Cost of Living in Lawrence County, Alabama

$708/mo
Median Monthly Rent
$150,700
Median Home Value
11% below state averageUnaffordable

At a Glance

Median Monthly Rent
$708/mo
11% below state average
Median Home Value
$150,700
47% below national
Rent-to-Income Ratio
21.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Lawrence County Compares

Median monthly rent comparison

Lawrence County$708/mo
Alabama Average$799/mo
National Median$1,163/mo

Detailed Housing Stats

$708/mo
Median Gross Rent
$150,700
Median Home Value
$628/mo
Monthly Owner Cost
21.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Lawrence County, Alabama

Lawrence County offers strong rental affordability

Lawrence County's 14.2% rent-to-income ratio ranks among the lowest affordability stress levels, well below national averages and Alabama's state mean. Renters earning $60,040 pay just $708 monthly—demonstrating that reasonable wages plus modest rents create genuine housing security.

Well above-average affordability statewide

Lawrence County's 14.2% rent-to-income ratio significantly beats Alabama's 18.0% state average, placing it among the state's most affordable counties. This advantage combines solid incomes with below-average rental costs.

Second-lowest rents, strong income balance

Lawrence County renters pay $708 monthly—only Lamar County's $548 beats this—while earning $60,040, higher than most rural peers. This combination of low rents and relatively strong incomes creates the county's 14.2% ratio advantage.

Lawrence County housing expense reality

Households earning $60,040 annually ($5,003 monthly) dedicate just $708 to gross rent—14.2% of income, leaving substantial cushion. Homeowners pay $628 monthly on average, with median property values of $150,700 offering accessible entry to ownership.

Smart choice for value-conscious families

Lawrence County combines low rents, reasonable incomes, and solid homeownership opportunities—ideal for families earning $55,000–$65,000. If you want true affordability plus meaningful community and employment options, Lawrence delivers on both fronts.

Affordability Calculator

See how your income compares to housing costs in Lawrence County

$

Rent Burden

14.2%

of gross income

Max Housing (28% Rule)

$1,401

per month

Owner Cost Burden

12.6%

of gross income

You can likely afford the median home in Lawrence County

Median home value is $150,700. Estimated monthly cost: $1,203 vs. your max of $1,401.

Rent Affordability Guide

Your rent-to-income ratio14.2%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Lawrence County, Alabama?
Lawrence County, Alabama has a median monthly rent of $708/mo and a median home value of $150,700. The affordability rating is Unaffordable, with rent making up approximately 21.0% of median household income.
What is the median rent in Lawrence County?
The median gross rent in Lawrence County is $708/mo. This is 11% below state average for Alabama.
Is Lawrence County affordable?
Lawrence County is rated Unaffordable based on rent-to-income ratio of 21.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Lawrence County's rent compare to the state average?
Lawrence County's median rent of $708/mo is 11% below state average of $799/mo for Alabama.
What is the median home value in Lawrence County?
The median home value in Lawrence County, Alabama is $150,700. This is 47% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.