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Studio Condos for Rent in Lawrence, IN

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  • 9515 Pendleton Pike, Indianapolis, IN 46236
    9515 Pendleton Pike, Indianapolis, IN 46236
    9515 Pendleton Pike, Indianapolis, IN 46236
    /23

    $1,079 Per Month

    • Studio
    • 1 Bath
    • 300 Sq Ft
    • Furnished Studio-Indianapolis - Lawrence

    9515 Pendleton Pike, Indianapolis, IN 46236

    Enjoy a fully furnished studio suite in our hotel at an affordable rate with free wi-fi, free utilities and free premium cable. Each studio suite has a full kitchen with full-size refrigerator, stovetop and microwave, and has a flexible workspace and plenty of storage. All our hotels are pet-friendly and have on-site guest laundry available. Plus, there are no long-term commitments and you can

    Furnished Studio-Indianapolis - Lawrence

    9515 Pendleton Pike, Indianapolis, IN 46236
  • 4985 N Franklin Rd Unit 1, Indianapolis, IN 46226
    4985 N Franklin Rd Unit 1, Indianapolis, IN 46226
    4985 N Franklin Rd Unit 1, Indianapolis, IN 46226
    /8

    $665 Per Month

    • Studio
    • 1 Bath
    • 250 Sq Ft
    • Condo for Rent

    4985 N Franklin Rd Unit 1, Indianapolis, IN 46226

    *Now Accepting Housing Assistance*Welcome to 4985 N Franklin Rd, where comfort meets convenience! These efficient 250 sq. ft. studio apartments are perfect for anyone seeking an affordable, low-maintenance living space in a well-connected location.Located just minutes from shopping, dining, and major roadways, this property offers easy access to everything you need while

    4985 N Franklin Rd Unit 1, Indianapolis, IN 46226
Indiana Marion County

Studio Condos for Rent in Lawrence, IN

Frequently Asked Questions

How much does it cost to rent a condo in Lawrence, IN?
The median rent for a condo in Lawrence, IN is $1,185 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in Lawrence, IN?
To comfortably afford the median rent in Lawrence, IN, a household needs to earn roughly $47,400 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,185 per month in Lawrence, IN, renters typically need to show $3,555 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Lawrence, IN?
In Lawrence, IN, the price-to-rent ratio is 23.9, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Condo Rental Trends in Lawrence, IN

There are currently 2 condos available for rent in Lawrence, IN. The median rent is $1,185 per month, with 1-bedroom condos renting at $975 and 3-bedroom condos at $1,185.

Rental Home Trends

Number of Condos for Rent
2
Median Condo Rent
$1,185
Median 1 Bedroom Condo Rent
$975
Median 3 Bedroom Condo Rent
$1,185
How to Rent a Home

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