
Cheap Apartments for Rent in Covington, MI from $400 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in Covington.


One Penny Place Senior Apartments

Silver Creek Mobile Home Estates

514 Quincy St

503 Jupiter St

Cedar Pointe Apartments

Gazette Apartments
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.

110 E Canda St

PELICAN RIVER ESTATES

Pinewood Estates

T Bird Country Apartments

DAVENPORT STREET ESTATES

Tourville Apartments

Black Rock Crossing
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.

131 Elm St, Unit 1

Greenwood Apartments

Copper Lantern

Birch Grove Mobile Homes

945 Woodward Ave

Anthony Street Apartments

517 1st Ave S
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.

416 Manitowish St

Edgewood Manor
Covington, MI Local Guide

How much does it cost to rent an apartment in Covington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Covington Studio Apartments | $1,873 | $1,700 | $2,150 |
| Covington 1 Bedroom Apartments | $1,778 | $471 | $2,600 |
| Covington 2 Bedroom Apartments | $1,600 | $563 | $2,800 |
| Covington 3 Bedroom Apartments | $1,387 | $619 | $2,795 |
| Covington 4 Bedroom Apartments | $3,000 | $3,000 | $3,000 |
Browse Top Apartments in Covington
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Covington, MI Local Guide
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Cheapest Available Covington Apartments for Rent and Nearby
 The cheapest available apartment rental in Covington, MI is a 1 Bed unit found at Greenwood Apartments priced from $200. Silver Creek Mobile Home Estates has the second lowest priced unit, which is a 2 Beds apartment currently listed from $600. Here is today’s list of the most affordable Covington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Greenwood Apartments | 1 bed | 1BR,1BA | $200 |
| Silver Creek Mobile Home Estates | 2 Beds, 1 bath | 2BR,1BA | $600 |
| Gazette Apartments | Large 1 Bed loft | 1BR,1BA | $850 |
| T Bird Country Apartments | Studio | 1BR,1BA | $900 |
| SCS Florence | Fulton 1 BR Upper | 1BR,1BA | $1,025 |
Best Value Apartments for Rent in Covington, MI and Nearby
As of June 12, 2026 the best value apartment in the Covington area is the $0.77 price per square foot Three Bedroom Model at Forest Edge in the starting from $1,112. The second greatest value Covington apartment is the 3x1.5TH Model at Woods Hollow starting at $1,150 with a $0.85 price per square foot . Here is today’s list of the best values for Covington apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Forest Edge | Three Bedroom | 3BR,2BA | $0.77 |
| Woods Hollow | 3x1.5TH | 3BR,1.5BA | $0.85 |
| HIDDEN VALLEY ESTATES | 2 Bed 2 Bath Upper Corner | 2BR,2BA | $1.15 |
| DRISCOLL ROAD ESTATES | 2 Bedroom 2 Bath Split | 2BR,2BA | $1.20 |
| Eagle Trails Estates | 2 Bedroom 2 Bathroom - Lower | 2BR,2BA | $1.40 |
| 710 Chippewa Sq | 2BR | 2BR,1BA | $1.56 |
| Morgan Oaks Townhomes | 9894 | 2BR,1BA | $1.48 |
| SCS Florence Apartment Community | Fulton 1 BR Upper | 1BR,1BA | $1.29 |
| Tourville Apartments | 906 Garfield 916 and 918 Cleveland | 1BR,1BA | $1.46 |
| Greenwood Apartments | 1 bed | 1BR,1BA | $0.33 |
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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Covington, MI Rentals by Map
See the most popular apartments and homes in Covington, MI
Frequently Asked Questions about Cheap Covington Apartments
How much is rent for a Cheap One Bedroom Covington Apartment?
The lowest price for a Cheap One Bedroom Covington Apartment is $200 at Greenwood Apartments.
What is the lowest price for a Cheap Two Bedroom Covington Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Covington is starting from $600 at Silver Creek Mobile Home Estates.
What is the most affordable Covington Three Bedroom Apartment?
The best deal on a cheap Covington Three Bedroom Apartment rental is at Forest Edge and starts from $1,112.
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

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.

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.

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.

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.