401 Tower RdApt
Fergus FallsMN56537
Cheap Homes for Rent in Underwood, MN from $700 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Underwood.
815 Center St S
WahpetonND58075
520 NW 3rd St
Pelican RapidsMN56572
408 McKay SApt
AlexandriaMN56308
301 7th Ave
Pelican RapidsMN56572
724 S Oak St
Fergus FallsMN56537
1873 10th Ave E
AlexandriaMN56308
418 8th StApt
BreckenridgeMN56520
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 | $970 | $795 | $1,095 |
| Underwood 3 Bedroom Homes for Rent | $1,933 | $1,045 | $2,400 |
| Underwood 4 Bedroom Homes for Rent | $2,147 | $1,425 | $2,500 |
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 |
Best Value Apartments for Rent in Underwood, MN and Nearby
As of April 07, 2025 the best value apartment in the Underwood area is the $1.06 price per square foot 3 Bedroom 2 Bathroom Model at The Legacy of Alexandria in the starting from $1,555. The second greatest value Underwood apartment is the 3B2B Model at Pheasant Run Apartments starting at $1,325 with a $1.10 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. |
|---|---|---|---|
| The Legacy of Alexandria | 3 Bedroom 2 Bathroom | 3BR,2BA | $1.06 |
| Pheasant Run Apartments | 3B2B | 3BR,2BA | $1.10 |
| River Bluff Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.95 |
| Sunset Ridge Apartments | 1 bed 1 bath | 1BR,1BA | $0.98 |
| Oak Knoll Complex | 2 Bed | 2BR,1BA | $1.03 |
| Colonial Village Apartments | Colonial: 2 Bedroom Apt | 2BR,1BA | $1.08 |
| 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 56 Apartments for Rent in Underwood, MN with pricing that ranges from $575 to $2,170. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Underwood ranging from $745 to $2,500.
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 $2,500 with an average monthly rent of $1,492.
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 $795 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 $1,425 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.
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.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.
How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.