
Cheap Apartments for Rent in the Downtown Beloit Neighborhood of Beloit, WI from $500 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Beloit area of Beloit.


330 Kenwood Ave, Unit 328 #2

857 9th St

920 ON PARK
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.

616 Portland Ave, Unit #2

Northgate Apartments LLC

Village on Olympian Hill

349 W Grand Ave
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.

1310 Copeland Ave
Downtown Beloit, Beloit, WI Local Guide

How much does it cost to rent an apartment in Downtown Beloit?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Beloit Studio Apartments | $1,030 | $700 | $1,361 |
| Downtown Beloit 1 Bedroom Apartments | $1,451 | $505 | $2,925 |
| Downtown Beloit 2 Bedroom Apartments | $1,331 | $595 | $2,096 |
| Downtown Beloit 3 Bedroom Apartments | $1,469 | $1,200 | $1,699 |
Browse Apartments in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Downtown Beloit Neighborhood of Beloit, WI.
See all Apartments in BeloitExplore Beloit
Cheapest Available Downtown Beloit Apartments for Rent
 The cheapest available apartment rental in the Downtown Beloit area of Beloit, WI is a 2 Beds unit found at 349 W Grand Ave priced from $800. Northgate Apartments LLC has the second lowest priced unit, which is a 2 Beds apartment currently listed from $985. Here are the most affordable Downtown Beloit apartments for rent in Beloit, WI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 349 W Grand Ave | 2 Beds, 1 Baths | 2BR,1BA | $800 |
| Northgate Apartments LLC | 2 Bedroom/ 1 Bathroom 1st Floor | 2BR,1BA | $985 |
| Maple Creek | 2 Bedroom Upper | 2BR,2BA | $1,209 |
Best Value Apartments for Rent in Downtown Beloit, WI
As of January 07, 2026 the best value apartment in the Downtown Beloit area is the $1.36 price per square foot 418 Pleasant St Model at 418 Pleasant St, Unit 418.5 in the in the Downtown Beloit neighborhood starting from $1,699. The second greatest value Downtown Beloit apartment is the 416 Pleasant St Model at 416 Pleasant St, Unit 416 #1 starting at $1,695 with a $1.36 price per square foot in the Downtown Beloit neighborhood. Here is today’s list of the best values for Downtown Beloit apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 418 Pleasant St, Unit 418.5 | 418 Pleasant St | 3BR,1BA | $1.36 |
| 416 Pleasant St, Unit 416 #1 | 416 Pleasant St | 3BR,1BA | $1.36 |
| 1271 Prairie Ave, Unit 1271 | 1271 Prairie Ave | 3BR,1BA | $1.19 |
| 524 E Grand Ave, Unit Unit 2 | 524 E Grand Ave | 1BR,1BA | $1.40 |
| 1800 6th St | 1800 6th St | 3BR,1BA | $1.20 |
| Water Tower Place | 2.1 | 2BR,1BA | $1.55 |
| Northgate Apartments LLC | 2 Bedroom/ 1 Bathroom 1st Floor | 2BR,1BA | $1.36 |
| Maple Creek | 2 Bedroom lower | 2BR,1BA | $1.73 |
| 616 Portland Ave, Unit #2 | 616 Portland Ave | 2BR,1BA | $1.36 |
| 349 W Grand Ave | 2 Beds, 1 Baths | 2BR,1BA | $1.23 |
Frequently Asked Questions about Cheap Downtown Beloit Apartments
What types of apartments are the cheapest in Downtown 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 Downtown 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 Downtown Beloit?
Cheap apartments in Downtown Beloit have an average cost of $111 which is $1,505 cheaper than the average rent for all rentals in Downtown 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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!