
Cheap Homes for Rent in Lorraine Park Neighborhood of Evansville, IN from $500 (21 Rentals)
Search the lowest-cost Homes available for rent right now in the Lorraine Park area of Evansville.


1905 S New York Ave

1102 Washington Ave

1019 N Garvin St

1231 E Illinois St

208 E Maryland St

1237 E Indiana St
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.

1054 Madison Ave

665 St Mary's Dr

640 Jefferson Ave

814 Taylor Ave

1133 Bayard Park Dr

317 S Grand Ave

504 Adams 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.

2556 Sweetser Ave

2240 Margybeth Ave

1121 S Dexter Ave

726 Ridgeway Ave

1501 Henning Ave

722 Jackson Ave

216 Madison 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.
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 | $990 | $600 | $2,300 |
| Lorraine Park 3 Bedroom Homes for Rent | $1,344 | $800 | $2,950 |
| Lorraine Park 4 Bedroom Homes for Rent | $1,491 | $900 | $3,800 |
Browse Homes for Rent in this Neighborhood
There are currently 21 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 Studio unit found at Embassy Apartments priced from $685. Heathmoore - Evansville has the second lowest priced unit, which is a 1 Bed apartment currently listed from $690. Here are the most affordable Lorraine Park apartments for rent in Evansville, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Embassy Apartments | 0.1 | Studio,1BA | $685 |
| Heathmoore - Evansville | 1 Bed 1 Bath | 1BR,1BA | $690 |
| Village Green | Cypress | 1BR,1BA | $715 |
| Devonshire Gardens I & II | II 1 Bed 1 Bath A | 1BR,1BA | $725 |
| Addison Place | Windsor | 1BR,1BA | $799 |
Best Value Apartments for Rent in Lorraine Park, IN
As of January 06, 2026 the best value apartment in the Lorraine Park area is the $1.17 price per square foot Two Bedroom One Bathroom Model at Hornbrook Estates Apartments in the in the Jeannette neighborhood starting from $1,125. The second greatest value Lorraine Park apartment is the 2 Bedroom 1 Bath Model at City Pointe starting at $1,170 with a $1.30 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hornbrook Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.17 |
| City Pointe | 2 Bedroom 1 Bath | 2BR,1BA | $1.30 |
| Legacy Commons | 2 BEDROOM | 2BR,1BA | $1.26 |
| Bradford Pointe Apartments | Classic Two Bedroom Apartment Home | 2BR,1BA | $1.34 |
| Addison Place | Windsor | 1BR,1BA | $1.21 |
| The Manning | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.45 |
| Dalehaven Estates | Princess | 1BR,1BA | $1.36 |
| Heathmoore - Evansville | 1 Bed 1 Bath | 1BR,1BA | $1.20 |
| Devonshire Gardens I & II | II 1 Bed 1 Bath A | 1BR,1BA | $1.39 |
| Village Green | Cypress | 1BR,1BA | $1.40 |
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 #27
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 114 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 $1,161.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!