Cheap Apartments for Rent in Covington, TN from $700 (45 Rentals)

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

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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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.

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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.

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Showing Results 1-45, 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 2 Beds unit found at Luxe at Raleigh in the Raleigh neighborhood priced from $840. Regency at Raleigh in the Raleigh neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $840. Here is today’s list of the most affordable Covington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Luxe at Raleigh2 Bedroom, 1 Bathroom2BR,1BA$840
Regency at Raleigh2 bedroom, 1.5 bath2BR,1BA$840
Lincoln at WolfchaseOrchid1BR,1BA$846
Sunrise Luxury Apartments33G503BR,2BA$945
Stonebridge Crossing ApartmentsAvalon w/Sunroom1BR,1BA$951
Rock Creek ApartmentsOne Bedroom1BR,1BA$1,060
The Easton Apartment Homes1 Bedroom 1 Bath1BR,1BA$1,129
Crescent at Wolfchase Apartment HomesOne Bedroom-788 sqft1BR,1BA$1,135
Riverbrook Luxury Apartments2BR/2.0BA2BR,2BA$1,137
Somerset at LakelandA11BR,1BA$1,185

Best Value Apartments for Rent in Covington, TN and Nearby

As of July 16, 2025 the best value apartment in the Covington area is the $0.85 price per square foot 4 Bed, 3 Bath Model at Sunridge Townhomes in the in the Raleigh neighborhood starting from $1,795. The second greatest value Covington apartment is the 33G50 Model at Sunrise Luxury Apartments starting at $945 with a $0.77 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.
Sunridge Townhomes4 Bed, 3 Bath4BR,3BA$0.85
Sunrise Luxury Apartments33G503BR,2BA$0.77
Camden Grove Apartments2BR/2BA2BR,2BA$1.23
Enclave at WolfchaseThe Timber2BR,2BA$1.24
The Landings at Houston LeveeThe Levee - 2x22BR,2BA$1.15
Colonial Estates2 Bedroom/2 Bathroom2BR,1BA$1.16
Franklin SquareB1 - 2-bedroom2BR,2BA$1.25
Regency at Raleigh2 bedroom, 1.5 bath2BR,1.5BA$0.90
Luxe at Raleigh2 Bedroom, 1 Bathroom2BR,1BA$1.07
Chapel Ridge of RipleyOne Bedroom One Bathroom1BR,1BA$1.04

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Best Local Schools in
Covington, TN

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Remember the 3 Rules of Real Estate:
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See the most popular apartments and homes in Covington, TN

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Getting Around Covington, TN

Walk Score®

39 / 100

Car-Dependent

Most errands require a car

Bike Score®

39 / 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

What is the Cheapest Studio apartment in Covington?

Currently the most affordable Cheap Studio Apartment in Covington is at Springs at Colonial listed at $1,283.

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

The lowest price for a Cheap One Bedroom Covington Apartment is $846 at Lincoln at Wolfchase.

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 $840 at Luxe at Raleigh.

What is the most affordable Covington Three Bedroom Apartment?

The best deal on a cheap Covington Three Bedroom Apartment rental is at Luxe at Raleigh and starts from $940.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

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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.

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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.