2 Bedroom Apartments for Rent in Underwood, IN (50 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.

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.

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.

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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Water's Edge
2 Bedroom Apartments

Water's Edge

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

Foxtail Pointe

8810 Old Highway 60Sellersburg, IN 47172
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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

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 Forest Edge Apartments in the Outer Southern Indiana Clark County neighborhood and is 1,337 square feet priced from $1,595. Arbour Place Apartments in the Oak Park neighborhood has the second largest 2 Bedroom, which is sized at 1,243 square feet and currently listed start at $1,595. Here is today’s list of the largest available 2 Bedroom units in Underwood:

Apartment ListingModel NameSquare FootagePriced From
Forest Edge ApartmentsThe Mulbery1,337 Sq Ft$1,595
Arbour Place Apartments2 Bed, 2 Bath1,243 Sq Ft$1,595
The Warren Apartments2 Bed, 2 Bath1,243 Sq Ft$1,550
Lakeside Gardens2 bed, 2 bath1,243 Sq Ft$1,545
Ashby Apartments2 BEDROOM 2 BATHROOM1,242 Sq Ft$1,250
Plum Ridge ApartmentsTwo Bed1,140 Sq Ft$1,200
The Commons Apartments2 BEDROOM1,135 Sq Ft$1,365
Parkside Trace Apartments2 BEDROOM 2 BATHROOM NEW CONSTRUCTION1,117 Sq Ft$1,169
Adelyn Apartments51,114 Sq Ft$1,195
Rivers Edge Residences2 Beds, 2 baths1,090 Sq Ft$1,250

Cheapest Available Underwood and Nearby 2 Bedroom Apartments

As of March 19, 2026 the lowest priced 2 Bedroom apartment unit in Underwood, IN is the 2 Bedroom Model starting from $900 at 701-709 Etzler Dr . The second most affordable Underwood 2 Bedroom is the 2x1 Model at Plaza Square Apartments starting at $1,000 in the Southern Indiana neighborhood. The average price for all 2 Bedroom apartments in Underwood is currently $1,356. Here is today’s list of the cheapest available 2 Bedroom options in Underwood:

Apartment ListingModel NamePriced From
701-709 Etzler Dr2 Bedroom$900
Plaza Square Apartments2x1$1,000
Stonebrook of ScottsburgTwo Bedroom, Two Bath, 775 Sq Ft$1,000
Armstrong Farm2 Bed | 2 Bath$1,102
Greenbrier Apartments892 SQ FT - PHASE 1$1,104
Renaissance Park ApartmentsTwo Bedroom Two Bathroom$1,129
Holmans Crossing Apartments2Bedroom/2Bathroom 986 sqft (1st or 2nd floor)$1,150
Parkside Trace Apartments2 BEDROOM 2 BATHROOM$1,169
Stonebridge ApartmentsSecond Floor 2Bed/2Bath$1,175
Silver Creek Commons East & West2 Bedroom East$1,195

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

How much rent can you afford?

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!

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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 $1,356.

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

Today's apartment with the most square footage in Underwood is a 1,337 square feet unit starting from $1,595 at Forest Edge Apartments.

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

The average size for a 2 Bedroom rental in Underwood is currently 1,035 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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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.