What is the rental vacancy rate in Lawrence, IN?

The rental vacancy rate in Lawrence, IN is 5.3% (±3.0 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 0.4% (±0.5 points).

843 (±280) homes, 4.1% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Lawrence, the rental vacancy rate went from 4.6% in 2015–2019 to 5.3% in 2020–2024 (+0.7 percentage points), not a measurable change.

Figures last updated on .

Rental vacancy rate
5.3% (±3.0 points)
Homeowner vacancy rate
0.4% (±0.5 points)
Vacant homes
843 (±280)

Vacancy in Lawrence against Marion County, its state and the nation

Estimate (90% margin of error)
LawrenceMarion CountyIndianaUnited States
Rental vacancy rate5.3% (±3.0 points)4.9% (±0.5 points)5.6% (±0.3 points)5.5%
Homeowner vacancy rate0.4% (±0.5 points)1.2% (±0.2 points)0.8% (±0.1 points)0.9%
Vacant housing units843 (±280)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, the rental vacancy rate is not measurably different from Marion County (4.9%).

It is not measurably different from Indiana (5.6%).

It is not measurably different from the national figure (5.5%).

Rental vacancy rate in places near Lawrence

Nearest places with a published estimate, compared with Lawrence
PlaceDistanceRental vacancy rateCompared with this place
Lawrence—5.3% (±3.0 points)—
Lawrence Township1.1 mi8.2% (±2.3 points)Not measurably different
McCordsville4.4 mi12.7% (±12.9 points)Not measurably different
Cumberland6.0 mi0.0% (±4.9 points)Not measurably different
Buck Creek Township6.2 mi1.8% (±3.0 points)Not measurably different
Warren Township (Marion County)6.4 mi4.5% (±1.4 points)Not measurably different
Warren Park6.6 mi17.0% (±9.1 points)Higher
Delaware Township (Hamilton County)6.7 mi6.6% (±3.9 points)Not measurably different
Fishers6.7 mi5.7% (±2.7 points)Not measurably different

Nearby places with a measurably higher figure: Warren Park, IN (17.0%).

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

RankPlaceRental vacancy rate
1Warren Park17.0% (±9.1 points)
2Meridian Hills13.6% (±23.5 points)
3Lawrence Township8.2% (±2.3 points)
4Washington Township (Marion County)6.8% (±1.4 points)
5Lawrence5.3% (±3.0 points)
6Center Township (Marion County)5.2% (±1.0 points)
7Indianapolis5.0% (±0.6 points)
8Warren Township (Marion County)4.5% (±1.4 points)
9 (tie)Beech Grove4.0% (±3.8 points)
9 (tie)Perry Township (Marion County)4.0% (±1.5 points)
11Decatur Township3.9% (±2.7 points)

Showing 11 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.

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Questions about Lawrence

Is it hard to find a rental in Lawrence?

The rental vacancy rate in Lawrence, IN is 5.3% (±3.0 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 tighter than it was?

In Lawrence, the rental vacancy rate went from 4.6% in 2015–2019 to 5.3% in 2020–2024 (+0.7 percentage points), not a measurable change.

How many homes are vacant in Lawrence?

An estimated 843 (±280) housing units, 4.1% of the total, including seasonal homes and homes waiting to be sold or rented.

Sources

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 city, Indiana (place:42426, in state:18).

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.

Request a Census API 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 .

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