
2 Bedroom Apartments for Rent near Underwood, MN (65 Rentals)


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Hillside Apartments

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Broadway Garden Estates

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Trailside Apartments - 55+ Community

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10th Avenue Apartments

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Westfield Apartments

Center Street Apartments

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Somerset Apartments

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Colonial Court

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Bridgewater Estates
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The Legacy of Alexandria

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Granite Manor/Runestone

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Pheasant Run

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Lakewood Apartments

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Spruce Place Apartments

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Highland Lakeview Apartments

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Runestone Grand Apartments

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Lincoln Apartments

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Pelican Heights Apartments

Westdale Apartments
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Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.

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The Crossings Apartments

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The Colony

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South Point Apartments

Western Road Apartments

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East Side Stories Apartments

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Pelican Rapids Townhomes

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Meadows Edge Apartments

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Hatchery Row

Liberty Lights Apartments

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North Valley Apartments
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Sunridge Apartments

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River Bluff Apartments

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Cascade Apartments

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McKay Apartments

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Stetson Village Apartments

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Riverside Apartments

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Sunset Ridge Apartments

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Colonial Village Apartments

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Broadway Apartments

1612 8th St N
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

1605 7th St N

1624 8th St N

802 8th St N

702 8th Ave N

409 Atlantic Ave

109 Velkommen St NE

637 W Laurel St

335 Maple Ridge Ct

KMA - Highland Terrace Apartments

Scandia Village I, II, and III
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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 | $1,124 | $550 | $1,355 |
| Underwood 1 Bedroom Apartments | $1,282 | $710 | $1,953 |
| Underwood 2 Bedroom Apartments | $1,378 | $695 | $2,500 |
| Underwood 3 Bedroom Apartments | $1,564 | $850 | $2,055 |
| Underwood 4 Bedroom Apartments | $1,929 | $1,295 | $2,155 |
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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 $1,175. Highland Lakeview Apartments has the second largest 2 Bedroom, which is sized at 1,150 square feet and currently listed start at $2,100. 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 | $1,175 |
| Highland Lakeview Apartments | Unit A - North View | 1,150 Sq Ft | $2,100 |
| Trailside Apartments - 55+ Community | LE HOMME DIEU 2 BEDROOM - AVAILABLE FALL 2026! | 1,128 Sq Ft | $2,003 |
| Cascade Apartments | Two Bedroom | 1,112 Sq Ft | $1,051 |
| Hatchery Row | Two Bedroom/ Two Bathroom | 1,109 Sq Ft | $1,900 |
| JP Place | Josiah | 1,046 Sq Ft | $1,425 |
| Granite Manor/Runestone | 2 Bedrooms, 2 full, 1057 sqft, 4541 Arbor Xing SE. | 976 Sq Ft | $1,353 |
| Westfield Apartments | 974 Sq Ft | $1,420 | |
| Hillside Apartments | 1829 - 2 BD/2 BA - Unit H | 945 Sq Ft | $1,655 |
| 10th Avenue Apartments | 1770 - 2BD/1BA | 900 Sq Ft | $1,183 |
Cheapest Available Underwood and Nearby 2 Bedroom Apartments
As of September 10, 2026 the lowest priced 2 Bedroom apartment unit in Underwood, MN is the 2 Bedroom Model starting from $700 at Liberty Lights Apartments . The second most affordable Underwood 2 Bedroom is the 2 Bedroom 1 Bath - 62380 Model at Western Road Apartments starting at $750 . The average price for all 2 Bedroom apartments in Underwood is currently $1,378. Here is today’s list of the cheapest available 2 Bedroom options in Underwood:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Liberty Lights Apartments | 2 Bedroom | $700 |
| Western Road Apartments | 2 Bedroom 1 Bath - 62380 | $750 |
| Spruce Place Apartments | 2 Bedroom | Spruce Place | $755 |
| Center Street Apartments | Wahp 2 bed | $795 |
| Runestone Grand Apartments | 2 Bedroom | $935 |
| Lincoln Apartments | Lincoln Apartments | $995 |
| McKay Apartments | 2 Bed/1 Bath | $995 |
| Cascade Apartments | Two Bedroom | $1,051 |
| Lakewood Apartments | 2 BD/1 BA | $1,095 |
| Pelican Rapids Townhomes | 2 Bedroom | $1,175 |
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.
Read ArticleReal 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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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 Liberty Lights Apartments listed at $700.
How much is the average rent for a 2 Bedroom Underwood Apartment?
The average rent for a 2 Bedroom Apartment in Underwood is $1,378.
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 $1,175 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 853 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

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.