Cheap Apartments for Rent in Underwood, WA from $900 (21 Rentals)

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

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.

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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.

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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.

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Park Place
2 to 3 Bedroom Apartments

Park Place

2628 NE Red Sunset DrGresham, OR 97030
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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 $1,099. Highland Park in the Riverbend neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,100. Here is today’s list of the most affordable Underwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Linden Place ApartmentsOne Bed-1st Floor1BR,1BA$1,099
Highland ParkStudio AStudio,1BA$1,100
East Wind1 Bedroom1BR,1BA$1,295
Liberty Square1x11BR,1BA$1,295
IRONWOOD GREENS2 Bed 1 Bath2BR,1BA$1,350

Best Value Apartments for Rent in Underwood, WA and Nearby

As of September 19, 2025 the best value apartment in the Underwood area is the $1.37 price per square foot 3.2.5 Model at Lookout at the Ridge in the in the Bethea Park Estates neighborhood starting from $2,145. The second greatest value Underwood apartment is the Elowah Falls Model at The Byway starting at $2,099 with a $1.59 price per square foot in the Riverbend neighborhood. 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 Ridge3.2.53BR,2.5BA$1.37
The BywayElowah Falls2BR,2BA$1.59
Camas Ridge Apartments3 Bed / 2 Bath Income Restricted3BR,2BA$1.73
Heron Hills2 Bed 2 Bath2BR,2BA$1.59
Aspire Gresham2 Bed 2 Bath2BR,2BA$1.68
Hampton Heights2x12BR,1BA$1.69
IRONWOOD GREENS2 Bed 1 Bath2BR,1BA$1.42
East 25 Apartments3X1.5A3BR,1.5BA$1.71
Fairview Oaks WoodsTwo Bedroom - One Bath2BR,1BA$1.57
Cascade Creek ApartmentsThe Ascent2BR,2BA$1.72

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Underwood Apartments

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

The lowest price for a Cheap One Bedroom Underwood Apartment is $1,099 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 $1,328 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.

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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! 

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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.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.