Cheap Apartments for Rent in South Beloit, IL from $500 (36 Rentals)

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

property at 136 S Lincoln Ave

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

136 S Lincoln Ave

South BeloitIL61080

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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Hawks Ridge Apartments
$1,225 - $1,545
Total Monthly Price

Total Monthly Price

Base Rent
$1,225 - $1,545
Total Monthly Price
$1,225 - $1,545
1 to 3 Bedroom Apartments Available Now

Hawks Ridge Apartments

1750 Gateway BlvdBeloit, WI 53511
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

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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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

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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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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Showing Results 1-36, Page 1 of 1

South Beloit, IL Local Guide

Cheapest Available South Beloit Apartments for Rent

 

The cheapest available apartment rental in South Beloit, IL is a 2 Beds unit found at Water Tower Place in the Downtown Beloit neighborhood priced from $1,195. Hawks Ridge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,225. Here is today’s list of the most affordable South Beloit apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Water Tower Place2.1 - Affordable2BR,1BA$1,195
Hawks Ridge ApartmentsBayview1BR,1BA$1,225
Gateway Estates2 Bedroom 1 Bath Upper2BR,1BA$1,465
Phoenix Apartments2A2BR,1BA$1,744

Best Value Apartments for Rent in South Beloit, IL

As of June 13, 2026 the best value apartment in the South Beloit area is the $1.35 price per square foot 302 Bluff St Model at 302 Bluff St, Unit ABC Stadium View in the in the Downtown Beloit neighborhood starting from $1,750. The second greatest value South Beloit apartment is the 2 Bedroom 1 Bath Upper Model at Gateway Estates starting at $1,465 with a $1.30 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.
302 Bluff St, Unit ABC Stadium View302 Bluff St3BR,1BA$1.35
Gateway Estates2 Bedroom 1 Bath Upper2BR,1BA$1.30
Water Tower Place2.1 - Affordable2BR,1BA$1.24
Phoenix Apartments2A2BR,1BA$1.95
Hawks Ridge ApartmentsBayview1BR,1BA$1.42
1534 Shirland Ave, Unit Shirland properties1534 Shirland Ave1BR,1BA$1.59

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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Remember the 3 Rules of Real Estate:
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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 $1,195 at Water Tower Place.

What is the most affordable South Beloit Three Bedroom Apartment?

The best deal on a cheap South Beloit Three Bedroom Apartment rental is at Hawks Ridge Apartments and starts from $1,525.

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

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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.