3 Bedroom Apartments for Rent in Underwood, IN (37 Rentals)

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Foxtail Pointe
3 Bedroom Apartments

Foxtail Pointe

8614 Highway 60Sellersburg, IN 47172
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Koehler Springs
3 Bedroom Apartments

Koehler Springs

2012 Payne Koehler RdSellersburg, IN 47172
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Underwood, IN Local Guide

Largest Available Underwood and Nearby 3 Bedroom Apartments

The largest available 3 Bedroom apartment unit in Underwood, IN is found at Heritage Square in the Southern Indiana neighborhood and is 1,765 square feet priced from $1,950. Forest Edge Apartments in the Outer Southern Indiana Clark County neighborhood has the second largest 3 Bedroom, which is sized at 1,525 square feet and currently listed start at $1,570. Here is today’s list of the largest available 3 Bedroom units in Underwood:

Apartment ListingModel NameSquare FootagePriced From
Heritage SquareThree Bedroom Townhome1,765 Sq Ft$1,950
Forest Edge ApartmentsThe Sycamore1,525 Sq Ft$1,570
Lakeside Gardens3 bed, 2 bath1,525 Sq Ft$1,606
The Slate3 bed, 2 bath1,525 Sq Ft$1,820
Arbour Place Apartments3 Bed, 2 Bath1,525 Sq Ft$1,850
The Warren Apartments3 Bed, 2 Bath1,525 Sq Ft$1,850
Parkside Trace Apartments3 BEDROOM 2 BATH NEW CONSTRUCTION1,350 Sq Ft$1,429
The Flats of River RidgeD2 - Louisville1,240 Sq Ft$1,800
The LaurelD2- Willow1,240 Sq Ft$1,790
Nicholas LandingThree Bedroom0 Sq Ft$1,496

Cheapest Available Underwood and Nearby 3 Bedroom Apartments

As of November 15, 2025 the lowest priced 3 Bedroom apartment unit in Underwood, IN is the Water's Edge Three Bedroom Reservation List Model starting from $1,006 at Water's Edge . The second most affordable Underwood 3 Bedroom is the 3 BEDROOM 2 BATHROOM Model at Lakeview Apartments starting at $1,369 in the Southern Indiana neighborhood. The average price for all 3 Bedroom apartments in Underwood is currently $1,670. Here is today’s list of the cheapest available 3 Bedroom options in Underwood:

Apartment ListingModel NamePriced From
Water's EdgeWater's Edge Three Bedroom Reservation List$1,006
Lakeview Apartments3 BEDROOM 2 BATHROOM$1,369
Charlestown FlatsThree Bedroom Flat$1,384
Parkside Trace Apartments3 BEDROOM 2 BATHROOM$1,429
Nicholas LandingThree Bedroom$1,496
Armstrong Farm3 Bed | 2 Bath$1,506
Forest Edge ApartmentsThe Sycamore$1,570
Lakeside Gardens3 bed, 2 bath$1,606
The LaurelD2- Willow$1,790
The Flats of River RidgeD2 - Louisville$1,800

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Frequently Asked Questions about 3 Bedroom Underwood Apartments

How much is the average rent for a 3 Bedroom Underwood Apartment?

The average rent for a 3 Bedroom Apartment in Underwood is $1,670.

What is the largest available 3 Bedroom Underwood Apartment for rent?

Today's apartment with the most square footage in Underwood is a 1,765 square feet unit starting from $1,950 at Heritage Square.

What is the average size for Underwood 3 Bedroom Apartments for rent?

The average size for a 3 Bedroom rental in Underwood is currently 1,286 sq ft.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.