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RentData.org Logo Lawrence Fair Market Rent FY 2022 Lawrence, KS MSA Rental Data

Fair Market Rent Prices in Lawrence, KS :
$702 $753 $937 $1,331 $1,565
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Lawrence are high compared to the national average. This FMR area is more expensive than 84% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Lawrence is $937 per month.

The previous year, rent for a two-bedroom home was $950 per month. This is a 1.37% decrease year-over-year.

This FMR rate applies to Lecompton, KS, Overbrook, KS, Edgerton, KS, Berryton, KS, Tecumseh, KS, Wellsville, KS, Baldwin City, KS, Eudora, KS, Lawrence, KS and other cities within the region. The Metro Code or CBSA code for this region is METRO29940M29940.

Additionally, This Fair Market Rent (FMR) area Lawrence, KS MSA spans one county or city in Kansas which is listed in the table below. Estimated population of Lawrence, KS MSA FMR area is 117,805 people based on latest Census data.

Compared to the rest of Kansas, the Lawrence FMR area is more expensive than 98% of the state.

Kansas Rents Map

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Lawrence. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Lawrence

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 749
1-BR 1-Bedroom $ 804
2-BR 2-Bedroom $ 1000
3-BR 3-Bedroom $ 1420
4-BR 4-Bedroom $ 1670
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

There is just one county (listed below) within the Lawrence, KS MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Kansas City and Topeka.

County / Region Est. Population
Lawrence, KS Metro 117,805
Zip Codes in Lawrence, KS MSA

There are 13 unique zip codes in this Fair Market Rent (FMR) area:

66006, 66021, 66025, 66044, 66045, 66046, 66047, 66049, 66050, 66092, 66409, 66524 and 66542

Lookup Fair Market Rent by Zip Code

What's Next?

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