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These days, finding an affordable place to live in the Beloit area can be challenging. Home prices in Beloit are now at a median cost of $136,725, lower than the Kansas average of $243,949.
The average cost of rent is $680/mo in Beloit, primarily driven by the current value of real estate in the Beloit area. In Beloit, 35.65% of households rent, and 52.04% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Beloit is $5,057 per month. Households that rent pay about 13.44% of their income on rent here. Beloit’s most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Scottsville, KS: higher priced homes
- Glen Elder, KS: equally priced homes
- Simpson, KS: higher priced homes
- Randall, KS: less expensive homes
- Jewell, KS: less expensive homes
- Glasco, KS: less expensive homes
- Jamestown, KS: equally priced homes
- Cawker City, KS: equally priced homes
- Barnard, KS: less expensive homes
- Tipton, KS: equally priced homes
Cities with Similar Populations
- South Bay, FL: equally priced homes
- Eighty Four, PA: higher priced homes
- Blackstone, VA: higher priced homes
- Platteville, CO: higher priced homes
- East Prairie, MO: less expensive homes
- Eastaboga, AL: higher priced homes
- Eden, UT: higher priced homes
- Swanzey, NH: higher priced homes
- Edgewood, OH: equally priced homes
- Edwardsville, KS: higher priced homes
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