Cheap Apartments for Rent in the Lorraine Park Neighborhood of Evansville, IN from $400 (61 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lorraine Park area of Evansville.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Boeke Place
1 Bedroom Apartments

Boeke Place

1401 S Boeke RdEvansville, IN 47714
  • Utilities Included
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Shannon Glenn
Studio to 3 Bedroom Apartments

Shannon Glenn

280 Shamrock CtEvansville, IN 47715
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Normandy Arms
1 to 2 Bedroom Apartments

Normandy Arms

600 Normandy DrEvansville, IN 47715
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Fairmont Apartments
Studio to 2 Bedroom Apartments

Fairmont Apartments

4982-4984 Tippecanoe DrEvansville, IN 47715
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Kinway Apartments
1 to 3 Bedroom Apartments

Kinway Apartments

1952 Colts LnEvansville, IN 47714
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Eastlodge
1 to 3 Bedroom Apartments

Eastlodge

1625 Cass CtEvansville, IN 47715
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Wedgewood
2 Bedroom Apartments

Wedgewood

1127 Lincoln AveEvansville, IN 47714

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Legacy Commons
Studio to 2 Bedroom Apartments

Legacy Commons

1101 S Lincoln Park DrEvansville, IN 47714
  • Utilities Included
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Grand Oak Community
1 to 4 Bedroom Apartments

Grand Oak Community

5010 Cass AveEvansville, IN 47715
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Lorraine Park, Evansville, IN Local Guide

Cheapest Available Lorraine Park Apartments for Rent

 

The cheapest available apartment rental in the Lorraine Park area of Evansville, IN is a 1 Bed unit found at Embassy Apartments priced from $547. Sontra Evansville Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $655. Here are the most affordable Lorraine Park apartments for rent in Evansville, IN:

Apartment ListingModel NameBed/BathPriced From
Embassy Apartments1.11BR,1BA$547
Sontra Evansville Apartments0BR/1.0BAStudio,1BA$655
Heathmoore - Evansville1 Bed 1 Bath1BR,1BA$670
Shannon GlennMcConnell2BR,1BA$710
Bradford Pointe ApartmentsINBFP 2x1 675sqft - Classic2BR,1BA$725
Village GreenCypress Premium1BR,1BA$770
Addison PlaceWindsor1BR,1BA$814
Northbend Townhomes1 Bedroom Flat1BR,1BA$840
The Manning1 Bedroom 1 Bathroom1BR,1BA$849
Hornbrook Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$895

Best Value Apartments for Rent in Lorraine Park, IN

As of July 27, 2026 the best value apartment in the Lorraine Park area is the $0.87 price per square foot 2BR/1.0BA Model at Ross Center Village in the in the Lincoln-Bellemeade neighborhood starting from $995. The second greatest value Lorraine Park apartment is the 2 Bedroom 1 Bath Model at City Pointe starting at $1,195 with a $1.33 price per square foot in the Lincoln-Bellemeade neighborhood. Here is today’s list of the best values for Lorraine Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ross Center Village2BR/1.0BA2BR,1BA$0.87
City Pointe2 Bedroom 1 Bath2BR,1BA$1.33
Devonshire Gardens I & II1 Bed 1 Bath C1BR,1BA$1.03
Colonial Manor Apartments2X12BR,1BA$1.15
Shannon GlennKillarney2BR,1.5BA$1.28
Bradford Pointe ApartmentsINBFP 2x1 675sqft - Deluxe2BR,1BA$1.22
Addison PlaceWindsor1BR,1BA$1.23
The Manning1 Bedroom 1 Bathroom1BR,1BA$1.32
Northbend Townhomes1 Bedroom Flat1BR,1BA$1.36
Heathmoore - Evansville1 Bed 1 Bath1BR,1BA$1.16

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Lorraine Park, Evansville, IN

Ranked #38

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Lorraine Park, Evansville, IN

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals in cities across the United States and customized analysis for Central Evansville, IN. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Lorraine Park Apartments

What is the Cheapest Studio apartment in Lorraine Park?

Currently the most affordable Cheap Studio Apartment in Lorraine Park is at Sontra Evansville Apartments listed at $655.

How much is rent for a Cheap One Bedroom Lorraine Park Apartment?

The lowest price for a Cheap One Bedroom Lorraine Park Apartment is $547 at Embassy Apartments.

What is the lowest price for a Cheap Two Bedroom Lorraine Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lorraine Park is starting from $710 at Shannon Glenn.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.