
Cheap 2 Bedroom Apartments for Rent in Underwood, MN from $695 (42 Rentals)


Liberty Lights Apartments

Spruce Place Apartments

Pelican Rapids Townhomes

Center Street Apartments

River Bluff Apartments

Runestone Grand Apartments

Colonial Village Apartments
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

McKay Apartments

Lincoln Apartments

Water Station Apartments

Colonial Court

East Side Stories Apartments

Central Lakes

Broadway Apartments

Granite Manor/Runestone
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

Pelican Heights Apartments

Cascade Apartments

Twenty08 Apartments

Meadows Edge Apartments

Stetson Village Apartments

Somerset Apartments

Blue Eagle Townhomes

Westdale Apartments
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.

Sunridge Apartments

Lakewood Apartments

Total Monthly Price
Pheasant Run Apartments

10th Avenue Apartments

KMA - Highland Terrace Apartments

Carolina Village

Scandia Village I, II, and III

Del Rose Apartments
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.

Aspen Green II

Ridgeview Manor - Trail I and II

1504 & 1508 Jefferson St

1627 7th St N

806 8th St N

702 8th Ave N

Riverside Apartments

Oak Knoll Complex
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.

Condamera Apartments

JP Place
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 | $980 | $599 | $1,295 |
| Underwood 1 Bedroom Apartments | $1,220 | $575 | $1,868 |
| Underwood 2 Bedroom Apartments | $1,369 | $695 | $2,819 |
| Underwood 3 Bedroom Apartments | $1,366 | $795 | $1,995 |
| Underwood 4 Bedroom Apartments | $1,677 | $1,270 | $2,095 |
Explore Underwood
Underwood, MN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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.
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.
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 Cheap Underwood Apartments
What is the Cheapest Studio apartment in Underwood?
Currently the most affordable Cheap Studio Apartment in Underwood is at Western Road Apartments listed at $675.
How much is rent for a Cheap One Bedroom Underwood Apartment?
The lowest price for a Cheap One Bedroom Underwood Apartment is $675 at Western Road Apartments.
What is the lowest price for a Cheap Two Bedroom Underwood Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Underwood is starting from $675 at Western Road Apartments.
What is the most affordable Underwood Three Bedroom Apartment?
The best deal on a cheap Underwood Three Bedroom Apartment rental is at Western Road Apartments and starts from $675.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.