Cheap Apartments for Rent in Beloit, WI from $500 (10 Rentals)

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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
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Beloit Hillcrest
1 to 2 Bedroom Apartments

Beloit Hillcrest

2200 Burton StBeloit, WI 53511
Senior Living

Beloit, WI Local Guide

Cheapest Neighborhoods for Apartments in Beloit, WI

Pricing Updated: 11/02/2025

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

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Beloit$1,554$84014

Cheapest Available Beloit Apartments for Rent and Nearby

 

The cheapest available apartment rental in Beloit, WI is a 1 Bed unit found at 920 ON PARK in the Downtown Beloit neighborhood priced from $865. KENSINGTON HOUSE APARTMENTS has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,025. Here is today’s list of the most affordable Beloit apartments for rent:

Apartment ListingModel NameBed/BathPriced From
920 ON PARK1 Bedroom Style C1BR,1BA$865
KENSINGTON HOUSE APARTMENTS2 Bedroom2BR,1BA$1,025
Hawks Ridge ApartmentsBayview1BR,1BA$1,175

Best Value Apartments for Rent in Beloit, WI and Nearby

As of November 03, 2025 the best value apartment in the Beloit area is the $1.16 price per square foot 2 Bedroom Lower Model at INMAN ESTATES in the starting from $1,275. The second greatest value Beloit apartment is the 2 Bedroom 1 Bath Lower Model at Gateway Estates Apartments starting at $1,395 with a $1.30 price per square foot . 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.
INMAN ESTATES2 Bedroom Lower2BR,1BA$1.16
Gateway Estates Apartments2 Bedroom 1 Bath Lower2BR,1BA$1.30
618 Wisconsin Ave618 Wisconsin Ave2BR,2BA$1.65
1137 Bluff St, Unit 21137 Bluff St2BR,1BA$1.28
Beloit Hillcrest2 Bed 1 Bath (A)2BR,1BA$1.43
Water Tower Place2.12BR,1BA$1.55
KENSINGTON HOUSE APARTMENTS2 Bedroom2BR,1BA$1.14
Hawks Ridge ApartmentsBayview1BR,1BA$1.36
219 S Moore St, Unit #2219 S Moore St2BR,1BA$1.20
920 ON PARK1 Bedroom Style C1BR,1BA$1.47

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Location, Location, Location!

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Getting Around Beloit, WI

Walk Score®

42 / 100

Car-Dependent

Most errands require a car

Bike Score®

45 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Beloit Apartments

What is the price of a cheap apartment in Beloit?

The cheapest apartment in Beloit is 920 ON PARK which is listed at $865, while the average apartment in Beloit costs $1,554.

What types of apartments are the cheapest in Beloit?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 2 regular apartments in Beloit that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Beloit?

Cheap apartments in Beloit have an average cost of $111 which is $1,443 cheaper than the average rent for all rentals in Beloit.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.