States › Tennessee › Lawrenceburg

Is Lawrenceburg, TN expensive to live in?

CheapRent takes 12 cents of every $1 people earn here.
🏠 Rent per month (2026)$44375% lower than U.S. average
💵 Families earn per year (2026)$45,667about $3,806/month · 48% lower than U.S. average
🔑 House price$184,60045% lower than U.S. average

Rent here is among the lowest 10% of all U.S. cities. A typical house costs about 4.0 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $17,720 a year. That is $9 an hour at a full-time job.

Is rent cheaper than other Tennessee cities?

Yes. Rent here is cheaper than in most of Tennessee. It is number 2 of 114 cities from cheapest to most expensive.

Lawrenceburg
$443
Hartsville
$1,155
Red Bank
$1,467
Middle Valley
$1,405
Alcoa
$1,566
Collegedale
$2,309
Millington
$1,443

How much do households earn in Lawrenceburg?

Under $25k
28.8%
$25k–50k
28.9%
$50k–100k
25.8%
$100k–150k
7.9%
$150k+
4.2%

Share of households by yearly income. 12.1% of households earn $100,000 or more.

Rent by apartment size in Lawrenceburg

SizeLawrenceburgU.S. average
Studio$442$1,338
1 bedroom$426$1,324
2 bedrooms$866$1,509
3 bedrooms$984$1,698
4 bedrooms$1,237$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Lawrenceburg overall?

Everyday prices in Tennessee overall are 8% below the U.S. average (index 91.9, U.S. = 100).

Housing
79
Goods (food, clothes…)
96
Utilities
72
Other services
95
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Lawrenceburg, so the Tennessee figure is shown.

Taxes and bills in Lawrenceburg

🏛️ Property tax$1,212a year · 0.66% of home value · U.S. $3,119
⚡ Electric bill$215a month (typical) · U.S. $156

Life in Lawrenceburg

Commute to work20.1 minU.S.: 26.4 min
College degree15.2%U.S.: 35.7%
Own their home57.7%U.S.: 65.2%
Below poverty line21.5%U.S.: 12.5%
Unemployment7.8%U.S.: 5.2%

Is it cheaper to rent or buy in Lawrenceburg?

Renting is cheaper right now: about $838 a month less.

Renting
$443
Owning
$1,281

Owning assumes a typical $184,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $18,460 for the down payment.

Frequently asked questions

What is the average rent in Lawrenceburg, TN?

Renting in Lawrenceburg costs a median of about $443 a month in 2026, including utilities. The Tennessee median is $1,279.

How much do I need to make to live in Lawrenceburg?

To keep rent under 30% of income, you need about $17,720 a year, or $9 an hour at a full-time job.

Is Lawrenceburg cheap or expensive?

Lawrenceburg is rated Cheap: rent takes 11.6% of the typical household income of $45,667. It ranks 2nd cheapest of 114 Tennessee cities we track.

How much are property taxes in Lawrenceburg?

The median homeowner in Lawrenceburg pays $1,212 a year in property taxes, about 0.66% of the median home value.

Is Lawrenceburg more expensive than the national average?

Overall prices in Tennessee are 8% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Lawrenceburg?

The median home value in Lawrenceburg is $184,600, about 4.0 times the typical yearly household income.

11,844 people live in Lawrenceburg. Numbers are typical (middle) values.