Apartment for rent

Cat friendly

16 Hours Ago

Parkway Terrace Apartments featuring studio, 1 bedroom, and 2 bedroom apartments
2327 Murphy Dr, Lawrence, KS 66046, USA

Parkway Properties

Monthly rent	$740–$800
Beds	1–2
Baths	1
Sqft	600–770

Monthly rent	$740–$800
Beds	1–2
Baths	1
Sqft	600–770

16 Hours Ago

Highlights

Conveniently located
On-site maintenance
Friendly staff
Easy access

Location

2327 Murphy Dr, Lawrence, KS 66046, USA

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Tour Parkway Terrace Apartments featuring studio, 1 bedroom, and 2 bedroom apartments

Contact

Managed by

Management

Parkway Properties

Leasing office

(785) 841-1155

Floor plans

	1BR/1.0BA	1 bed	1 bath	600 sqft	$740 /mo	1 unit available			Top floor 1 bdr/ 1 bath apartment. Wood floors, huge bathroom, walk-in closet, ceiling fan, and spacious kitchen. Conveniently located to the best of Lawrence and KU. Take a look today www parkwaypropertiesks com or call our friendly staff (785) 841-1155 or email us at ****
	2BR/1.0BA	2 bed	1 bath	770 sqft	$800 /mo	1 unit available			Two Bedroom/ One Bath Apartment. Fully Tiled Kitchen And Bathroom. Kitchen Is Large With Lots Of Cabinets And Room For A Table. Includes All Appliances. Bedrooms Are Finished With Wood Floors And Ceiling Fans. Central Heat And Air. Conveniently Located To Campus And Lots Of Dining And Shopping. Visit Our Website Www Parkwaypropertiesks Com or Call Our Friendly Staff (785) 841-1155.

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Amenities for Parkway Terrace Apartments featuring studio, 1 bedroom, and 2 bedroom apartments

Appliances

Dishwasher	Electric Range
Garbage Disposal	Range
Refrigerator

Building

Cats OK

Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Dog Policy

Not allowed

Cat Policy

Allowed

Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units	67

About Parkway Terrace Apartments featuring studio, 1 bedroom, and 2 bedroom apartments

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Apartments in Lawrence

Parkway Terrace Apartments featuring studio, 1 bedroom, and 2 bedroom apartments

Parkway Terrace Apartments located centrally in Lawrence, KS offers studio, 1 bedroom, and 2 bedroom apartments.

Parkway Terrace Apartments featuring studio, 1 bedroom, and 2 bedroom apartments is great for:

Pet owners

7 pet supply stores near the property
2 pet hospitals in the area
1 pet grooming service nearby

Property highlights

How Parkway Terrace Apartments featuring studio, 1 bedroom, and 2 bedroom apartments compares to other nearby properties.

Considerations

Grow a garden indoors: A balcony, backyard, or shared outdoor space isn't available
Lacks images: Fewer than 10 photos available for this location

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Rent trends in Lawrence

1-bedroom apartments here are priced 16% lower than 1-bedrooms in Lawrence.

If you decide to upgrade your space, you can expect 2-bedrooms at Parkway Terrace Apartments featuring studio, 1 bedroom, and 2 bedroom apartments to be 30% less than the average for similarly sized apartments in Lawrence.

Median rents as of Oct 25 2025.

Lawrence

A table of studio rental data trends in Lawrence
Month	Median Rent
November 2023	$747
December 2023	$723
January 2024	$714
February 2024	$834
March 2024	$793
April 2024	$698
May 2024	$710
June 2024	$710
July 2024	$710
August 2024	$710
September 2024	$710
October 2024	$717
November 2024	$857
December 2024	$1,023
January 2025	$962
February 2025	$888
March 2025	$746
April 2025	$663
May 2025	$665
June 2025	$698
July 2025	$730
August 2025	$727
September 2025	$658
October 2025	$734

Affordability calculator

Can I afford to live at 2327 Murphy Dr?

Bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.

The general rule of thumb is to spend around 30% or less of your income on rent.

Recommended income

$29,600/yr

With your selected rent-to-income ratio, you'd ideally want to make $29,600 annually to afford this 1-bedroom monthly rent price of $740.

For more information on rent affordability, visit our rent calculator.

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