Cheap Apartments for Rent in South Beloit, IL from $742 (29 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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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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Hawks Ridge Apartments
$1,225 - $1,545

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
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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

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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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Showing Results 1-29, 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 Beloit neighborhood priced from $1,195. Hawks Ridge Apartments in the Beloit neighborhood 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
BURTON RIDGE3 Bed 1.5 Bath - Upper3BR,1BA$1,399

Best Value Apartments for Rent in South Beloit, IL

As of September 12, 2026 the best value apartment in the South Beloit area is the $1.12 price per square foot 3 Bed 1.5 Bath - Upper Model at BURTON RIDGE in the in the Beloit neighborhood starting from $1,399. The second greatest value South Beloit apartment is the 2.1 - Affordable Model at Water Tower Place starting at $1,195 with a $1.24 price per square foot in the Beloit neighborhood. 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.
BURTON RIDGE3 Bed 1.5 Bath - Upper3BR,1.5BA$1.12
Water Tower Place2.1 - Affordable2BR,1BA$1.24
Hawks Ridge ApartmentsBayview1BR,1BA$1.42

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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:
Location, Location, Location!

Explore South Beloit, IL Rentals by Map

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Frequently Asked Questions about Cheap South Beloit Apartments

How much is rent for a Cheap One Bedroom South Beloit Apartment?

The lowest price for a Cheap One Bedroom South Beloit Apartment is $1,225 at Hawks Ridge 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 BURTON RIDGE and starts from $1,399.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.