About This Property
Beloit Water Tower Place comprises 77 units in Beloit, Wisconsin, with 63 designated as low-income housing. The property includes 36 one-bedroom and 38 two-bedroom units and has been in service since 1995. The development is financed through 9% Low-Income Housing Tax Credits.
Waitlist Information
Waitlist managed by Beloit Housing Authority
Applications are being taken for 1 and 2 bedroom elderly/handicapped/disabled and 2, 3, 4 and 5 bedroom family units in Low Income Public Housing. Applications must be submitted with all necessary documents and verifications.
Eligibility is for those at or below 80% of county median income, elderly, or disabled, living in the City of Beloit, Towns of Beloit or Turtle.
Waitlist data provided by section8waitlist.org
Updated April 18, 2026
Property Details
Fair Market Rent - Rock County, WI
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $797 |
| 1 Bedroom | $841 |
| 2 Bedroom | $1,105 |
| 3 Bedroom | $1,461 |
| 4 Bedroom | $1,533 |
Income Limits - Rock County, WI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,350
- Very Low (50%)
- $25,550
- Low (80%)
- $40,900
- Extremely Low (30%)
- $17,550
- Very Low (50%)
- $29,200
- Low (80%)
- $46,750
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,850
- Low (80%)
- $52,600
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,500
- Low (80%)
- $58,400
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,450
- Low (80%)
- $63,100
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $42,350
- Low (80%)
- $67,750
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $45,300
- Low (80%)
- $72,450
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $48,200
- Low (80%)
- $77,100
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,350 | $25,550 | $40,900 |
| 2 Persons | $17,550 | $29,200 | $46,750 |
| 3 Persons | $21,960 | $32,850 | $52,600 |
| 4 Persons | $26,500 | $36,500 | $58,400 |
| 5 Persons | $31,040 | $39,450 | $63,100 |
| 6 Persons | $35,580 | $42,350 | $67,750 |
| 7 Persons | $40,120 | $45,300 | $72,450 |
| 8 Persons | $44,660 | $48,200 | $77,100 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Beloit, WI?+
The Fair Market Rent (FMR) for Rock County, WI is: $797 (Studio), $841 (1BR), $1105 (2BR), $1461 (3BR), $1533 (4BR). Actual rent at subsidized properties like Beloit Water Tower Place is typically 30% of household income or less.
What size apartments are available at Beloit Water Tower Place?+
Beloit Water Tower Place offers the following unit types: 36 One-Bedroom, 38 Two-Bedroom units, for a total of 77 units.
What are the income limits for affordable housing in Rock County, WI?+
For a 4-person household in Rock County, WI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,500, Low Income (80% AMI): $58,400. These limits are set by HUD and updated annually.
Who manages Beloit Water Tower Place?+
Beloit Water Tower Place is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Beloit Water Tower Place?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
How do I apply for housing at Beloit Water Tower Place?+
Beloit Water Tower Place is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
What is the price range for apartments in Beloit, WI?+
Based on Fair Market Rent for Rock County, the estimated price range is: 1-bedroom: $841, 2-bedroom: $1105. Actual rent at Beloit Water Tower Place may be lower for income-eligible households.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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