Cheap Apartments for Rent in South Beloit, IL from $500 (9 Rentals)

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Village on Olympian Hill
Studio to 2 Bedroom Apartments

Village on Olympian Hill

431 Olympian BlvdBeloit, WI 53511
Senior Living
  • 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

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.

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 E2BR,1BA$1,095
Hawks Ridge ApartmentsBayview1BR,1BA$1,175
Gateway Estates Apartments1 Bedroom 1 Bath Upper1BR,1BA$1,315

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

As of September 09, 2025 the best value apartment in the South Beloit area is the $1.05 price per square foot 738 Moore St Model at 738 Moore St, Unit Moore st in the in the Downtown Beloit neighborhood starting from $1,050. The second greatest value South Beloit apartment is the 1 Bedroom 1 Bath Upper Model at Gateway Estates Apartments starting at $1,315 with a $1.38 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.
738 Moore St, Unit Moore st738 Moore St2BR,1BA$1.05
Gateway Estates Apartments1 Bedroom 1 Bath Upper1BR,1BA$1.38
Water Tower Place2.12BR,1BA$1.55
Hawks Ridge ApartmentsBayview1BR,1BA$1.36
920 ON PARK2 Bedroom Style E2BR,1BA$1.29
219 S Moore St, Unit #2219 S Moore St2BR,1BA$1.20
1037 Bluff St, Unit 21037 Bluff St2BR,1BA$1.66

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

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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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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.