3 Bedroom Apartments for Rent in Underwood, IN (36 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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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
3 Bedroom Apartments

Water's Edge

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

Foxtail Pointe

8810 Old Highway 60Sellersburg, IN 47172
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Koehler Springs
3 Bedroom Apartments

Koehler Springs

2012 Payne Koehler RdSellersburg, IN 47172
  • Utilities Included

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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Showing Results 1-36, Page 1 of 1

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 The Slate in the Southern Indiana neighborhood and is 1,525 square feet priced from $1,820. The Warren Apartments has the second largest 3 Bedroom, which is sized at 1,525 square feet and currently listed start at $1,850. Here is today’s list of the largest available 3 Bedroom units in Underwood:

Apartment ListingModel NameSquare FootagePriced From
The Slate3 bed, 2 bath1,525 Sq Ft$1,820
The Warren Apartments3 Bed, 2 Bath1,525 Sq Ft$1,850
Parkside Trace Apartments3 BEDROOM 2 BATH NEW CONSTRUCTION1,350 Sq Ft$1,429
Charlestown FlatsThree Bedroom Flat1,075 Sq Ft$1,384

Cheapest Available Underwood and Nearby 3 Bedroom Apartments

As of May 31, 2026 the lowest priced 3 Bedroom apartment unit in Underwood, IN is the Three Bedroom Flat Model starting from $1,384 at Charlestown Flats in the Outer Southern Indiana Clark County neighborhood. The second most affordable Underwood 3 Bedroom is the 3 BEDROOM 2 BATHROOM Model at Parkside Trace Apartments starting at $1,429 . The average price for all 3 Bedroom apartments in Underwood is currently $1,737. Here is today’s list of the cheapest available 3 Bedroom options in Underwood:

Apartment ListingModel NamePriced From
Charlestown FlatsThree Bedroom Flat$1,384
Parkside Trace Apartments3 BEDROOM 2 BATHROOM$1,429
The Slate3 bed, 2 bath$1,820
The Warren Apartments3 Bed, 2 Bath$1,850

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 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 $1,737.

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

Today's apartment with the most square footage in Underwood is a 1,525 square feet unit starting from $1,820 at The Slate.

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

The average size for a 3 Bedroom rental in Underwood is currently 1,548 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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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.