
Cheap Apartments for Rent in Beloit, WI from $500 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in Beloit.


920 ON PARK

Prairie Village Apartments

Northgate Apartments LLC

Cleora Apartments LLC

Colony Court Apartments LLC
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.

Grand Avenue Apartments

Village on Olympian Hill

Fairbanks Flats

349 W Grand Ave

701 Roosevelt Ave

Beloit Hillcrest
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

5576 Bastian Blvd, Unit 5576 Bastian
Beloit, WI Local Guide

How much does it cost to rent an apartment in Beloit?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Beloit Studio Apartments | $1,168 | $950 | $1,361 |
| Cheap Beloit 1 Bedroom Apartments | $1,379 | $727 | $2,925 |
| Cheap Beloit 2 Bedroom Apartments | $1,397 | $955 | $2,146 |
| Cheap Beloit 3 Bedroom Apartments | $1,678 | $1,135 | $2,200 |
| Cheap Beloit 4 Bedroom Apartments | $2,065 | $2,065 | $2,065 |
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Beloit, WI Local Guide
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Cheapest Neighborhoods for Apartments in Beloit, WI
Pricing Updated: 03/04/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Beloit | $1,626 | $727 | 14 |
Cheapest Available Beloit Apartments for Rent
 The cheapest available apartment rental in Beloit, WI is a 1 Bed unit found at Water Tower Place in the Downtown Beloit neighborhood priced from $1,150. Maple Creek in the Downtown Beloit neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,209. Here is today’s list of the most affordable Beloit apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Water Tower Place | 1 bed Market | 1BR,1BA | $1,150 |
| Maple Creek | 2 Bedroom Upper | 2BR,2BA | $1,209 |
| Hawks Ridge Apartments | Bayview | 1BR,1BA | $1,225 |
| PARK AVENUE ESTATES | 2 Bedroom | 2BR,1BA | $1,245 |
| The Lofts at Hawks Ridge | Broadway | 1BR,1BA | $1,275 |
Best Value Apartments for Rent in Beloit, WI
As of March 04, 2026 the best value apartment in the Beloit area is the $1.36 price per square foot 412 Pleasant St Model at 412 Pleasant St, Unit 1 in the in the Downtown Beloit neighborhood starting from $1,699. The second greatest value Beloit apartment is the 2 Bedroom Upper Model at INMAN ESTATES starting at $1,275 with a $1.16 price per square foot . Here is today’s list of the best values for Beloit apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 412 Pleasant St, Unit 1 | 412 Pleasant St | 3BR,1BA | $1.36 |
| INMAN ESTATES | 2 Bedroom Upper | 2BR,1BA | $1.16 |
| ELM GROVE ESTATES | 2 Bedroom Apartment Upper | 2BR,2BA | $1.25 |
| Gateway Estates Apartments | 2 Bedroom 1 Bath Lower | 2BR,1BA | $1.34 |
| 744 Central Ave, Unit 744.5 | 744 Central Ave | 2BR,1BA | $1.33 |
| 1319 Prairie Ave, Unit 1319 | 1319 Prairie Ave | 2BR,1BA | $1.21 |
| Beloit Hillcrest | 2 Bed 1 Bath (A) | 2BR,1BA | $1.43 |
| Hawks Ridge Apartments | Bayview | 1BR,1BA | $1.42 |
| The Lofts at Hawks Ridge | Broadway | 1BR,1BA | $1.70 |
| Water Tower Place | 1 bed Market | 1BR,1BA | $1.62 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
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Best Local Schools in Beloit, WI
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Beloit, WI Area Reviews
tasha • 1+ years in Beloit
November 8, 2025i 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
What is the price of a cheap apartment in Beloit?
The cheapest apartment in Beloit is Water Tower Place which is listed at $975, while the average apartment in Beloit costs $1,626.
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 $487 which is $1,139 cheaper than the average rent for all rentals in Beloit.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.