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City Report · KY

Lawrenceburg

Pop. 11,943·30th most expensive in Kentucky·One of the most affordable rental markets in the US
Median rent (all units)
$1,138/mo
Year-over-Year
Stable
Month-over-Month
+1.6%
vs US Median
-$827
Rising (Monthly)
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Most AffordableMost Expensive
Lawrenceburg · $1,138
More affordable than 94% of US cities · National median $1,965/mo
Affordability
21% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,138/mo, rent takes about 21% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$46,000/yr
Local median income
$66,486/yr
Based on the 30%-of-income rule using Lawrenceburg's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$780
1 BR
$900
2 BR
$1,020
3 BR
$1,370
4 BR+
$1,520
Research median
$1,020/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$13,656/yr
At $1,138/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.0% YoY, +1.6% MoM), not inventory.
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Demographics

Who lives here

Lawrenceburg, KY is majority owner-occupied, has a large share of families with children, 21.8% of residents hold a bachelor's degree or higher.

Population
11,943
Median income
$66,486
Median age
34.1
Renters
30.7%
Age distribution
28.3%
22.4%
26.8%
12.1%
Under 1828.3%
18–3422.4%
35–5426.8%
55–6410.4%
65+12.1%
Gender
50%
50%
Male50%
Female50%
Race & ethnicity
91.5%
White91.5%
Black4.2%
Hispanic2.7%
Other1.5%
Education (25+)
35.5%
31.8%
21.8%
No HS diploma10.9%
HS diploma35.5%
Some college31.8%
Bachelor's+21.8%
Housing tenure
69.3%
30.7%
Owner69.3%
Renter30.7%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Lawrenceburg, KY has changed in 5 years

Income
$52,808 → $66,486
up 25.9%
Population
11,675 → 11,943
up 2.3%
Renter share
29.5% → 30.7%
+1.2 pts
Bachelor's+
19.8% → 21.8%
+2.0 pts
Median age
35.8 → 34.1
-1.7 yrs

Census figures show median household income at $66,486 today, compared with $52,808 five years earlier. The population has grown by 2.3% since 2021, moving from about 11,675 residents to roughly 11,943. College-educated residents now make up 21.8% of adults here, versus 19.8% in 2021.

Community

Discussions about Lawrenceburg

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View Lawrenceburg rent history (2015–2026) →
Salary vs rent

Can you afford rent in Lawrenceburg on your salary?

At $1,138/mo, how Lawrenceburg rent compares to typical pay (30% rule).

By apartment size

Lawrenceburg rent by bedroom count

Median rent for each apartment size in Lawrenceburg. Click any size for full breakdown.

Local insights

Tips for renters in Lawrenceburg

About renting in Lawrenceburg, KY

Last updated: July 20, 2026

The median rent in Lawrenceburg is $1,138/mo as of July 2026. A studio apartment averages $780/mo while a 2-bedroom runs $1,020/mo. One-bedroom apartments average $900/mo and 3-bedroom units go for $1,370/mo.

At 21% of local median household income ($66,486/yr), Lawrenceburg ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Lawrenceburg an affordable city for renters?

Lawrenceburg is considered very affordable for renters. At $1,138/mo, rent takes approximately 21% of the local median household income ($66,486/yr). The standard benchmark is 30%. Lawrenceburg falls comfortably within that range.

How much income do you need to rent in Lawrenceburg?

To keep rent at or below 30% of gross income, you would need to earn at least $46,000/year (~$22/hour full-time) to afford the median rent of $1,138/mo in Lawrenceburg. The local median household income is $66,486/yr, meaning the typical Lawrenceburg household meets that threshold.

Is rent going up or down in Lawrenceburg?

Rent in Lawrenceburg has been relatively stable over the past year, with a 0.0% change year over year as of July 2026.

How does Lawrenceburg rent compare to other cities in Kentucky?

Lawrenceburg is one of the more affordable cities in Kentucky for rent, ranking #30 out of 39 tracked cities at $1,138/mo.

What percentage of Lawrenceburg residents rent vs. own?

According to Census data, approximately 30.7% of Lawrenceburg households are renters, while 69.3% are owner-occupied. Lawrenceburg leans toward homeownership, which can mean a smaller rental inventory.

How does Lawrenceburg rent compare to the national average?

Lawrenceburg's median rent of $1,138/mo is $827 (42%) below the US national median of $1,965/mo. Within Kentucky, it ranks #30 out of 39 tracked cities.
Income Affordability
21%
VERY AFFORDABLE

At $1,138/mo, rent takes ~21% of Lawrenceburg's median household income ($66,486/yr). The standard benchmark is 30%.

Lawrenceburg 21%Benchmark 30%
State income tax4%
Run the Lawrenceburg affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Lawrenceburg, KY

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