Cheap Apartments for Rent in Janesville, WI from $500 (44 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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Morningside Apartments
1 to 2 Bedroom Apartments

Morningside Apartments

1838 Green Forest RunJanesville, 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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Badgerland Apartments
1 to 2 Bedroom Apartments

Badgerland Apartments

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

Woodlane Townhomes

2713-2831 Woodlane DrJanesville, 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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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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Aspen Square
2 Bedroom Apartments

Aspen Square

2605 N Pontiac DrJanesville, WI 53545
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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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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
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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618 Mary Ln
1 to 3 Bedroom Apartments

618 Mary Ln

618 Mary LnMilton, WI 53563
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Showing Results 1-44, Page 1 of 1

Janesville, WI Local Guide

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Written By:
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Local Guide Expert

Cheapest Neighborhoods for Apartments in Janesville, WI

Pricing Updated: 04/16/2026

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$1,665$90029

Cheapest Available Janesville Apartments for Rent

 

The cheapest available apartment rental in Janesville, WI is a Studio unit found at Monterey Apartments priced from $895. Palmer House Apartments in the Country Meadows neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here is today’s list of the most affordable Janesville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Monterey ApartmentsBStudio,1BA$895
Palmer House Apartments1-Bed 1Bath1BR,1BA$900
Village Green East ApartmentsSingle1BR,1BA$920
Homestead Apartments1 Bedroom Upper1BR,1BA$1,095
96 East ApartmentsB1-2 SP1BR,1BA$1,100
Franklin Mill Apartments1BR/1.0BA1BR,1BA$1,125
Diamond Ridge ApartmentsOne Bedroom1BR,1BA$1,294
Woodsview ApartmentsB11BR,1BA$1,350

Best Value Apartments for Rent in Janesville, WI

As of April 16, 2026 the best value apartment in the Janesville area is the $0.76 price per square foot 50 E Court St Model at 50 E Court St, Unit 3S in the starting from $1,450. The second greatest value Janesville apartment is the 2 Bed 2 Bath (C) Model at Janesville Wesley starting at $1,400 with a $1.29 price per square foot . 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.
50 E Court St, Unit 3S50 E Court St3BR,1BA$0.76
Janesville Wesley2 Bed 2 Bath (C)2BR,2BA$1.29
The Glade ResidencesC62BR,2BA$1.97
1825 Ontario Dr1825 Ontario Dr2BR,1BA$1.50
Village Green East ApartmentsFully Furnished Month-to-Month2BR,1BA$2.25
Diamond Ridge ApartmentsOne Bedroom1BR,1BA$1.62
Franklin Mill Apartments1BR/1.0BA1BR,1BA$1.54
Woodsview ApartmentsB11BR,1BA$1.85
Palmer House Apartments1-Bed 1Bath1BR,1BA$1.24
Monterey ApartmentsBStudio ,1BA$2.14

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Quick 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.

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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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See the most popular apartments and homes in Janesville, WI

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Frequently Asked Questions about Cheap Janesville Apartments

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

The lowest price for a Cheap One Bedroom Janesville Apartment is $900 at Palmer House Apartments.

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 Diamond Ridge Apartments and starts from $1,992.

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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.