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Lawrence, MA

Full City Profile · Massachusetts · Middlesex County County

2.3 /5.0
C Fair
88,297 Population 12,741/sq mi density
$57,903 Median Income $27,827 per capita
$393,500 Home Value $497,255 Zillow
$1,569 Median Rent 34.6% income on rent
51°F Avg Temperature 259 sunny days/yr
674 Violent Crime/100K 1,189 property/100K
C
Overall
2.3 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$57,903 median income, 6.0% unemployment
C+
Affordability
2.8 / 5.0
$393,500 home value, $1,569/mo rent
F
Safety
1.0 / 5.0
674 violent crimes/100K (77% above avg)
C
Education
2.3 / 5.0
16.4% bachelor's degree or higher

Housing Overview

Median Home Value
$393,500
40% above
US avg: $281,900
Median Rent
$1,569/mo
35% above
US avg: $1,163/mo
Homeownership Rate
30.3%
54% below US avg (65.4%)
Total Housing Units
31,407
Median year built: 1944

Home Value by Source

Census Median
$393,500
Zillow (ZHVI)
$497,255
Median Sale Price
$562,500
Median List Price
$689,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

30.3%
Owner-Occupied
69.7%
Renter-Occupied
30%
70%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,727/mo
1 Bedroom
$1,822/mo
2 Bedroom
$2,300/mo
3 Bedroom
$2,858/mo
4 Bedroom
$3,232/mo
Census median rent: $1,569/mo · Zillow rent: $2,382/mo

Market Indicators (Redfin)

Median Days on Market
40 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
16
Price Drops
10.7%
of listings with price reduction
Price Per Sq Ft
$330
Active Inventory
28
homes for sale

Affordability & Housing Stock

Rent Burden
34.6%
of renters spending 30%+ of income on housing
12% above US avg (31.0%)
Median Year Built
1944
Average age of housing stock: 82 years
Homeownership Rate
30.3%

Complete Housing Data

Home Values

Census Median Value$393,500
Zillow Home Value (ZHVI)$497,255
Median Sale Price$562,500
Median List Price$689,000
Price Per Sq Ft$330

Rent

Census Median Rent$1,569
Zillow Rent (ZORI)$2,382
FMR Studio$1,727
FMR 1-Bedroom$1,822
FMR 2-Bedroom$2,300
FMR 3-Bedroom$2,858
FMR 4-Bedroom$3,232

Market

Days on Market40
Sale-to-List Ratio1.0%
Price Drops10.7%
Homes Sold16
Active Inventory28
Price Per Sq Ft$330

Ownership & Stock

Owner-Occupied30.3%
Renter-Occupied69.7%
Homeownership Rate30.3%
Total Housing Units31,407
Median Year Built1944
Rent Burden34.6%