Cheap Apartments for Rent in Beloit, WI from $500 (41 Rentals)

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

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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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

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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Fairbanks Flats
2 to 3 Bedroom Apartments

Fairbanks Flats

206-216 Carpenter StBeloit, WI 53511

Cash 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.

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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
  • 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
property at 136 S Lincoln Ave

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

136 S Lincoln Ave

South BeloitIL61080

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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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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Showing Results 1-41, Page 1 of 1

Beloit, WI Local Guide

Cheapest Neighborhoods for Apartments in Beloit, WI

Pricing Updated: 06/05/2026

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$1,649$72713

Cheapest Available Beloit Apartments for Rent and Nearby

 

The cheapest available apartment rental in Beloit, WI is a 2 Beds unit found at KENSINGTON HOUSE APARTMENTS priced from $1,025. Water Tower Place in the Downtown Beloit neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,195. Here is today’s list of the most affordable Beloit apartments for rent:

Apartment ListingModel NameBed/BathPriced From
KENSINGTON HOUSE APARTMENTS2 Bedroom2BR,1BA$1,025
Water Tower Place2.1 - Affordable2BR,1BA$1,195
Maple Creek2 Bedroom lower2BR,1BA$1,209
Hawks Ridge ApartmentsBayview1BR,1BA$1,225
The Lofts at Hawks RidgeBroadway1BR,1BA$1,275
Gateway Estates2 Bedroom 1 Bath Upper2BR,1BA$1,465

Best Value Apartments for Rent in Beloit, WI and Nearby

As of June 05, 2026 the best value apartment in the Beloit area is the $1.35 price per square foot 302 Bluff St Model at 302 Bluff St, Unit ABC Stadium View in the in the Downtown Beloit neighborhood starting from $1,750. The second greatest value Beloit apartment is the 2 Bedroom 1 Bath Upper Model at Gateway Estates starting at $1,465 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.
302 Bluff St, Unit ABC Stadium View302 Bluff St3BR,1BA$1.35
Gateway Estates2 Bedroom 1 Bath Upper2BR,1BA$1.30
Water Tower Place2.1 - Affordable2BR,1BA$1.24
KENSINGTON HOUSE APARTMENTS2 Bedroom2BR,1BA$1.14
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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Quick Rent Budget Calculator

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Best Local Schools in
Beloit, WI

School data provided by Great Schools

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

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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 $1,649.

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 3 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 $321 which is $1,328 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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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.