Cheap Apartments for Rent in Underwood, WA from $900 (31 Rentals)

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Search the lowest-cost Apartments available for rent right now in Underwood.

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Park Place
2 to 3 Bedroom Apartments

Park Place

2628 NE Red Sunset DrGresham, OR 97030
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Solomons Place
2 Bedroom Apartments

Solomons Place

3240-3320 NE 8th StGresham, OR 97030
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Edison Apartments
1 to 2 Bedroom Apartments

Edison Apartments

1833 SE 6th StGresham, OR 97080
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Underwood, WA Local Guide

Cheapest Available Underwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Underwood, WA is a 1 Bed unit found at Linden Place Apartments in the Riverbend neighborhood priced from $1,140. Sienna Lofts in the Riverbend neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,149. Here is today’s list of the most affordable Underwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Linden Place ApartmentsOne Bed-First Floor1BR,1BA$1,140
Sienna LoftsSmall StudioStudio,1BA$1,149
Woodland FlatsStudio ADAStudio,1BA$1,255
Troutdale Terrace1 Bed - 1 Bath1BR,1BA$1,275
Fairview Oaks WoodsOne Bedroom1BR,1BA$1,286
Highland Park2x12BR,1BA$1,286
East Wind1 Bedroom1BR,1BA$1,295
Liberty Square1x11BR,1BA$1,295
The Groves1x1 Classic1BR,1BA$1,351
Campbell ParkTwo Bedroom Townhome2BR,1BA$1,353

Best Value Apartments for Rent in Underwood, WA and Nearby

As of November 10, 2025 the best value apartment in the Underwood area is the $1.49 price per square foot 2.2.5B Model at Lookout at the Ridge in the in the Bethea Park Estates neighborhood starting from $1,935. The second greatest value Underwood apartment is the Cedar Model at Cascadia Village starting at $1,545 with a $1.51 price per square foot . Here is today’s list of the best values for Underwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lookout at the Ridge2.2.5B2BR,2.5BA$1.49
Cascadia VillageCedar2BR,1BA$1.51
Glacier ViewMt.Bachelor2BR,2BA$1.53
Heron Hills2 Bed 2 Bath2BR,2BA$1.47
Hampton Heights2x12BR,1BA$1.69
IRONWOOD GREENS2 Bed 1 Bath2BR,1BA$1.52
East 25 Apartments3X1.5A3BR,1.5BA$1.71
Edison Apartments2X2 S2BR,2BA$1.68
Campbell ParkTwo Bedroom Townhome2BR,1BA$1.67
Highland Park2x12BR,1BA$1.62

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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 Sienna Lofts listed at $1,149.

How much is rent for a Cheap One Bedroom Underwood Apartment?

The lowest price for a Cheap One Bedroom Underwood Apartment is $1,140 at Linden Place 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 $1,286 at Highland Park.

What is the most affordable Underwood Three Bedroom Apartment?

The best deal on a cheap Underwood Three Bedroom Apartment rental is at East 25 Apartments and starts from $1,625.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.