
Apartments for Rent in the Downtown Covington Neighborhood of Covington, KY Under $1,000 (4 Rentals)


809 Madison Ave
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.
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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 | $1,543 | $945 | $4,112 |
Downtown Covington 1 Bedroom Apartments | $1,761 | $1,053 | $2,750 |
Downtown Covington 2 Bedroom Apartments | $2,544 | $1,295 | $4,763 |
Downtown Covington 3 Bedroom Apartments | $3,772 | $2,400 | $5,145 |
Browse Apartments in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Downtown Covington Neighborhood of Covington, KY.
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Downtown Covington, Covington, KY Local Guide
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Quick 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.
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 Downtown Covington
How much are Studio apartments in Downtown Covington?
There are currently 38 Studio Apartments in Downtown Covington with rent ranges from $945 to $4,112 with an average price of $1,543.
What is the current price range for One Bedroom Downtown Covington Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Downtown Covington ranges from $1,053 to $2,750 with an average monthly rent of $1,761.
What does renting a Two Bedroom Apartment in Downtown Covington cost?
The monthly rent prices of Two Bedroom Apartments currently available in Downtown Covington range from $1,295 to $4,763. Today's average rental price for Two Bedrooms here is $2,544.
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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.