Cheap Homes for Rent in South Beloit, IL from $400 (8 Rentals)

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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 1 Bed unit found at Hawks Ridge Apartments priced from $1,175. Gateway Estates Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,395. Here is today’s list of the most affordable South Beloit apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hawks Ridge ApartmentsBayview1BR,1BA$1,175
Gateway Estates Apartments2 Bedroom 1 Bath Lower2BR,1BA$1,395
Water Tower Place2.12BR,1BA$1,400

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

As of November 11, 2025 the best value apartment in the South Beloit area is the $1.30 price per square foot 2 Bedroom 1 Bath Lower Model at Gateway Estates Apartments in the starting from $1,395. The second greatest value South Beloit apartment is the Two Bedroom D1 - Riverfront Model at Wright & Wagner Lofts starting at $1,983 with a $1.92 price per square foot in the Downtown 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.
Gateway Estates Apartments2 Bedroom 1 Bath Lower2BR,1BA$1.30
Wright & Wagner LoftsTwo Bedroom D1 - Riverfront2BR,2BA$1.92
618 Wisconsin Ave618 Wisconsin Ave2BR,2BA$1.65
1137 Bluff St, Unit 21137 Bluff St2BR,1BA$1.28
Water Tower Place2.12BR,1BA$1.55
Hawks Ridge ApartmentsBayview1BR,1BA$1.36

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Location, Location, Location!

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Frequently Asked Questions about South Beloit

What type of rentals are currently available in South Beloit?

There are currently 39 Apartments for Rent in South Beloit, IL with pricing that ranges from $840 to $2,925. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Beloit ranging from $400 to $6,300.

What is the current price range for Rental Homes in South Beloit?

Today's rental pricing for Homes for Rent, Condos and Townhomes in South Beloit ranges from $400 to $6,300 with an average monthly rent of $1,448.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.