Studio Apartment Rent in Lawrence, IN
Median asking rent for a studio apartment in Lawrence, Indiana as of July 2026. That's +25% lower than the citywide median of $1,615 and +7% below the national studio median of $1,290.
Income needed for a studio in Lawrence
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a studio at the current median rent.
Rent by apartment size in Lawrence
Compare Lawrence's median rent across every apartment size.
Cheapest cities for a studio in Indiana
| # | City | Studio rent |
|---|---|---|
| 1 | Frankfort | $517 |
| 2 | Crawfordsville | $644 |
| 3 | Marion | $650 |
| 4 | East Chicago | $670 |
| 5 | Michigan City | $700 |
| 6 | Richmond | $710 |
| 7 | Delphi | $720 |
| 8 | Angola | $730 |
| 9 | New Castle | $730 |
| 10 | Muncie | $735 |
| 11 | Mishawaka | $740 |
| 12 | Logansport | $770 |
| 13 | South Bend | $775 |
| 14 | Kokomo | $780 |
| 15 | Evansville | $792 |
Most expensive cities for a studio in Indiana
| # | City | Studio rent |
|---|---|---|
| 1 | Zionsville | $1,390 |
| 2 | Whitestown | $1,330 |
| 3 | Carmel | $1,327 |
| 4 | McCordsville | $1,210 |
| 5 | Lawrence (this page) | $1,205 |
| 6 | Avon | $1,190 |
| 7 | Westfield | $1,180 |
| 8 | Fishers | $1,170 |
| 9 | Brownsburg | $1,120 |
| 10 | Sellersburg | $1,100 |
| 11 | Granger | $1,070 |
| 12 | Noblesville | $1,050 |
| 13 | Columbus | $1,045 |
| 14 | Munster | $1,040 |
| 15 | Plainfield | $1,030 |
Nearby cities — studio rent
Considering nearby alternatives? 5 of these cities have cheaper studio rents than Lawrence.
| City | Distance | Studio rent | vs Lawrence |
|---|---|---|---|
| McCordsville, IN | 6 mi | $1,210 | +$5 (0%) |
| Fishers, IN | 6.1 mi | $1,170 | $-35 (-3%) |
| Carmel, IN | 11 mi | $1,327 | +$122 (+10%) |
| Noblesville, IN | 12.4 mi | $1,050 | $-155 (-13%) |
| Indianapolis, IN | 12.9 mi | $1,003 | $-202 (-17%) |
| Beech Grove, IN | 13.5 mi | $890 | $-315 (-26%) |
| Greenfield, IN | 16 mi | $890 | $-315 (-26%) |
| Westfield, IN | 16.3 mi | $1,180 | $-25 (-2%) |
| Pendleton, IN | 18.6 mi | $890 | $-315 (-26%) |
| Speedway, IN | 19.4 mi | $890 | $-315 (-26%) |
| Zionsville, IN | 21.4 mi | $1,390 | +$185 (+15%) |
| Greenwood, IN | 21.8 mi | $1,015 | $-190 (-16%) |
Studio rent in Lawrence — common questions
How much is a studio apartment in Lawrence?
As of July 2026, the median studio apartment rent in Lawrence, Indiana is $1,205 per month. This is +25% below the citywide median of $1,615.
What income do you need to afford a studio in Lawrence?
Using the standard 30% rent-to-income rule, you would need an annual income of about $48,200 ($4,017/month gross), which works out to roughly $23.17/hour at a full-time job.
Is Lawrence expensive for a studio compared to the rest of the US?
Lawrence's studio median of $1,205 is +7% below the national studio median of $1,290. It ranks in the 44th percentile of US cities tracked.
How does Lawrence rank for studio rent in Indiana?
Among the 63 cities in Indiana with studio data, Lawrence ranks #59 from cheapest to most expensive.
Are there cheaper studio options near Lawrence?
Yes — nearby cities with cheaper studio rents include Fishers ($1,170), Noblesville ($1,050), Indianapolis ($1,003).