Cheap Apartments for Rent in Beloit, WI from $840 (45 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Hawks Ridge Apartments
$1,225 - $1,545
Total Monthly Price

Total Monthly Price

Base Rent
$1,225 - $1,545
Total Monthly Price
$1,225 - $1,545
1 to 3 Bedroom Apartments Available Now

Hawks Ridge Apartments

1750 Gateway BlvdBeloit, WI 53511
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Fairbanks Flats
2 to 3 Bedroom Apartments

Fairbanks Flats

206-216 Carpenter StBeloit, WI 53511
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349 W Grand Ave
1 to 2 Bedroom Apartments

349 W Grand Ave

349 W Grand AveBeloit, WI 53511

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Brittany I & II
1 to 2 Bedroom Apartments

Brittany I & II

1948-2018 Colony CtBeloit, WI 53511
  • Utilities Included
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Beloit Hillcrest
1 to 2 Bedroom Apartments

Beloit Hillcrest

2200 Burton StBeloit, WI 53511
Senior Living
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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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Showing Results 1-45, Page 1 of 1

Beloit, WI Local Guide

Cheapest Neighborhoods for Apartments in Beloit, WI

Pricing Updated: 08/28/2026

Current apartment rentals in the Beloit, WI area range in price from $875 to $1,775 with an overall median price of $1,212. Here is today’s list neighborhoods with the lowest median pricing for Beloit Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Beloit$1,212$8752

Cheapest Available Beloit Apartments for Rent

 

The cheapest available apartment rental in Beloit, WI is a 1 Bed unit found at 920 On Park Apartments in the Downtown Beloit neighborhood priced from $865. Water Tower Place in the Beloit neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,195. Here is today’s list of the most affordable Beloit apartments for rent:

Apartment ListingModel NameBed/BathPriced From
920 On Park Apartments1x1-C1BR,1BA$865
Water Tower Place2.1 - Affordable2BR,1BA$1,195
Maple Creek2 Bedroom Upper2BR,1BA$1,199
Hawks Ridge ApartmentsBayview1BR,1BA$1,225
The Lofts at Hawks RidgeBroadway1BR,1BA$1,275
Havenwood Pointe Apartments2 Bedroom 1 Bath Lower2BR,1BA$1,445
Wright & Wagner LoftsTwo Bedroom D1 - Riverfront2BR,2BA$2,064

Best Value Apartments for Rent in Beloit, WI

As of August 28, 2026 the best value apartment in the Beloit area is the $1.24 price per square foot 2.1 - Affordable Model at Water Tower Place in the in the Beloit neighborhood starting from $1,195. The second greatest value Beloit apartment is the Bayview Model at Hawks Ridge Apartments starting at $1,225 with a $1.42 price per square foot in the Beloit neighborhood. Here is today’s list of the best values for Beloit apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Water Tower Place2.1 - Affordable2BR,1BA$1.24
Hawks Ridge ApartmentsBayview1BR,1BA$1.42
The Lofts at Hawks RidgeBroadway1BR,1BA$1.70
Maple Creek2 Bedroom lower2BR,1BA$1.73
920 On Park Apartments1x1-C1BR,1BA$1.47

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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Beloit, WI

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

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Beloit, WI Area Reviews

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tasha • 1+ years in Beloit

November 8, 2025

i have know children just me. IM very friendly pay my bills on time, stay to myself, and a people person.

Frequently Asked Questions about Cheap Beloit Apartments

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

The lowest price for a Cheap One Bedroom Beloit Apartment is $865 at 920 On Park Apartments.

What is the lowest price for a Cheap Two Bedroom Beloit Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Beloit is starting from $1,195 at Water Tower Place.

What is the most affordable Beloit Three Bedroom Apartment?

The best deal on a cheap Beloit Three Bedroom Apartment rental is at Hawks Ridge Apartments and starts from $1,525.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.