Cheap Apartments for Rent in the Downtown Covington Neighborhood of Covington, KY from $600 (29 Rentals)

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Cheap Apartments in the Downtown Covington area of Covington.

property at 721 Scott St

721 Scott St

CovingtonKY41011

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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 2 Bedroom Apartments

River's Edge

1028 Greenup StCovington, KY 41011
  • Utilities Included

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Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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811 Greenup St
2 Bedroom Apartments

811 Greenup St

811 Greenup StCovington, KY 41011

Cincinnati's Best Affordable Neighborhoods

Learn about Cincinnati and the best places to live with original content written by our Cincinnati, OH Local Expert Joey Hoelscher

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 Studio unit found at Textile Apartments priced from $1,256. Cadence of Newport has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,295. Here are the most affordable Downtown Covington apartments for rent in Covington, KY:

Apartment ListingModel NameBed/BathPriced From
Textile ApartmentsX09Studio,1BA$1,256
Cadence of NewportEnsemble2BR,1BA$1,295
103 E 3rd St. - The Hayden0BR/1.0BAStudio,1BA$1,310
Industry CincinnatiStudio - CollectiveStudio,1BA$1,349
The Gateway Flats at Manhattan HarbourOasis1BR,1BA$1,445
The AltoDodici1BR,1BA$1,449
Current At The BanksBridgeStudio,1BA$1,499
7 West 7th Apartments1B1BR,1BA$1,500

Best Value Apartments for Rent in Downtown Covington, KY

As of May 04, 2025 the best value apartment in the Downtown Covington area is the $2.24 price per square foot Marquis Model at Radius At The Banks in the in the Queensgate neighborhood starting from $2,781. The second greatest value Downtown Covington apartment is the 10 W Pike St Model at 10 W Pike St, Unit B starting at $1,650 with a $1.38 price per square foot in the Northern Kentucky 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.
Radius At The BanksMarquis2BR,2BA$2.24
10 W Pike St, Unit B10 W Pike St1BR,1BA$1.38
The Amos3011BR,1.5BA$2.24
806 Main St, Unit 2806 Main St2BR,1BA$1.95
266 W Pike St, Unit 3266 W Pike St1BR,1BA$1.48
RiverhausB12BR,2BA$2.21
Fourth & Plum2-1f&pFDenCFourth & Plum2BR,1BA$1.93
Cadence of NewportEncore2BR,1BA$1.76
The Gateway Flats at Manhattan HarbourOasis1BR,1BA$1.77
Madison Place ApartmentsThe ShelbyStudio ,1BA$2.35

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Pet Friendly Lifestyle
Downtown Covington, Covington, KY

Ranked #2

Among neighborhoods in Covington, KY for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
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

What is the Cheapest Studio apartment in Downtown Covington?

Currently the most affordable Cheap Studio Apartment in Downtown Covington is at Textile Apartments listed at $1,256.

How much is rent for a Cheap One Bedroom Downtown Covington Apartment?

The lowest price for a Cheap One Bedroom Downtown Covington Apartment is $1,360 at Textile Apartments.

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 $1,295 at Cadence of Newport.

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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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.