $1,467. The three Lawrence neighborhoods with the lowest median rent pricing are Oread at $650, Barker at $650, and Prairie Park at $695. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Lawrence Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Oread$1,247$65012
Barker$1,250$65043
Prairie Park$1,250$69523
Southridge$1,250$65033
Centennial$1,299$65050
University Place$1,312$65048
Schwegler$1,357$62548
East Lawrence$1,362$69533
South Hills$1,395$65026
Outer Clinton 23rd Street Corridor$1,420$62580

Cheapest Available Lawrence Apartments for Rent

 

The cheapest available apartment rental in Lawrence, KS is a Studio unit found at Union Flats & Townhomes in the Centennial neighborhood priced from $695. The Landing Lawrence in the Centennial neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $700. Here is today’s list of the most affordable Lawrence apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Union Flats & TownhomesStudio, 1 bathStudio,1BA$695
The Landing LawrenceD1 - 4x44BR,4BA$700
The Links at Kansas I/IIClassic Deluxe IV1BR,1BA$855
Highpointe Apartments1 Bedroom1BR,1BA$910
Autumn and August Place ApartmentsOne Bedroom w/Hookup1BR,1BA$925

Best Value Apartments for Rent in Lawrence, KS

As of June 06, 2025 the best value apartment in the Lawrence area is the $1.07 price per square foot Three Bedroom Model at Sagebrook Townhomes in the in the Centennial neighborhood starting from $1,600. The second greatest value Lawrence apartment is the 3x3.5 Cottage Model at The Collective at Lawrence starting at $895 with a $0.67 price per square foot in the Centennial 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.
Sagebrook TownhomesThree Bedroom3BR,2.5BA$1.07
The Collective at Lawrence3x3.5 Cottage3BR,3.5BA$0.67
Union at the Loop3 Bed 2 Bath3BR,2BA$1.13
Harper Square ApartmentsThree Bedroom3BR,2BA$1.08
Sunrise Terrace3BR - Upgraded3BR,2BA$1.17
The Landing LawrenceC1 - 3x33BR,3BA$0.79
Village 1 / Hawk's Landing2x12BR,1BA$1.13
Prairie Commons - 55+ Senior CommunityB12BR,1BA$1.34
AberdeenA11BR,1BA$1.35
Highpointe Apartments1 Bedroom1BR,1BA$1.35

Quick 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.

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Frequently Asked Questions about Lawrence

What type of rentals are currently available in Lawrence?

There are currently 283 Apartments for Rent in Lawrence, KS with pricing that ranges from $625 to $2,450. There are also 53 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lawrence ranging from $700 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 $700 to $3,400 with an average monthly rent of $1,834.

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 $640 to $2,175, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $3,100. Four Bedroom Single-Family rentals are also available starting from $1,775 and Four Bedroom Apartments start at $625.

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

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

Written by: Lauren Harrington

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

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