2 Bedroom Apartments for Rent in Underwood, IN (44 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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Foxtail Pointe
2 Bedroom Apartments

Foxtail Pointe

8810 Old Highway 60Sellersburg, IN 47172

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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z-120125-The Monroe
2 Bedroom Apartments

z-120125-The Monroe

940 University Woods DrNew Albany, IN 47150
Corporate Housing
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Klerner Lane Apartments
2 Bedroom Apartments

Klerner Lane Apartments

4123-4127 Klerner LnNew Albany, IN 47150
Student Housing
  • Utilities Included
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Koehler Springs
2 Bedroom Apartments

Koehler Springs

2012 Payne Koehler RdSellersburg, IN 47172
  • Utilities Included
Showing Results 1-44, Page 1 of 1

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 Lakeside Gardens in the Oak Park neighborhood and is 1,243 square feet priced from $1,344. The Slate in the Southern Indiana neighborhood has the second largest 2 Bedroom, which is sized at 1,243 square feet and currently listed start at $1,450. Here is today’s list of the largest available 2 Bedroom units in Underwood:

Apartment ListingModel NameSquare FootagePriced From
Lakeside Gardens2 bed, 2 bath1,243 Sq Ft$1,344
The Slate2 bed, 2 bath1,243 Sq Ft$1,450
Arbour Place Apartments2 Bed, 2 Bath1,243 Sq Ft$1,595
The Warren Apartments2 Bed, 2 Bath1,243 Sq Ft$1,550
Carrington Place Apartments2 BEDROOM 2 BATHROOM1,242 Sq FtCall for Rates
The LaurelC7- Sunflower1,226 Sq Ft$1,640
The Commons Apartments2 BEDROOM LARGE1,216 Sq Ft$1,422
Plum Ridge ApartmentsTwo Bed1,140 Sq Ft$1,200
Parkside Trace Apartments2 BEDROOM 2 BATHROOM NEW CONSTRUCTION1,117 Sq Ft$1,169
Rivers Edge Residences2 Beds, 2 baths1,090 Sq Ft$1,250

Cheapest Available Underwood and Nearby 2 Bedroom Apartments

As of January 04, 2026 the lowest priced 2 Bedroom apartment unit in Underwood, IN is the Water's Edge Two Bedroom Reservation List Model starting from $929 at Water's Edge . The second most affordable Underwood 2 Bedroom is the 5 Model at Mason Manor Apartments starting at $995 . The average price for all 2 Bedroom apartments in Underwood is currently $1,338. Here is today’s list of the cheapest available 2 Bedroom options in Underwood:

Apartment ListingModel NamePriced From
Water's EdgeWater's Edge Two Bedroom Reservation List$929
Mason Manor Apartments5$995
Plaza Square Apartments2x1$1,000
Willow RunTwo Bed One Bath$1,019
Greenbrier Apartments892 SQ FT - PHASE 1$1,079
Holmans Crossing Apartments2Bedroom/2Bathroom 986 sqft (1st or 2nd floor)$1,095
Renaissance Park ApartmentsTwo Bedroom Two Bathroom$1,129
Heritage SquareTwo Bedroom$1,169
Parkside Trace Apartments2 BEDROOM 2 BATHROOM$1,169
Stonebridge ApartmentsSecond Floor 2Bed/2Bath$1,175

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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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 Underwood, IN Rentals by Map

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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 $1,338.

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

Today's apartment with the most square footage in Underwood is a 1,243 square feet unit starting from $1,344 at Lakeside Gardens.

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

The average size for a 2 Bedroom rental in Underwood is currently 1,083 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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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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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!