
Cheap Homes for Rent in Underwood, ND from $400 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Underwood.


409 Parkway Dr

411 Market St E

1119 E Thayer Ave

408 2nd Ave NE

215 E Arbor Ave

1020 N 14th St

536 1st St E
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.
Underwood, ND 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 | $1,058 | $450 | $1,650 |
Underwood 3 Bedroom Homes for Rent | $1,770 | $995 | $2,350 |
Underwood 4 Bedroom Homes for Rent | $3,265 | $1,795 | $5,000 |
Underwood 5 Bedroom Homes for Rent | $1,875 | $1,500 | $2,250 |
Browse Top Homes for Rent in Underwood
Explore Underwood
Underwood, ND Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Underwood Apartments for Rent and Nearby
 The cheapest available apartment rental in Underwood, ND is a 1 Bed unit found at Cottonwood Apts #1 priced from $550. High Ridge in the Bismarck Cathedral Area Historic District neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Underwood apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Cottonwood Apts #1 | 1 Bed, 1 bath | 1BR,1BA | $550 |
High Ridge | One Bedroom - Plan 11B | 1BR,1BA | $675 |
Parkwood Apartments | 1 Bed, 1 bath | 1BR,1BA | $730 |
Best Value Apartments for Rent in Underwood, ND and Nearby
As of April 26, 2025 the best value apartment in the Underwood area is the $0.91 price per square foot 3 Bed/ 2.5 Bath 2200 SQ. FT. Model at West Bay Park in the in the Bismarck Cathedral Area Historic District neighborhood starting from $1,995. The second greatest value Underwood apartment is the 3 Bed / 2 Bath 1374 sq ft Waterview Model at Corner View Apartments starting at $1,545 with a $1.12 price per square foot in the Bismarck Cathedral Area Historic District 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. |
---|---|---|---|
West Bay Park | 3 Bed/ 2.5 Bath 2200 SQ. FT. | 3BR,2.5BA | $0.91 |
Corner View Apartments | 3 Bed / 2 Bath 1374 sq ft Waterview | 3BR,2BA | $1.12 |
Beautiful 2 Bedroom, 2 Bathroom at Meadow Ridge | 2BD/2BA/1CAR - 3RD FLOOR | 2BR,2BA | $1.20 |
Crestview Manor Apartments | Crestview Manor 2 - 2 Bed - 1.5 Bath | 2BR,2BA | $0.90 |
Kirkwood Manor Apartments | Kirkwood Manor 2 - 2 Bed - 1 Bath | 2BR,2BA | $0.84 |
Calgary Apartments | Calgary 1 - 2 Bed - 1 Bath | 2BR,1BA | $0.90 |
Parkwood Apartments | 2 Beds, 1 bath | 2BR,1BA | $0.95 |
Waters Edge | 1 bed 1 bath | 1BR,1BA | $1.28 |
Cottonwood Apts #1 | 2 Beds, 1 bath | 2BR,1BA | $0.94 |
High Ridge | Two Bedroom Townhome - Plan 21T | 2BR,1BA | $1.28 |
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.
Frequently Asked Questions about Underwood
What type of rentals are currently available in Underwood?
There are currently 37 Apartments for Rent in Underwood, ND with pricing that ranges from $550 to $12,340. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Underwood ranging from $450 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 $450 to $5,000 with an average monthly rent of $1,610.
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 $920 to $5,485, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $2,350. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $3,082.
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.