Available July 10th. 3 Bed 2 bath Apartment. Stackable washer and dryer included. Easy access to bus routes and local amenities. Lawn care and snow removal provided by the landlord. No pets allowed. Tenants pay all utilities. Due to occupancy, virtual showings are not available at this time. No AirBnB or renting out rooms or other similar subletting. Tenants are not allowed to use the property as an AirBnB and cannot sub-rent out rooms or some or all of the space in any way. Minimum Credit Score for All Applicants. 650 or higher credit is required, regardless of source of income. Credit and Background Checks for All Occupants. Before being approved and moved in, credit history, criminal, background check, eviction history check and prior landlord verification is required for each adult individual who will be living in the property. All tenants and cosigners must fill out a separate application with their own information. Registered offenders are not accepted. Convicted felons will be declined. This is a Non-smoking property. Marijuana smoking, vaping or any form of tobacco use is not accepted. Minimum Income Required for All Applicants. Applicants' total source of income, including any housing voucher or other rental assistance program must be at least double the rent for the full term of the lease. Roommates can combine their income to reach the threshold of income being double the rent or the income of a co-signer can be added if approved. House approval for housing program is not guaranteed....

RentalSource last checked: June 12, 2026 · 3:46 PM ET

Last updated: May 21, 2026 at 2:21 PM ET

Managed by: Location Properties Property Management · (785) 592-3884 · TenantTurner

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Property Summary

Property Type:	Apartment
Rental Fee:	$1,500
Bedrooms:	3 beds
Bathrooms:	2 baths

Size:	Inquire
Pet Friendly:	No
Listing Status:	Active
ID:	83503456

Property Amenities

• Washer/Dryer In Unit

Leasing Information

Fees: Application fee $30 (mandatory, nonrefundable, pre-move-in). Lease term: 12 months.

Additional Details

Apartment for rent in Lawrence for $1,500 with 3 beds, 2 baths and located at 503 Colorado St #1 in Lawrence, KS 66044. The rental price of $1,500 is 2.3% ($36) lower than the average rent of $1,536 for a 3 bedroom apartment in Lawrence, KS and 2.5% ($39) lower than the average rent of $1,539 for a 3 bedroom apartment in Douglas County. 503 Colorado St #1 was advertised by Location Properties Property Management on April 26, 2026 at 10:33 AM ET, last updated on May 21, 2026 at 2:21 PM ET and last checked yesterday at 3:46 PM ET.

Affordability Calculator

Can I afford to live at 503 Colorado St #1?

Bedrooms

3 bedrooms

Rent-to-income ratio

30%

10% Recommended 50%

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Recommended income

$60,000 /year

With your chosen rent-to-income ratio, an annual income of $60,000 is recommended to comfortably afford this 3-bedroom rental priced at $1,500 per month.

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Apartment for rent

$1,500

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Property managed by:

Location Properties Property Management
(785) 592-3884

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