Foreclosure Homes in Lawrence, KS 66049

Current Market Conditions in Lawrence, KS

The real estate market in Lawrence, KS, has shown resilience and steady growth, largely influenced by the presence of the university. This results in a consistent demand for rental properties from students and faculty, enhancing the investment potential for real estate investors.

Home prices in Lawrence are competitive, and there is a variety of listings available, making it an attractive option for both first-time homebuyers and seasoned investors. The market is characterized by a mix of older homes and new developments, providing opportunities across different price points.

Rent Prices In Lawrence, KS

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lawrence, KS, is on a rollercoaster ride. The average rent price in Lawrence, KS, is $1,448.00. Indeed, when looking to rent in Lawrence, KS, you can expect to pay as little as $540.00 or as much as $3,900.00, with the average rent median estimated to be $1,400.00. The good news is that finding an affordable and desirable property to rent in Lawrence, KS -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.