Cheap Homes for Rent in Lorraine Park Neighborhood of Evansville, IN from $600 (22 Rentals)

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

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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property at 1509 E Illinois St

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

2 Bedroom, 1 Bath Home for Rent

Available Now

1509 E Illinois St

EvansvilleIN47711
property at 112 Polster Dr

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

2 Bedroom, 1 Bath Home for Rent

Available Now

112 Polster Dr

EvansvilleIN47714

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Showing Results 1-22, Page 1 of 1

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 Studio unit found at Sontra Evansville Apartments priced from $630. Crescent Court Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here are the most affordable Lorraine Park apartments for rent in Evansville, IN:

Apartment ListingModel NameBed/BathPriced From
Sontra Evansville Apartments0BR/1.0BAStudio,1BA$630
Crescent Court Apartments1BR/1.0BA1BR,1BA$675
Embassy Apartments0.1Studio,1BA$685
Heathmoore - Evansville1 Bed 1 Bath1BR,1BA$700
Shannon GlennMcConnell2BR,1BA$710

Best Value Apartments for Rent in Lorraine Park, IN

As of April 26, 2026 the best value apartment in the Lorraine Park area is the $1.29 price per square foot 970 S Hebron Ave Model at 970 S Hebron Ave, Unit Hebron Place in the in the Lincoln-Bellemeade neighborhood starting from $2,700. The second greatest value Lorraine Park apartment is the 2BR/1.0BA Model at Ross Center Village starting at $975 with a $0.85 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.
970 S Hebron Ave, Unit Hebron Place970 S Hebron Ave3BR,2BA$1.29
Ross Center Village2BR/1.0BA2BR,1BA$0.85
Hornbrook Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.04
City Pointe2 Bedroom 1 Bath2BR,1BA$1.33
Shannon GlennMcConnell2BR,1BA$0.89
Devonshire Gardens I & IIII 1 Bed 1 Bath C1BR,1BA$1.19
Addison PlaceWindsor1BR,1BA$1.23
Northbend Townhomes1 Bedroom Flat1BR,1BA$1.34
Heathmoore - Evansville1 Bed 1 Bath1BR,1BA$1.22
Crescent Court Apartments1BR/1.0BA1BR,1BA$1.22

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

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 #44

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

Frequently Asked Questions about Lorraine Park

What type of rentals are currently available in Lorraine Park?

There are currently 115 Apartments for Rent in Lorraine Park, IN with pricing that ranges from $500 to $2,700. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lorraine Park ranging from $695 to $3,800.

What is the current price range for Rental Homes in Lorraine Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lorraine Park ranges from $695 to $3,800 with an average monthly rent of $1,527.

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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.