Zumper
modified
18 Hours Ago

Highlights

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

Location

5001 Lakeside Court, Evansville, Indiana 47712, United States
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Contact

Management

Guardian Properties

Leasing office

(812) 424-0790

Property Overview

Lakewood Flats and Townhomes is a highly rated property, earning an impressive Zumper expert rating of 8.3, with standout scores of 9 for both price and amenities, indicating excellent value for renters. It features notable amenities such as an in-unit washer and dryer, a pet-friendly environment, and convenient access to local services, making it ideal for those working from home and pet owners. The property’s prime location further enhances its appeal, providing easy access to essential points of interest and solidifying its reputation as a trustworthy option for potential renters.

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

8.3
Very Good
With a solid 8.3 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 Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • More space
  • Dishwasher
  • Images Available

Great for

  • Pet owners

Floor plans

1 lg w/d1 bed1 bath790 sqft$870 /mo1 unit availableMonthly Pricing Base Rent: $870 Water/Sewer/Trash: $59 Cable/Internet: $67 Liability Insurance: $15 Total Monthly Cost: $1,011 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: $250 (due before move-in; earn interest on your deposit through Whale)
2 small wd2 bed1 bath770 sqft$850 /mo1 unit availableSay goodbye to laundromats! This cozy 770 sq ft two-bedroom apartment features newly installed washer/dryer connections, stackable washer/dryer units —bringing convenience right into your home. Your furry friends are welcome too, with no breed restrictions or weight limits! Monthly Fees: Base Rent: $850 (limited time price drop, apply today!) Trash/Water/Sewer: $80 Cable/Internet: $67 Liability Insurance: $15 Total Estimated Monthly Cost: $1,012 Electric/Gas: Resident responsibility (paid directly to provider) Pet Rent: $25/month per pet (max 2 pets) Security deposit: $250, due prior to move in. Earn interest on your security deposit through Whale! Enjoy the perfect blend of comfort, convenience, and pet-friendly living—schedule your tour today!
2 del wd2 bed1 bath940 sqft$990 /mo1 unit availableSay goodbye to laundromats! This cozy 940 sq ft two-bedroom apartment features newly installed washer/dryer connections, stackable washer/dryer units —bringing convenience right into your home. Your furry friends are welcome too, with no breed restrictions or weight limits! Monthly Fees: Base Rent: $990 Trash/Water/Sewer: $80 Cable/Internet: $67 Liability Insurance: $15 Total Estimated Monthly Cost: $1152 Electric/Gas: Resident responsibility (paid directly to provider) Pet Rent: $25/month per pet (max 2 pets) Security deposit: $250, due prior to move in. Earn interest on your security deposit through Whale! Enjoy the perfect blend of comfort, convenience, and pet-friendly living—schedule your tour today!

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Amenities for Lakewood Flats and Townhomes

Appliances

DishwasherIn-Unit Laundry
OvenRange
RefrigeratorStove/Oven
Washer and Dryer

Building

Cats OKDogs OK
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

Dog Policy

Allowed
Limit1
Breed restrictionsNo

Cat Policy

Allowed
Limit1

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.
8.3
/10
Very Good
With a solid 8.3 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 Price— 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·9A 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 goes above and beyond to provide sought-after conveniences and desirable perks, including pets allowed. Renters looking for popular or luxurious features will find them here—and for that reason, Lakewood Flats and Townhomes receives one of the highest amenities scores.
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:

Pet owners

  • 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

More space
The 1-bedroom is 62 sqft larger than other listings nearby
Dishwasher
Dishwasher available in kitchen
Images Available
There are at least 10 photos of this address

Considerations

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 2% 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 8% less than the average for similarly sized apartments in Evansville.

Median rents as of Nov 29 2025.
Evansville
A table of studio rental data trends in Evansville
MonthMedian Rent
December 2023$876
January 2024$961
February 2024$862
March 2024$1,324
April 2024$1,292
May 2024$1,655
June 2024$1,537
July 2024$1,057
August 2024$908
September 2024$1,712
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

Affordability calculator

Can I afford to live at 5001 Lakeside Court?

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

$34,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $34,800 annually to afford this 1-bedroom monthly rent price of $870.
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-

Culver Family Learning Center

1301 judson st

evansville, IN, 47713

PKPublic
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Internet available near Lakewood Flats and Townhomes

Getting around Evansville near 5001 Lakeside Court

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 Court, 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 Court

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

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