
Cheap Apartments for Rent in the Downtown Beloit Neighborhood of Beloit, WI from $500 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Beloit area of Beloit.


The Phoenix Building

Maple Creek

BURTON RIDGE
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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.

Hilton Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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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 | $1,361 | $1,361 | $1,361 |
| Downtown Beloit 1 Bedroom Apartments | $1,534 | $840 | $2,925 |
| Downtown Beloit 2 Bedroom Apartments | $1,460 | $1,095 | $2,035 |
| Downtown Beloit 3 Bedroom Apartments | $1,394 | $1,249 | $1,550 |
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Downtown Beloit Neighborhood of Beloit, WI.
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Downtown Beloit, Beloit, WI Local Guide
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Cheapest Available Downtown Beloit Apartments for Rent
 The cheapest available apartment rental in the Downtown Beloit area of Beloit, WI is a 1 Bed unit found at 920 ON PARK priced from $865. Maple Creek has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,209. Here are the most affordable Downtown Beloit apartments for rent in Beloit, WI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 920 ON PARK | 1 Bedroom Style C | 1BR,1BA | $865 |
| Maple Creek | 2 Bedroom lower | 2BR,1BA | $1,209 |
| Beloit Hillcrest | 2 Bed 1 Bath (A) | 2BR,1BA | $1,295 |
| Water Tower Place | 2.1 | 2BR,1BA | $1,400 |
| Wright & Wagner Lofts | Two Bedroom D1 - Riverfront | 2BR,2BA | $1,983 |
Best Value Apartments for Rent in Downtown Beloit, WI
As of November 17, 2025 the best value apartment in the Downtown Beloit area is the $1.92 price per square foot Two Bedroom D1 - Riverfront Model at Wright & Wagner Lofts in the in the Downtown Beloit neighborhood starting from $1,983. The second greatest value Downtown Beloit apartment is the 618 Wisconsin Ave Model at 618 Wisconsin Ave starting at $1,650 with a $1.65 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. |
|---|---|---|---|
| Wright & Wagner Lofts | Two Bedroom D1 - Riverfront | 2BR,2BA | $1.92 |
| 618 Wisconsin Ave | 618 Wisconsin Ave | 2BR,2BA | $1.65 |
| Beloit Hillcrest | 2 Bed 1 Bath (A) | 2BR,1BA | $1.43 |
| Water Tower Place | 2.1 | 2BR,1BA | $1.55 |
| Maple Creek | 2 Bedroom lower | 2BR,1BA | $1.73 |
| 920 ON PARK | 1 Bedroom Style C | 1BR,1BA | $1.47 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Pet Friendly LifestyleDowntown Beloit, Beloit, WI
Ranked #1
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Getting Around the Downtown Beloit Neighborhood in Beloit, WI
Walk Score®
76 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
72 / 100
Very Bikeable
Biking is convenient for most trips
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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.
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.

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!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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.







