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$890 - $1,8851 to 2 Bedroom Apartments Available Now
The Arthur Historic Apartments!
525 Greenup StCovington, KY 41011
Cheap Apartments for Rent in the Downtown Covington Neighborhood of Covington, KY from $700 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Covington area of Covington.
112 E 5th St
CovingtonKY41011
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$1,200
Total Monthly Price
Studio Apartment Available May 16Total Monthly Price
Base Rent
$1,200
Total Monthly Price
$1,200
319 W 9th St, Unit 1, Unit 1
319 W 9th StCovington, KY 41011
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$1,360 - $4,144Studio to 2 Bedroom Apartments Available Now
Riverhaus
515 Main StCovington, KY 41011
525 Garrard St
CovingtonKY41011
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$1,5001 Bedroom Apartments Available Now
328 Bush St, Unit 2
328 Bush StCovington, KY 41011
218 W 5th St
CovingtonKY41011
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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$1,580 - $3,908
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,580 - $3,908
Total Monthly Price
Varies
JRG Lofts
437 W 6th StCovington, KY 41011
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$1,718Studio Apartments Available Now
Furnished Studio-Cincinnati - Covington
650 W 3rd StCovington, KY 41011
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$1,850
Total Monthly Price
2 Bedroom Apartment Available NowTotal Monthly Price
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$1,850
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$1,850
631 Bakewell St, Unit 631 Bakewell Apt #1, Unit 631 Bakewell Apt #1
631 Bakewell StCovington, KY 41011
212 W 6th St
CovingtonKY41011
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$2,1501 Bedroom Apartments Available Jul 1
The Amos
421 Garrard StCovington, KY 41011
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$2,195
Total Monthly Price
2 Bedroom Apartment Available Apr 30Total Monthly Price
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$2,195
Total Monthly Price
$2,195
221 W 4th St, Unit 2, Unit 2
221 W 4th StCovington, KY 41011
18 Saratoga St
CovingtonKY41011
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.
1235 Scott St
CovingtonKY41011
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1 Bedroom Apartments
522-524 Garrard St.
522-524 Garrard StCovington, KY 41011
1718 Scott St
CovingtonKY41011
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1 to 3 Bedroom Apartments
River's Edge
1028 Greenup StCovington, KY 41011
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1 to 2 Bedroom Apartments
Apartments on 10th
10-12 W 10th StCovington, KY 41011
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Studio to 2 Bedroom Apartments
Seminary Square Lofts
832 Banklick StCovington, KY 41011
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Studio to 2 Bedroom Apartments
103 E 3rd St. - The Hayden
103 E 3rd StCovington, KY 41011
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.
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Studio to 2 Bedroom Apartments
Duveneck Square
710 Washington StCovington, KY 41011
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1 to 2 Bedroom Apartments
811 Greenup St
811 Greenup StCovington, KY 41011
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1 to 2 Bedroom Apartments
Roebling Row
240 Greenup StCovington, KY 41011
229 Riverside Dr
CovingtonKY41011
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1 to 3 Bedroom Apartments
303 Greenup (NEW)
303 Greenup StCovington, KY 41011
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Studio to 2 Bedroom Apartments
Madison Place Apartments
50-100 W Rivercenter BlvdCovington, KY 41011
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Rent Specials
$985 - $3,629Studio to 2 Bedroom Apartments Available Now
Flats on the Row
100 Riverboat RowNewport, KY 41071
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Showing Results 1-28, Page 1 of 1
Downtown Covington, Covington, KY Local Guide
How much does it cost to rent an apartment in Downtown Covington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Covington Studio Apartments | $1,403 | $985 | $1,746 |
| Downtown Covington 1 Bedroom Apartments | $1,679 | $950 | $3,333 |
| Downtown Covington 2 Bedroom Apartments | $2,263 | $995 | $4,144 |
| Downtown Covington 3 Bedroom Apartments | $2,295 | $2,295 | $2,295 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 28 rentals with your search options within a 2 mile radius of the Downtown Covington Neighborhood of Covington, KY.
See all Apartments in CovingtonExplore Covington
Downtown Covington, Covington, KY Local Guide
- Nearby Covington neighborhoods
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Cheapest Available Downtown Covington Apartments for Rent
The cheapest available apartment rental in the Downtown Covington area of Covington, KY is a 1 Bed unit found at Flats on the Row priced from $1,155. Seminary Square Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $1,310. Here are the most affordable Downtown Covington apartments for rent in Covington, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Flats on the Row | 1 Bed | 1 Bath | 1BR,1BA | $1,155 |
| Seminary Square Lofts | Acolyte | Studio,1BA | $1,310 |
| Duveneck Square | Pike | Studio,1BA | $1,435 |
| Riverhaus | A11 | 1BR,1BA | $1,494 |
| The Arthur Historic Apartments! | 2BR | 2BR,1BA | $1,560 |
| JRG Lofts | Island | Studio,1BA | $1,580 |
| 103 E 3rd St. - The Hayden | 1BR/1.0BA | 1BR,1BA | $1,645 |
| Roebling Row | The Foster | 2BR,2BA | $2,151 |
Best Value Apartments for Rent in Downtown Covington, KY
As of April 24, 2026 the best value apartment in the Downtown Covington area is the $1.01 price per square foot 2BR Model at The Arthur Historic Apartments! in the in the Northern Kentucky neighborhood starting from $1,560. The second greatest value Downtown Covington apartment is the The Foster Model at Roebling Row starting at $2,151 with a $1.79 price per square foot in the Riverfront neighborhood. Here is today’s list of the best values for Downtown Covington apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Arthur Historic Apartments! | 2BR | 2BR,1BA | $1.01 |
| Roebling Row | The Foster | 2BR,2BA | $1.79 |
| Riverhaus | B1 | 2BR,2BA | $2.08 |
| 631 Bakewell St, Unit 631 Bakewell Apt #1 | 631 Bakewell St | 2BR,1BA | $2.06 |
| Flats on the Row | 2 Bed | 1.5 Bath | 2BR,1.5BA | $1.77 |
| Seminary Square Lofts | Acolyte | Studio ,1BA | $1.77 |
| Duveneck Square | Pike | Studio ,1BA | $2.29 |
| 103 E 3rd St. - The Hayden | 1BR/1.0BA | 1BR,1BA | $2.82 |
| JRG Lofts | Island | Studio ,1BA | $3.13 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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Pet Friendly LifestyleDowntown Covington, Covington, KY
Ranked #2
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Cheap Downtown Covington Apartments
How much is rent for a Cheap One Bedroom Downtown Covington Apartment?
The lowest price for a Cheap One Bedroom Downtown Covington Apartment is $1,155 at Flats on the Row.
What is the lowest price for a Cheap Two Bedroom Downtown Covington Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Covington is starting from $1,436 at Flats on the Row.
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
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.