close
View Me
$895
Total Monthly Price
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$895
Total Monthly Price
$895
1109 Russell St, Unit 1
1109 Russell StCovington, KY 41011
Cheap Apartments for Rent in the Downtown Covington Neighborhood of Covington, KY from $700 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Covington area of Covington.
close
View Me
$899 - $2,0291 to 2 Bedroom Apartments Available Apr 11
The Arthur Historic Apartments!
525 Greenup StCovington, KY 41011
811 Madison Ave
CovingtonKY41011
close
View Me
$1,200 - $1,495
Total Monthly Price
1 to 2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,200 - $1,495
Total Monthly Price
$1,200 - $1,495
422 Watkins St
422 Watkins StCovington, KY 41011
close
View Me
$1,3002 Bedroom Apartments Available Apr 18
329 Byrd St
329 Byrd StCovington, KY 41011
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.
close
View Me
1 Bedroom Apartments
522-524 Garrard St.
522-524 Garrard StCovington, KY 41011
close
View Me
1 to 3 Bedroom Apartments
River's Edge
1028 Greenup StCovington, KY 41011
close
View Me
1 to 2 Bedroom Apartments
Apartments on 10th
10-12 W 10th StCovington, KY 41011
close
View Me
Studio to 2 Bedroom Apartments
Seminary Square Lofts
832 Banklick StCovington, KY 41011
close
View Me
Rent Specials
$970 - $4,163Studio 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.
Showing Results 1-10, 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 | $1,450 | $970 | $1,712 |
| Downtown Covington 1 Bedroom Apartments | $1,698 | $895 | $3,440 |
| Downtown Covington 2 Bedroom Apartments | $2,369 | $1,300 | $4,209 |
| Downtown Covington 3 Bedroom Apartments | $1,650 | $1,650 | $1,650 |
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 10 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
- ZIP codes
- 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 $1,158. Duveneck Square has the second lowest priced unit, which is a Studio apartment currently listed from $1,435. 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 | $1,158 |
| Duveneck Square | Pike | Studio,1BA | $1,435 |
| Riverhaus | A1 | 1BR,1BA | $1,444 |
Best Value Apartments for Rent in Downtown Covington, KY
As of March 10, 2026 the best value apartment in the Downtown Covington area is the $1.67 price per square foot 230 W 6th St Model at 230 W 6th St, Unit 230 W. 6th #2 in the in the Lower Price Hill neighborhood starting from $3,500. The second greatest value Downtown Covington apartment is the The Monroe Model at Roebling Row starting at $2,306 with a $1.66 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. |
|---|---|---|---|
| 230 W 6th St, Unit 230 W. 6th #2 | 230 W 6th St | 3BR,2BA | $1.67 |
| Roebling Row | The Monroe | 2BR,2BA | $1.66 |
| Madison Place Apartments | The Benton | 1BR,1.5BA | $2.38 |
| Seminary Square Lofts | Deacon | 2BR,1BA | $1.65 |
| JRG Lofts | Bellevue | 2BR,2BA | $2.82 |
| 422 Watkins St | 422 Watkins St | 2BR,1BA | $1.50 |
| Flats on the Row | 2 Bed | 1.5 Bath | 2BR,1.5BA | $1.81 |
| 1109 Russell St, Unit 1 | 1109 Russell St | 1BR,1BA | $1.28 |
| Duveneck Square | Pike | Studio ,1BA | $2.29 |
| 103 E 3rd St. - The Hayden | 1BR/1.0BA | 1BR,1BA | $2.82 |
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 Article
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.
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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Let everyone know!
Do you know the Downtown Covington area?
If you’re an expert on all things Downtown Covington, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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
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 $1,158 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 $1,468 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
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.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.