Mortgage payment estimates, closing cost breakdowns, and homebuying data for Lawrence, Kansas.
Pre-filled with Lawrence median home price and Kansas tax/insurance rates. Adjust for your property.
Estimated closing costs based on Kansas rates and fees applied to Lawrence prices.
The median home price in Lawrence is $275,000, 22% above the Kansas state median of $225,000. With a population of 94,934, Lawrence is a smaller market where home prices reflect strong demand and local economic factors.
Property taxes in Kansas average 1.41% annually. This moderate property tax rate means a $275,000 home in Lawrence would carry roughly $323/month in property taxes. Homeowners insurance in Kansas runs approximately $2,900 per year. This is within the normal range nationally.
Average rent in Lawrence is $1,120/month. With a price-to-rent ratio above 20, renting could be more economical in the short term — use our Rent vs Buy calculator to model your specific timeline.
Lawrence presents moderate affordability. The $275K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.