Cheap Homes for Rent near South Beloit, IL from $875 (11 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes 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.

Read Article

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.

Read Article
Showing Results 1-11, Page 1 of 1

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 920 On Park Apartments in the Downtown Beloit neighborhood priced from $865. Water Tower Place in the Beloit neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,195. Here is today’s list of the most affordable South Beloit apartments for rent:

Apartment ListingModel NameBed/BathPriced From
920 On Park Apartments1x1-C1BR,1BA$865
Water Tower Place2.1 - Affordable2BR,1BA$1,195
Hawks Ridge ApartmentsBayview1BR,1BA$1,225

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

As of August 30, 2026 the best value apartment in the South Beloit area is the $1.24 price per square foot 2.1 - Affordable Model at Water Tower Place in the in the Beloit neighborhood starting from $1,195. The second greatest value South Beloit apartment is the Bayview Model at Hawks Ridge Apartments starting at $1,225 with a $1.42 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.
Water Tower Place2.1 - Affordable2BR,1BA$1.24
Hawks Ridge ApartmentsBayview1BR,1BA$1.42
920 On Park Apartments1x1-C1BR,1BA$1.47

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.

Read Article
Decorative image

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.

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

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

Explore South Beloit, IL Rentals by Map

Decorative image of map

See the most popular apartments and homes in South Beloit, IL

View Map
South Beloit, IL Apartments Map
View Map
South Beloit, IL Rental Homes Map

Frequently Asked Questions about South Beloit

What type of rentals are currently available in South Beloit?

There are currently 43 Apartments for Rent in South Beloit, IL with pricing that ranges from $742 to $2,925. There are also 53 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Beloit ranging from $800 to $5,000.

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 $800 to $5,000 with an average monthly rent of $1,783.

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

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.

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

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.