Cheap Homes for Rent in Covington, KY from $600 (34 Rentals)

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

property at 112 E 5th St

$1,000

Studio Rentals

Available Aug 1

112 E 5th St

CovingtonKY41011

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property at 2308 W Clifton Ave

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1.5 Bath Home for Rent

Available Aug 7

2308 W Clifton Ave

CincinnatiOH45219

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property at 22 Woodland Hills Dr

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

2 Bedroom, 2 Bath Condo for Rent

Available Sep 1

22 Woodland Hills Dr, Unit 1

22 Woodland Hills Dr
SouthgateKY41071

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Covington, KY Local Guide

Cheapest Neighborhoods for Apartments in Covington, KY

Pricing Updated: 07/26/2026

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
Kenton County$1,850$745438
Downtown Covington$2,395$76515

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. 2162 Stratford Ave in the Queensgate neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Covington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Arts Apartments at Music Hall1 Bedroom1BR,1BA$630
2162 Stratford AveOne Bedroom1BR,1BA$700
Bellevue House ApartmentsStudioStudio,1BA$825
Chateau 932-9381BR/1.0BA1BR,1BA$850
Barkley Ridge Apartments1 Bedroom 1 Bath B1BR,1BA$890
Chateau 9441BR/1.0BA1BR,1BA$895
139 East Clifton Ave0 Bedroom 1 Bath - 67618Studio,1BA$895
1531 Elm StSTUDIOStudio,1BA$899

Best Value Apartments for Rent in Covington, KY

As of July 26, 2026 the best value apartment in the Covington area is the $1.30 price per square foot E Model at Harrison Terminal Lofts in the in the Queensgate neighborhood starting from $2,290. The second greatest value Covington apartment is the 701 Edgecliff St Model at 701 Edgecliff St, Unit 2.0 starting at $1,600 with a $0.95 price per square foot in the Kenton County 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 LoftsE2BR,2BA$1.30
701 Edgecliff St, Unit 2.0701 Edgecliff St2BR,1BA$0.95
969 Hatch St, Unit 969 12969 Hatch St2BR,1BA$1.20
802 Willard St, Unit Unit 2 upstairs802 Willard St2BR,1.5BA$1.15
Grandview Summit ApartmentsLesina2BR,2BA$1.22
The Arthur Historic Apartments1BR1BR,1BA$1.09
107 Valencia St, Unit 107 Valencia Apt 1107 Valencia StStudio ,1BA$0.68
416 W Martin Luther King Jr Blvd, Unit 3416 W Martin Luther King Jr Blvd1BR,1BA$1.26
Chateau 932-9381BR/1.0BA1BR,1BA$1.21
Chateau 9441BR/1.0BA1BR,1BA$1.28

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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 1548 Apartments for Rent in Covington, KY with pricing that ranges from $700 to $30,208. There are also 187 Single Family Homes for rent, Condos, and Townhome rentals currently available in Covington ranging from $650 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 $650 to $12,500 with an average monthly rent of $2,057.

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 $1,150 to $9,655, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,295 to $12,500. Four Bedroom Single-Family rentals are also available starting from $1,425 and Four Bedroom Apartments start at $1,600.

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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