
Cheap Apartments for Rent in Underwood, ND from $500 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in Underwood.


Brandon Heights Village

Kirkwood Manor Apartments

High Ridge

100 1st Ave

Arikara Apartments

Crestview Manor Apartments

Century East 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.

Hawken Ridge Apartments

Parkwood Apartments

Pebble Springs

Waters Edge

The Landings

Mandan Place Apartments

Northridge Apartments

Corner View 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.

Renaissance Lofts

Terrace Pointe Apartments

Live at Dwell!

North Pointe Apartments

Lakewood Estates Apartments

Hawk Pointe Apartments

Trestle Lofts

Legacy Heights Apartment Homes
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.

Cottonwood Apts #1

411 Market St E

212 1st St N

1015 N 6th St

117 Main St W

302 4th St NE

Radiance at Rockwood

1615 Hanaford Ave
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.

Ruso Apartments

3112 Twin City Dr

2711 Marina Rd SE
Underwood, ND Local Guide

How much does it cost to rent an apartment in Underwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Underwood Studio Apartments | $1,040 | $1,000 | $1,060 |
| Underwood 1 Bedroom Apartments | $1,335 | $795 | $3,500 |
| Underwood 2 Bedroom Apartments | $1,797 | $800 | $4,415 |
| Underwood 3 Bedroom Apartments | $1,870 | $980 | $4,227 |
| Underwood 4 Bedroom Apartments | $4,638 | $3,558 | $6,306 |
Browse Top Apartments in Underwood
See all Apartments in UnderwoodExplore Underwood
Underwood, ND Local Guide
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Cheapest Available Underwood Apartments for Rent and Nearby
 The cheapest available apartment rental in Underwood, ND is a 1 Bed unit found at High Ridge in the Bismarck Cathedral Area Historic District neighborhood priced from $800. 100 1st Ave has the second lowest priced unit, which is a 2 Beds apartment currently listed from $800. Here is today’s list of the most affordable Underwood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| High Ridge | One Bedroom - Plan 11B | 1BR,1BA | $800 |
| 100 1st Ave | Dupe 1 BR | 2BR,1BA | $800 |
| Arikara Apartments | 1 Bed, 1 bath | 1BR,1BA | $825 |
| Waters Edge | 1 bed 1 bath | 1BR,1BA | $1,020 |
| The Landings | 1 bed 1 bath | 1BR,1BA | $1,020 |
| Northridge Apartments | S2 | Studio,1BA | $1,060 |
| Corner View Apartments | 1 Bed / 1 Bath 645 sq ft Waterview | 1BR,1BA | $1,065 |
| Renaissance Lofts | Floor Plan L 0/1 - no balcony | 1BR,1BA | $1,100 |
| Coulee Ridge Apartments | 2 Bed 2 Bath | 950 sqft | 2BR,2BA | $1,571 |
| Hawk Pointe Apartments | 3 Bed 2 Bath | 1365 sqft | 3BR,2BA | $1,684 |
Best Value Apartments for Rent in Underwood, ND and Nearby
As of May 01, 2026 the best value apartment in the Underwood area is the $1.55 price per square foot 2 Bed / 2.5 Bath wEx. Suite 2,028 sq. ft. Theadore Model at Legacy Homes at Coulee Ridge in the in the East Bismarck neighborhood starting from $3,153. The second greatest value Underwood apartment is the 2 Bed 2 Bath Model at Coulee Ridge Twin Homes starting at $2,753 with a $1.65 price per square foot in the East Bismarck 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. |
|---|---|---|---|
| Legacy Homes at Coulee Ridge | 2 Bed / 2.5 Bath wEx. Suite 2,028 sq. ft. Theadore | 2BR,2.5BA | $1.55 |
| Coulee Ridge Twin Homes | 2 Bed 2 Bath | 2BR,2BA | $1.65 |
| Hawk Pointe Apartments | 3 Bed 2 Bath | 1365 sqft | 3BR,2BA | $1.23 |
| Beautiful 2 Bedroom, 2 Bathroom at Meadow Ridge Apartments | 2BED/2BATH/1CAR-CORP-2ND FLOOR | 2BR,2BA | $1.78 |
| Coulee Ridge Apartments | 2 Bed 2 Bath | 950 sqft | 2BR,2BA | $1.65 |
| Waters Edge | 1 bed 1 bath | 1BR,1BA | $1.28 |
| Arikara Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.15 |
| The Landings | 1 bed 1 bath | 1BR,1BA | $1.46 |
| Corner View Apartments | 1 Bed / 1 Bath 645 sq ft Waterview | 1BR,1BA | $1.65 |
| High Ridge | One Bedroom - Plan 11B | 1BR,1BA | $1.26 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 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
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 ArticleThe 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.
Read ArticleCash 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.
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, ND Rentals by Map
See the most popular apartments and homes in Underwood, ND
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 100 1st Ave listed at $1,000.
How much is rent for a Cheap One Bedroom Underwood Apartment?
The lowest price for a Cheap One Bedroom Underwood Apartment is $675 at High Ridge.
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 $800 at 100 1st Ave.
What is the most affordable Underwood Three Bedroom Apartment?
The best deal on a cheap Underwood Three Bedroom Apartment rental is at High Ridge and starts from $1,045.
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.