Cheap Homes for Rent in Covington, KY from $600 (62 Rentals)

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

property at 2231 Victor St

$650 - $2,400

1 To 4 Bedroom Rentals

Available Now

2231 Victor St

CincinnatiOH45219
property at 122 Maple Ave

$1,000

3 Bedroom, 1 Bath Home for Rent

Available Now

122 Maple Ave

SouthgateKY41071

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.

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property at 1607 Main St

$1,050 - $1,600

1 Bedroom Rentals

Available Now

1607 Main St

CincinnatiOH45202

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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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.

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Showing Results 1-50, Page 1 of 2

Covington, KY Local Guide

Cheapest Neighborhoods for Apartments in Covington, KY

Pricing Updated: 12/19/2025

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Covington$1,969$89539
Kenton County$5,686$650670

Cheapest Available Covington Apartments for Rent

 

The cheapest available apartment rental in Covington, KY is a 1 Bed unit found at 2162 Stratford Ave in the Queensgate neighborhood priced from $700. Residences at Courtyard Crossings II in the Freedom Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $730. Here is today’s list of the most affordable Covington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
2162 Stratford AveOne Bedroom1BR,1BA$700
Residences at Courtyard Crossings IIOne Bedroom1BR,1BA$730
The Arts Apartments at Music Hall2 Bedrooms2BR,1BA$730
1807 Madison Avenue2BR/1.0BA2BR,1BA$750
2215 Ohio Ave1 Room 1 Bath StudioStudio,1BA$795
Ohio 2215-2217-22191 Room 1 Bath StudioStudio,1BA$795
Bellevue House ApartmentsStudioStudio,1BA$825
Clifton View1 Bedroom 1 Bathroom1BR,1BA$845

Best Value Apartments for Rent in Covington, KY

As of December 19, 2025 the best value apartment in the Covington area is the $1.00 price per square foot 3 Bed 2.5 Bath Model at Harrison Terminal Lofts in the in the Queensgate neighborhood starting from $4,500. The second greatest value Covington apartment is the 422 Clark St Model at 422 Clark St, Unit 3 starting at $2,295 with a $0.88 price per square foot in the Queensgate 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.
Harrison Terminal Lofts3 Bed 2.5 Bath3BR,2.5BA$1.00
422 Clark St, Unit 3422 Clark St3BR,2.5BA$0.88
2148 Auburn Ave, Unit 42148 Auburn Ave3BR,1BA$0.97
2116 Ravine St, Unit 12116 Ravine St2BR,1BA$0.86
The Arthur Historic Apartments!1BR1BR,1BA$1.09
2215 Ohio Ave1 Bedroom 1 Bathroom1BR,1BA$1.08
Ohio 2215-2217-22191 Bedroom 1 Bathroom1BR,1BA$1.08
319 W 9th St, Unit 1319 W 9th StStudio ,1BA$1.06
The Arts Apartments at Music Hall2 Bedrooms2BR,1BA$1.06
Residences at Courtyard Crossings IIOne Bedroom1BR,1BA$1.11

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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.

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Best Local Schools in
Covington, KY

School data provided by Great Schools

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

Explore Covington, KY Rentals by Map

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See the most popular apartments and homes in Covington, KY

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Frequently Asked Questions about Covington

What type of rentals are currently available in Covington?

There are currently 1574 Apartments for Rent in Covington, KY with pricing that ranges from $700 to $25,635. There are also 211 Single Family Homes for rent, Condos, and Townhome rentals currently available in Covington ranging from $650 to $7,900.

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 $7,900 with an average monthly rent of $2,299.

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 $1,395 to $9,294, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $7,900. Four Bedroom Single-Family rentals are also available starting from $1,395 and Four Bedroom Apartments start at $1,350.

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

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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!