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$899 - $1,5261 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 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Covington area of Covington.
338 Bush St
CovingtonKY41011
318 Greenup St
CovingtonKY41011
327 E M.L.K. Jr. Blvd
CovingtonKY41011
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$1,3001 Bedroom Apartment Available Now
213 Covington Ave, Unit A
213 Covington AveCovington, KY 41011
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$1,3001 Bedroom Apartment Available Jan 17, 2026
1033 Russell St, Unit Flr 1
1033 Russell StCovington, KY 41011
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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.
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$872 - $2,385Studio to 2 Bedroom Apartments Available Now
Flats on the Row
100 Riverboat RowNewport, KY 41071
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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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 | $1,296 | $872 | $1,491 |
| Downtown Covington 1 Bedroom Apartments | $1,462 | $899 | $2,300 |
| Downtown Covington 2 Bedroom Apartments | $1,996 | $1,295 | $3,889 |
| Downtown Covington 3 Bedroom Apartments | $2,097 | $1,795 | $2,400 |
Browse Apartments in this Neighborhood
There are currently 14 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
- Nearby Cities
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- Local Counties
- School Districts
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 $1,127. The Arthur Historic Apartments! has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,195. 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 | $1,127 |
| The Arthur Historic Apartments! | 1BR | 1BR,1BA | $1,195 |
| Seminary Square Lofts | Acolyte | Studio,1BA | $1,275 |
| Duveneck Square | Pike | Studio,1BA | $1,390 |
| Riverhaus | A5 | 1BR,1BA | $1,454 |
Best Value Apartments for Rent in Downtown Covington, KY
As of December 01, 2025 the best value apartment in the Downtown Covington area is the $1.00 price per square foot 231 E 11th St Model at 231 E 11th St, Unit 2 in the in the Northern Kentucky neighborhood starting from $1,350. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 231 E 11th St, Unit 2 | 231 E 11th St | 2BR,1BA | $1.00 |
| The Amos | **NO VACANCY** | 1BR,1BA | $1.34 |
| Roebling Row | The Foster | 2BR,2BA | $1.76 |
| The Arthur Historic Apartments! | 1BR | 1BR,1BA | $1.09 |
| 213 Covington Ave, Unit A | 213 Covington Ave | 1BR,1BA | $1.37 |
| 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 | $1.74 |
| Riverhaus | A5 | 1BR,1BA | $1.96 |
| Seminary Square Lofts | Acolyte | Studio ,1BA | $1.72 |
| Duveneck Square | Madison | Studio ,1BA | $2.25 |
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.
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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.
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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
2.5Pet Friendly
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,127 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 $1,409 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.
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.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.