Lawrence Homes under $200,000

Welcome to Lawrence, Kansas—a vibrant city that beautifully blends history, culture, and natural beauty. Nestled in Douglas County, Lawrence is renowned for its rich heritage, spirited university atmosphere, and a welcoming community that feels like home. With a population of around 100,000, this charming city is often celebrated for its lively downtown, diverse dining options, and an array of recreational activities that make it a great place to live, work, and play.

One of the standout features of Lawrence is its affordability in the housing market, particularly for those seeking homes under $200,000. This price point opens the door to a variety of options, from cozy single-family homes to charming bungalows, making it an ideal location for first-time homebuyers, young professionals, and families looking to settle down. The real estate landscape here is diverse, allowing you to find the perfect home that suits your lifestyle and budget.

Living in Lawrence means you’ll have access to top-rated schools, beautiful parks, and a plethora of cultural events, including art fairs, music festivals, and sporting events at the University of Kansas. The city’s commitment to fostering a strong sense of community is palpable, with local farmers markets and community gatherings that bring residents together.

Whether you’re drawn to the historic architecture, the vibrant local arts scene, or the stunning natural landscapes surrounding the city, Lawrence has something for everyone. Explore your options and discover how you can make this enchanting city your new home without breaking the bank!

Newest Lawrence Homes under $200,000

$129,900

2 Beds ⋅ 1 Baths

Turnkey rental in central Lawrence. This upper level 2 bed, 1 bath condo is leased at $1,229/month to a long term tenant, with rent increasing about 6% a year. The unit is in good condition and professionally managed, so a buyer collects income from day one. HOA is $150/month. Located just off 23rd Street, short distance to Tower Plaza and Lawrence Marketplace, with quick access to KU, Iowa Street, and K-10. A strong fit for a cash buyer, 1031 exchange, or anyone adding a low maintenance door. Tenant occupied.

1501 W 25th Court Unit #C8, Lawrence

Listing courtesy of John Ringgold of KW One Legacy Partners, LLC.

$155,900

2 Beds ⋅ 1.5 Baths

Great location and endless potential! Welcome to Candletree, an established community just minutes from the University of Kansas, KU Innovation Park, The Crossing at KU, shopping, and restaurants. This 2-bedroom, 2-bathroom condo is a great opportunity for homeowners, parents seeking housing for a KU student, or investors looking to expand their portfolio. The interior is ready for your personal touch! Walls are already primed, providing a fresh canvas to choose your favorite colors, finishes, and updates to make this space your own. Enjoy the convenience of an HOA that covers roof maintenance and replacement, exterior painting and siding,landscaping, lawn care, snow removal, gutter maintenance, common-area, and community pool maintenance. Bring your vision andmake it your own! A fantastic opportunity in a convenient Lawrence location. Unlock the potential of this practical floor plan, add yourown style, and make it shine!

2715 W 24th Terrace, Lawrence

Listing courtesy of Alejandra Guzman Carrasco of McGrew Real Estate Inc.

$179,900

3 Beds ⋅ 1 Baths

This single-story 3 bedroom 1 bath home features three bedrooms and one full bathroom, encompassing 1101.0 square feet of interior living area. This quaint homes offers a smooth transition between the main living area, dining area, and kitchen with an attached carport. Do not miss your opportunity to view this home in Eastern Lawrence!

1603 Lindenwood Lane, Lawrence

Listing courtesy of Casey Simoneau of KW Integrity.

$125,000

1 Beds ⋅ 1 Baths

Home is currently being under a lease until 7/28/2027. Court ordered sale. Sellers agent to confirm all HOA

1445 Westbrooke Street, Lawrence

Listing courtesy of Nia Thomas of HomeSmart Legacy.

$125,000

3 Beds ⋅ 1.5 Baths

Welcome to this charming 3-bedroom, 2-bathroom townhouse nestled in Lawrence, KS! Offering 1,250 sq ft of well-designed living space across two stories, this home boasts low-maintenance living with a smart, functional layout. Key Features & Updates: Energy-Efficient & Updated: Upgraded in 2018 with new windows and quality updates completed by Habitat for Humanity, giving you peace of mind and improved energy efficiency. Outdoor Oasis: Step out onto your private wood deck with built-in seating—perfect for entertaining—plus direct access to Lawrence's citywide walking trails right from your backyard! Bonus Space: Includes a full basement providing an additional 571 sq ft of space for storage, recreation, or future expansion. Prime Location: Situated in a peaceful neighborhood close to local parks, shopping, dining, West Middle School, and Lawrence Free State High School. Whether you're looking for your first home, sizing down, or searching for a turnkey investment, this affordable gem is ready for its next owner. Schedule your showing today!

