Lawrence Homes under $200,000

Lawrence Homes under $200,000

Welcome to Lawrence, Kansas—a vibrant city steeped in history, culture, and a sense of community that is hard to match. Nestled in Douglas County, Lawrence is known for its picturesque landscapes, charming downtown area, and a rich tapestry of educational institutions, including the renowned University of Kansas. With its lively arts scene, diverse dining options, and an abundance of outdoor activities, Lawrence offers a perfect blend of urban excitement and small-town warmth.

For those seeking affordable housing options in this dynamic city, you’ll be pleased to know that Lawrence boasts a selection of homes priced under $200,000. Whether you’re a first-time homebuyer, looking to invest, or simply seeking a cozy abode, this price range opens the door to a variety of charming properties. From quaint bungalows to modern townhouses, you can find homes that cater to different tastes and lifestyles, all while enjoying the benefits of living in a city that values community engagement and quality of life.

Living in Lawrence means having access to beautiful parks, an eclectic mix of shops, and a calendar full of local events that celebrate the city’s rich heritage. With its friendly atmosphere and strong sense of community, Lawrence is not just a place to live; it’s a place to thrive. Discover your dream home today in this enchanting city, where affordability meets opportunity and where every street has a story to tell.

Newest Lawrence Homes under $200,000

255 N Michigan Street Unit #4, Lawrence
$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.
1226 Almira Street, Lawrence
$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.
1502 W 25th Court Unit #D8, Lawrence
$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.
1308 Oak Hill Avenue, Lawrence
$199,900
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.
2414 Jasu Drive, Lawrence
$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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The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. (“Heartland MLS”). Copyright 2026, Heartland Multiple Listing Service, Inc. Heartland MLS and the company represented by this website do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private noncommercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. Data last updated . Terms of Use

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