
Cheap Homes for Rent in Covington, KY from $600 (21 Rentals)
Search the lowest-cost Homes available for rent right now in Covington.


212 Washington Ave

316 Klotter Ave

517 E 17th St

2128 St Michael St

201 Emming St

933-937 Highland Ave

3715 Park Ave

920 Washington Ave

107 W Elder St

816 Montague Rd

649 Halsey Ave

660 State St

945 John St

2630 Crisnic Ct

2014 Colerain Ave

3179 River Rd, Unit 2
Covington, KY Local Guide

How much does it cost to rent a home in Covington?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Covington 2 Bedroom Homes for Rent | $1,983 | $1,235 | $5,750 |
Covington 3 Bedroom Homes for Rent | $2,289 | $1,300 | $8,500 |
Covington 4 Bedroom Homes for Rent | $1,903 | $650 | $2,600 |
Covington 5 Bedroom Homes for Rent | $2,465 | $750 | $3,300 |
Browse Top Homes for Rent in Covington
Explore Covington
Covington, KY Local Guide
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Cheapest Neighborhoods for Apartments in Covington, KY
Pricing Updated: 08/03/2025Current apartment rentals in the Covington, KY area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Covington Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Downtown Covington | $2,400 | $855 | 15 |
Kenton County | $7,820 | $650 | 336 |
Cheapest Available Covington Apartments for Rent
 The cheapest available apartment rental in Covington, KY is a 1 Bed unit found at The Arts Apartments at Music Hall in the Queensgate neighborhood priced from $630. Clifton View in the Queensgate neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $745. Here is today’s list of the most affordable Covington apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Arts Apartments at Music Hall | 1 Bedroom | 1BR,1BA | $630 |
Clifton View | 1 Bedroom 1 Bathroom | 1BR,1BA | $745 |
Running Creek | 1 Bedroom | 1BR,1BA | $870 |
Bellevue House Apartments | Studio | Studio,1BA | $895 |
Mercer Commons Apartments | 1 Bedroom Tax Credit*** | 1BR,1BA | $944 |
Best Value Apartments for Rent in Covington, KY
As of August 03, 2025 the best value apartment in the Covington area is the $1.17 price per square foot 133 Parker St Model at 133 Parker St, Unit Parker #2 in the in the Queensgate neighborhood starting from $2,100. The second greatest value Covington apartment is the 1399 Sleepy Hollow Rd Model at 1399 Sleepy Hollow Rd, Unit 1 Right Side starting at $1,995 with a $1.25 price per square foot in the Sedamsville neighborhood. Here is today’s list of the best values for Covington apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
133 Parker St, Unit Parker #2 | 133 Parker St | 3BR,2BA | $1.17 |
1399 Sleepy Hollow Rd, Unit 1 Right Side | 1399 Sleepy Hollow Rd | 3BR,2BA | $1.25 |
1922 Bigelow St, Unit Apt 2 | 1922 Bigelow St | 2BR,1BA | $1.14 |
619 Western Ave, Unit 2 | 619 Western Ave | 1BR,1BA | $0.83 |
Grandview Summit Apartments | Andria | 2BR,2BA | $1.23 |
2116 Ravine St, Unit 1 | 2116 Ravine St | 1BR,1BA | $0.83 |
214 E 8th St, Unit Historic Covington 1 BR | 214 E 8th St | 1BR,1BA | $1.20 |
2232 Ravine St, Unit 1 | 2232 Ravine St | 1BR,1BA | $1.15 |
Running Creek | 1 Bedroom | 1BR,1BA | $1.24 |
The Arts Apartments at Music Hall | 1 Bedroom | 1BR,1BA | $1.07 |
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Frequently Asked Questions about Covington
What type of rentals are currently available in Covington?
There are currently 1514 Apartments for Rent in Covington, KY with pricing that ranges from $795 to $25,000. There are also 214 Single Family Homes for rent, Condos, and Townhome rentals currently available in Covington ranging from $650 to $8,500.
What is the current price range for Rental Homes in Covington?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Covington ranges from $650 to $8,500 with an average monthly rent of $1,762.
How much are larger Three and Four Bedroom Rentals in Covington?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Covington range from $1,195 to $18,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $8,500. Four Bedroom Single-Family rentals are also available starting from $650 and Four Bedroom Apartments start at $1,750.
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 10 Best Affordable Neighborhoods in Cincinnati, OH
Written by: Joey Hoelscher
Cincinnati is a unique Midwest city thanks to its riverfront downtown core, unique terrain, and a surprising amount of 1800s urban architecture not commonly seen west of the East Coast.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.