
Cheap Apartments for Rent in the New Covington Neighborhood of Covington, LA from $500 (2 Rentals)
Search the lowest-cost Apartments available for rent right now in the New Covington area of Covington.

Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Jefferson Place
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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New Covington, Covington, LA Local Guide

How much does it cost to rent an apartment in New Covington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Covington Studio Apartments | $1,100 | $950 | $1,613 |
| New Covington 1 Bedroom Apartments | $1,494 | $956 | $2,451 |
| New Covington 2 Bedroom Apartments | $1,842 | $1,152 | $2,843 |
| New Covington 3 Bedroom Apartments | $1,916 | $1,212 | $3,919 |
| New Covington 4 Bedroom Apartments | $1,541 | $1,501 | $1,581 |
Browse Apartments in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the New Covington Neighborhood of Covington, LA.
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New Covington, Covington, LA Local Guide
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Best Value Apartments for Rent in New Covington, LA
As of July 21, 2026 the best value apartment in the New Covington area is the $1.29 price per square foot Tchefuncte Model at Abita View Apartment Homes in the in the Clairborne Hill neighborhood starting from $1,752. The second greatest value New Covington apartment is the Grand Overlook Two Model at Retreat at River Chase Apartments starting at $1,666 with a $1.38 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Abita View Apartment Homes | Tchefuncte | 3BR,2BA | $1.29 |
| Retreat at River Chase Apartments | Grand Overlook Two | 2BR,2BA | $1.38 |
| Pine Crest Apartments | 2 Bedroom | 2BR,2BA | $1.30 |
| Artesia | 1A | 1BR,1BA | $1.51 |
| Reagan Crossing | One-Bedroom | 1BR,1BA | $1.45 |
| Ibis Trail | Pelican | 1BR,1BA | $1.67 |
| The Collins | Bedico L | 1BR,1BA | $1.78 |
| The Green at Northpark | A3 | 1BR,1BA | $1.93 |
| Brookstone Park | 1X1A | 1BR,1BA | $2.19 |
| The Linden | S1 | Studio ,1BA | $2.35 |
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 ArticleReal 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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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.
Pet Friendly LifestyleNew Covington, Covington, LA
Ranked #2
Among cities in Louisiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap New Covington Apartments
What is a cheap apartment in New Covington?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in New Covington is under $1,468.
What is the price of a cheap apartment in New Covington?
The cheapest apartment in New Covington is Reagan Crossing which is listed at $1,145, while the average apartment in New Covington costs $1,822.
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 $916 which is $906 cheaper than the average rent for all rentals in New 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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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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.

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.