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Highlights

  • Pet Friendly
  • Balcony
  • Cable/internet
  • Pet-friendly community
  • In-unit washer and dryer
  • Premier apartment community
  • Grilling and picnic area

Location

5001 Lakeside Ct, Evansville, IN 47712, USA
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Contact

Management

Guardian Properties, LLC

Leasing office

(706) 733-1600

Property Overview

Lakewood Flats and Townhomes earns strong marks for overall value, amenities, and location, with a high expert rating, competitive pricing, and standout community features. It also offers practical conveniences like in-unit laundry, balconies, cable/internet, and a grilling and picnic area, while nearby dining, transit, and pet-related resources add to its appeal.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.5
Very Good
With a solid 8.5 out of 10 overall, Lakewood Flats and Townhomes is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Lakewood Flats and Townhomes has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Middle school nearby
  • More space
  • Dishwasher

Great for

  • Social life
  • Pet owners

Floor plans

One Bedroom Regular1 bed1 bath625 sqft$815 /mo1 unit availableMonthly Pricing Base Rent: $815 Water/Sewer/Trash: $59 Cable/Internet: $71 Liability Insurance: $15 Total Monthly Cost: $960 Electric: Resident responsibility (paid directly to provider) Pet Rent: $25 per pet/month (max 2; no breed or weight restrictions) Move-In Costs Application Fee: $55 per person age 18+ in the household Administrative Fee: $150 (due upon application approval to hold the apartment) Security Deposit: Starting at $250, varies based on credit. Due prior to move in, earn up to 3% interest on your security deposit through Whale!
One Bedroom Deluxe1 bed1 bath790 sqft$880–$915 /mo3 units availableOne bedroom with all-in-one washer/dryer included and balcony, perfect for enjoying the upcoming summer weather! Monthly Costs: Base Rent: $880 Trash/Water/Sewer: $59 Cable/Internet: $71 Liability Insurance: $15 Total Monthly Cost: $1025 Additional Details: Electric is the resident’s responsibility and paid directly to the provider. Pet Fees: $25/month per pet (maximum of 2 pets per household) $250 non-refundable pet fee per pet No breed restrictions or weight limits Administrative Fee: $150 (due once the application is approved to hold your spot) Security Deposit: Starting at $250, varies based on credit. Due prior to move in, earn up to 3% interest on your security deposit through Whale! Don’t miss out—schedule your tour today and make this apartment your new home!
Two Bedroom Deluxe2 bed1 bath940 sqft$1,005 /mo1 unit availableSay goodbye to laundromats! This spacious 940 sq ft two-bedroom apartment features an in-unit stacked washer/dryer bringing everyday convenience straight to your home. Monthly Costs Base Rent: $1005 Trash / Water / Sewer: $80 Cable / Internet: $71 Liability Insurance: $15 Total Estimated Monthly Cost: $1171 Electric: Resident responsibility (paid directly to provider) Pet-Friendly Community Pet Rent: $25 per month, per pet (maximum of 2 pets) Non-Refundable Pet Fee: $250 per pet (maximum of 2 pets) No breed or weight restrictions! One-Time Fees Application Fee: $55 per person over 18 in the household Administrative Fee: $150 (due upon approval) Security Deposit: $250 (paid through Whale — earn interest on your deposit while you live here!) Enjoy the perfect blend of space, comfort, and convenient pet-friendly living. Schedule your tour today and make this apartment your new home!

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Amenities for Lakewood Flats and Townhomes

Appliances

DishwasherIn-Unit Laundry
MicrowaveOven
RangeRefrigerator
StoveStove/Oven
Updated Black AppliancesWasher and Dryer

Building

Cats OKDogs OK
Laundry Facility OnsiteOnsite Laundry

Grounds

Swimming Pool
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Water Sewer Garbage Fee

Monthly.

$59–$80

Cable Tv Internet Services

Monthly.

$71

Risk Premium Deposit

Monthly.

$15

OPTIONAL FEES

Dog Policy

Allowed
Limit1
Breed restrictionsNo

Cat Policy

Allowed
Limit1

Cat

Pet Terms

1 cat max.

Dog

Pet Terms

1 dog max.

Questions about this property’s policies and fees?

