
Cheap Homes for Rent in Covington, TN from $700 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Covington.


329 Main St

1977 Fulton Rd

306 Lynn St

106 Tuxedo Dr
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.

221 College St

214 College St

227 College St

225 College St

836 S Tipton St
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.

270 N Main St
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 | $1,246 | $700 | $2,900 |
| Covington 3 Bedroom Homes for Rent | $1,463 | $1,000 | $2,250 |
| Covington 4 Bedroom Homes for Rent | $2,057 | $1,495 | $2,800 |
| Covington 5 Bedroom Homes for Rent | $2,055 | $2,055 | $2,055 |
Browse Top Homes for Rent in Covington
Explore Covington
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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Regency at Raleigh | 1 bedroom, 1 bath | 1BR,1BA | $740 |
| Luxe at Raleigh | 2 Bedroom, 1 Bathroom | 2BR,1BA | $875 |
| The Landings at Houston Levee | The Cove - 1x1 | 1BR,1BA | $937 |
| Stonebridge Crossing Apartments | Avalon w/Sunroom | 1BR,1BA | $940 |
| Lincoln at Wolfchase | Orchid | 1BR,1BA | $948 |
Best Value Apartments for Rent in Covington, TN and Nearby
As of November 02, 2025 the best value apartment in the Covington area is the $1.05 price per square foot The Bayfront - 3x2 Model at The Landings at Houston Levee in the in the Eads-Fisherville neighborhood starting from $1,391. The second greatest value Covington apartment is the 3-bedroom Model at Franklin Square starting at $1,450 with a $1.15 price per square foot . 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. |
|---|---|---|---|
| The Landings at Houston Levee | The Bayfront - 3x2 | 3BR,2BA | $1.05 |
| Franklin Square | 3-bedroom | 3BR,2BA | $1.15 |
| Somerset at Lakeland | B3 | 2BR,2BA | $1.25 |
| Oaklawn Heights | 3 Bed-1.5 Bath | 3BR,1.5BA | $1.16 |
| Woodlands at Capital Way | White Oak | 2BR,2BA | $1.17 |
| Colonial Estates | 2 Bedroom/2 Bathroom | 2BR,1BA | $1.16 |
| Riverbrook Luxury Apartments | 2BR/2.0BA | 2BR,2BA | $1.19 |
| Stonebridge Crossing Apartments | Beaumont | 2BR,2BA | $1.22 |
| Luxe at Raleigh | 2 Bedroom, 1 Bathroom | 2BR,1BA | $1.12 |
| Regency at Raleigh | 1 bedroom, 1 bath | 1BR,1BA | $1.04 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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 ArticleThe 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.
Read ArticleQuick Rent Budget Calculator
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Best Local Schools in Covington, TN
Austin Peay Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Covington, TN
Frequently Asked Questions about Covington
What type of rentals are currently available in Covington?
There are currently 45 Apartments for Rent in Covington, TN with pricing that ranges from $735 to $3,000. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Covington ranging from $700 to $2,900.
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 $700 to $2,900 with an average monthly rent of $1,504.
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 $3,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $2,250. Four Bedroom Single-Family rentals are also available starting from $1,495 and Four Bedroom Apartments start at $1,795.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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.