
Cheap Homes for Rent in Lawrence Neighborhood of Indianapolis, IN from $700 (20 Rentals)
Search the lowest-cost Homes available for rent right now in the Lawrence area of Indianapolis.


3901 Chateau Dr

4006 N Pasadena St

4430 N Longworth Ave

8826 Bel Air Ct

10104 Meadowlark Dr

4155 N Kitley Ave

8254 Meadowlark Dr

8061 Harrison Dr

6642 E 46th St
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

4407 N Mitchner Ave

5014 Katherine Dr

7601 Carlton Arms Dr

4712 N Kitley Ave

4934 N Kenyon Dr

4934 N Kenyon Dr

4530 Peachwood Ct

8537 E 42nd Pl

6522 Meadowlark Dr

4944 Karen Dr
Lawrence - One of the Best Affordable Neighborhoods in Indianapolis
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!
Lawrence, Indianapolis, IN Local Guide

How much does it cost to rent a home in Lawrence?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lawrence 2 Bedroom Homes for Rent | $1,523 | $1,195 | $2,075 |
Lawrence 3 Bedroom Homes for Rent | $1,679 | $700 | $2,550 |
Lawrence 4 Bedroom Homes for Rent | $2,028 | $1,650 | $2,385 |
Lawrence 5 Bedroom Homes for Rent | $2,295 | $2,295 | $2,295 |
Browse Homes for Rent in this Neighborhood
There are currently 20 rentals with your search options within a 2 mile radius of the Lawrence Neighborhood of Indianapolis, IN.
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Lawrence, Indianapolis, IN Local Guide
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Cheapest Available Lawrence Apartments for Rent
 The cheapest available apartment rental in the Lawrence area of Indianapolis, IN is a Studio unit found at Franklin Studios priced from $725. Autumn Trails Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $749. Here are the most affordable Lawrence apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Franklin Studios | Studio | Studio,1BA | $725 |
Autumn Trails Apartments | The Maple | Studio,1BA | $749 |
Vineyards Apartments | Studio Apartment | Studio,1BA | $761 |
Serenity Park Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $769 |
Lenox Apartments | 1 Bed 1 Bath Apartment - Upgraded | 1BR,1BA | $818 |
Best Value Apartments for Rent in Lawrence, IN
As of April 17, 2025 the best value apartment in the Lawrence area is the $1.36 price per square foot Beaumont Model at The Residences on 56th Street in the in the Far Eastside neighborhood starting from $1,469. The second greatest value Lawrence apartment is the 2 Bed 2 Bath Apartment w/Den - Renovated Model at Lenox Apartments starting at $1,137 with a $1.06 price per square foot in the Far Eastside neighborhood. Here is today’s list of the best values for Lawrence apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Residences on 56th Street | Beaumont | 3BR,2BA | $1.36 |
Lenox Apartments | 2 Bed 2 Bath Apartment w/Den - Renovated | 2BR,2BA | $1.06 |
Parkside at Castleton Square Apartments and Townhomes | Two Bedroom 2 Bath | 2BR,2BA | $1.40 |
Brookhaven Apartments | 1 Bed 1 Bath | 1BR,1BA | $0.86 |
Apartments @ Marten Court | 2x1 with washer/dryer | 2BR,1BA | $1.23 |
Reserve at Franklin Glen | 2BR2B- Reserve at Franklin Glen | 2BR,2BA | $1.31 |
Carriage House East | 2 Bedroom Apartment Optimism | 2BR,1BA | $1.18 |
Fountainview Apartments | 2BR/1BA | 2BR,1BA | $1.45 |
Timber Point Apartments | The Ashland | 1BR,1BA | $1.13 |
Serenity Park Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.29 |
Quick Rent Budget Calculator
How much rent can you afford?
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Frequently Asked Questions about Lawrence
What type of rentals are currently available in Lawrence?
There are currently 74 Apartments for Rent in Lawrence, IN with pricing that ranges from $725 to $4,339. There are also 119 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lawrence ranging from $700 to $2,550.
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 $2,550 with an average monthly rent of $1,881.
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 $1,180 to $4,339, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $2,550. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $1,435.
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.

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
Written by: Wendy Melton
Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.