3 Bedroom Apartments for Rent in Underwood, IN (38 Rentals)

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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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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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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.

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Foxtail Pointe
3 Bedroom Apartments

Foxtail Pointe

8810 Old Highway 60Sellersburg, IN 47172

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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Koehler Springs
3 Bedroom Apartments

Koehler Springs

2012 Payne Koehler RdSellersburg, IN 47172
  • Utilities Included
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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$1,589
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 Bend3 Bedroom1,300 Sq Ft$1,900
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 January 28, 2026 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 Three Bedroom Flat Model at Charlestown Flats starting at $1,384 in the Outer Southern Indiana Clark County neighborhood. The average price for all 3 Bedroom apartments in Underwood is currently $1,660. 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
Charlestown FlatsThree Bedroom Flat$1,384
Parkside Trace Apartments3 BEDROOM 2 BATHROOM$1,429
Armstrong Farm3 Bed | 2 Bath$1,479
Nicholas LandingThree Bedroom$1,496
Forest Edge ApartmentsThe Sycamore$1,570
Lakeside Gardens3 bed, 2 bath$1,589
The LaurelD2- Willow$1,790
The Slate3 bed, 2 bath$1,820
The Flats of River RidgeD2 - Louisville$1,840

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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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 $1,660.

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 1,628 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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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.

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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.

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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.

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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.