2 Bedroom Apartments for Rent in New Underwood, SD (53 Rentals)

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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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 3537 School Dr

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000

2 Bedroom, 1 Bath Home for Rent

Available Now

3537 School Dr

Rapid CitySD57703
property at 4131 Parkview Dr

$1,510

Total Monthly Price

Total Monthly Price

Base Rent
$1,510
Total Monthly Price
$1,510

2 Bedroom, 2 Bath Townhome for Rent

Available Apr 8

4131 Parkview Dr

Rapid CitySD57701
property at 961 Northridge Dr

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650
Total Monthly Price
$1,650

2 Bedroom, 1 Bath Townhome for Rent

Available Apr 24

961 Northridge Dr

Rapid CitySD57701

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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property at 3436 Kyle St

$1,725

Total Monthly Price

Total Monthly Price

Base Rent
$1,725
Total Monthly Price
$1,725

2 Bedroom, 2 Bath Townhome for Rent

Available Now

3436 Kyle St

Rapid CitySD57701
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440 N Creek Dr
2 Bedroom Apartments

440 N Creek Dr

440 N Creek DrRapid City, SD 57703
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New Underwood, SD Local Guide

Largest Available New Underwood and Nearby 2 Bedroom Apartments

The largest available 2 Bedroom apartment unit in New Underwood, SD is found at Tallgrass Apartments and is 1,251 square feet priced from $1,675. The Elements, LLC in the Downtown Rapid City neighborhood has the second largest 2 Bedroom, which is sized at 1,145 square feet and currently listed start at $1,750. Here is today’s list of the largest available 2 Bedroom units in New Underwood:

Apartment ListingModel NameSquare FootagePriced From
Tallgrass ApartmentsO1,251 Sq Ft$1,675
The Elements, LLC2Bed/2Bath1,145 Sq Ft$1,750
Countryside Apartments2 bed 2 bath1,080 Sq Ft$1,325
Orchard MeadowsTwo Bedroom1,080 Sq Ft$1,375
Johnson Ranch Apartments2 Bedroom 2 Bath1,080 Sq Ft$1,325
Champion Villas2 Bedroom 2 Bathroom Apartment1,070 Sq Ft$1,320
Antelope RidgeDakota Acres 2 Bed1,066 Sq Ft$1,305
Block5Steel1,050 Sq Ft$1,999
Vistas at Cheyenne PassTwo Bedroom1,050 Sq Ft$1,400
The Pines at Rapid2/2985 Sq Ft$1,349

Cheapest Available New Underwood and Nearby 2 Bedroom Apartments

As of March 17, 2026 the lowest priced 2 Bedroom apartment unit in New Underwood, SD is the Two Beds, One Bath Model starting from $849 at The Place at Hainesway in the Downtown Rapid City neighborhood. The second most affordable New Underwood 2 Bedroom is the 2 Bedroom Garden Level Model at Civic Plaza Apartments starting at $865 . The average price for all 2 Bedroom apartments in New Underwood is currently $1,489. Here is today’s list of the cheapest available 2 Bedroom options in New Underwood:

Apartment ListingModel NamePriced From
The Place at HaineswayTwo Beds, One Bath$849
Civic Plaza Apartments2 Bedroom Garden Level$865
Bridgewood EstatesSpacious living + master walk-in closet *WAITLIST*$1,055
The Place at Estes ParkTwo Bed Two Bath$1,075
Country Bluff ApartmentsThe Lincoln$1,085
Prairie Tree Apartments2B$1,155
KC LoftsUnit B | 2 Bedroom, 1 Bathroom$1,195
Vista Pointe Apartments2-Bed 1 Bath$1,254
BG Flats Apartments2 Bedroom 2 Bathroom Apartment$1,280
Moonlight Apartment ComplexTwo Bedroom$1,300

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore New Underwood, SD Rentals by Map

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Frequently Asked Questions about 2 Bedroom New Underwood Apartments

What is the Cheapest apartment in New Underwood with 2 Bedroom?

Currently the most affordable 2 Bedroom in New Underwood is at The Place at Hainesway listed at $849.

How much is the average rent for a 2 Bedroom New Underwood Apartment?

The average rent for a 2 Bedroom Apartment in New Underwood is $1,489.

What is the largest available 2 Bedroom New Underwood Apartment for rent?

Today's apartment with the most square footage in New Underwood is a 1,251 square feet unit starting from $1,675 at Tallgrass Apartments.

What is the average size for New Underwood 2 Bedroom Apartments for rent?

The average size for a 2 Bedroom rental in New Underwood is currently 1,007 sq ft.

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

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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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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.

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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.

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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.