Cheap Apartments for Rent in the New Covington Neighborhood of Covington, LA from $400 (5 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

close
View Me
Jefferson Place
1 to 2 Bedroom Apartments

Jefferson Place

518 S Jefferson AveCovington, LA 70433
  • Utilities Included

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.

close
View Me
Reagan Crossing
1 to 3 Bedroom Apartments

Reagan Crossing

1016 Ronald Reagan HwyCovington, LA 70433

New Covington, Covington, LA Local Guide

Cheapest Available New Covington Apartments for Rent

 

The cheapest available apartment rental in the New Covington area of Covington, LA is a 1 Bed unit found at Reagan Crossing priced from $945. Retreat at River Chase Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,047. Here are the most affordable New Covington apartments for rent in Covington, LA:

Apartment ListingModel NameBed/BathPriced From
Reagan CrossingOne-Bedroom1BR,1BA$945
Retreat at River Chase ApartmentsGrand Overlook StudioStudio,1BA$1,047
Pine Crest Apartments2BR2B- 60%Pine Crest Apartments2BR,2BA$1,160

Best Value Apartments for Rent in New Covington, LA

As of October 21, 2025 the best value apartment in the New Covington area is the $1.26 price per square foot Abita Model at Abita View Apartment Homes in the in the Clairborne Hill neighborhood starting from $1,385. The second greatest value New Covington apartment is the 2BR2B- 60%Pine Crest Apartments Model at Pine Crest Apartments starting at $1,160 with a $1.21 price per square foot in the Clairborne Hill neighborhood. Here is today’s list of the best values for New Covington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Abita View Apartment HomesAbita2BR,2BA$1.26
Pine Crest Apartments2BR2B- 60%Pine Crest Apartments2BR,2BA$1.21
Palmetto GreensB12BR,2BA$1.58
Elan at Terra BellaD1BR,1BA$2.24
Reagan CrossingOne-Bedroom1BR,1BA$1.19
The CollinsRamsay LG1BR,1BA$2.44
Ibis TrailPelican1BR,1BA$1.55
The Green at NorthparkA21BR,1BA$1.88
Retreat at River Chase ApartmentsGrand Overlook StudioStudio ,1BA$1.59

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
New Covington, Covington, LA

Ranked #2

Among cities in Louisiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Getting Around the New Covington Neighborhood in Covington, LA

Walk Score®

65 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

59 / 100

Bikeable

Some bike infrastructure

Frequently Asked Questions about Cheap New Covington Apartments

What is the price of a cheap apartment in New Covington?

The cheapest apartment in New Covington is Reagan Crossing which is listed at $945, while the average apartment in New Covington costs $1,776.

What types of apartments are the cheapest in New 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 3 regular apartments in New 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 New Covington?

Cheap apartments in New Covington have an average cost of $859 which is $917 cheaper than the average rent for all rentals in New Covington.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.