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


The Flats of River Ridge

The Warren Apartments

The Laurel Apartments

Heritage Square

The Slate

Armstrong Farm

Arbour Place Apartments
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.

Forest Edge Apartments

Parkside Trace Apartments

Lakeside Gardens

Nicholas Landing

Koehler Springs
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.

Williams Crossing Townhomes

4105 Lakeside Dr

7307 Meyer Loop

8024 Lucas Ln

1950 Harmony Cir

456 Thompson St

7608 Samuel Dr

1824 E Spring St

1747 E Oak St

362 Popp Ave

4930 Grant Line Rd

4934 Grant Line Rd
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.

4932 Grant Line Rd

1500 E Market St

47 Country Manor Blvd

7307 Meyer Loop

8024 Lucas Ln

1200 Goshen Ln

7608 Samuel Dr

7003 Green Spring Dr
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.

12101 River Beauty Loop
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 | $1,107 | $995 | $1,175 |
Underwood 1 Bedroom Apartments | $1,280 | $200 | $2,295 |
Underwood 2 Bedroom Apartments | $1,528 | $895 | $4,450 |
Underwood 3 Bedroom Apartments | $1,861 | $1,006 | $5,200 |
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Underwood, IN Local Guide
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Largest Available Underwood and Nearby 3 Bedroom Apartments
The largest available 3 Bedroom apartment unit in Underwood, IN is found at Forest Edge Apartments in the Outer Southern Indiana Clark County neighborhood and is 1,525 square feet priced from $1,795. Arbour Place Apartments in the Oak Park neighborhood 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 Listing | Model Name | Square Footage | Priced From |
---|---|---|---|
Forest Edge Apartments | The Sycamore | 1,525 Sq Ft | $1,795 |
Arbour Place Apartments | 3 Bed, 2 Bath | 1,525 Sq Ft | $1,850 |
The Warren Apartments | 3 Bed, 2 Bath | 1,525 Sq Ft | $1,850 |
Parkside Trace Apartments | 3 BEDROOM 2 BATH NEW CONSTRUCTION | 1,350 Sq Ft | $1,429 |
Koehler Springs | Koehler Springs II | 1,344 Sq Ft | $1,400 |
Williams Crossing Townhomes | WITH Storage | 1,344 Sq Ft | $1,400 |
The Flats of River Ridge | D2 - Louisville | 1,240 Sq Ft | $1,820 |
The Laurel Apartments | D2 - Willow | 1,240 Sq Ft | $1,790 |
Water's Edge | Water's Edge Three Bedroom Reservation List | 1,183 Sq Ft | $1,006 |
Nicholas Landing | Three Bedroom | 0 Sq Ft | $1,411 |
Cheapest Available Underwood and Nearby 3 Bedroom Apartments
As of June 10, 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 Koehler Springs - Original Model at Koehler Springs starting at $1,200 in the Southern Indiana neighborhood. The average price for all 3 Bedroom apartments in Underwood is currently $1,861. Here is today’s list of the cheapest available 3 Bedroom options in Underwood:
Apartment Listing | Model Name | Priced From |
---|---|---|
Water's Edge | Water's Edge Three Bedroom Reservation List | $1,006 |
Koehler Springs | Koehler Springs - Original | $1,200 |
Williams Crossing Townhomes | WITH Storage | $1,400 |
Nicholas Landing | Three Bedroom | $1,411 |
Parkside Trace Apartments | 3 BEDROOM 2 BATHROOM | $1,429 |
Armstrong Farm | 3 Bed | 2 Bath | $1,636 |
The Laurel Apartments | D2 - Willow | $1,790 |
Forest Edge Apartments | The Sycamore | $1,795 |
The Flats of River Ridge | D2 - Louisville | $1,820 |
The Warren Apartments | 3 Bed, 2 Bath | $1,850 |
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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 $1,861.
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 $1,795 at Forest Edge Apartments.
What is the average size for Underwood 3 Bedroom Apartments for rent?
The average size for a 3 Bedroom rental in Underwood is currently 1,314 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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.