2223 Mayflower Manor
New AlbanyIN47150
Cheap Homes for Rent in Underwood, IN from $700 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Underwood.
1107 Silverton Ct
ClarksvilleIN47129
111 Kenwood Ave
CharlestownIN47111
1304 Indiana Ave
New AlbanyIN47150
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
136 E Harrison Ave
ClarksvilleIN47129
217 Lowell Ave
CharlestownIN47111
4305 Reas Ln
New AlbanyIN47150
118 Fairview Ave
JeffersonvilleIN47130
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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Underwood, IN Local Guide
Welcome to Indiana sign by Mark Goebel is licensed under CC BY 2.0
How much does it cost to rent a home in Underwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Underwood 2 Bedroom Homes for Rent | $860 | $800 | $900 |
| Underwood 3 Bedroom Homes for Rent | $2,031 | $1,195 | $3,000 |
| Underwood 4 Bedroom Homes for Rent | $3,520 | $1,500 | $10,000+ |
| Underwood 5 Bedroom Homes for Rent | $5,650 | $3,300 | $8,000 |
| Underwood 6 Bedroom Homes for Rent | $5,575 | $4,900 | $6,250 |
Browse Top Homes for Rent in Underwood
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Underwood, IN Local Guide
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Cheapest Available Underwood Apartments for Rent and Nearby
The cheapest available apartment rental in Underwood, IN is a 1 Bed unit found at Yellowwood Terrace Affordable Senior Housing in the Southern Indiana neighborhood priced from $200. Stonebrook of Scottsburg has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Underwood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Yellowwood Terrace Affordable Senior Housing | Standard | 1BR,1BA | $200 |
| Stonebrook of Scottsburg | A1 | 1BR,1BA | $750 |
| Water's Edge | One Bedroom Reservation List | 1BR,1BA | $771 |
Best Value Apartments for Rent in Underwood, IN and Nearby
As of September 08, 2025 the best value apartment in the Underwood area is the $1.12 price per square foot The Sequoia Model at Forest Edge Apartments in the in the Outer Southern Indiana Clark County neighborhood starting from $1,395. The second greatest value Underwood apartment is the 2 BEDROOM 2 BATHROOM Model at Ashby Apartments starting at $1,185 with a $0.95 price per square foot in the Southern Indiana neighborhood. Here is today’s list of the best values for Underwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Forest Edge Apartments | The Sequoia | 2BR,2BA | $1.12 |
| Ashby Apartments | 2 BEDROOM 2 BATHROOM | 2BR,2BA | $0.95 |
| Rivers Edge Residences | 2 Beds, 2 baths | 2BR,2BA | $1.10 |
| Lakeview Apartments | 2 BEDROOM 2 BATHROOM B | 2BR,2BA | $1.12 |
| Carrington Place Apartments | 2 BEDROOM 1 BATHROOM | 2BR,1BA | $1.10 |
| Plaza Square Apartments | 2x1 | 2BR,1BA | $1.00 |
| Holmans Crossing Apartments | 2Bedroom/2Bathroom 986 sqft (1st or 2nd floor) | 2BR,2BA | $1.11 |
| 281 E Main St | One Bed, One Bath | 1BR,1BA | $0.97 |
| Water's Edge | One Bedroom Reservation List | 1BR,1BA | $1.10 |
| Yellowwood Terrace Affordable Senior Housing | Standard | 1BR,1BA | $0.34 |
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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 Underwood
What type of rentals are currently available in Underwood?
There are currently 42 Apartments for Rent in Underwood, IN with pricing that ranges from $200 to $2,155. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Underwood ranging from $700 to $10,000.
What is the current price range for Rental Homes in Underwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Underwood ranges from $700 to $10,000 with an average monthly rent of $3,084.
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.
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.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.