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City Report · TN

Lawrenceburg

Pop. 11,844·61st most expensive in Tennessee·One of the most affordable rental markets in the US
Median rent (all units)
$1,170/mo
Year-over-Year
Stable
Month-over-Month
-6.3%
vs US Median
-$795
Falling (Monthly)
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Most AffordableMost Expensive
Lawrenceburg · $1,170
More affordable than 93% of US cities · National median $1,965/mo
Affordability
33% of income
MODERATE
0%30% benchmark60%+

At $1,170/mo, rent takes about 33% of the local median household income, slightly above the 30% benchmark.

Income to afford
$47,000/yr
Local median income
$42,343/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
$710
1 BR
$720
2 BR
$940
3 BR
$1,140
4 BR+
$1,340
Research median
$940/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: May 18, 2026

Annual cost
$14,040/yr
At $1,170/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -6.3% MoM), not inventory.
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Demographics

Who lives here

Lawrenceburg, TN is majority owner-occupied, has a large retiree population, has a median income below the national average, 15.2% of residents hold a bachelor's degree or higher.

Population
11,844
Median income
$42,343
Median age
41.3
Renters
42.3%
Age distribution
19.9%
23.2%
23.2%
13.3%
20.3%
Under 1819.9%
18–3423.2%
35–5423.2%
55–6413.3%
65+20.3%
Gender
45.7%
54.3%
Male45.7%
Female54.3%
Race & ethnicity
86.6%
White86.6%
Black4.8%
Hispanic3.1%
Other5.5%
Education (25+)
37.2%
36%
15.2%
No HS diploma11.5%
HS diploma37.2%
Some college36%
Bachelor's+15.2%
Housing tenure
57.7%
42.3%
Owner57.7%
Renter42.3%

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

2021 vs 2026

How Lawrenceburg, TN has changed in 5 years

Income
$33,463 → $42,343
up 26.5%
Population
11,460 → 11,844
up 3.4%
Renter share
48% → 42.3%
-5.7 pts
Bachelor's+
17.8% → 15.2%
-2.6 pts
Median age
37.6 → 41.3
+3.7 yrs

Local incomes tracked alongside that move, going from a median of $33,463 in 2021 to $42,343 more recently. Census counts show Lawrenceburg, TN adding about 384 residents over the five-year window, up 3.4% on net. The renter share has eased from 48% to 42.3%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 17.8% to 15.2% across the same window.

Community

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

Can you afford rent in Lawrenceburg on your salary?

At $1,170/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, TN

Last updated: May 18, 2026

The median rent in Lawrenceburg is $1,170/mo as of May 2026. A studio apartment averages $710/mo while a 2-bedroom runs $940/mo. One-bedroom apartments average $720/mo and 3-bedroom units go for $1,140/mo.

At 33% of local median household income ($42,343/yr), Lawrenceburg ranks as moderate 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 moderate for renters. At $1,170/mo, rent takes approximately 33% of the local median household income ($42,343/yr). The standard benchmark is 30%. Lawrenceburg slightly exceeds that threshold, so budgeting carefully matters here.

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 $47,000/year (~$23/hour full-time) to afford the median rent of $1,170/mo in Lawrenceburg. The local median household income is $42,343/yr, meaning the typical Lawrenceburg household falls short of 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 May 2026.

How does Lawrenceburg rent compare to other cities in Tennessee?

Lawrenceburg is one of the more affordable cities in Tennessee for rent, ranking #61 out of 66 tracked cities at $1,170/mo.

What percentage of Lawrenceburg residents rent vs. own?

According to Census data, approximately 42.3% of Lawrenceburg households are renters, while 57.7% 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 $1,170/mo is $795 (40%) below the US national median of $1,965/mo. Within Tennessee, it ranks #61 out of 66 tracked cities.
Income Affordability
33%
MODERATE

At $1,170/mo, rent takes ~33% of Lawrenceburg's median household income ($42,343/yr). The standard benchmark is 30%.

Lawrenceburg 33%Benchmark 30%
State income taxNone
Run the Lawrenceburg affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Lawrenceburg, TN

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