1203 34th St Cir S
MoorheadMN56560
Cheap Homes for Rent in Underwood, MN from $700 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Underwood.
520 NW 3rd St
Pelican RapidsMN56572
310 20th Ave W
AlexandriaMN56308
301 7th Ave
Pelican RapidsMN56572
408 McKay SApt
AlexandriaMN56308
724 S Oak St
Fergus FallsMN56537
1873 10th Ave E
AlexandriaMN56308
418 8th StApt
BreckenridgeMN56520
612 E Mt Faith Ave
Fergus FallsMN56537
725 W Cavour Ave
Fergus FallsMN56537
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
924 N Park St
Fergus FallsMN56537
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Underwood, MN Local Guide
Otter Tail River, Minnesota by Tony Webster is licensed under CC BY 2.0
How much does it cost to rent a home in Underwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Underwood 2 Bedroom Homes for Rent | $1,027 | $795 | $1,200 |
| Underwood 3 Bedroom Homes for Rent | $1,901 | $1,045 | $2,400 |
| Underwood 4 Bedroom Homes for Rent | $2,117 | $1,345 | $2,450 |
Browse Top Homes for Rent in Underwood
Explore Underwood
Underwood, MN Local Guide
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Cheapest Available Underwood Apartments for Rent and Nearby
The cheapest available apartment rental in Underwood, MN is a 1 Bed unit found at Heritage Square priced from $575. Liberty Lights Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $639. Here is today’s list of the most affordable Underwood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Heritage Square | 1 Bed, 1 bath | 1BR,1BA | $575 |
| Liberty Lights Apartments | 1 Bedroom | 1BR,1BA | $639 |
| Southview Apartments | 2 Bed/1 Bath | 2BR,1BA | $650 |
| Spruce Place Apartments | 2 Bedroom | Spruce Place | 2BR,1BA | $720 |
| Meadowbrook Apartments | One Bedroom | 1BR,1BA | $750 |
Best Value Apartments for Rent in Underwood, MN and Nearby
As of April 28, 2025 the best value apartment in the Underwood area is the $1.10 price per square foot 3B2B - CONTACT FOR AVAILABILITY Model at Pheasant Run Apartments in the starting from $1,325. The second greatest value Underwood apartment is the One Bedroom/ One Bathroom Model at Hatchery Row starting at $1,425 with a $1.56 price per square foot . 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. |
|---|---|---|---|
| Pheasant Run Apartments | 3B2B - CONTACT FOR AVAILABILITY | 3BR,2BA | $1.10 |
| Hatchery Row | One Bedroom/ One Bathroom | 1BR,1BA | $1.56 |
| Oak Knoll Complex | 2 Bed | 2BR,1BA | $1.03 |
| Colonial Village Apartments | Colonial: 2 Bedroom Apt | 2BR,1BA | $1.23 |
| South Point Apartments | 1 bedroom 1 bathroom | 1BR,1BA | $1.59 |
| Bridgewater Estates | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.61 |
| Spruce Place Apartments | 2 Bedroom | Spruce Place | 2BR,1BA | $1.00 |
| Southview Apartments | 2 Bed/1 Bath | 2BR,1BA | $0.93 |
| Meadowbrook Apartments | One Bedroom | 1BR,1BA | $1.17 |
| Liberty Lights Apartments | 1 Bedroom | 1BR,1BA | $1.22 |
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Frequently Asked Questions about Underwood
What type of rentals are currently available in Underwood?
There are currently 55 Apartments for Rent in Underwood, MN with pricing that ranges from $575 to $2,195. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Underwood ranging from $745 to $2,450.
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 $745 to $2,450 with an average monthly rent of $1,343.
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 $859 to $1,815, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,045 to $2,400. Four Bedroom Single-Family rentals are also available starting from $1,345 and Four Bedroom Apartments start at $1,245.
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.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.