Cheap Apartments for Rent in Covington, KY from $300 (181 Rentals)

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Search the lowest-cost Apartments available for rent right now in Covington.

property at 622 W 12th St

$1,045

1 Bedroom Rentals

Available Now

622 W 12th St

CovingtonKY41011

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217 Wallace Ave, Unit 3
$1,450
Total Monthly Price

Total Monthly Price

Base Rent
$1,450
Total Monthly Price
$1,450
1 Bedroom Apartment Available Oct 1

217 Wallace Ave, Unit 3

217 Wallace AveCovington, KY 41014
Furnished
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Highland Manor
1 Bedroom Apartments

Highland Manor

918-922 Highland AveCovington, KY 41011
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1807 Madison Ave
2 Bedroom Apartments

1807 Madison Ave

1807 Madison AveCovington, KY 41014
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522-524 Garrard St.
1 Bedroom Apartments

522-524 Garrard St.

522-524 Garrard StCovington, KY 41011
  • Utilities Included
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River's Edge
1 to 3 Bedroom Apartments

River's Edge

1028 Greenup StCovington, KY 41011
  • Utilities Included

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Apartments on 10th
1 to 2 Bedroom Apartments

Apartments on 10th

10-12 W 10th StCovington, KY 41011
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811 Greenup St
1 to 2 Bedroom Apartments

811 Greenup St

811 Greenup StCovington, KY 41011
property at 225 Emming St

$750

1 Bedroom Rentals

Available Now

225 Emming St

CincinnatiOH45219

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1704 Campbell St, Unit 2
$1,100
Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100
1 Bedroom Apartment Available Now

1704 Campbell St, Unit 2

1704 Campbell StCincinnati, OH 45202
Affordability
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Covington, KY Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Covington, KY

Pricing Updated: 08/03/2026

Current apartment rentals in the Covington, KY area range in price from $745 to $9,200 with an overall median price of $1,539. Here is today’s list neighborhoods with the lowest median pricing for Covington Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Covington$1,530$76512
Kenton County$1,539$745429

Cheapest Available Covington Apartments for Rent

 

The cheapest available apartment rental in Covington, KY is a 2 Beds unit found at The Arts Apartments at Music Hall in the Queensgate neighborhood priced from $730. Bellevue House Apartments in the Mount Auburn neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $825. Here is today’s list of the most affordable Covington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Arts Apartments at Music Hall2 Bedrooms2BR,1BA$730
Bellevue House ApartmentsStudioStudio,1BA$825
2162 Stratford AveOne Bedroom1BR,1BA$825
State Ave Lofts1/11BR,1BA$850
Chateau 932-9381BR/1.0BA1BR,1BA$850
Devou Village1 Bedroom, 1 Bath - 800SqFt Phase 2 & 31BR,1BA$860
Barkley Ridge Apartments1 Bedroom 1 Bath B1BR,1BA$890
Chateau 9441BR/1.0BA1BR,1BA$895
139 East Clifton Ave0 Bedroom 1 Bath - 67611Studio,1BA$895

Best Value Apartments for Rent in Covington, KY

As of August 03, 2026 the best value apartment in the Covington area is the $1.09 price per square foot 1908 Dunlap St Model at 1908 Dunlap St, Unit #4 in the in the Queensgate neighborhood starting from $3,500. The second greatest value Covington apartment is the 2230 Ravine St Model at 2230 Ravine St, Unit 1 starting at $2,025 with a $0.81 price per square foot in the Queensgate neighborhood. Here is today’s list of the best values for Covington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1908 Dunlap St, Unit #41908 Dunlap St2BR,3BA$1.09
2230 Ravine St, Unit 12230 Ravine St3BR,2BA$0.81
2148 Auburn Ave, Unit 42148 Auburn Ave3BR,1BA$0.99
2214 Auburn Ave2214 Auburn Ave3BR,1BA$1.13
701 Edgecliff St, Unit 2.0701 Edgecliff St2BR,1BA$0.95
2116 Ravine St, Unit 12116 Ravine St2BR,1BA$0.84
1408 Russell St, Unit 11408 Russell St1BR,1BA$1.00
107 Valencia St, Unit 107 Valencia Apt 1107 Valencia StStudio ,1BA$0.68
The Arthur Historic Apartments1BR1BR,1BA$1.09
2162 Stratford AveOne Bedroom1BR,1BA$1.03

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Local Expert's Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Cincinnati

A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Cincinnati metro area for affordable living. Find your perfect Student apartment, condo, or rental home today at apartmenthomeliving.com

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Covington Overview

Located in the proud confines of Kenton County, Covington is a blue collar city in Kentucky that acts as home to around 40,000 residents. Boasting views of both the Ohio and Licking Rivers, this fifth most-populated city in the state is a welcoming locale brimming with charm and possibility.

Why live in Covington, KY?

With scenic natural beauty to spare and plenty of amenities usually only seen in larger cities, Covington apartments for rent make an excellent option for anyone in the market for a new home in the great state of Kentucky. From impressive local schools to popular area eateries, this on-the-move working class hot spot is a great destination in which to raise a family or enjoy retirement.

Best Local Schools in
Covington, KY

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Covington, KY Rentals by Map

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See the most popular apartments and homes in Covington, KY

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Frequently Asked Questions about Cheap Covington Apartments

What is a cheap apartment in Covington?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Covington is under $895.

What is the price of a cheap apartment in Covington?

The cheapest apartment in Covington is 2162 Stratford Ave which is listed at $825, while the average apartment in Covington costs $1,539.

What types of apartments are the cheapest in Covington?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 116 regular apartments in Covington that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Covington?

Cheap apartments in Covington have an average cost of $486 which is $1,053 cheaper than the average rent for all rentals in Covington.

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.

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