
Cheap Homes for Rent near Covington, OH from $675 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Covington.


519 1/2 Ann St

239 1/2 Broadway

424 S Miami Ave

502 Harrison St
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.

834 Sussex Pl

1531 Spruce Ave

710-712-712 S Mulberry St

518 New St

519 Ann 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.

317 Commercial St
Covington, OH 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 | $1,282 | $795 | $1,650 |
| Covington 3 Bedroom Homes for Rent | $1,628 | $900 | $2,200 |
| Covington 4 Bedroom Homes for Rent | $2,250 | $1,300 | $3,500 |
Browse Top Homes for Rent in Covington
Explore Covington
Covington, OH Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Covington Apartments for Rent and Nearby
 The cheapest available apartment rental in Covington, OH is a 1 Bed unit found at Shiloh Gardens Independent Living in the Outer Northeast neighborhood priced from $779. Timberlake Apartments in the Dayton International Airport neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $782. Here is today’s list of the most affordable Covington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Shiloh Gardens Independent Living | 1 Bedroom | 1BR,1BA | $779 |
| Timberlake Apartments | Augustine | 2BR,1BA | $782 |
| McKaig Court Apartments | 1 Bedroom | 1BR,1BA | $800 |
| The Flats of Troy LLC | 0BR/1.0BA | Studio,1BA | $825 |
| Liberty Commons 62 or Older or Disabled | Liberty Commons | 1BR,1BA | $830 |
Best Value Apartments for Rent in Covington, OH and Nearby
As of September 06, 2026 the best value apartment in the Covington area is the $1.29 price per square foot Heritage Model at Carriage Park in the in the Outer Northeast neighborhood starting from $1,443. The second greatest value Covington apartment is the 2 BD Villa Reno Model at Brown School Station starting at $1,120 with a $1.27 price per square foot in the Outer Northeast 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. |
|---|---|---|---|
| Carriage Park | Heritage | 2BR,2BA | $1.29 |
| Brown School Station | 2 BD Villa Reno | 2BR,1BA | $1.27 |
| Trotwood Commons | Two Bedroom Garden | 2BR,1BA | $1.29 |
| Timberlake Apartments | Augustine | 2BR,1BA | $0.92 |
| SYC - Sycamore Creek | 2x1 | 2BR,1BA | $0.99 |
| 120 E Van Lake Dr | Fully Remodeled - 2 Bedroom / 1.5 Bath | 2BR,1.5BA | $1.22 |
| McKaig Court Apartments | 2 Bedroom | 2BR,1BA | $1.17 |
| Carriage House Apartments | 1 Bedroom Garden | 1BR,1BA | $1.18 |
| Belle Meadows | 1x1 720 | 1BR,1BA | $1.18 |
| 1268 Todd Lane | Todd 1 Bed / 1 Bath | 1BR,1BA | $1.25 |
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.
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!
Explore Covington, OH Rentals by Map
See the most popular apartments and homes in Covington, OH
Frequently Asked Questions about Covington
What type of rentals are currently available in Covington?
There are currently 58 Apartments for Rent in Covington, OH with pricing that ranges from $659 to $2,465. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Covington ranging from $675 to $3,500.
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 $675 to $3,500 with an average monthly rent of $1,430.
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 $899 to $2,465, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $2,200. Four Bedroom Single-Family rentals are also available starting from $1,300 and Four Bedroom Apartments start at $1,695.
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.