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City Report · WI

Beloit

Pop. 36,534·36th most expensive in Wisconsin·Beloit rents are up 22.0% over the past year
Median rent (all units)
$1,291/mo
Year-over-Year
+22.0%
Month-over-Month
+5.2%
vs US Median
-$674
Rising (Monthly)
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Most AffordableMost Expensive
Beloit · $1,291
More affordable than 88% of US cities · National median $1,965/mo
Affordability
25% of income
AFFORDABLE
0%30% benchmark60%+

At $1,291/mo, rent takes about 25% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$52,000/yr
Local median income
$62,663/yr
Based on the 30%-of-income rule using Beloit's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$800
1 BR
$850
2 BR
$1,120
3 BR
$1,470
4 BR+
$1,490
Research median
$1,120/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$15,492/yr
At $1,291/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 22.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+22.0% YoY, +5.2% MoM), not inventory.
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Demographics

Who lives here

Beloit, WI is majority owner-occupied, has a large share of families with children, has a median income below the national average, 17.9% of residents hold a bachelor's degree or higher.

Population
36,534
Median income
$62,663
Median age
33.8
Renters
40.6%
Age distribution
25.4%
26.2%
21.1%
13.2%
14%
Under 1825.4%
18–3426.2%
35–5421.1%
55–6413.2%
65+14%
Gender
49.7%
50.3%
Male49.7%
Female50.3%
Race & ethnicity
63.7%
14.1%
21%
White63.7%
Black14.1%
Hispanic21%
Asian0.8%
Education (25+)
13.7%
37%
31.4%
17.9%
No HS diploma13.7%
HS diploma37%
Some college31.4%
Bachelor's+17.9%
Housing tenure
59.4%
40.6%
Owner59.4%
Renter40.6%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Beloit, WI has changed in 5 years

Income
$52,097 → $62,663
up 20.3%
Population
36,567 → 36,534
down 0.1%
Renter share
41.6% → 40.6%
-1.0 pts
Bachelor's+
17.7% → 17.9%
+0.2 pts

Local incomes tracked alongside that move, going from a median of $52,097 in 2021 to $62,663 more recently.

Community

Discussions about Beloit

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View Beloit rent history (2015–2026) →
Salary vs rent

Can you afford rent in Beloit on your salary?

At $1,291/mo, how Beloit rent compares to typical pay (30% rule).

By apartment size

Beloit rent by bedroom count

Median rent for each apartment size in Beloit. Click any size for full breakdown.

Local insights

Tips for renters in Beloit

About renting in Beloit, WI

Last updated: July 20, 2026

The median rent in Beloit is $1,291/mo as of July 2026. A studio apartment averages $800/mo while a 2-bedroom runs $1,120/mo. One-bedroom apartments average $850/mo and 3-bedroom units go for $1,470/mo.

At 25% of local median household income ($62,663/yr), Beloit ranks as affordable compared to the national benchmark of 30%. Rents have increased 22.0% over the past year.

FAQ

Frequently asked questions

Is Beloit an affordable city for renters?

Beloit is considered affordable for renters. At $1,291/mo, rent takes approximately 25% of the local median household income ($62,663/yr). The standard benchmark is 30%. Beloit falls comfortably within that range.

How much income do you need to rent in Beloit?

To keep rent at or below 30% of gross income, you would need to earn at least $52,000/year (~$25/hour full-time) to afford the median rent of $1,291/mo in Beloit. The local median household income is $62,663/yr, meaning the typical Beloit household meets that threshold.

Is rent going up or down in Beloit?

Rent in Beloit has increased 22.0% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Beloit rent compare to other cities in Wisconsin?

Beloit is middle-of-the-pack for Wisconsin for rent, ranking #36 out of 62 tracked cities at $1,291/mo.

Which nearby cities are cheaper to rent in than Beloit?

Several nearby cities have lower median rents than Beloit ($1,291/mo): Rockford ($1,208/mo), Janesville ($1,214/mo).

What percentage of Beloit residents rent vs. own?

According to Census data, approximately 40.6% of Beloit households are renters, while 59.4% are owner-occupied. Beloit leans toward homeownership, which can mean a smaller rental inventory.

How does Beloit rent compare to the national average?

Beloit's median rent of $1,291/mo is $674 (34%) below the US national median of $1,965/mo. Within Wisconsin, it ranks #36 out of 62 tracked cities.
Income Affordability
25%
AFFORDABLE

At $1,291/mo, rent takes ~25% of Beloit's median household income ($62,663/yr). The standard benchmark is 30%.

Beloit 25%Benchmark 30%
State income tax3.5–7.65%
Run the Beloit affordability calculator →
Lowest-rent ZIP codes in Beloit
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Beloit, WI

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