
Cheap Apartments for Rent in Covington, OH from $500 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in Covington.


HUNTERS OAK APARTMENTS

Terrace Creek

Carriage House Apartments
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.

Pleasantwood Apartments & Townhomes

Shiloh Gardens Independent Living

Timberlake Apartments

Stoneridge Apartments

McKaig Court Apartments

Liberty Commons 62 or Older or Disabled
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

SYCAMORE CREEK APARTMENTS

Englewood Villas & Residences

Willowood Apartments

Wingate at Belle Meadows Apartments

Trotwood Commons
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

4531 St Johns Ave

510 N College St

436 Wood St

7837 N Main St
Navigating 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.

4331 Powell Rd
Covington, OH Local Guide

How much does it cost to rent an apartment in Covington?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Covington Studio Apartments | $925 | $775 | $1,075 |
Covington 1 Bedroom Apartments | $1,076 | $650 | $1,778 |
Covington 2 Bedroom Apartments | $1,414 | $670 | $2,837 |
Covington 3 Bedroom Apartments | $1,482 | $790 | $2,224 |
Browse Top Apartments in Covington
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Covington, OH Local Guide
- Nearby Cities
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Cheapest Available Covington Apartments for Rent and Nearby
 The cheapest available apartment rental in Covington, OH is a Studio unit found at Pleasantwood Apartments & Townhomes in the Outer Northeast neighborhood priced from $775. Shiloh Gardens Independent Living in the Outer Northeast neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $779. Here is today’s list of the most affordable Covington apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Pleasantwood Apartments & Townhomes | Studio | Studio,1BA | $775 |
Shiloh Gardens Independent Living | 1 Bedroom | 1BR,1BA | $779 |
Timberlake Apartments | Augustine | 2BR,1BA | $782 |
McKaig Court Apartments | Apartment1 | 1BR,1BA | $800 |
Liberty Commons 62 or Older or Disabled | Liberty Commons | 1BR,1BA | $830 |
Salem Woods | The Bell | 1BR,1BA | $839 |
Englewood Villas & Residences | One Bedroom | 1BR,1BA | $850 |
Belle Meadows | 1x1 720 | 1BR,1BA | $875 |
Willowood Apartments | One Bed One Bath (Renovated) | 1BR,1BA | $879 |
Stoneridge Apartments | 2 Bed 1 BathStoneridge Apartments | 2BR,1BA | $890 |
Best Value Apartments for Rent in Covington, OH and Nearby
As of June 20, 2025 the best value apartment in the Covington area is the $1.15 price per square foot Renovated Two Bedroom/Two Bath Model at Garden Woods Apartments in the in the James M. Cox Dayton International Airport neighborhood starting from $1,200. The second greatest value Covington apartment is the Three Bedroom Townhouse Model at Traditions Apartments starting at $1,200 with a $1.16 price per square foot in the Stanfield Place neighborhood. 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. |
---|---|---|---|
Garden Woods Apartments | Renovated Two Bedroom/Two Bath | 2BR,2BA | $1.15 |
Traditions Apartments | Three Bedroom Townhouse | 3BR,2.5BA | $1.16 |
Bloomfield Apartments | The Montia Renovated | 2BR,1BA | $1.30 |
Stoneridge Apartments | 2 Bed 1 BathStoneridge Apartments | 2BR,1BA | $1.01 |
Timberlake Apartments | Augustine | 2BR,1BA | $0.92 |
Shadowood Luxury Apartments | 2 Bedroom w/Hookups | 2BR,1BA | $1.37 |
Salem Woods | The Kent | 2BR,1.5BA | $1.34 |
McKaig Court Apartments | Apartment2 | 2BR,1BA | $1.17 |
Trotwood Commons | One Bedroom Garden | 1BR,1BA | $1.19 |
Belle Meadows | 1x1 720 | 1BR,1BA | $1.22 |
Quick Rent Budget Calculator
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Best Local Schools in Covington, OH
Covington High School
Covington Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Covington, OH
Getting Around Covington, OH
Walk Score®
28 / 100
Car-Dependent
Most errands require a car
Bike Score®
37 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $779 at Shiloh Gardens Independent Living.
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 $782 at Timberlake Apartments.
What is the most affordable Covington Three Bedroom Apartment?
The best deal on a cheap Covington Three Bedroom Apartment rental is at Englewood Villas & Residences and starts from $1,175.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.