Cheap Apartments for Rent in Covington, LA from $500 (55 Rentals)

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Search the lowest-cost Apartments available for rent right now in 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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The Green at Northpark
Rent Specials
$1,401 - $2,739
Total Monthly Price

Total Monthly Price

Base Rent
$1,401 - $2,739
Total Monthly Price
$1,401 - $2,739
1 to 2 Bedroom Apartments Available Now

The Green at Northpark

2021 Sullivan LnCovington, LA 70433
Family Friendly
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Jefferson Place
1 to 2 Bedroom Apartments

Jefferson Place

518 S Jefferson AveCovington, LA 70433
  • Utilities Included
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Reagan Crossing
1 to 3 Bedroom Apartments

Reagan Crossing

1016 Ronald Reagan HwyCovington, LA 70433
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Brookstone Park
1 to 3 Bedroom Apartments

Brookstone Park

1842 Ochsner BlvdCovington, LA 70433
Corporate Housing
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Artesia
1 to 2 Bedroom Apartments

Artesia

8382 Westshore DrCovington, LA 70433
Corporate Housing

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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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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Phoenix Square
3 to 4 Bedroom Apartments

Phoenix Square

45530 Durbin RdHammond, LA 70401
  • Utilities Included
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Heatherwood
1 Bedroom Apartments

Heatherwood

46588 Heatherwood DrHammond, LA 70401
  • Utilities Included

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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Covington, LA Local Guide

Cheapest Neighborhoods for Apartments in Covington, LA

Pricing Updated: 06/12/2026

Current apartment rentals in the Covington, LA area range in price from $521 to $3,557 with an overall median price of $1,705. The three Covington neighborhoods with the lowest median rent pricing are North Covington at $777, Tyler at $521, and Clairborne Hill at $521. Here is today’s list of the top 7 neighborhoods with the lowest median pricing for Covington Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
North Covington$1,501$7773
Tyler$1,541$52145
Clairborne Hill$1,717$52152
Old Covington$1,755$52163
New Covington$1,760$52160
Barkley Park$1,808$77711
River Forest$1,853$77711

Cheapest Available Covington Apartments for Rent

 

The cheapest available apartment rental in Covington, LA is a Studio unit found at Providence Club in the Livingston Parish neighborhood priced from $575. Parkside Gardens in the Livingston Parish neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Covington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Providence ClubStudioStudio,1BA$575
Parkside GardensOaks1BR,1BA$800
Beaumonde Apartments1 Bedroom1BR,1BA$800
College Town ApartmentsTwo Bedroom One Bath2BR,1BA$830
Windrush Trace Apartments2 bedroom2BR,1BA$900
St. TropezTwo Bed 1 Bath2BR,1BA$900
Azalea Park2 Bed Room2BR,2BA$900
The FairlaneS1Studio,1BA$980
13281 RJ DriveTwo Bedroom2BR,2BA$995
The LindenS1Studio,1BA$999

Best Value Apartments for Rent in Covington, LA

As of June 12, 2026 the best value apartment in the Covington area is the $1.00 price per square foot 3X2 TH Model at Tangi Lakes in the in the Livingston Parish neighborhood starting from $1,499. The second greatest value Covington apartment is the C1 Model at Stone Creek Apartments starting at $1,350 with a $1.07 price per square foot in the Livingston Parish 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.
Tangi Lakes3X2 TH3BR,2.5BA$1.00
Stone Creek ApartmentsC13BR,2BA$1.07
University Crossing2 Bed 2 Bath2BR,2BA$0.91
Beaumonde Apartments2 Bedroom2BR,2BA$0.95
13281 RJ DriveTwo Bedroom2BR,2BA$1.00
Windrush Trace Apartments2 bedroom2BR,1.5BA$1.05
St. TropezTwo Bed 2 Bath2BR,2BA$1.12
Azalea Park2 Bed Room2BR,2BA$1.07
Pelican Park ApartmentsTwo Bedroom Two Bath2BR,2BA$0.95
College Town ApartmentsTwo Bedroom One Bath2BR,1BA$1.03

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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Covington, LA

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

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Frequently Asked Questions about Cheap Covington Apartments

What is a cheap apartment in Covington?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Covington is under $999.

What is the price of a cheap apartment in Covington?

The cheapest apartment in Covington is Providence Club which is listed at $625, while the average apartment in Covington costs $1,705.

What types of apartments are the cheapest in Covington?

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 21 regular apartments in Covington 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 Covington?

Cheap apartments in Covington have an average cost of $831 which is $874 cheaper than the average rent for all rentals in Covington.

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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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.

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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.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.