Cheap Apartments for Rent in the Kenton County Neighborhood of Covington, KY from $400 (150 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Kenton County area of Covington.

property at 112 E 5th St

$1,000

Studio Rentals

Available Now

112 E 5th St

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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Highland Manor
1 Bedroom Apartments

Highland Manor

918-922 Highland AveCovington, KY 41011
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1807 Madison Ave
2 Bedroom Apartments

1807 Madison Ave

1807 Madison AveCovington, KY 41014
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522-524 Garrard St.
1 Bedroom Apartments

522-524 Garrard St.

522-524 Garrard StCovington, KY 41011
  • Utilities Included
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River's Edge
1 to 3 Bedroom Apartments

River's Edge

1028 Greenup StCovington, KY 41011
  • Utilities Included

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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Apartments on 10th
1 to 2 Bedroom Apartments

Apartments on 10th

10-12 W 10th StCovington, KY 41011

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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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 3

Kenton County, Covington, KY Local Guide

Cheapest Available Kenton County Apartments for Rent

 

The cheapest available apartment rental in the Kenton County area of Covington, KY is a 1 Bed unit found at The Manor priced from $800. Barkley Ridge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $885. Here are the most affordable Kenton County apartments for rent in Covington, KY:

Apartment ListingModel NameBed/BathPriced From
The ManorThe Manor1BR,1BA$800
Barkley Ridge Apartments1 Bedroom 1 Bath1BR,1BA$885
Walton Ridge Apartments2 Bedroom, 1 Bath Style A2BR,1BA$910
Oaks of Newport1 Bedroom 1 Bathroom1BR,1BA$925
Fourth & PlumStudio B1BR,1BA$950
Furlong Trails Apartments1 Bed / 1 Bath1BR,1BA$950
Normandy Green1 Bedrooms 1 Bathroom1BR,1BA$950
EdgarStudio A1BR,1BA$975

Best Value Apartments for Rent in Kenton County, KY

As of May 05, 2026 the best value apartment in the Kenton County area is the $1.01 price per square foot 2BR Model at The Arthur Historic Apartments! in the in the Northern Kentucky neighborhood starting from $1,560. The second greatest value Kenton County apartment is the Three Bedroom Model at Independence Oaks starting at $1,530 with a $1.13 price per square foot in the Freedom Park neighborhood. Here is today’s list of the best values for Kenton County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Arthur Historic Apartments!2BR2BR,1BA$1.01
Independence OaksThree Bedroom3BR,2BA$1.13
1130 River Hill Dr, Unit Devou unit 11130 River Hill Dr2BR,1BA$1.00
Towne Creek CrossingTwo Bedroom2BR,1.5BA$1.07
605 Greenup St, Unit 2605 Greenup St1BR,1BA$1.10
Lakeside LandingLaurel2BR,1.5BA$1.24
Walton Ridge Apartments2 Bedroom, 1 Bath Style A2BR,1BA$0.93
Crescent Ridge ApartmentsForsythia2BR,1BA$1.22
Haven Crossing2 Bedroom2BR,1BA$1.22
The ManorThe Manor1BR,1BA$1.07

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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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
Kenton County, Covington, KY

School data provided by Great Schools

Frequently Asked Questions about Cheap Kenton County Apartments

What is a cheap apartment in Kenton County?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Kenton County is under $975.

What is the price of a cheap apartment in Kenton County?

The cheapest apartment in Kenton County is The Manor which is listed at $800, while the average apartment in Kenton County costs $8,986.

What types of apartments are the cheapest in Kenton County?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 19 regular apartments in Kenton County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Kenton County?

Cheap apartments in Kenton County have an average cost of $152 which is $8,834 cheaper than the average rent for all rentals in Kenton County.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.