Cheap Apartments for Rent in Covington, TN from $700 (22 Rentals)

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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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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 $830. 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
Brownsville FlatsA-1-HC 50% PBV1BR,1BA$830
Luxe at Raleigh2 Bedroom, 1 Bathroom2BR,1BA$875
Sunrise Luxury Apartments33G503BR,2BA$945
Stonebridge Crossing ApartmentsAvalon w/Sunroom1BR,1BA$960
The Landings at Houston LeveeThe Cove - 1x11BR,1BA$986

Best Value Apartments for Rent in Covington, TN and Nearby

As of January 18, 2026 the best value apartment in the Covington area is the $0.78 price per square foot 3 Bed 2.5 Bath Model at Sunridge Townhomes in the in the Raleigh neighborhood starting from $1,395. The second greatest value Covington apartment is the The Brookside - 3x2 Model at The Landings at Houston Levee starting at $1,411 with a $1.04 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.
Sunridge Townhomes3 Bed 2.5 Bath3BR,2.5BA$0.78
The Landings at Houston LeveeThe Brookside - 3x23BR,2BA$1.04
Franklin Square3-bedroom3BR,2BA$1.15
Quail Ridge Apartment HomesBlue Ridge2BR,2BA$1.16
Sunrise Luxury Apartments33G503BR,2BA$0.77
Somerset at LakelandB22BR,2BA$1.16
Colonial Estates2 Bedroom/2 Bathroom Renovated2BR,2BA$0.97
Oaklawn Heights2 Bed-1.5 Bath2BR,1.5BA$1.18
Riverbrook Luxury Apartments2BR/2.0BA2BR,2BA$1.08
Luxe at Raleigh2 Bedroom, 1 Bathroom2BR,1BA$1.12

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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Covington, TN Rentals by Map

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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 $1,143.

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

The lowest price for a Cheap One Bedroom Covington Apartment is $830 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 $875 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 Sunrise Luxury Apartments and starts from $945.

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

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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!