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Housing in Lawrence

A typical Lawrence home is worth roughly $259,000

Typical home value
$259K
SD $322K
Estimate
2-bedroom rent
$940
a month, utilities in · HUD
Median tax bill
$1,330
SD $2,724

What kind of housing town is Lawrence?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 3.9 years of income

Less than across South Dakota (4.3 years). Try your own numbers below.

You could afford about
$272,000
Typical Lawrence home $259K

That covers a typical Lawrence home, with $12K to spare.

The typical home, each month
$1,470
Loan $1,280Tax $110Insurance $80

A two-bedroom rents for about $940 a month here, $530 less than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Lawrence’s typical property tax (0.51% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $940

Renters already here pay a median of $675, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$810
1 bedroom$820
2 bedrooms$940
3 bedrooms$1,310
4 bedrooms$1,580
30%
of households rent · SD 31%
27
renter households
$675
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Charles Mix County, SD): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

70% of Lawrence households own their home

Half of Lawrence’s homes were built before 1980.

Owners and renters
Own 70%Rent 30%

South Dakota: 69% own.

1980
typical home built · SD 1980
$1,330
median property tax bill · SD $2,724
0.51%
of a home’s value, a year in tax · SD 1.06%

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Next door

Lawrence vs. its neighbors

The towns that share a border with Lawrence. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Lawrence$259K*—$940—$65,833
Wagner$136K*—$9401$47,462

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Lawrence buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Lawrence still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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