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ZIP Code · MA

ZIP 01843

Part of Lawrence, MA
Pop. 27,445·Essex County·125th most expensive ZIP in Massachusetts
Median rent (all units)
$2,399/mo
Year-over-Year
+2.2%
Month-over-Month
+2.6%
vs US Median
+$434
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 01843 · $2,399
More expensive than 76% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,650
1 BR
$1,820
2 BR
$2,390
3 BR
$2,870
4 BR+
$3,160
Research median
$2,390/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
$28,788/yr
At $2,399/mo median
Location
StateMA
CountyEssex County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 2.2% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+2.2% YoY, +2.6% MoM), not inventory.
Demographics

Who lives here

ZIP 01843 (Lawrence, MA) is majority renter-occupied, 20.3% of residents hold a bachelor's degree or higher.

Population
27,445
Median income
$67,585
Median age
34
Renters
68.1%
Age distribution
24.7%
26.6%
27.4%
Under 1824.7%
18–3426.6%
35–5427.4%
55–6411.3%
65+9.9%
Gender
50.3%
49.7%
Male50.3%
Female49.7%
Race & ethnicity
29.8%
74.1%
White29.8%
Black4.9%
Hispanic74.1%
Asian3.8%
Education (25+)
23.2%
33.7%
22.8%
20.3%
No HS diploma23.2%
HS diploma33.7%
Some college22.8%
Bachelor's+20.3%
Housing tenure
31.9%
68.1%
Owner31.9%
Renter68.1%

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

2021 vs 2026

How ZIP 01843 in Lawrence, MA has changed in 5 years

Income
$61,362 → $67,585
up 10.1%
Population
27,804 → 27,445
down 1.3%
Renter share
66% → 68.1%
+2.1 pts
Bachelor's+
17.7% → 20.3%
+2.6 pts
Median age
33 → 34
+1.0 yrs

Household income in the area moved from $61,362 to $67,585 across the same window, up 10.1% versus 2021. Headcount in the area went from 27,804 to 27,445 between 2021 and 2024, a 1.3% change. About 68.1% of households rent today, against 66% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 17.7% to 20.3%.

Community

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Local insights

Tips for renters in ZIP 01843

About renting in ZIP 01843

Last updated: July 20, 2026

ZIP code 01843 covers Lawrence, MA. The median rent here is $2,399/mo as of July 2026. A 1-bedroom rents for a median of $1,820/mo. A 2-bedroom rents for a median of $2,390/mo.

At 43% of local median household income ($67,585/yr), ZIP 01843 ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.2% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 01843?

As of July 20, 2026, the median monthly rent in ZIP 01843 (Lawrence, MA) is $2,399. This is based on aggregated data from public sources and community submissions.

How does ZIP 01843 rent compare to the US average?

ZIP 01843's median rent of $2,399/mo is $434 (22%) above the US national median of $1,965/mo.

How does ZIP 01843 compare to other ZIPs in Massachusetts?

ZIP 01843 is among the more affordable ZIP codes in Massachusetts, ranking #125 out of 168 ZIPs at $2,399/mo.

How much income do you need to rent in ZIP 01843?

To keep rent at or below 30% of gross income, you would need to earn at least $96,000/year (~$46/hour full-time) to afford the median rent of $2,399/mo in ZIP 01843. The local median household income is $67,585/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 01843?

Rent in ZIP 01843 has increased 2.2% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 01843 an affordable place to rent?

ZIP 01843 is considered stretched for renters. At $2,399/mo, rent takes approximately 43% of the local median household income ($67,585/yr). The standard benchmark is 30%. ZIP 01843 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 01843 residents rent vs. own?

According to Census data, approximately 68.1% of ZIP 01843 households are renters, while 31.9% are owner-occupied. With a majority renter population, ZIP 01843 has a strong rental market.

How does ZIP 01843 compare to the rest of Lawrence?

ZIP 01843 is pricier than Lawrence as a whole. At $2,399/mo, it's $52 above the Lawrence citywide median of $2,347/mo.

When was rent data for ZIP 01843 last updated?

Rent data for ZIP 01843 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
43%
STRETCHED

At $2,399/mo, rent takes ~43% of ZIP 01843's median household income ($67,585/yr). The standard benchmark is 30%.

ZIP 01843 43%Benchmark 30%
State income tax5%
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Schools nearby

Public schools near ZIP 01843 (Lawrence, MA)

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