Cheap Apartments for Rent in Beloit, WI from $500 (12 Rentals)

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Village on Olympian Hill
Studio to 2 Bedroom Apartments

Village on Olympian Hill

431 Olympian BlvdBeloit, WI 53511
Senior Living
  • Utilities Included
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Fairbanks Flats
2 to 3 Bedroom Apartments

Fairbanks Flats

206-216 Carpenter StBeloit, WI 53511

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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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

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.

Beloit, WI Local Guide

Cheapest Neighborhoods for Apartments in Beloit, WI

Pricing Updated: 09/08/2025

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$1,542$71014

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
920 ON PARK2 Bedroom Style E2BR,1BA$1,095
Maple Creek2 Bedroom Upper2BR,1BA$1,099
Hawks Ridge ApartmentsBayview1BR,1BA$1,175

Best Value Apartments for Rent in Beloit, WI and Nearby

As of September 08, 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 738 Moore St Model at 738 Moore St, Unit Moore st starting at $1,050 with a $1.05 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.
INMAN ESTATES2 Bedroom Lower2BR,1BA$1.16
738 Moore St, Unit Moore st738 Moore St2BR,1BA$1.05
Gateway Estates Apartments1 Bedroom 1 Bath Upper1BR,1BA$1.38
Water Tower Place2.12BR,1BA$1.55
Hawks Ridge ApartmentsBayview1BR,1BA$1.36
920 ON PARK2 Bedroom Style E2BR,1BA$1.29
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$1.66
Maple Creek2 Bedroom Upper2BR,1BA$1.57

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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 $1,542.

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 $102 which is $1,440 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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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.