2 Bedroom Apartments for Rent in Underwood, IN (51 Rentals)

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Renting with Roommates: Realistic Expectations for Shared Lease

Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

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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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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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Renting Smart: Lease Basics Every Renter Needs

Demystify Your Rental Lease. Learn the basics about renting, deposits, and tenant/landlord responsibilities. Rent smart and avoid surprises. | Renter University at ApartmentHomeLiving.com

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Water's Edge
2 Bedroom Apartments

Water's Edge

20 Red Oak WayAustin, IN 47102
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Foxtail Pointe
2 Bedroom Apartments

Foxtail Pointe

8810 Old Highway 60Sellersburg, IN 47172

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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Underwood, IN Local Guide

Largest Available Underwood and Nearby 2 Bedroom Apartments

The largest available 2 Bedroom apartment unit in Underwood, IN is found at Heritage Square in the Southern Indiana neighborhood and is 1,650 square feet priced from $1,725. Forest Edge Apartments in the Outer Southern Indiana Clark County neighborhood has the second largest 2 Bedroom, which is sized at 1,325 square feet and currently listed start at $1,645. Here is today’s list of the largest available 2 Bedroom units in Underwood:

Apartment ListingModel NameSquare FootagePriced From
Heritage SquareTwo Bedroom Townhome1,650 Sq Ft$1,725
Forest Edge ApartmentsThe Mulbery1,325 Sq Ft$1,645
Lakeside Gardens2 bed, 2 bath1,243 Sq Ft$1,530
The Warren Apartments2 Bed, 2 Bath1,243 Sq Ft$1,565
Carrington Place2 Bedroom 2 Bath1,242 Sq Ft$1,119
Ashby2 Bedroom 2 Bathroom1,242 Sq Ft$1,143
The Monroe2 Bedroom and 1.5 Bathroom L1,200 Sq Ft$1,049
Plum Ridge ApartmentsTwo Bed1,140 Sq Ft$1,375
The Commons Apartments2 BEDROOM1,135 Sq Ft$1,378
Rivers Edge Residences2 Beds, 2 baths1,090 Sq Ft$1,250

Cheapest Available Underwood and Nearby 2 Bedroom Apartments

As of May 31, 2026 the lowest priced 2 Bedroom apartment unit in Underwood, IN is the Two Bedroom, One Bath, 775 Sq Ft Model starting from $799 at Stonebrook of Scottsburg . The second most affordable Underwood 2 Bedroom is the 2 Bedroom Model at 701-709 Etzler Dr starting at $900 . The average price for all 2 Bedroom apartments in Underwood is currently $1,365. Here is today’s list of the cheapest available 2 Bedroom options in Underwood:

Apartment ListingModel NamePriced From
Stonebrook of ScottsburgTwo Bedroom, One Bath, 775 Sq Ft$799
701-709 Etzler Dr2 Bedroom$900
Mason Manor Apartments104$995
The Monroe2 Bedroom and 1.5 Bathroom S$999
Plaza Square Apartments2x1$1,000
Lakeview2 Bedroom 2 Bath - A$1,099
Klerner Lane ApartmentsTwo Bed 970$1,100
Carrington Place2 Bedroom 1 Bath$1,102
Renaissance Park ApartmentsTwo Bedroom Two Bathroom$1,129
Ashby2 Bedroom 2 Bathroom$1,143

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Frequently Asked Questions about 2 Bedroom Underwood Apartments

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

The average rent for a 2 Bedroom Apartment in Underwood is $1,365.

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

Today's apartment with the most square footage in Underwood is a 1,650 square feet unit starting from $1,725 at Heritage Square.

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

The average size for a 2 Bedroom rental in Underwood is currently 1,093 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

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.