Cheap Apartments for Rent in Underwood, WA from $800 (31 Rentals)

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

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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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.

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Park Place
2 to 3 Bedroom Apartments

Park Place

2628 NE Red Sunset DrGresham, OR 97030
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Liberty Square
Studio to 2 Bedroom Apartments

Liberty Square

1203-1221 E Powell BlvdGresham, OR 97030

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Solomons Place
2 Bedroom Apartments

Solomons Place

3240-3320 NE 8th StGresham, 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 Studio unit found at Abigail Court - Student Housing in the Riverbend neighborhood priced from $899. Highland Park in the Riverbend neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,107. Here is today’s list of the most affordable Underwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Abigail Court - Student HousingStudioStudio,1BA$899
Highland ParkStudio AStudio,1BA$1,107
Linden Place ApartmentsOne Bed-First Floor1BR,1BA$1,128
The Groves1x1 Classic1BR,1BA$1,234
Sienna LoftsMedium One Bedroom1BR,1BA$1,249
Woodland FlatsStudio ADAStudio,1BA$1,255
Alpine Meadows Apartments IAspen1BR,1BA$1,275
Eagle Ridge on 2421 Bedroom 1 Bath1BR,1BA$1,295
The Arden1x1 Reno1BR,1BA$1,318
Campbell ParkTwo Bedroom A2BR,1BA$1,329

Best Value Apartments for Rent in Underwood, WA and Nearby

As of December 28, 2025 the best value apartment in the Underwood area is the $1.43 price per square foot Evergreen Model at Cascadia Village in the starting from $1,645. The second greatest value Underwood apartment is the 3 Bed / 2 Bath Income Restricted Model at Camas Ridge Apartments starting at $1,950 with a $1.73 price per square foot in the Heritage Heights 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.
Cascadia VillageEvergreen2BR,2BA$1.43
Camas Ridge Apartments3 Bed / 2 Bath Income Restricted3BR,2BA$1.73
Cascade Creek ApartmentsThe Alpine3BR,2BA$1.61
Heron Hills2 Bed 2 Bath2BR,2BA$1.47
Aspire Gresham2 Bed 2 Bath Renovated2BR,2BA$1.68
Hampton Heights2x12BR,1BA$1.69
IRONWOOD GREENS2 Bed 1 Bath2BR,1BA$1.42
East 25 Apartments3 BR 1 Bath3BR,1.5BA$1.71
Fairview Oaks WoodsTwo Bedroom - One Bath2BR,1BA$1.57
Campbell ParkTwo Bedroom A2BR,1BA$1.48

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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The 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.

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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.

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Quick 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.

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

Explore Underwood, WA Rentals by Map

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See the most popular apartments and homes in Underwood, WA

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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 Abigail Court - Student Housing listed at $899.

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

The lowest price for a Cheap One Bedroom Underwood Apartment is $1,128 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 $1,260 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 Alvista 23 Apartment Homes and starts from $1,622.

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

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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!