
2 Bedroom Apartments for Rent in Underwood, IN (50 Rentals)


The Bend

The Laurel

Plum Ridge Apartments

The Warren Apartments

The Flats of River Ridge

Heritage Square

Arbour Place Apartments

The Slate

Stonebridge Apartments
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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.

Armstrong Farm

Flats on 10th

Forest Edge Apartments

Renaissance Park Apartments

Ashby Apartments

Lakeview Apartments

Parkside Trace Apartments

Rivers Edge Residences

Adelyn Apartments

Lakeside Gardens
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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.

Holmans Crossing Apartments

Greenbrier Apartments

The Jeff On 10th

701-709 Etzler Dr

Plaza Square Apartments

Carrington Place Apartments

Nicholas Landing

Stonebrook of Scottsburg

Charlestown Flats

Highland Glen
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Willow Run

4435 Parker Ave

428 Locust St

1101 Foghorn Dr

117 N 45th St

201 Stonebench Cir

1733 McDonald Ln

1502 Culbertson Ave

704 W 7th St

525 E 8th St
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.

13202 Prospect Glen Way

10600 Norton Commons Walk

Water's Edge

2830-2834 Charlestown Rd

Foxtail Pointe

Arbor Place Apartments

z-120125-The Monroe

Klerner Lane Apartments

The Commons Apartments

Koehler Springs
Underwood, IN Local Guide

How much does it cost to rent an apartment in Underwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Underwood Studio Apartments | $1,173 | $1,026 | $1,266 |
| Underwood 1 Bedroom Apartments | $1,169 | $200 | $1,535 |
Underwood 2 Bedroom Apartments | $1,356 | $863 | $2,296 |
| Underwood 3 Bedroom Apartments | $1,637 | $1,157 | $1,885 |
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Underwood, IN Local Guide
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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 Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Forest Edge Apartments | The Mulbery | 1,337 Sq Ft | $1,595 |
| Arbour Place Apartments | 2 Bed, 2 Bath | 1,243 Sq Ft | $1,595 |
| The Warren Apartments | 2 Bed, 2 Bath | 1,243 Sq Ft | $1,550 |
| Lakeside Gardens | 2 bed, 2 bath | 1,243 Sq Ft | $1,545 |
| Ashby Apartments | 2 BEDROOM 2 BATHROOM | 1,242 Sq Ft | $1,250 |
| Plum Ridge Apartments | Two Bed | 1,140 Sq Ft | $1,200 |
| The Commons Apartments | 2 BEDROOM | 1,135 Sq Ft | $1,365 |
| Parkside Trace Apartments | 2 BEDROOM 2 BATHROOM NEW CONSTRUCTION | 1,117 Sq Ft | $1,169 |
| Adelyn Apartments | 5 | 1,114 Sq Ft | $1,195 |
| Rivers Edge Residences | 2 Beds, 2 baths | 1,090 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 Listing | Model Name | Priced From |
|---|---|---|
| 701-709 Etzler Dr | 2 Bedroom | $900 |
| Plaza Square Apartments | 2x1 | $1,000 |
| Stonebrook of Scottsburg | Two Bedroom, Two Bath, 775 Sq Ft | $1,000 |
| Armstrong Farm | 2 Bed | 2 Bath | $1,102 |
| Greenbrier Apartments | 892 SQ FT - PHASE 1 | $1,104 |
| Renaissance Park Apartments | Two Bedroom Two Bathroom | $1,129 |
| Holmans Crossing Apartments | 2Bedroom/2Bathroom 986 sqft (1st or 2nd floor) | $1,150 |
| Parkside Trace Apartments | 2 BEDROOM 2 BATHROOM | $1,169 |
| Stonebridge Apartments | Second Floor 2Bed/2Bath | $1,175 |
| Silver Creek Commons East & West | 2 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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Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Underwood, IN Rentals by Map
See the most popular apartments and homes in Underwood, IN
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

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.

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.

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.

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.