Cheap Homes for Rent in Lawrence, IN from $900 (36 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 3901 Chateau Dr

3901 Chateau Dr

IndianapolisIN46226

Lawrence, IN Local Guide

Cheapest Available Lawrence Apartments for Rent

 

The cheapest available apartment rental in Lawrence, IN is a 1 Bed unit found at 8027 N Richardt Ave priced from $400. 5329 Hedgerow Dr has the second lowest priced unit, which is a 1 Bed apartment currently listed from $411. Here is today’s list of the most affordable Lawrence apartments for rent:

Apartment ListingModel NameBed/BathPriced From
8027 N Richardt Ave8027 N Richardt Ave1BR,1BA$400
5329 Hedgerow Dr5329 Hedgerow Dr1BR,1BA$411
Franklin StudiosStudioStudio,1BA$725
Autumn Trails ApartmentsThe MapleStudio,1BA$749
Serenity Park Apartments1 Bedroom 1 Bath1BR,1BA$769
Brookhaven Apartments1 Bed 1 Bath1BR,1BA$825
Apartments @ Marten Court1x11BR,1BA$829
Kingston Square ApartmentsThe AshStudio,1BA$879
Vineyards Apartments1 Bedroom Apartment1BR,1BA$887
Fountainview Apartments1BR/1BA1BR,1BA$925

Best Value Apartments for Rent in Lawrence, IN

As of March 25, 2025 the best value apartment in the Lawrence area is the $0.76 price per square foot 11319 Congaree Way Model at 11319 Congaree Way in the in the Southeast Indianapolis neighborhood starting from $2,230. The second greatest value Lawrence apartment is the 6591 W Irving Dr Model at 6591 W Irving Dr starting at $2,295 with a $0.87 price per square foot . 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.
11319 Congaree Way11319 Congaree Way4BR,2.5BA$0.76
6591 W Irving Dr6591 W Irving Dr4BR,2.5BA$0.87
5355 Pelham Way5355 Pelham Way4BR,2.5BA$0.92
6241 N Woodhaven Dr6241 N Woodhaven Dr3BR,2.5BA$0.92
12523 Doe Ln12523 Doe Ln4BR,2.5BA$0.96
5349 Hammock Glen Dr5349 Hammock Glen Dr3BR,3BA$0.87
6795 W Stansbury Blvd6795 W Stansbury Blvd5BR,2.5BA$1.03
5627 Wynridge Ct5627 Wynridge Ct3BR,2.5BA$1.03
Brookhaven Apartments1 Bed 1 Bath1BR,1BA$0.86
Prairies Apartments2 Bedroom 1 Bath2BR,1BA$1.08

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Lawrence

What type of rentals are currently available in Lawrence?

There are currently 146 Apartments for Rent in Lawrence, IN with pricing that ranges from $383 to $3,251. There are also 131 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lawrence ranging from $925 to $2,750.

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 $925 to $2,750 with an average monthly rent of $1,655.

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 $1,140 to $3,251, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $2,750. Four Bedroom Single-Family rentals are also available starting from $1,350 and Four Bedroom Apartments start at $1,430.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.