salaryRent is lower than in 54% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.
How much money do I need?
To rent here comfortably, you should earn about $62,680 a year. That is $30 an hour at a full-time job.
Is rent cheaper than other Wisconsin cities?
No. Rent here is more expensive than in most of Wisconsin. It is number 112 of 156 cities from cheapest to most expensive.
How much do households earn in Beloit?
Share of households by yearly income. 16.7% of households earn $100,000 or more.
Rent by apartment size in Beloit
| Size | Beloit | U.S. average |
|---|---|---|
| Studio | $1,036 | $1,338 |
| 1 bedroom | $894 | $1,324 |
| 2 bedrooms | $1,203 | $1,509 |
| 3 bedrooms | $1,351 | $1,698 |
| 4 bedrooms | $1,418 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Beloit overall?
Everyday prices in the Janesville-Beloit metro area are 6% below the U.S. average (index 93.7, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.
Taxes and bills in Beloit
Life in Beloit
What jobs pay in Beloit
| Job | Median pay | Rent / pay |
|---|---|---|
| Pharmacist | $150,120 | 12.5% |
| Physician Assistant | $135,830 | 13.8% |
| Nurse Practitioner | $125,300 | 15.0% |
| Operations Manager | $121,540 | 15.5% |
| Lawyer | $110,380 | 17.0% |
| Software Developer | $105,670 | 17.8% |
| Computer Systems Analyst | $99,950 | 18.8% |
| Dental Hygienist | $96,200 | 19.5% |
| Registered Nurse | $93,030 | 20.2% |
| Civil Engineer | $85,740 | 21.9% |
| Electrician | $82,170 | 22.9% |
| Plumber | $79,070 | 23.8% |
| Accountant | $77,100 | 24.4% |
| Carpenter | $75,390 | 24.9% |
| Police Officer | $74,220 | 25.3% |
| Firefighter | $66,000 | 28.5% |
| Licensed Practical Nurse | $64,000 | 29.4% |
| Market Research Analyst | $62,480 | 30.1% |
| Elementary School Teacher | $60,220 | 31.2% |
| Truck Driver | $59,800 | 31.4% |
| HVAC Technician | $59,770 | 31.5% |
| Medical Assistant | $46,600 | 40.4% |
| Customer Service Representative | $46,210 | 40.7% |
| Warehouse Worker | $44,590 | 42.2% |
| Nursing Assistant | $39,730 | 47.3% |
| Restaurant Cook | $35,920 | 52.3% |
| Retail Salesperson | $34,000 | 55.3% |
| Cashier | $31,240 | 60.2% |
| Server (Waiter/Waitress) | $28,990 | 64.9% |
Is it cheaper to rent or buy in Beloit?
Buying is cheaper month to month: about $481 a month less than renting.
Owning assumes a typical $156,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $15,650 for the down payment.
Frequently asked questions
What is the average rent in Beloit, WI?
Renting in Beloit costs a median of about $1,567 a month in 2026, including utilities. The Wisconsin median is $1,305.
How much do I need to make to live in Beloit?
To keep rent under 30% of income, you need about $62,680 a year, or $30 an hour at a full-time job.
Is Beloit cheap or expensive?
Beloit is rated OK: rent takes 27.8% of the typical household income of $67,582. It ranks 112th cheapest of 156 Wisconsin cities we track.
How much are property taxes in Beloit?
The median homeowner in Beloit pays $2,454 a year in property taxes, about 1.57% of the median home value.
Is Beloit more expensive than the national average?
Overall prices in the metro area are 6% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Beloit?
The median home value in Beloit is $156,500, about 2.3 times the typical yearly household income.
36,534 people live in Beloit. Numbers are typical (middle) values.