Lawrence, MA Rental Market Trends
Last updated: April 04, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Lawrence is $2,280, a 3.38% increase compared to the previous year, when the average rent was $2,206.
Studio Apartments at $1,929 offer the most budget-friendly option with 777 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 802 square feet for $2,149, balancing privacy and affordability.
Two-beedroom units at $2,379 offer 1,012 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,209 sq ft) for $2,758, suitable for larger households.
Average rent in Lawrence, MA
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,280 | 921 sq. ft. |
| Studio | $1,929 | 777 sq. ft. |
| 1 Bed | $2,149 | 802 sq. ft. |
| 2 Beds | $2,379 | 1,012 sq. ft. |
| 3 Beds | $2,758 | 1,209 sq. ft. |
Lawrence, MA rent trends
Rental prices in Lawrence, MA have increased by 3.38% over the past year. The average rent moved from $2,206 to $2,280.
What's the typical rent budget in Lawrence, MA?
The largest share of rentals in Lawrence, MA (51%) fall between $2,001-$2,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Lawrence, MA?
22,404 or 72% of the households in Lawrence, MA are renter-occupied while 8,738 or 28% are owner-occupied.
How Lawrence Compares to Other Cities
| City | Average Rent |
|---|---|
| Lawrence | $2,280 |
| Boston | $3,638 |
| Fall River | $2,052 |
| Worcester | $2,011 |
| Cambridge | $3,611 |
| Somerville | $3,410 |
| Quincy | $2,745 |
| Waltham | $3,022 |
| New Bedford | $2,068 |
| Weymouth Town | $2,503 |
| Lowell | $2,290 |
| Beverly | $2,724 |
| Nashua, NH | $2,176 |
| Lynn | $2,372 |
| Melrose, MA | $2,929 |
| Haverhill, MA | $2,458 |
| Woburn, MA | $2,728 |
| Peabody, MA | $2,755 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Lawrence apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.