
Cheap Homes for Rent near Covington, MI from $825 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Covington.


308 Lake St, Unit Apt 2

11801 Black River Rd
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.

400 Fairbanks St

210 N 15th St

701 Grove St
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.

8 Co Rd JPB
Covington, MI Local Guide

How much does it cost to rent a home in Covington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Covington 2 Bedroom Homes for Rent | $1,137 | $900 | $1,325 |
| Covington 3 Bedroom Homes for Rent | $2,002 | $900 | $3,000 |
| Covington 4 Bedroom Homes for Rent | $2,780 | $1,800 | $4,200 |
| Covington 5 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
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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 2 Beds unit found at Greenwood Apartments priced from $200. Black Rock Crossing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $314. Here is today’s list of the most affordable Covington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Greenwood Apartments | 2 bed | 2BR,1BA | $200 |
| Black Rock Crossing | 1x1 | 1BR,1BA | $314 |
| One Penny Place Senior Apartments | Two Bedrooms One Bathroom | 2BR,1BA | $600 |
Best Value Apartments for Rent in Covington, MI and Nearby
As of September 11, 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 $999 with a $0.74 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 | $0.93 |
| Woods Hollow | 3x1.5TH | 3BR,1.5BA | $0.74 |
| Eagle Trails Estates | 2 Bedroom 2 Bathroom - Lower | 2BR,2BA | $1.40 |
| 710 Chippewa Sq | 2BR | 2BR,1BA | $1.56 |
| Pinewood Estates | 2 Bedroom 1 Bath | 2BR,1BA | $0.99 |
| 312-326 Commando St | 2/1 | 2BR,1BA | $0.90 |
| One Penny Place Senior Apartments | One Bedroom One Bathroom | 1BR,1BA | $0.98 |
| Morgan Oaks Townhomes | 9894 | 2BR,1BA | $1.48 |
| Greenwood Apartments | 2 bed | 2BR,1BA | $0.29 |
| Black Rock Crossing | 1x1 | 1BR,1BA | $0.47 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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!
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See the most popular apartments and homes in Covington, MI
Frequently Asked Questions about Covington
What type of rentals are currently available in Covington?
There are currently 50 Apartments for Rent in Covington, MI with pricing that ranges from $600 to $3,000. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Covington ranging from $825 to $4,200.
What is the current price range for Rental Homes in Covington?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Covington ranges from $825 to $4,200 with an average monthly rent of $2,159.
How much are larger Three and Four Bedroom Rentals in Covington?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Covington range from $1,035 to $2,595, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $3,000.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.