Lawrence, IN Real Estate

According to census data in the year 2000 there were 16,280 housing units in Lawrence. This represents a 40.1% growth from 11,621 in 1990.

Of those housing units, 16,087 were located in either urbanized areas or urban clusters, and 193 were located in what is classified as a rural area.

Homeownership rate in Lawrence is about 75.5%. Lawrence's vacancy rate, including seasonal lodging, is about 8.4%. Average household size is 2.61 people.

The majority of houses, apartments or condos in Lawrence were built after 1982.


Housing Size

Housing Units by Size
Studio Type1.80%
One Bedroom9.80%
Two Bedrooms25.20%
Three Bedrooms45.30%
Four Bedrooms16.10%
Five Bedrooms or more1.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.67
Median year structure was built1988
Median Value of occupied units$116,200
Median Price asked for vacant units$108,000

Rented Homes, Apartments and Condos

Average Household Size2.42
Median year structure was built1972
Median Monthly Rent asked for vacant units$472

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.70%
Second Mortgage13.50%
Home Equity Loan10.50%
Simple Mortgage62.10%
Debt Free13.20%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.6%