
Cheap Apartments for Rent in Covington, VA from $500 (7 Rentals)
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.

Ridgeview Apartments

30 Culpepper Ave
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, VA Local Guide

How much does it cost to rent an apartment in Covington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Covington Studio Apartments | $848 | $660 | $1,412 |
| Covington 1 Bedroom Apartments | $1,415 | $145 | $2,565 |
| Covington 2 Bedroom Apartments | $1,587 | $913 | $3,085 |
| Covington 3 Bedroom Apartments | $2,010 | $1,267 | $3,555 |
| Covington 4 Bedroom Apartments | $1,866 | $1,775 | $1,925 |
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Covington, VA Local Guide
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Cheapest Available Covington Apartments for Rent and Nearby
 The cheapest available apartment rental in Covington, VA is a 1 Bed unit found at Heintz House priced from $145. The Cove Apartments in the Peachtree Norwood neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $913. Here is today’s list of the most affordable Covington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Heintz House | 1 Bed, 1 bath | 1BR,1BA | $145 |
| The Cove Apartments | 2x1 | 2BR,1BA | $913 |
| The Historic Blair Apartments | 1BR/1.0BA | 1BR,1BA | $985 |
Best Value Apartments for Rent in Covington, VA and Nearby
As of October 26, 2025 the best value apartment in the Covington area is the $1.10 price per square foot 2 Bedroom Model at The Aspen in the in the Westview Terrace neighborhood starting from $1,349. The second greatest value Covington apartment is the 2 Bedroom River View Model at River Retreat starting at $1,199 with a $1.06 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 Aspen | 2 Bedroom | 2BR,2BA | $1.10 |
| River Retreat | 2 Bedroom River View | 2BR,2BA | $1.06 |
| Blue Ridge Village Apartments | 2/1.5 50% AMI | 2BR,1.5BA | $0.94 |
| North Point | 2BR | 2BR,2BA | $1.18 |
| Countryside Estates | 2 Bedroom x 1 Bathroom Classic Floor Plan | 2BR,1BA | $1.08 |
| Peters Creek Apartments - Tax Credit | 2BR/2BA | 2BR,2BA | $1.11 |
| Northridge Village | B1 | 2BR,1BA | $1.26 |
| 648 Farm Road | 2 Bedroom Lewisburg | 2BR,1BA | $1.22 |
| The Cove Apartments | 2x1 | 2BR,1BA | $1.14 |
| Heintz House | 1 Bed, 1 bath | 1BR,1BA | $0.22 |
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, VA
Mountain View Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Covington, VA Rentals by Map
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Getting Around Covington, VA
Walk Score®
36 / 100
Car-Dependent
Most errands require a car
Bike Score®
27 / 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
How much is rent for a Cheap One Bedroom Covington Apartment?
The lowest price for a Cheap One Bedroom Covington Apartment is $145 at Heintz House.
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 $913 at The Cove Apartments.
What is the most affordable Covington Three Bedroom Apartment?
The best deal on a cheap Covington Three Bedroom Apartment rental is at Peters Creek Apartments - Tax Credit and starts from $1,267.
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.



