Cheap Apartments for Rent in the Downtown Beloit Neighborhood of Beloit, WI from $500 (21 Rentals)

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

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750 W Grand Ave, Unit 752
$875
Total Monthly Price

Total Monthly Price

Base Rent
$875

Total Monthly Price
$875
2 Bedroom Apartment Available Jul 17

750 W Grand Ave, Unit 752

750 W Grand AveBeloit, WI 53511
Cost Per Sq.Ft.
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property at 1820 Strong Ave

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1 Bath Home for Rent

Available Now

1820 Strong Ave

BeloitWI53511
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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 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
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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 2 Beds unit found at Water Tower Place priced from $1,195. Maple Creek has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,199. Here are the most affordable Downtown Beloit apartments for rent in Beloit, WI:

Apartment ListingModel NameBed/BathPriced From
Water Tower Place2.1 - Affordable2BR,1BA$1,195
Maple Creek2 Bedroom Upper2BR,1BA$1,199
Phoenix Apartments1E1BR,1BA$1,617

Best Value Apartments for Rent in Downtown Beloit, WI

As of July 14, 2026 the best value apartment in the Downtown Beloit area is the $1.24 price per square foot 2.1 - Affordable Model at Water Tower Place in the in the Beloit neighborhood starting from $1,195. The second greatest value Downtown Beloit apartment is the 1E Model at Phoenix Apartments starting at $1,617 with a $2.06 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Water Tower Place2.1 - Affordable2BR,1BA$1.24
Phoenix Apartments1E1BR,1BA$2.06
Maple Creek2 Bedroom lower2BR,1BA$1.73

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 3 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 $261 which is $1,412 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.

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