Cheap Homes for Rent in Covington, KY from $575 (39 Rentals)

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Search the lowest-cost Homes available for rent right now in Covington.

property at 2457 Bella Rdg
$1,050

Total Monthly Price

Base Rent$1,050

Total Monthly Price$1,050
2 Bedroom, 2 Bath Condo for Rent
Available Now
Cost Per Sq.Ft.

2457 Bella Rdg, Unit Condo - Bella Ridge

2457 Bella Rdg
CovingtonKY41017
  • Smoke Free

Where To Live Near Cincinnati: A Local Guide to Surrounding Cities

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property at 1607 Main St
$1,050 - $1,100
Studio Rentals
Available Now
Furnished

1607 Main St

CincinnatiOH45202
property at 816 Montague Rd
$1,100
1 Bedroom Rentals
Available Sep 15
Affordability

816 Montague Rd

CovingtonKY41011

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property at 2741 Dakota Ave
$1,385

Total Monthly Price

Base Rent$1,385

Total Monthly Price$1,385
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

2741 Dakota Ave

CovingtonKY41015

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property at 2218 Eureka Ter
$1,450

Total Monthly Price

Base Rent$1,450

Total Monthly Price$1,450
2 Bedroom, 1.5 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

2218 Eureka Ter

CincinnatiOH45219
property at 337 Washington Ave
$1,500

Total Monthly Price

Base Rent$1,500

Total Monthly Price$1,500
1 Bedroom, 1 Bath Condo for Rent
Available Oct 1

337 Washington Ave, Unit 4

337 Washington Ave
NewportKY41071
  • Smoke Free

Where to Live in Cincinnati: Proximity-Based Neighborhood Rental Guide Near Major Employers

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property at 1150 Vine St
$1,550

Total Monthly Price

Base Rent$1,550

Total Monthly Price$1,550
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

1150 Vine St, Unit 24

1150 Vine St
CincinnatiOH45202
  • Smoke Free

Covington, KY Local Guide

Cheapest Neighborhoods for Apartments in Covington, KY

Pricing Updated: 09/09/2026

Current apartment rentals in the Covington, KY area range in price from $750 to $9,200 with an overall median price of $1,532. Here is today’s list neighborhoods with the lowest median pricing for Covington Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Kenton County$1,530$750456
Downtown Covington$1,560$76524

Cheapest Available Covington Apartments for Rent

 

The cheapest available apartment rental in Covington, KY is a 1 Bed unit found at 2317 Chickasaw St in the Clifton neighborhood priced from $650. The Arts Apartments at Music Hall in the Queensgate neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $730. Here is today’s list of the most affordable Covington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
2317 Chickasaw St1BR/2.0BA1BR,2BA$650
The Arts Apartments at Music Hall2 Bedrooms2BR,1BA$730
2309 Clifton Avenue1 Bedroom 1 Bathroom1BR,1BA$795
2162 Stratford AveOne Bedroom1BR,1BA$799
Bellevue House ApartmentsStudioStudio,1BA$825
139 East Clifton Ave0 Bedroom 1 Bath - 84021Studio,1BA$850
Chateau 9441BR/1.0BA1BR,1BA$895
Mercer Commons1 Bedroom - 50% Tax Credit1BR,1BA$944
56 East McMicken Avenue1BR/1.0BA1BR,1BA$950

Best Value Apartments for Rent in Covington, KY

As of September 09, 2026 the best value apartment in the Covington area is the $1.12 price per square foot 1332 Broadway St Model at 1332 Broadway St, Unit 1 in the in the Riverfront neighborhood starting from $3,349. The second greatest value Covington apartment is the 802 Philadelphia St Model at 802 Philadelphia St, Unit 2 starting at $1,800 with a $1.00 price per square foot in the Lower Price Hill neighborhood. Here is today’s list of the best values for Covington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1332 Broadway St, Unit 11332 Broadway St3BR,2.5BA$1.12
802 Philadelphia St, Unit 2802 Philadelphia St3BR,1BA$1.00
The Biltmore2 bedroom - 2 bath L2BR,2BA$0.92
2325 Ohio Ave, Unit 22325 Ohio Ave3BR,1BA$1.14
836 York St, Unit 836 York St836 York St2BR,1BA$1.09
601 Western Ave, Unit 2601 Western Ave2BR,1BA$1.07
The Arthur Historic Apartments1BR1BR,1BA$1.09
2115 Central Ave2115 Central Ave2BR,1BA$1.05
1029 Bank St1029 Bank StStudio ,1BA$0.73
2162 Stratford AveOne Bedroom1BR,1BA$1.14

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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Local Expert's Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Cincinnati

A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Cincinnati metro area for affordable living. Find your perfect Student apartment, condo, or rental home today at apartmenthomeliving.com

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Covington

What type of rentals are currently available in Covington?

There are currently 1563 Apartments for Rent in Covington, KY with pricing that ranges from $650 to $22,494. There are also 196 Single Family Homes for rent, Condos, and Townhome rentals currently available in Covington ranging from $575 to $12,500.

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 $575 to $12,500 with an average monthly rent of $2,084.

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 $1,095 to $9,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,095 to $12,500. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $1,575.

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.

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