
2 Bedroom Apartments for Rent in Underwood, MN (59 Rentals)


Total Monthly Price
Trailside Apartments - 55+ Community

10th Avenue Apartments

Westfield Apartments

Twenty08 Apartments

Center Street Apartments

Somerset Apartments

Granite Manor/Runestone

Bridgewater Estates

Colonial Court
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.

Lakewood Apartments

Total Monthly Price
Pheasant Run Apartments

Central Lakes

The Legacy of Alexandria

Spruce Place Apartments

Highland Lakeview Apartments Available for Rent

Runestone Grand Apartments

East Side Stories Apartments

Blue Eagle Townhomes

Westdale Apartments
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.

The Crossings Apartments

Meadows Edge Apartments

Stetson Village Apartments

South Point Apartments

Liberty Lights Apartments

Pelican Heights Apartments

Total Monthly Price
Sunset Ridge Apartments

Western Road Apartments

Pelican Rapids Townhomes

Lincoln Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
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Broadway Apartments

Sunridge Apartments

Hatchery Row

McKay Apartments

River Bluff Apartments

Cascade Apartments

Colonial Village Apartments

1612 8th St N

1624 8th St N

702 8th Ave N
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.

725 W Cavour Ave

513 1st St NW

KMA - Highland Terrace Apartments

Scandia Village I, II, and III

Carolina Village

Del Rose Apartments

Ridgeview Manor - Trail I and II

1504 & 1508 Jefferson St

806 8th St N

Aspen Green II
Underwood, MN Local Guide

How much does it cost to rent an apartment in Underwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Underwood Studio Apartments | $948 | $599 | $1,195 |
| Underwood 1 Bedroom Apartments | $1,236 | $575 | $1,915 |
| Underwood 2 Bedroom Apartments | $1,395 | $695 | $2,819 |
| Underwood 3 Bedroom Apartments | $1,377 | $795 | $1,950 |
| Underwood 4 Bedroom Apartments | $1,382 | $1,270 | $1,495 |
Browse Top Apartments in Underwood
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Underwood, MN Local Guide
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Largest Available Underwood and Nearby 2 Bedroom Apartments
The largest available 2 Bedroom apartment unit in Underwood, MN is found at Pelican Rapids Townhomes and is 1,480 square feet priced from $785. Twenty08 Apartments has the second largest 2 Bedroom, which is sized at 1,151 square feet and currently listed start at $1,550. Here is today’s list of the largest available 2 Bedroom units in Underwood:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Pelican Rapids Townhomes | 2 Bedroom | 1,480 Sq Ft | $785 |
| Twenty08 Apartments | C.3 | 1,151 Sq Ft | $1,550 |
| Cascade Apartments | Two Bedroom | 1,112 Sq Ft | $1,051 |
| Central Lakes | C.3 | 1,110 Sq Ft | $1,493 |
| South Point Apartments | 2 bedroom 2 bathroom | 1,056 Sq Ft | $1,395 |
| 10th Avenue Apartments | 975 Sq Ft | $1,550 | |
| Westdale Apartments | 2 Bedroom 2 Bathroom | 966 Sq Ft | $1,140 |
| Runestone Grand Apartments | 2 Bedroom | 875 Sq Ft | $935 |
| East Side Stories Apartments | 2 bed | 850 Sq Ft | $995 |
| Lakewood Apartments | 2 BD/1 BA | 850 Sq Ft | $1,195 |
Cheapest Available Underwood and Nearby 2 Bedroom Apartments
As of April 27, 2026 the lowest priced 2 Bedroom apartment unit in Underwood, MN is the 2 Bedroom 1 Bath - 48244 Model starting from $675 at Western Road Apartments . The second most affordable Underwood 2 Bedroom is the 2 Bedroom Model at Liberty Lights Apartments starting at $749 . The average price for all 2 Bedroom apartments in Underwood is currently $1,395. Here is today’s list of the cheapest available 2 Bedroom options in Underwood:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Western Road Apartments | 2 Bedroom 1 Bath - 48244 | $675 |
| Liberty Lights Apartments | 2 Bedroom | $749 |
| Pelican Rapids Townhomes | 2 Bedroom | $785 |
| Center Street Apartments | Wahp 2 bed | $795 |
| Runestone Grand Apartments | 2 Bedroom | $935 |
| East Side Stories Apartments | 2 bed | $995 |
| Lincoln Apartments | Lincoln Apartments | $995 |
| Cascade Apartments | Two Bedroom | $1,051 |
| Twenty08 Apartments | C.7 TIF | $1,060 |
| Westdale Apartments | 2 Bedroom 2 Bathroom | $1,140 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Underwood, MN Rentals by Map
See the most popular apartments and homes in Underwood, MN
Frequently Asked Questions about 2 Bedroom Underwood Apartments
What is the Cheapest apartment in Underwood with 2 Bedroom?
Currently the most affordable 2 Bedroom in Underwood is at Western Road Apartments listed at $675.
How much is the average rent for a 2 Bedroom Underwood Apartment?
The average rent for a 2 Bedroom Apartment in Underwood is $1,395.
What is the largest available 2 Bedroom Underwood Apartment for rent?
Today's apartment with the most square footage in Underwood is a 1,480 square feet unit starting from $785 at Pelican Rapids Townhomes.
What is the average size for Underwood 2 Bedroom Apartments for rent?
The average size for a 2 Bedroom rental in Underwood is currently 987 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

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.

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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.