Cheap Apartments for Rent in the Kenton County Neighborhood of Covington, KY from $400 (145 Rentals)

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

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
property at 31 E Lakeside Ave

$755

Total Monthly Price

Total Monthly Price

Base Rent
$755
Total Monthly Price
$755

4 Bedroom, 2 Bath Home for Rent

Available Now

31 E Lakeside Ave

Lakeside ParkKY41017

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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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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property at 215 Elm St

$945

2 Bedroom Rentals

Available Now

215 Elm St

LudlowKY41016

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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 Studio unit found at Crescent Ridge Apartments priced from $750. The Manor has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here are the most affordable Kenton County apartments for rent in Covington, KY:

Apartment ListingModel NameBed/BathPriced From
Crescent Ridge ApartmentsAspenStudio,1BA$750
The ManorThe Manor1BR,1BA$800
Spacious Apartments in Delhi TwpFehr One Bedroom1BR,1BA$850
Devou Village2 Bedroom, 1 Bath - Sleepy Hollow 700SqFt2BR,1BA$890
Barkley Ridge Apartments1 Bedroom 1 Bath1BR,1BA$895
18 S Main St0 Beds, 1 BathsStudio,1BA$900
Oaks of Newport1 Bedroom 1 Bathroom1BR,1BA$925
Vista Pointe Apartments1 Bedroom 1 Bathroom1BR,1BA$929
Normandy Green1 Bedrooms 1 Bathroom1BR,1BA$950

Best Value Apartments for Rent in Kenton County, KY

As of June 19, 2026 the best value apartment in the Kenton County area is the $0.50 price per square foot 5920 Kellogg Ave Model at 5920 Kellogg Ave, Unit B in the in the California neighborhood starting from $1,250. The second greatest value Kenton County apartment is the 1BR Model at The Arthur - NEW starting at $1,195 with a $1.09 price per square foot in the Northern Kentucky 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.
5920 Kellogg Ave, Unit B5920 Kellogg Ave1BR,1BA$0.50
The Arthur - NEW1BR1BR,1BA$1.09
Independence OaksTwo Bedroom2BR,2BA$1.09
Mitchel's Park2 Bed 2 Bath2BR,2BA$1.23
319 W 10th St, Unit 1319 W 10th St2BR,1BA$1.26
Lakeside Landing ApartmentsKincaid1BR,1BA$1.27
The ManorThe Manor1BR,1BA$1.07
211 Covington Ave, Unit Cov Ave #1211 Covington Ave1BR,1BA$1.27
Devou Village2 Bedroom, 1 Bath - Sleepy Hollow 700SqFt2BR,1BA$1.27
535 Maple Ave, Unit Lower level535 Maple AveStudio ,1BA$1.18

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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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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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 $950.

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 $1,825.

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 30 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 $195 which is $1,630 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

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.