
Cheap Homes for Rent in Covington, TN from $900 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Covington.


535 N College St

956 Ross Rd

114 Tuxedo Dr

226 Hickory Trail

220 Hickory Trail
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.

238 Hickory Trail

721 Best St

434 Haynie St

55 Adkins Cir

7785 Captain Rd

34 S Main 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.
Covington, TN 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 | $1,244 | $975 | $1,850 |
| Covington 3 Bedroom Homes for Rent | $1,690 | $995 | $2,800 |
| Covington 4 Bedroom Homes for Rent | $2,201 | $1,550 | $3,440 |
| Covington 5 Bedroom Homes for Rent | $2,575 | $2,500 | $2,650 |
| Covington 6 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
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Covington, TN Local Guide
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Cheapest Available Covington Apartments for Rent and Nearby
 The cheapest available apartment rental in Covington, TN is a 1 Bed unit found at Luxe at Raleigh in the Raleigh neighborhood priced from $775. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Luxe at Raleigh | 1 Bedroom, 1 Bathroom | 1BR,1BA | $775 |
| Regency at Raleigh | 2 bedroom, 1.5 bath | 2BR,1BA | $840 |
| Somerset at Lakeland | A1 | 1BR,1BA | $887 |
| Cottonwood Estates | 2 Bedroom 2 Bathroom | 2BR,2BA | $900 |
| The Landings at Houston Levee | The Cove - 1x1 | 1BR,1BA | $946 |
Best Value Apartments for Rent in Covington, TN and Nearby
As of August 03, 2026 the best value apartment in the Covington area is the $0.74 price per square foot 4 Bed, 3 Bath Model at Sunridge Townhomes in the in the Raleigh neighborhood starting from $1,545. The second greatest value Covington apartment is the 2 Bedroom/2 Bathroom Renovated Model at Colonial Estates starting at $1,325 with a $0.99 price per square foot in the Cordova-Appling 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. |
|---|---|---|---|
| Sunridge Townhomes | 4 Bed, 3 Bath | 4BR,3BA | $0.74 |
| Colonial Estates | 2 Bedroom/2 Bathroom Renovated | 2BR,2BA | $0.99 |
| The Landings at Houston Levee | The Delta - 2x2 | 2BR,2BA | $1.16 |
| Sunrise Luxury Apartments | 22G50 | 2BR,2BA | $1.13 |
| Cottonwood Estates | 2 Bedroom 2 Bathroom | 2BR,2BA | $0.89 |
| Regency at Raleigh | 2 bedroom, 1.5 bath | 2BR,1.5BA | $0.90 |
| Chapel Ridge of Ripley | Two Bedroom Two Bathroom | 2BR,1BA | $1.11 |
| Riverbrook Luxury Apartments | 2BR/2.0BA | 2BR,2BA | $1.19 |
| Stonebridge Crossing Apartments | Avalon | 1BR,1BA | $1.18 |
| Somerset at Lakeland | A1 | 1BR,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.
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.
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Best Local Schools in Covington, TN
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Frequently Asked Questions about Covington
What type of rentals are currently available in Covington?
There are currently 51 Apartments for Rent in Covington, TN with pricing that ranges from $695 to $3,079. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Covington ranging from $800 to $3,440.
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 $800 to $3,440 with an average monthly rent of $1,802.
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 $940 to $3,079, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,550 and Four Bedroom Apartments start at $1,545.
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.

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.