Cheap Apartments for Rent in the Downtown Covington Neighborhood of Covington, KY from $600 (6 Rentals)

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

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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

Downtown Covington, Covington, KY Local Guide

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 $1,059. The Arthur Historic Apartments! has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,173. Here are the most affordable Downtown Covington apartments for rent in Covington, KY:

Apartment ListingModel NameBed/BathPriced From
Flats on the Row1 Bed | 1 Bath1BR,1BA$1,059
The Arthur Historic Apartments!1BR1BR,1BA$1,173
JRG LoftsDeltaStudio,1BA$1,537

Best Value Apartments for Rent in Downtown Covington, KY

As of October 08, 2025 the best value apartment in the Downtown Covington area is the $2.13 price per square foot 225 Riverside Dr Model at 225 Riverside Dr, Unit 1 in the in the Riverfront neighborhood starting from $3,200. The second greatest value Downtown Covington apartment is the **NO VACANCY** Model at The Amos starting at $1,730 with a $1.34 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 ListingModel NameBed/BathPrice Per Sq.Ft.
225 Riverside Dr, Unit 1225 Riverside Dr2BR,2BA$2.13
The Amos**NO VACANCY**1BR,1BA$1.34
Roebling RowThe Independence2BR,2BA$1.63
The Arthur Historic Apartments!1BR1BR,1BA$1.07
418 Johnson St, Unit 2418 Johnson St2BR,2BA$1.73
726 Madison Ave, Unit 2726 Madison Ave2BR,1.5BA$1.45
1325 Scott St, Unit 11325 Scott St2BR,1BA$1.45
103 E 3rd St. - The Hayden2BR/2.0BA2BR,2BA$2.32
RiverhausA61BR,1BA$2.16
Flats on the Row2 Bed | 1.5 Bath2BR,1.5BA$1.67

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Pet Friendly Lifestyle
Downtown Covington, Covington, KY

Ranked #2

Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Getting Around the Downtown Covington Neighborhood in Covington, KY

Walk Score®

89 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

68 / 100

Bikeable

Some bike infrastructure

Transit Score®

45 / 100

Some Transit

A few nearby public transportation options

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 $1,059 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 $1,349 at Flats on the Row.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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How to Negotiate Your Apartment Lease and Save Money

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Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.