Building details

Property details

Units121
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About Lakewood Flats and Townhomes

HomeApartments in Evansville Lakewood Flats and Townhomes

Welcome to Lakewood West, a premier apartment community located in the heart of Evansville, IN. Our community offers a range of amenities designed to enhance your living experience. Enjoy a refreshing dip in our pool or host a fun-filled barbecue in our grilling and picnic area. We understand that pets are part of the family, which is why we are a pet-friendly community with no size or breed restrictions. For your convenience, select apartments are equipped with in-unit washer and dryer. At Lakewood West, we strive to provide a comfortable and welcoming environment for all our residents. Come and discover the lifestyle you deserve at Lakewood Flats and Townhomes. We operate out of two offices, Monday-Friday 8 am to 5 pm. For leasing assistance, please call our office at (812)424-0790.


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.5
/10
Very Good
With a solid 8.5 out of 10 overall, Lakewood Flats and Townhomes is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Lakewood Flats and Townhomes has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
How we rated Lakewood Flats and Townhomes
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Lakewood Flats and Townhomes stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Lakewood Flats and Townhomes stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Lakewood Flats and Townhomes is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Lakewood Flats and Townhomes does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

Lakewood Flats and Townhomes is great for:

Social life

  • Areas nearby are accessible by walking
  • 61 restaurants within 1 mile of this property
  • The area has transit options
  • This community has public spaces on site, like fitness centers or pools

Pet owners

  • Pet deposit required
  • 2 pet grooming services nearby
  • 2 pet supply stores near the property

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How Lakewood Flats and Townhomes compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 0.5 mile away
More space
The 1-bedroom is 132 sqft larger than other listings nearby
Dishwasher
Dishwasher available in kitchen
Images Available
There are at least 10 photos of this address
Laundry available on site
Washers and dryers are available in-building or in-unit

Considerations

Greater distance from high schools
The nearest high school is farther than 2 miles away
Greater distance from grade schools
The nearest elementary school is farther than 1 mile away

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Rent trends in Evansville

1-bedroom apartments here are priced 7% higher than 1-bedrooms in Evansville.

If you decide to upgrade your space, you can expect 2-bedrooms at Lakewood Flats and Townhomes to be 1% more than the average for similarly sized apartments in Evansville.

Median rents as of Sep 12 2026.
Evansville
A table of studio rental data trends in Evansville
MonthMedian Rent
September 2024$1,779
October 2024$1,786
November 2024$1,797
December 2024$1,839
January 2025$1,839
February 2025$1,899
March 2025$1,403
April 2025$1,108
May 2025$1,810
June 2025$1,525
July 2025$1,295
August 2025$1,187
September 2025$1,667
October 2025$1,122
November 2025$807
December 2025$1,566
January 2026$1,486
February 2026$1,491
March 2026$1,449
April 2026$1,526
May 2026$1,453
June 2026$987
July 2026$1,480
August 2026$1,544
September 2026$1,461

Affordability calculator

Can I afford to live at 5001 Lakeside Ct?

Bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$33,900/yr

With your selected rent-to-income ratio, you'd ideally want to make $33,900 annually to afford this 1-bedroom median monthly rent price of $847.
For more information on rent affordability, visit our rent calculator.

Schools near Lakewood Flats and Townhomes

Daniel Wertz Elementary School

1702 s red bank rd

evansville, IN, 47712

PK, K-5Public
B-

Carpenter Court Head Start

607 e iowa st

evansville, IN, 47711

PKPublic

Culver Family Learning Center

1301 judson st

evansville, IN, 47713

PKPublic

Caldwell Head Start

626 cross st

evansville, IN, 47713

PKPublic

McCutchanville Elementary School

10701 petersburg rd

evansville, IN, 47725

PK, K-6Public
A-
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Internet available near Lakewood Flats and Townhomes

Getting around Evansville near 5001 Lakeside Ct

Walking

4/10
Some shops and stores are within a few minutes.

Driving

8/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

4/10
This is semi-bikeable, but you’ll need another way of getting around.

Points of interest for 5001 Lakeside Ct, Evansville

Groceries

6/10
At least one supermarket within a 15-minute walk

Shopping

4/10
Several shops within walking distance

Cafes

4/10
Some cafés within a few minutes’ walk

Restaurants

4/10
Some restaurants within a few minutes’ walk

Primary schools

7/10
At least one elementary school within a 15-minute walk

High schools

5/10
At least one high school within a 20-minute walk

Nightlife

3/10
Some bars within walking distance

Explore the area around 5001 Lakeside Ct

Schnucks
4500 W Lloyd Expy
ALDI
214 S Rosenberger Ave
Walmart Supercenter
335 S Red Bank Rd
Wesselman's Supermarkets
700 N Sonntag Ave
Grocery Outlet
1200 N Fulton Ave

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