What is the rental vacancy rate in Lawrence Township, IN?
The rental vacancy rate in Lawrence Township, IN is 8.2% (±2.3 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.4% (±0.3 points).
3,889 (±583) homes, 7.2% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Lawrence Township, the rental vacancy rate went from 6.5% in 2015–2019 to 8.2% in 2020–2024 (+1.7 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 8.2% (±2.3 points)
- Homeowner vacancy rate
- 0.4% (±0.3 points)
- Vacant homes
- 3,889 (±583)
Vacancy in Lawrence Township against Marion County, its state and the nation
| Lawrence Township | Marion County | Indiana | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 8.2% (±2.3 points) | 4.9% (±0.5 points) | 5.6% (±0.3 points) | 5.5% |
| Homeowner vacancy rate | 0.4% (±0.3 points) | 1.2% (±0.2 points) | 0.8% (±0.1 points) | 0.9% |
| Vacant housing units | 3,889 (±583) | 40,608 (±1,898) | 260,559 (±6,417) | 14,547,859 |
The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.
In Lawrence Township, the rental vacancy rate is higher than in Marion County (4.9%).
It is also higher than in Indiana (5.6%).
It is higher than the national figure (5.5%).
Rental vacancy rate in places near Lawrence Township
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Lawrence Township | — | 8.2% (±2.3 points) | — |
| Lawrence | 1.1 mi | 5.3% (±3.0 points) | Not measurably different |
| McCordsville | 5.2 mi | 12.7% (±12.9 points) | Not measurably different |
| Delaware Township (Hamilton County) | 6.1 mi | 6.6% (±3.9 points) | Not measurably different |
| Warren Park | 6.5 mi | 17.0% (±9.1 points) | Not measurably different |
| Fishers | 6.6 mi | 5.7% (±2.7 points) | Not measurably different |
| Warren Township (Marion County) | 6.7 mi | 4.5% (±1.4 points) | Lower |
| Cumberland | 6.8 mi | 0.0% (±4.9 points) | Lower |
| Washington Township (Marion County) | 7.1 mi | 6.8% (±1.4 points) | Not measurably different |
Nearby places with a measurably lower figure: Warren Township (Marion County), IN (4.5%), Cumberland, IN (0.0%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Marion County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 1 | Warren Park | 17.0% (±9.1 points) |
| 2 | Meridian Hills | 13.6% (±23.5 points) |
| 3 | Lawrence Township | 8.2% (±2.3 points) |
| 4 | Washington Township (Marion County) | 6.8% (±1.4 points) |
| 5 | Lawrence | 5.3% (±3.0 points) |
| 6 | Center Township (Marion County) | 5.2% (±1.0 points) |
| 7 | Indianapolis | 5.0% (±0.6 points) |
| 8 | Warren Township (Marion County) | 4.5% (±1.4 points) |
| 9 (tie) | Beech Grove | 4.0% (±3.8 points) |
Showing 9 of 25 places in Marion County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Lawrence Township
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Questions about Lawrence Township
Is it hard to find a rental in Lawrence Township?
The rental vacancy rate in Lawrence Township, IN is 8.2% (±2.3 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.
Is the rental market in Lawrence Township tighter than it was?
In Lawrence Township, the rental vacancy rate went from 6.5% in 2015–2019 to 8.2% in 2020–2024 (+1.7 percentage points), not a measurable change.
How many homes are vacant in Lawrence Township?
An estimated 3,889 (±583) housing units, 7.2% of the total, including seasonal homes and homes waiting to be sold or rented.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lawrence township, Marion County, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Lawrence township, Marion County, Indiana
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Lawrence township, Marion County, Indiana (county subdivision:42444, in state:18 county:097).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Lawrence Township at a glance
- Median rent in Lawrence Township
- Rent by bedrooms in Lawrence Township
- Rent burden in Lawrence Township
- Renters and owners in Lawrence Township
- Income and affordability in Lawrence Township
- Home values in Lawrence Township
- Homeowner costs in Lawrence Township
- Property taxes in Lawrence Township
- Types of homes in Lawrence Township
- Bedrooms in Lawrence Township
- Age of homes in Lawrence Township
- Heating fuel in Lawrence Township
- Commute and cars in Lawrence Township
- Population growth in Lawrence Township
- How long people stay in Lawrence Township
- Crowding and facilities in Lawrence Township
- Fair Market Rent in Lawrence Township
- Indiana landlord and tenant rules
- Housing across Marion County
- Indiana places ranked by rental vacancy rate
- Housing data for every place in Indiana