Cheap Apartments for Rent in South Beloit, IL from $500 (7 Rentals)

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

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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Fairbanks Flats
2 to 3 Bedroom Apartments

Fairbanks Flats

206-216 Carpenter StBeloit, WI 53511
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349 W Grand Ave
1 Bedroom Apartments

349 W Grand Ave

349 W Grand AveBeloit, WI 53511

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.

South Beloit, IL Local Guide

Cheapest Available South Beloit Apartments for Rent and Nearby

 

The cheapest available apartment rental in South Beloit, IL is a 2 Beds unit found at 920 ON PARK in the Downtown Beloit neighborhood priced from $1,095. Hawks Ridge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,175. Here is today’s list of the most affordable South Beloit apartments for rent:

Apartment ListingModel NameBed/BathPriced From
920 ON PARK2 Bedroom Style D2BR,1BA$1,095
Hawks Ridge ApartmentsBayview1BR,1BA$1,175
Water Tower Place2.12BR,1BA$1,400

Best Value Apartments for Rent in South Beloit, IL and Nearby

As of June 21, 2025 the best value apartment in the South Beloit area is the $1.28 price per square foot 412 Pleasant St Model at 412 Pleasant St, Unit 1 in the in the Downtown Beloit neighborhood starting from $1,600. The second greatest value South Beloit apartment is the 2 Bedroom 1 Bath Upper Model at Gateway Estates Apartments starting at $1,515 with a $1.35 price per square foot . Here is today’s list of the best values for South Beloit apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
412 Pleasant St, Unit 1412 Pleasant St3BR,1BA$1.28
Gateway Estates Apartments2 Bedroom 1 Bath Upper2BR,1BA$1.35
Water Tower Place2.12BR,1BA$1.55
920 ON PARK2 Bedroom Style D2BR,1BA$1.24
Hawks Ridge ApartmentsBayview1BR,1BA$1.36
219 S Moore St, Unit #2219 S Moore St2BR,1BA$1.20

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Location, Location, Location!

Explore South Beloit, IL Rentals by Map

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Getting Around South Beloit, IL

Walk Score®

31 / 100

Car-Dependent

Most errands require a car

Bike Score®

39 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap South Beloit Apartments

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

Today's best deal for a Cheap Two Bedroom Apartment in South Beloit is starting from $1,095 at 920 ON PARK.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.