Cheap Apartments for Rent in Covington, TN from $700 (32 Rentals)

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

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

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Showing Results 1-32, 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 Regency at Raleigh in the Raleigh neighborhood priced from $740. Luxe at Raleigh in the Raleigh neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $875. Here is today’s list of the most affordable Covington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Regency at Raleigh1 bedroom, 1 bath1BR,1BA$740
Luxe at Raleigh2 Bedroom, 1 Bathroom2BR,1BA$875
Stonebridge Crossing ApartmentsAvalon w/Sunroom1BR,1BA$929
221-233 WashingtonOne bedroom1BR,1BA$1,000
Lincoln at WolfchaseIris with Sunroom1BR,1BA$1,014
The Landings at Houston LeveeThe Cove - 1x11BR,1BA$1,036
Rock Creek ApartmentsOne Bedroom1BR,1BA$1,060
Houston Villas East & WestA1UG1BR,1BA$1,075
Riverbrook Luxury Apartments2BR/2.0BA2BR,2BA$1,087
Crescent at Wolfchase Apartment HomesOne Bedroom-788 sqft1BR,1BA$1,120

Best Value Apartments for Rent in Covington, TN and Nearby

As of August 30, 2025 the best value apartment in the Covington area is the $1.04 price per square foot The Apennine - Affordable Model at Enclave at Wolfchase in the in the Cordova-Appling neighborhood starting from $1,199. The second greatest value Covington apartment is the The Delta - 2x2 Model at The Landings at Houston Levee starting at $1,325 with a $1.15 price per square foot in the Eads-Fisherville 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.
Enclave at WolfchaseThe Apennine - Affordable2BR,2BA$1.04
The Landings at Houston LeveeThe Delta - 2x22BR,2BA$1.15
Stonebridge Crossing ApartmentsChateau3BR,2BA$1.20
Chapel Ridge of RipleyThree Bedroom Two Bathroom3BR,2BA$1.08
Colonial Estates2 Bedroom/2 Bathroom2BR,1BA$1.16
Franklin SquareB1 - 2-bedroom2BR,2BA$1.25
Oaklawn Heights2 Bed-1.5 Bath2BR,1.5BA$1.18
Riverbrook Luxury Apartments2BR/2.0BA2BR,2BA$1.19
Luxe at Raleigh2 Bedroom, 1 Bathroom2BR,1BA$1.12
Regency at Raleigh1 bedroom, 1 bath1BR,1BA$1.04

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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 $1,196.

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

The lowest price for a Cheap One Bedroom Covington Apartment is $740 at Regency at Raleigh.

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 Regency 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 $975.

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 Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.