Lawrence, Marion County, IN

Median Home Price Price

$261,643 $261.6K

Median Monthly Rent Rent

$1,250 $1.2K

17.0x

Market Snapshot

Lawrence, Marion County, IN is a city market with a median home price of $261,643, a median monthly rent of $1,250, a GRM of 17.0x, and a price-to-rent ratio of 17.4.

More markets to explore

01 Indianapolis, Marion County, IN
Top recommendation Nearby alternative Lower GRM Lower price Higher rent
High confidence
Price $224.3K
Rent $1.4K
GRM 13.0x
Explore the data
Region Show
Indianapolis
$224K $1.4K 13.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Marion, Grant County, IN
$131K $1.0K 11.0x
New Palestine, Hancock County, IN
$367K $1.2K 25.0x
Greenwood, Johnson County, IN
$317K $1.5K 18.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Onalaska, Lewis County, WA
$482K $1.2K 33.0x
Waldorf, Charles County, MD
$432K $2.2K 16.0x
Carlisle, Warren County, IA Explore deeper
$278K $1.4K 16.0x

Home prices

Monthly rent

GRM = home price / annual rent

Lawrence

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Benchmark comparison

Rent in Lawrence, IN is 11.5% lower than Indianapolis, IN.

Compare to Indianapolis, IN
Lawrence, IN
Indianapolis, IN
Delta
Median rent
$1,250
$1,412
+$162
Median price
$261,643
$224,316
-$37,327
YoY change
+$57
+$53
-$4
Price-to-rent
17.4x
13.2x
-4.2x

Key takeaways

  • Lawrence, Marion County, IN has a middle-grm screening profile: At 17.0x GRM, price and rent sit in a less extreme screening range.
  • The investment thesis may depend more on trend quality and local context than on GRM alone.
  • Rent momentum is positive, with median rent up about $57 year over year.
  • Rent in Lawrence, IN is 11.5% lower than Indianapolis, IN.