
Cheap Homes for Rent in Covington, TN from $800 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Covington.


214 College St

227 College St

135 S Jefferson St

318 Hill Ave

315 Bledsoe Ave

1155 S College St
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.

314 Carr Ave

7858 Nimitz Rd

219 S Jefferson St

204 Drake Ave

575 Munford Giltedge Rd

7749 Admiral Rd
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.
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 | $1,389 | $850 | $3,250 |
| Covington 3 Bedroom Homes for Rent | $1,448 | $950 | $2,245 |
| Covington 4 Bedroom Homes for Rent | $2,091 | $1,275 | $2,700 |
| Covington 5 Bedroom Homes for Rent | $2,650 | $2,650 | $2,650 |
Browse Top Homes for Rent in Covington
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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 Sunrise Luxury Apartments priced from $735. Regency at Raleigh in the Raleigh neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $740. Here is today’s list of the most affordable Covington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sunrise Luxury Apartments | 11G50 | 1BR,1BA | $735 |
| Regency at Raleigh | 1 bedroom, 1 bath | 1BR,1BA | $740 |
| Brownsville Flats | A-1-HC 50% PBV | 1BR,1BA | $830 |
| Luxe at Raleigh | 2 Bedroom, 1 Bathroom | 2BR,1BA | $875 |
| Stonebridge Crossing Apartments | Avalon w/Sunroom | 1BR,1BA | $960 |
Best Value Apartments for Rent in Covington, TN and Nearby
As of December 27, 2025 the best value apartment in the Covington area is the $0.81 price per square foot 2 Bed 2 Bath Model at Sunridge Townhomes in the in the Raleigh neighborhood starting from $1,295. The second greatest value Covington apartment is the The Bayfront - 3x2 Model at The Landings at Houston Levee starting at $1,393 with a $1.05 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sunridge Townhomes | 2 Bed 2 Bath | 2BR,2BA | $0.81 |
| The Landings at Houston Levee | The Bayfront - 3x2 | 3BR,2BA | $1.05 |
| Franklin Square | 3-bedroom | 3BR,2BA | $1.15 |
| Riverbrook Luxury Apartments | 3BR/2.0BA | 3BR,2BA | $1.14 |
| Colonial Estates | 2 Bedroom/1 Bathroom - Renovated | 2BR,1BA | $0.97 |
| Main Street Villa | 2 Bedroom 1.5 Bathroom | 2BR,1.5BA | $1.12 |
| Oaklawn Heights | 2 Bed-1.5 Bath | 2BR,1.5BA | $1.16 |
| Sunrise Luxury Apartments | 11G50 | 1BR,1BA | $0.87 |
| Luxe at Raleigh | 2 Bedroom, 1 Bathroom | 2BR,1BA | $1.12 |
| Regency at Raleigh | 1 bedroom, 1 bath | 1BR,1BA | $1.04 |
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 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 ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
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!
Explore Covington, TN Rentals by Map
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 47 Apartments for Rent in Covington, TN with pricing that ranges from $700 to $3,000. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Covington ranging from $850 to $3,250.
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 $850 to $3,250 with an average monthly rent of $1,894.
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 $950 to $2,245. Four Bedroom Single-Family rentals are also available starting from $1,275 and Four Bedroom Apartments start at $1,745.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

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!
