Cheap Apartments for Rent in Beloit, WI from $500 (11 Rentals)

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

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.

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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 Bedroom Apartments

349 W Grand Ave

349 W Grand AveBeloit, WI 53511

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Beloit Hillcrest
1 to 2 Bedroom Apartments

Beloit Hillcrest

2200 Burton StBeloit, WI 53511
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Beloit, WI Local Guide

Cheapest Neighborhoods for Apartments in Beloit, WI

Pricing Updated: 07/13/2025

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$1,549$7009

Cheapest Available Beloit Apartments for Rent and Nearby

 

The cheapest available apartment rental in Beloit, WI is a 2 Beds unit found at Prairie Village Apartments priced from $925. Colony Court Apartments LLC has the second lowest priced unit, which is a 2 Beds apartment currently listed from $955. Here is today’s list of the most affordable Beloit apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Prairie Village Apartments2 Bedroom/ 1 Bathroom 2nd Floor2BR,1BA$925
Colony Court Apartments LLC2 Bedroom/ 1 Bathroom 2nd Floor2BR,1BA$955
Maple Creek2 bedroom lower2BR,1BA$1,099
Hawks Ridge ApartmentsBayview1BR,1BA$1,175
The Lofts at Hawks RidgeBroadway1BR,1BA$1,240

Best Value Apartments for Rent in Beloit, WI and Nearby

As of July 13, 2025 the best value apartment in the Beloit area is the $1.28 price per square foot 412 Pleasant St Model at 412 Pleasant St, Unit 1 in the in the Downtown Beloit neighborhood starting from $1,600. The second greatest value Beloit apartment is the 2.1 Model at Water Tower Place starting at $1,400 with a $1.55 price per square foot in the Downtown 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.
412 Pleasant St, Unit 1412 Pleasant St3BR,1BA$1.28
Water Tower Place2.12BR,1BA$1.55
Gateway Estates Apartments1 Bedroom 1 Bath Lower1BR,1BA$1.44
Hawks Ridge ApartmentsBayview1BR,1BA$1.36
219 S Moore St, Unit #2219 S Moore St2BR,1BA$1.20
Prairie Village Apartments2 Bedroom/ 1 Bathroom 2nd Floor2BR,1BA$1.19
1037 Bluff St, Unit 21037 Bluff St2BR,1BA$1.59
The Lofts at Hawks RidgeArlington1BR,1BA$1.75
Maple Creek2 bedroom lower2BR,1BA$1.57
358 Fair Oaks Blvd, Unit Upper Apartment A358 Fair Oaks Blvd1BR,1BA$1.17

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

Explore Beloit, WI Rentals by Map

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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 Hawks Ridge Apartments which is listed at $1,175, while the average apartment in Beloit costs $1,549.

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 $142 which is $1,407 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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.