2 Bedroom Apartments for Rent near Underwood, IN (52 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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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. Arbour Place Apartments in the Jeffersonville neighborhood has the second largest 2 Bedroom, which is sized at 1,243 square feet and currently listed start at $1,620. 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
Arbour Place Apartments2 Bed, 2 Bath1,243 Sq Ft$1,620
The Warren Apartments2 Bed, 2 Bath1,243 Sq Ft$1,565
Lakeside Gardens2 bed, 2 bath1,243 Sq Ft$1,397
The Slate2 bed, 2 bath1,243 Sq Ft$1,465
Carrington Place2 Bedroom 2 Bath1,242 Sq Ft$1,119
Ashby2 Bedroom 2 Bathroom1,242 Sq Ft$1,143
Adelyn Apartments4231-11,237 Sq Ft$1,250
The LaurelC7- Sunflower1,226 Sq Ft$1,680
Arbor Place ApartmentsThe Arbor1,192 Sq Ft$1,150

Cheapest Available Underwood and Nearby 2 Bedroom Apartments

As of July 15, 2026 the lowest priced 2 Bedroom apartment unit in Underwood, IN is the 2 Bedroom Model starting from $900 at 701-709 Etzler Dr in the Washington County neighborhood. The second most affordable Underwood 2 Bedroom is the 2 Bedroom East Model at Silver Creek Commons East & West starting at $995 in the New Albany neighborhood. The average price for all 2 Bedroom apartments in Underwood is currently $1,336. Here is today’s list of the cheapest available 2 Bedroom options in Underwood:

Apartment ListingModel NamePriced From
701-709 Etzler Dr2 Bedroom$900
Silver Creek Commons East & West2 Bedroom East$995
The Monroe2 Bedroom and 1.5 Bathroom S$999
Plaza Square Apartments2x1$1,000
Renaissance Park ApartmentsNew Construction Two Bedroom Two Bathroom$1,095
Klerner Lane ApartmentsTwo Bed 970$1,100
Carrington Place2 Bedroom 1 Bath$1,102
Ashby2 Bedroom 2 Bathroom$1,143
Adelyn Apartments4229-7$1,145
Arbor Place ApartmentsThe Arbor$1,150

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 $1,336.

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 1,146 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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.