
Cheap Homes for Rent in Underwood, WA from $1,500 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Underwood.


1107 E 11th St

734 15th St

606 NW 10th Ave
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.

901 Toll Rd

314 E 14th St

820 SE Polk St

714 Cascade Ave
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.

107 Windmill Ln
Underwood, WA Local Guide

How much does it cost to rent a home in Underwood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Underwood 2 Bedroom Homes for Rent | $1,912 | $1,595 | $2,500 |
Underwood 3 Bedroom Homes for Rent | $3,020 | $2,000 | $5,000 |
Underwood 4 Bedroom Homes for Rent | $2,992 | $2,595 | $3,450 |
Browse Top Homes for Rent in Underwood
Explore Underwood
Underwood, WA Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Linden Place Apartments | One Bed-1st Floor | 1BR,1BA | $1,099 |
Highland Park | Studio A | Studio,1BA | $1,100 |
East Wind | 1 Bedroom | 1BR,1BA | $1,295 |
Best Value Apartments for Rent in Underwood, WA and Nearby
As of September 18, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Lookout at the Ridge | 3.2.5 | 3BR,2.5BA | $1.37 |
The Byway | Elowah Falls | 2BR,2BA | $1.59 |
Camas Ridge Apartments | 3 Bed / 2 Bath Income Restricted | 3BR,2BA | $1.73 |
Heron Hills | 2 Bed 2 Bath | 2BR,2BA | $1.59 |
Aspire Gresham | 2 Bed 2 Bath | 2BR,2BA | $1.68 |
Hampton Heights | 2x1 | 2BR,1BA | $1.69 |
IRONWOOD GREENS | 2 Bed 1 Bath | 2BR,1BA | $1.42 |
East 25 Apartments | 3X1.5A | 3BR,1.5BA | $1.71 |
Fairview Oaks Woods | Two Bedroom - One Bath | 2BR,1BA | $1.57 |
Cascade Creek Apartments | The Ascent | 2BR,2BA | $1.72 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Underwood, WA Rentals by Map
See the most popular apartments and homes in Underwood, WA
Frequently Asked Questions about Underwood
What type of rentals are currently available in Underwood?
There are currently 48 Apartments for Rent in Underwood, WA with pricing that ranges from $935 to $3,475. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Underwood ranging from $1,595 to $5,000.
What is the current price range for Rental Homes in Underwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Underwood ranges from $1,595 to $5,000 with an average monthly rent of $2,481.
How much are larger Three and Four Bedroom Rentals in Underwood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Underwood range from $1,625 to $3,475, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $5,000. Four Bedroom Single-Family rentals are also available starting from $2,595 and Four Bedroom Apartments start at $1,964.
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.

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.

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.

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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.