
Cheap Homes for Rent in Lorraine Park Neighborhood of Evansville, IN from $500 (17 Rentals)
Search the lowest-cost Homes available for rent right now in the Lorraine Park area of Evansville.


2001 S Kerth Ave

414 E Virginia St

1407 Marshall Ave

640 Jefferson Ave
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.

106 E Maryland St

1501 Henning Ave

1116 E Gum St

1032 Covert Ave

2161 Washington Ave
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.

844 Bellemeade Ave

837 Prosperity Ave

1100 Erie Ave

1223 S Lincoln Park Dr

905 Lincoln Ave
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

1807 S Kerth Ave

909 Lincoln Ave
Lorraine Park, Evansville, IN Local Guide

How much does it cost to rent a home in Lorraine Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lorraine Park 2 Bedroom Homes for Rent | $1,037 | $890 | $1,295 |
| Lorraine Park 3 Bedroom Homes for Rent | $1,557 | $800 | $2,950 |
| Lorraine Park 4 Bedroom Homes for Rent | $1,861 | $1,000 | $3,800 |
Browse Homes for Rent in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Lorraine Park Neighborhood of Evansville, IN.
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Lorraine Park, Evansville, IN Local Guide
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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 Peyton Place Apartments priced from $650. Embassy Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $685. Here are the most affordable Lorraine Park apartments for rent in Evansville, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Peyton Place Apartments | 1BR/1BA | 1BR,1BA | $650 |
| Embassy Apartments | 0.1 | Studio,1BA | $685 |
| Heathmoore - Evansville | 1 Bed 1 Bath | 1BR,1BA | $700 |
| Bradford Pointe Apartments | INBFP 2x1 675sqft - Classic | 2BR,1BA | $805 |
| Northbend Townhomes | Princess | 1BR,1BA | $840 |
Best Value Apartments for Rent in Lorraine Park, IN
As of March 12, 2026 the best value apartment in the Lorraine Park area is the $0.62 price per square foot 506 Washington Ave Model at 506 Washington Ave, Unit A in the in the Lincoln-Bellemeade neighborhood starting from $1,425. The second greatest value Lorraine Park apartment is the Two Bedroom One Bathroom Model at Hornbrook Estates Apartments starting at $1,125 with a $1.17 price per square foot in the Jeannette neighborhood. Here is today’s list of the best values for Lorraine Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 506 Washington Ave, Unit A | 506 Washington Ave | 3BR,2BA | $0.62 |
| Hornbrook Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.17 |
| City Pointe | 2 Bedroom 1 Bath | 2BR,1BA | $1.30 |
| Devonshire Gardens I & II | 1 Bed 1 Bath B | 1BR,1BA | $1.04 |
| Addison Place | St Charles | 2BR,1BA | $1.15 |
| Village Green | Cherry | 1BR,1BA | $1.11 |
| Bradford Pointe Apartments | INBFP 2x1 675sqft - Deluxe | 2BR,1BA | $1.34 |
| Northbend Townhomes | Princess | 1BR,1BA | $1.36 |
| Heathmoore - Evansville | 1 Bed 1 Bath | 1BR,1BA | $1.22 |
| Peyton Place Apartments | 1BR/1BA | 1BR,1BA | $1.17 |
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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Pet Friendly LifestyleLorraine Park, Evansville, IN
Ranked #30
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Lorraine Park, Evansville, IN
Fairlawn Elementary School
Benjamin Bosse High School
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 113 Apartments for Rent in Lorraine Park, IN with pricing that ranges from $500 to $1,560. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lorraine Park ranging from $550 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 $550 to $3,800 with an average monthly rent of $1,154.
How much are larger Three and Four Bedroom Rentals in Lorraine Park?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lorraine Park range from $1,170 to $1,560, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $2,950. Four Bedroom Single-Family rentals are also available starting from $1,000 and Four Bedroom Apartments start at $1,325.
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

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.

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.