Cheap Apartments for Rent in Covington, LA from $400 (47 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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Jefferson Place
1 to 2 Bedroom Apartments

Jefferson Place

518 S Jefferson AveCovington, LA 70433
  • Utilities Included
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The Linden
Studio to 2 Bedroom Apartments

The Linden

140 Holiday BlvdCovington, LA 70433
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Reagan Crossing
1 to 3 Bedroom Apartments

Reagan Crossing

1016 Ronald Reagan HwyCovington, LA 70433
property at 19506 K Sharp Ln

$1,100

Total Monthly Price

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$1,100

Total Monthly Price
$1,100

1 Bedroom, 1 Bath Home for Rent

Available Now

19506 K Sharp Ln

CovingtonLA70435
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Brookstone Park
1 to 3 Bedroom Apartments

Brookstone Park

1842 Ochsner BlvdCovington, 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.

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.

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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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

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.

Covington, LA Local Guide

Cheapest Neighborhoods for Apartments in Covington, LA

Pricing Updated: 04/27/2026

Current apartment rentals in the Covington, LA area range in price from $468 to $3,960 with an overall median price of $1,645. The three Covington neighborhoods with the lowest median rent pricing are North Covington at $777, Tyler at $468, and Clairborne Hill at $468. 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$7776
Tyler$1,568$46827
Clairborne Hill$1,638$46831
Old Covington$1,687$46846
New Covington$1,694$46840
Barkley Park$1,714$77715
River Forest$1,714$77712

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. College Town Apartments in the Livingston Parish neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Covington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Providence ClubStudioStudio,1BA$575
College Town ApartmentsOne Bedroom One Bath1BR,1BA$750
Parkside GardensOaks1BR,1BA$800
Beaumonde Apartments1 Bedroom1BR,1BA$800
St. TropezTwo Bed 1 Bath2BR,1BA$900
Azalea Park2 Bed Room2BR,2BA$900
13281 RJ DriveTwo Bedroom2BR,2BA$995
University Crossing2 Bed 2 Bath2BR,2BA$1,000
The FairlaneS1Studio,1BA$1,005
The LindenS1Studio,1BA$1,025

Best Value Apartments for Rent in Covington, LA

As of April 27, 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 Robin Model at Ibis Trail starting at $1,282 with a $1.11 price per square foot in the Clairborne Hill 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
Ibis TrailRobin3BR,2BA$1.11
Reagan CrossingTwo-Bedroom2BR,2BA$1.08
University Crossing2 Bed 2 Bath2BR,2BA$0.91
Creekwood Townhomes2 Bedroom Townhome2BR,1.5BA$1.08
Beaumonde Apartments2 Bedroom2BR,2BA$0.95
13281 RJ DriveTwo Bedroom2BR,2BA$1.00
St. TropezTwo Bed 2 Bath2BR,2BA$1.12
Azalea Park2 Bed Room2BR,2BA$1.07
Pelican Park ApartmentsTwo Bedroom Two Bath2BR,2BA$0.95

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

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Frequently Asked Questions about Cheap Covington Apartments

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 $1,645.

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 $810 which is $835 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

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

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.

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.