Cheap Homes for Rent in Lorraine Park Neighborhood of Evansville, IN from $500 (22 Rentals)

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

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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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.

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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 Devonshire Gardens I & II priced from $675. 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 ListingModel NameBed/BathPriced From
Devonshire Gardens I & IIII 1 Bed 1 Bath A1BR,1BA$675
Embassy Apartments0.1Studio,1BA$685
Heathmoore - Evansville1 Bed 1 Bath1BR,1BA$700
Addison PlaceWindsor1BR,1BA$750
Shannon GlennO`Conner3BR,2BA$806

Best Value Apartments for Rent in Lorraine Park, IN

As of January 09, 2026 the best value apartment in the Lorraine Park area is the $0.77 price per square foot O`Conner Model at Shannon Glenn in the in the Lant Manor neighborhood starting from $806. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Shannon GlennO`Conner3BR,2BA$0.77
Hornbrook Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.17
City Pointe2 Bedroom 1 Bath2BR,1BA$1.30
Legacy Commons2 BEDROOM2BR,1BA$1.26
Addison PlaceSt Charles2BR,1BA$1.15
Village GreenChestnut Premium1BR,1BA$1.26
Bradford Pointe ApartmentsINBFP 2x1 675sqft - Deluxe2BR,1BA$1.34
Dalehaven EstatesPrincess1BR,1BA$1.36
Heathmoore - Evansville1 Bed 1 Bath1BR,1BA$1.22
Devonshire Gardens I & IIII 1 Bed 1 Bath A1BR,1BA$1.29

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 #25

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 116 Apartments for Rent in Lorraine Park, IN with pricing that ranges from $565 to $2,000. There are also 61 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 $1,178.

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 $1,155 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 $900 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

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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.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!