South Beloit, IL Real Estate

According to census data in the year 2000 there were 2,282 housing units in South Beloit. This represents a 27.6% growth from 1,789 in 1990.

Of those housing units, 2,137 were located in either urbanized areas or urban clusters, and 145 were located in what is classified as a rural area.

Homeownership rate in South Beloit is about 66.9%. South Beloit's vacancy rate, including seasonal lodging, is about 6.9%. Average household size is 2.43 people.

The majority of houses, apartments or condos in South Beloit were built after 1965.


Housing Size

Housing Units by Size
Studio Type1.80%
One Bedroom10.30%
Two Bedrooms35.20%
Three Bedrooms43.60%
Four Bedrooms8.20%
Five Bedrooms or more0.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.53
Median year structure was built1970
Median Value of occupied units$86,200
Median Price asked for vacant units$85,000

Rented Homes, Apartments and Condos

Average Household Size2.23
Median year structure was built1959
Median Monthly Rent asked for vacant units$521

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.40%
Home Equity Loan6.80%
Simple Mortgage56.70%
Debt Free28.20%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.1%