Lawrence, MA Real Estate

According to census data in the year 2000 there were 25,601 housing units in Lawrence. This represents a 4.9% decline from 26,915 in 1990.

Of those housing units, 25,601 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Lawrence is about 32.2%. Lawrence's vacancy rate, including seasonal lodging, is about 4.4%. Average household size is 2.9 people.

The majority of houses, apartments or condos in Lawrence were built after 1948.


Housing Size

Housing Units by Size
Studio Type4%
One Bedroom19.50%
Two Bedrooms31.70%
Three Bedrooms36.10%
Four Bedrooms6.50%
Five Bedrooms or more2.20%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size3.01
Median year structure was built1939
Median Value of occupied units$114,100
Median Price asked for vacant units$103,800

Rented Homes, Apartments and Condos

Average Household Size2.85
Median year structure was built1952
Median Monthly Rent asked for vacant units$536

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.20%
Home Equity Loan6.70%
Simple Mortgage57.40%
Debt Free28.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs21.1%