112 E 5th St
CovingtonKY41011
Cheap Homes for Rent in the Downtown Covington Neighborhood of Covington, KY from $1,000 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Covington area of Covington.
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
313 E 11th St
CovingtonKY41011
Rent According to Income: A Look at Income-Restricted Rentals
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711 Philadelphia St
CovingtonKY41011
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Downtown Covington, Covington, KY Local Guide
How much does it cost to rent a home in Downtown Covington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Covington 2 Bedroom Homes for Rent | $2,997 | $2,495 | $3,500 |
| Downtown Covington 3 Bedroom Homes for Rent | $2,282 | $2,265 | $2,300 |
Browse Homes for Rent in this Neighborhood
There are currently 3 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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Best Value Apartments for Rent in Downtown Covington, KY
As of July 24, 2026 the best value apartment in the Downtown Covington area is the $1.70 price per square foot The Madison Model at Roebling Row in the in the Riverfront neighborhood starting from $2,299. The second greatest value Downtown Covington apartment is the 802 Willard St Model at 802 Willard St, Unit 2 upstairs starting at $1,500 with a $1.15 price per square foot in the Lower Price Hill 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. |
|---|---|---|---|
| Roebling Row | The Madison | 2BR,2BA | $1.70 |
| 802 Willard St, Unit 2 upstairs | 802 Willard St | 2BR,1.5BA | $1.15 |
| The Amos | **NO VACANCY** | 1BR,1BA | $1.34 |
| The Arthur Historic Apartments | 1BR | 1BR,1BA | $1.09 |
| Seminary Square Lofts | Bishop | 2BR,2BA | $1.60 |
| 416 W Martin Luther King Jr Blvd, Unit 3 | 416 W Martin Luther King Jr Blvd | 1BR,1BA | $1.26 |
| 300 Pike St, Unit 3rd floor pike street | 300 Pike St | 1BR,1BA | $1.98 |
| 631 Bakewell St, Unit 631 Bakewell Apt #1 | 631 Bakewell St | 2BR,1BA | $2.06 |
| Duveneck Square | Washington | 1BR,1BA | $1.95 |
| Flats on the Row | 2 Bed | 1.5 Bath | 2BR,1.5BA | $1.61 |
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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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
Frequently Asked Questions about Downtown Covington
What type of rentals are currently available in Downtown Covington?
There are currently 111 Apartments for Rent in Downtown Covington, KY with pricing that ranges from $765 to $2,939. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Covington ranging from $1,000 to $3,500.
What is the current price range for Rental Homes in Downtown Covington?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Covington ranges from $1,000 to $3,500 with an average monthly rent of $1,869.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.