Cheap Apartments for Rent in Covington, TN from $700 (38 Rentals)

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

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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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.

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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.

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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.

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Showing Results 1-38, Page 1 of 1

Covington, TN Local Guide

Cheapest Available Covington Apartments for Rent and Nearby

 

The cheapest available apartment rental in Covington, TN is a 1 Bed unit found at Brownsville Flats priced from $711. Country View in the Raleigh neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Covington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Brownsville FlatsA-1-50% PBV1BR,1BA$711
Country ViewA21BR,1BA$750
Regency at Raleigh2 bedroom, 1.5 bath2BR,1BA$840
Luxe at Raleigh2 Bedroom, 1 Bathroom2BR,1BA$875
Enclave at WolfchaseThe Gray1BR,1BA$903
Sunrise Luxury Apartments33G503BR,2BA$945
The Landings at Houston LeveeThe Cove - 1x11BR,1BA$981
Riverbrook Luxury Apartments2BR/2.0BA2BR,2BA$987
Somerset at LakelandA21BR,1BA$999
221-233 WashingtonOne bedroom1BR,1BA$1,000

Best Value Apartments for Rent in Covington, TN and Nearby

As of April 22, 2026 the best value apartment in the Covington area is the $0.99 price per square foot 2 Bedroom/2 Bathroom - Renovated Model at Colonial Estates in the in the Cordova-Appling neighborhood starting from $1,325. The second greatest value Covington apartment is the Blue Ridge Model at Quail Ridge Apartment Homes starting at $1,450 with a $1.16 price per square foot in the Brownsville neighborhood. 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.
Colonial Estates2 Bedroom/2 Bathroom - Renovated2BR,2BA$0.99
Quail Ridge Apartment HomesBlue Ridge2BR,2BA$1.16
Sunrise Luxury Apartments33G503BR,2BA$0.77
The Landings at Houston LeveeThe Levee - 2x22BR,2BA$1.09
Riverbrook Luxury Apartments3BR/2.0BA3BR,2BA$1.14
ReNew Bartlett Village2 Bed 1.5 Bath with Washer Dryer2BR,1.5BA$1.15
Regency at Raleigh2 bedroom, 1.5 bath2BR,1.5BA$0.90
Chapel Ridge of RipleyTwo Bedroom Two Bathroom2BR,1BA$1.11
Country ViewA11BR,1BA$1.17
Brownsville FlatsA-1-50% PBV1BR,1BA$1.19

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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Quick 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.

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Frequently Asked Questions about Cheap Covington Apartments

What is the Cheapest Studio apartment in Covington?

Currently the most affordable Cheap Studio Apartment in Covington is at Springs at Colonial listed at $1,155.

How much is rent for a Cheap One Bedroom Covington Apartment?

The lowest price for a Cheap One Bedroom Covington Apartment is $711 at Brownsville Flats.

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 $820 at Country View.

What is the most affordable Covington Three Bedroom Apartment?

The best deal on a cheap Covington Three Bedroom Apartment rental is at Country View and starts from $905.

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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.