19 Indiana St
DanvilleIL61832
Cheap Homes for Rent in Covington, IN from $400 (3 Rentals)
Search the lowest-cost Homes available for rent right now in Covington.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
28 S Virginia Ave
DanvilleIL61832
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
212 Edwards St
DanvilleIL61832
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Covington, IN Local Guide
Snowy times in Covington by Daniel Schwen is licensed under CC BY 4.0
How much does it cost to rent a home in Covington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Covington 2 Bedroom Homes for Rent | $724 | $525 | $795 |
| Covington 3 Bedroom Homes for Rent | $863 | $750 | $1,000 |
| Covington 4 Bedroom Homes for Rent | $950 | $950 | $950 |
Browse Top Homes for Rent in Covington
Explore Covington
Covington, IN Local Guide
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Best Value Apartments for Rent in Covington, IN and Nearby
As of December 11, 2025 the best value apartment in the Covington area is the $1.28 price per square foot 3 BD/2 BA - POND VIEW Model at West Heights Townhomes - West Lafayette in the in the Discovery Park neighborhood starting from $2,162. The second greatest value Covington apartment is the Grand Model at Avalon Bluffs starting at $2,200 with a $1.39 price per square foot . Here is today’s list of the best values for Covington apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| West Heights Townhomes - West Lafayette | 3 BD/2 BA - POND VIEW | 3BR,2.5BA | $1.28 |
| Avalon Bluffs | Grand | 3BR,2BA | $1.39 |
| Townhomes on Main | 3x2-80% | 3BR,2BA | $0.81 |
| 52 Flats | 3 BD 1.5 BA Duplex | 3BR,1.5BA | $1.15 |
| Shadeland Estates | (Clayton) Shadeland Estates New Large Homes 3bd... | 3BR,2BA | $0.97 |
| Devonshire Village | 2 Bed 2 Bath Private Entry | 2BR,2BA | $1.21 |
| Cloverdale Heights | 2 bedroom townhome | 2BR,1.5BA | $0.94 |
| Candlelight Estates | Leasing NOW - Brand new 2bd/2bth homes located ... | 2BR,2BA | $1.14 |
| The Harbor at Southaven | 1BR/1BA | 1BR,1BA | $1.40 |
| The Grove | 2BR | 2BR,1BA | $1.30 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read Article
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick Rent Budget Calculator
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Best Local Schools in Covington, IN
Covington Community High School
Covington Community Sch Corp
Public School - Grades 9-12 (284)
10 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Covington, IN Rentals by Map
See the most popular apartments and homes in Covington, IN
Frequently Asked Questions about Covington
What type of rentals are currently available in Covington?
There are currently 60 Apartments for Rent in Covington, IN with pricing that ranges from $486 to $3,400. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Covington ranging from $425 to $1,000.
What is the current price range for Rental Homes in Covington?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Covington ranges from $425 to $1,000 with an average monthly rent of $754.
How much are larger Three and Four Bedroom Rentals in Covington?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Covington range from $486 to $2,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $1,000. Four Bedroom Single-Family rentals are also available starting from $950 and Four Bedroom Apartments start at $1,429.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.