Cheap Apartments for Rent near Covington, MI from $400 (25 Rentals)

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

property at 503 Jupiter St

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750
Total Monthly Price
$750

3 Bedroom, 1.5 Bath Townhome for Rent

Available Now

503 Jupiter St

GwinnMI49841

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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Woods Hollow
1 to 3 Bedroom Apartments

Woods Hollow

9230 Independence WayWoodruff, WI 54568
  • Utilities Included
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Copper Lantern
1 to 3 Bedroom Apartments

Copper Lantern

302 S Sophie StBessemer, MI 49911
  • 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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945 Woodward Ave
2 Bedroom Apartments

945 Woodward Ave

945 Woodward AveKingsford, MI 49802
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Edgewood Manor
2 Bedroom Apartments

Edgewood Manor

9425 County JMinocqua, WI 54548
  • Utilities Included

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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Showing Results 1-25, Page 1 of 1

Covington, MI Local Guide

Cheapest Available Covington Apartments for Rent and Nearby

 

The cheapest available apartment rental in Covington, MI is a 2 Beds 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 ListingModel NameBed/BathPriced From
Greenwood Apartments2 bed2BR,1BA$200
Silver Creek Mobile Home Estates2 Beds, 1 bath2BR,1BA$600
T Bird Country ApartmentsStudio1BR,1BA$900
211 E High St2/12BR,1BA$995
Woods Hollow3x1.5TH3BR,1BA$1,150

Best Value Apartments for Rent in Covington, MI and Nearby

As of July 28, 2026 the best value apartment in the Covington area is the $0.93 price per square foot Three Bedroom Model at Forest Edge in the starting from $1,354. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Forest EdgeThree Bedroom3BR,2BA$0.93
Woods Hollow3x1.5TH3BR,1.5BA$0.85
TIMBER CAMP LUXURY APARTMENT HOMES2 BED 2 BATH LOWER2BR,2BA$1.68
Eagle Trails Estates2 Bedroom 2 Bathroom - Lower2BR,2BA$1.40
710 Chippewa Sq2BR2BR,1BA$1.56
Rolling Meadows ApartmentsUpper Level2BR,1BA$2.04
211 E High St2/12BR,1BA$1.05
Morgan Oaks Townhomes98942BR,1BA$1.48
Tourville Apartments1532 and 1534 W Ridge1BR,1BA$1.70
Greenwood Apartments1 bed1BR,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.

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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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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!

Explore Covington, MI Rentals by Map

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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 $200 at Greenwood Apartments.

What is the most affordable Covington Three Bedroom Apartment?

The best deal on a cheap Covington Three Bedroom Apartment rental is at Woods Hollow and starts from $1,150.

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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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.

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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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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.