Cheap Apartments for Rent in Beloit, WI from $500 (34 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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Beloit Hillcrest
1 to 2 Bedroom Apartments

Beloit Hillcrest

2200 Burton StBeloit, WI 53511
Senior Living
  • Utilities Included
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Brittany I & II
1 to 2 Bedroom Apartments

Brittany I & II

1948-2018 Colony CtBeloit, WI 53511
  • 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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Showing Results 1-34, Page 1 of 1

Beloit, WI Local Guide

Cheapest Neighborhoods for Apartments in Beloit, WI

Pricing Updated: 08/14/2026

Current apartment rentals in the Beloit, WI area range in price from $860 to $2,925 with an overall median price of $1,582. Here is today’s list neighborhoods with the lowest median pricing for Beloit Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Beloit$1,582$86010

Cheapest Available Beloit Apartments for Rent

 

The cheapest available apartment rental in Beloit, WI is a 2 Beds unit found at Water Tower Place in the Beloit neighborhood priced from $1,195. Maple Creek in the Beloit neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,199. Here is today’s list of the most affordable Beloit apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Water Tower Place2.1 - Affordable2BR,1BA$1,195
Maple Creek2 Bedroom Upper2BR,1BA$1,199
Hawks Ridge ApartmentsBayview1BR,1BA$1,225
Cleora Apartments LLC2 Bedroom/ 1 Bathroom 2nd Floor 1926 Building2BR,1BA$1,235
The Lofts at Hawks RidgeBroadway1BR,1BA$1,275

Best Value Apartments for Rent in Beloit, WI

As of August 14, 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

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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Beloit, WI

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Remember the 3 Rules of Real Estate:
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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

What is the price of a cheap apartment in Beloit?

The cheapest apartment in Beloit is Hawks Ridge Apartments which is listed at $1,225, while the average apartment in Beloit costs $1,582.

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 1 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 $182 which is $1,400 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

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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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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.