Cheap Apartments for Rent in Janesville, WI from $500 (64 Rentals)

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

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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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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Burbank Plaza Apartments
Studio to 1 Bedroom Apartments

Burbank Plaza Apartments

1112 W Burbank AveJanesville, WI 53546
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Janesville Garden Court
1 to 3 Bedroom Apartments

Janesville Garden Court

208 N Main StJanesville, WI 53545
Senior Living
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Morningside Apartments
1 to 2 Bedroom Apartments

Morningside Apartments

1838 Green Forest RunJanesville, WI 53546
  • Utilities Included

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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Woodlane Townhomes
2 Bedroom Apartments

Woodlane Townhomes

2713-2831 Woodlane DrJanesville, WI 53545
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405 W Milwaukee St
Studio to 1 Bedroom Apartments

405 W Milwaukee St

405 W Milwaukee StJanesville, WI 53548
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Badgerland Apartments
1 to 2 Bedroom Apartments

Badgerland Apartments

3436-3516 Midvale DrJanesville, WI 53546
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Eastpoint Townhomes
2 Bedroom Apartments

Eastpoint Townhomes

3102-3164 Midvale DrJanesville, WI 53546
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Deerfield Townhomes
2 Bedroom Apartments

Deerfield Townhomes

3202-3216 Midvale DrJanesville, WI 53546
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Surrey Ridge Apartments
Studio to 2 Bedroom Apartments

Surrey Ridge Apartments

2506-2600 E Racine StJanesville, WI 53545
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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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Aspen Square
2 Bedroom Apartments

Aspen Square

2605 N Pontiac DrJanesville, WI 53545
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15 N High St
3 Bedroom Apartments

15 N High St

15 N High StJanesville, WI 53548
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Janesville Wesley
1 to 2 Bedroom Apartments

Janesville Wesley

2001 Wesley AveJanesville, WI 53545
Senior Living
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Janesville, WI Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Janesville, WI

Pricing Updated: 07/16/2026

Current apartment rentals in the Janesville, 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 Janesville Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Country Meadows$1,710$90034

Cheapest Available Janesville Apartments for Rent

 

The cheapest available apartment rental in Janesville, WI is a 1 Bed unit found at Janesville Garden Court in the Janesville neighborhood priced from $855. Village Green East Apartments in the Janesville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $920. Here is today’s list of the most affordable Janesville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Janesville Garden Court1 BDEld1BR,1BA$855
Village Green East ApartmentsSingle1BR,1BA$920
Monterey Apartments101Studio,1BA$930
Palmer House Apartments2BR/ 2BA2BR,2BA$1,200
96 East ApartmentsB1-31BR,1BA$1,225
Janesville Wesley2 Bed 1 Bath (B)2BR,1BA$1,300
710 Campus StB8 720 Sq Ft1BR,1BA$1,300
604-626 Campus StB8 720 Sq Ft1BR,1BA$1,300

Best Value Apartments for Rent in Janesville, WI

As of July 16, 2026 the best value apartment in the Janesville area is the $1.19 price per square foot 3 Bed 1 Bath Loft Model at Crown Ridge Apartments in the in the Janesville neighborhood starting from $1,665. The second greatest value Janesville apartment is the Three Bedroom w/ Attached Garage Model at Diamond Ridge Apartments starting at $1,992 with a $1.46 price per square foot in the Janesville neighborhood. Here is today’s list of the best values for Janesville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Crown Ridge Apartments3 Bed 1 Bath Loft3BR,1BA$1.19
Diamond Ridge ApartmentsThree Bedroom w/ Attached Garage3BR,2BA$1.46
The Berg3 Bed / 2 Bath3BR,2BA$1.37
Woodsview ApartmentsC12BR,1.75BA$1.45
2315 N Concord Dr, Unit Kim2315 N Concord Dr2BR,1BA$1.59
745 W Madison Ave, Unit 745745 W Madison Ave2BR,1BA$1.14
Palmer House Apartments2BR/ 2BA2BR,2BA$1.10
Franklin Mill Apartments2BR/1.0BA2BR,1BA$1.30
Janesville Wesley2 Bed 1 Bath (B)2BR,1BA$1.37
50 E Court St, Unit 3W50 E Court St1BR,1BA$1.32

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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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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Janesville Overview

Janesville is a quaint suburban town situated on the Rock River and has a population of 65,615. It’s located about 61 miles SW of Milwaukee. With peaceful rolling hills, lush green fields, and breathtaking natural woodlands, making it the perfect spot to look for apartments in Janesville, a place you would be proud to call home. Janesville is best known for its many outdoor recreation opportunities. There are plenty of parks and recreation areas including 2,600 acres of parkland, convenient boat launches, lots of ball fields, tennis courts, playgrounds, public golf courses, and more than 25 miles of paved bike trails nestled in the heart of all this beauty. So there are plenty of places to relax and unwind that won’t cost you a dime (in most cases).  

Why live in Janesville, WI?

Janesville has an excellent school system, thriving businesses, and a livability score of A- which is above average. The Janesville recent job growth rate is Positive. The cost of living is 15.4 percent lower than the national average. And, there is a large General Motors plant, along with a variety of food processing and distribution businesses nearby in Beloit.

Janesville, WI
Population: 64,565

Ranked #583

in US Census Population by City

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Best Local Schools in
Janesville, WI

School data provided by Great Schools

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

Explore Janesville, WI Rentals by Map

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Frequently Asked Questions about Cheap Janesville Apartments

What is the Cheapest Studio apartment in Janesville?

Currently the most affordable Cheap Studio Apartment in Janesville is at Monterey Apartments listed at $930.

How much is rent for a Cheap One Bedroom Janesville Apartment?

The lowest price for a Cheap One Bedroom Janesville Apartment is $855 at Janesville Garden Court.

What is the lowest price for a Cheap Two Bedroom Janesville Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Janesville is starting from $1,050 at Village Green East Apartments.

What is the most affordable Janesville Three Bedroom Apartment?

The best deal on a cheap Janesville Three Bedroom Apartment rental is at Crown Ridge Apartments and starts from $1,665.

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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.