ZIP Code · KS

ZIP 66047

Part of Lawrence, KS

Pop. 20,473·Douglas County·27th most expensive ZIP in Kansas

Median rent (all units)

$1,590/mo

Year-over-Year

+3.6%

Month-over-Month

-0.8%

vs US Median

-$342

Reported rents

Falling (Monthly)

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Most AffordableMost Expensive

ZIP 66047 · $1,590

More affordable than 66% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$950

1 BR

$1,060

2 BR

$1,250

3 BR

$1,740

4 BR+

$2,100

Research median

$1,250/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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

January. Asking rents in ZIP 66047 usually run 1% below trend in January and 0.8% above it in June, about $29 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 66047 is 0.7% below its high of $1,602 in August 2026, at $1,590 as of September 2026.

Past year vs. the rest of Kansas

Rent in ZIP 66047 changed +3.6% over the year to September 2026. Across the 55 Kansas ZIP codes Zillow tracks, the typical change was +4.1%.

Recent direction

Rent rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($65,392) is $1,635 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,250); a 3-bedroom is $1,740.

Rank in Lawrence

1st cheapest of 3 ZIP codes in Lawrence.

From Zillow's monthly rent index (ZORI) for ZIP 66047. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$19,080/yr

At $1,590/mo median

Location

CityLawrence

StateKS

CountyDouglas County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (3.6% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+3.6% YoY, -0.8% MoM), not inventory.

Demographics

Who lives here

ZIP 66047 (Lawrence, KS) is roughly split between renters and owners, skews toward younger working-age adults, has a median income below the national average, 55.6% of residents hold a bachelor's degree or higher.

Population

20,473

Median income

$65,392

Median age

32.1

Renters

54.2%

Age distribution

20.1%

35.2%

20.7%

16.3%

Under 1820.1%

18–3435.2%

35–5420.7%

55–647.6%

65+16.3%

Gender

47.1%

52.9%

Male47.1%

Female52.9%

Race & ethnicity

72%

13.6%

White72%

Black3.7%

Hispanic13.6%

Asian3.9%

Other6.8%

Education (25+)

20.1%

21%

55.6%

No HS diploma3.2%

HS diploma20.1%

Some college21%

Bachelor's+55.6%

Housing tenure

45.8%

54.2%

Owner45.8%

Renter54.2%

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

2021 vs 2026

How ZIP 66047 in Lawrence, KS has changed in 5 years

Rent

$1,109 → $1,590

up 43.4%

Income

$56,952 → $65,392

up 14.8%

Population

20,592 → 20,473

down 0.6%

Renter share

57.4% → 54.2%

-3.2 pts

Bachelor's+

53.7% → 55.6%

+1.9 pts

Median age

29.9 → 32.1

+2.2 yrs

Five years ago, renters in ZIP 66047 in Lawrence, KS paid around $1,109 a month. That figure now sits near $1,590, up 43.4% from the 2021 baseline. Household income in the area moved from $56,952 to $65,392 across the same window, up 14.8% versus 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. The renter share has eased from 57.4% to 54.2%, with owner-occupied housing accounting for the remainder. Reading these numbers side by side helps frame whether current listings in ZIP 66047 in Lawrence, KS look reasonable against where the market sat half a decade ago.

Community

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Local insights

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About renting in ZIP 66047

Last updated: October 17, 2026

ZIP code 66047 covers Lawrence, KS. The median rent here is $1,590/mo as of October 2026. A 1-bedroom rents for a median of $1,060/mo. A 2-bedroom rents for a median of $1,250/mo.

At 29% of local median household income ($65,392/yr), ZIP 66047 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 66047?

To keep rent at or below 30% of gross income, you would need to earn at least $64,000/year (about $31/hour full-time) to afford the median rent of $1,590/mo in ZIP 66047. The local median household income is $65,392/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 66047?

Rent in ZIP 66047 has risen 3.6% over the past year as of September 2026. It sits 0.7% below its high of $1,602 in August 2026.

When is the cheapest time to rent in ZIP 66047?

Asking rents in ZIP 66047 are usually lowest in January, about 1% below their yearly trend, and highest in June, about 0.8% above it. At today's median that is a gap of roughly $29 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 66047 compare to other ZIPs in Kansas?

ZIP 66047 is in the middle among Kansas ZIP codes for rent, ranking #27 of 70 at $1,590/mo. Over the year to September 2026, rent in ZIP 66047 changed +3.6%, against a typical +4.1% across the 55 Kansas ZIP codes Zillow tracks.