255 N Michigan Street Unit #4, Lawrence

Listing courtesy of Steve Skeet of Skeet Real Estate LLC.

$199,900

2 Beds ⋅ 1 Baths

Charming, updated and move-in ready at $210,000! This 2-bedroom, 1-bath Lawrence bungalow pairs classic character with a long list of recent improvements. Step inside to find fresh interior paint, new flooring and an updated kitchen featuring new white cabinetry, granite countertops, a deep sink and included appliances. Just off the kitchen is a versatile bonus room, perfect for a home office, hobby space, guest area or additional living space, along with a separate laundry room.Outside, the home has been refreshed with new exterior paint, a brand-new roof, newer gutters, a new privacy fence and gravel driveway. The covered front porch adds to the home's welcoming curb appeal, while mature trees provide a beautiful setting. A detached garage offers additional storage. With 940 square feet, this home makes great use of its space and offers an appealing combination of updates, character and affordability.

1226 Almira Street, Lawrence

Listing courtesy of Emily Stewart of Crystal Clear Realty.

$195,000

3 Beds ⋅ 2 Baths

3BR, 2BA condo unit in Naismith Place next to Naismith Valley Park with a bike path only minutes straight north to KU campus. Second floor unit with main entry AND side steps where the primary bedroom is so big it has a queen bed, living room set up and kitchen table all inside it (1st two pictures). Kitchen includes white shaker cabinets, black granite countertops, breakfast bar and stainless steel appliances. BR2 & 3 have covered decks. Tiled bathroom comes with stacker W/D. Community laundry is also available. HOA dues include property insurance (so your HO6 policy is cheap), roofs, exterior paint, privacy fences, lawn care, snow removal, 3rd party HOA management, trash andcommon area utilities.

1502 W 25th Court Unit #D8, Lawrence

Listing courtesy of Larry Northrop of Compass Realty Group.

$194,900

2 Beds ⋅ 1 Baths

The cutest home on the market in Lawrence! This adorable home is full of charm and character. Come and fall in love with all it has to offer. The home is all-electric and features a newer roof and HVAC system. The backyard is ready for its next chapter so whether you dream of growing a lush lawn, creating a big garden or designing your own outdoor oasis, there’s plenty of potential here. The shed stays, too! Charming, cozy, and ready for someone to make it their own.

1308 Oak Hill Avenue, Lawrence

Listing courtesy of Larry Northrop of Compass Realty Group.

$160,000

3 Beds ⋅ 1 Baths

Nice ranch home with no steps* Newer roof* Great back yard for gardens* Front porch nice for evenings* Big primary bedroom* Convenient access to 23rd street and Highway 10* Move right in!

2105 Haskell Avenue, Lawrence

Listing courtesy of Andrew DeWitt of ReeceNichols Preferred Realty.

$200,000

2 Beds ⋅ 1 Baths

Beautifully remodeled and truly move-in ready townhome offering modern style and peace of mind. Recent updates include a roofapproximately three years old, brand-new windows, and fresh interior paint. Exterior painting will be completed, featuring white trim witha naval blue front door and garage door. Inside, enjoy a fully remodeled kitchen with new cabinetry, sleek countertops, updated flooring,and new appliances—ideal for everyday living and entertaining. Major system upgrades include a new furnace, AC, and a new 40-gallonhot water heater. Outside, a large fenced yard provides space to relax or gather, and a single-car garage adds convenience andstorage. Ideally located near shopping, restaurants, and with easy access to surrounding communities. Live in one side or purchaseboth sides for an investment opportunity. Taxes and lot size are based on the full building. The other side is available at the same price,with a lot split to be completed prior to closing for single-unit buyers.

2414 Jasu Drive, Lawrence

Listing courtesy of Cheri Drake of McGrew Real Estate Inc.

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Lawrence Homes under $200,000

Newest Lawrence Homes under $200,000

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