804 Main St
CovingtonKY41011
Cheap Homes for Rent in Downtown Covington Neighborhood of Covington, KY from $1,700 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Covington area of Covington.
229 Riverside Dr
CovingtonKY41011
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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$1,799Studio Apartments Available Now
Furnished Studio-Cincinnati - Covington
650 W 3rd StCovington, KY 41011
817 Perry St
CovingtonKY41011
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.
1 Roebling Wy
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 | $2,950 | $1,700 | $5,300 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 5 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
- Nearby Covington neighborhoods
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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 $1,092. JRG Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $1,475. 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 | $1,092 |
| JRG Lofts | Avalon | Studio,1BA | $1,475 |
| The Amos | **NO VACANCY** | 1BR,1BA | $1,730 |
Best Value Apartments for Rent in Downtown Covington, KY
As of June 08, 2026 the best value apartment in the Downtown Covington area is the $1.34 price per square foot **NO VACANCY** Model at The Amos in the in the Riverfront neighborhood starting from $1,730. The second greatest value Downtown Covington apartment is the 2BR/2.5BA Model at 103 E 3rd St. - The Hayden starting at $3,250 with a $2.52 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. |
|---|---|---|---|
| The Amos | **NO VACANCY** | 1BR,1BA | $1.34 |
| 103 E 3rd St. - The Hayden | 2BR/2.5BA | 2BR,2.5BA | $2.52 |
| 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 | $1.62 |
| RiverHaus | A6 | 1BR,1BA | $2.19 |
| 211 Covington Ave, Unit Cov Ave #1 | 211 Covington Ave | 1BR,1BA | $1.27 |
| JRG Lofts | Avalon | Studio ,1BA | $3.27 |
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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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.
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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 115 Apartments for Rent in Downtown Covington, KY with pricing that ranges from $875 to $3,099. There are also 5 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Covington ranging from $1,700 to $5,300.
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 $1,700 to $5,300 with an average monthly rent of $2,372.
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
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.