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$1,049 - $1,249
Plus Fees
1 to 2 Bedroom Apartments Available May 20River Retreat
94 YMCA WayCovington, VA 24426
Cheap Apartments for Rent in Covington, VA from $500 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in Covington.
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2 to 3 Bedroom Apartments
Cedar Forest
306 Dairy StCovington, VA 24426
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2 to 3 Bedroom Apartments
Dolly Ann Apartments
826 Long AveCovington, VA 24426
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Rent Specials
$690 - $760
Plus Fees
Studio to 1 Bedroom Apartments Available NowRidgeview Apartments
5300 Hawthorne RdRoanoke, VA 24012
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$799 - $1,499
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
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$799 - $1,499
Total Monthly Price
$799 - $1,499
Frontier Apartments
4302-4410 Plantation Rd NERoanoke, VA 24012
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$824 - $1,203
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$666 - $1,045
Required Monthly Fees
$158
Total Monthly Price
$824 - $1,203
Blue Ridge Village Apartments
2744 Melrose Ave NWRoanoke, VA 24017
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Rent Specials
$926 - $1,267
Total Monthly Price12 Month Lease Term
2 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$926 - $1,267
Total Monthly Price
$926 - $1,267
Peters Creek Apartments - Tax Credit
7266 S Barrens RdRoanoke, VA 24019
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$971 - $2,493
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2 to 3 Bedroom Apartments Available May 22Total Monthly Price
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$916 - $2,438
Required Monthly Fees
$55
Total Monthly Price
$971 - $2,493
The Cove Apartments
3816 Panorama Ave NWRoanoke, VA 24017
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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$975 - $995
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Now4419-4425 Lela Ave NE
4419-4425 Lela Ave NERoanoke, VA 24019
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$1,050 - $1,175
Plus Fees
1 to 2 Bedroom Apartments Available NowThe Historic Blair Apartments
231 Chestnut StSalem, VA 24153
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$1,090 - $2,000
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,085 - $1,995
Required Monthly Fees
$5
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$1,090 - $2,000
Bent Creek Apartments and Townhomes
6525 Greenway DrRoanoke, VA 24019
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$1,114 - $1,540
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,099 - $1,525
Required Monthly Fees
$15
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$1,114 - $1,540
Sterlingwood Apartments
2215 Montauk RdRoanoke, VA 24017
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$1,165 - $3,125
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,165 - $3,125
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Varies
The Crest Apartments
128 Rutledge DrSalem, VA 24153
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$1,204 - $1,430
Total Monthly Price12 Month Lease Term
2 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,199 - $1,425
Required Monthly Fees
$5
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$1,204 - $1,430
Countryside Estates
2318 Highland Farm Rd NWRoanoke, VA 24017
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$1,217 - $3,614
Plus Fees
2 to 3 Bedroom Apartments Available May 21Northridge Village
5204 Lancelot LnRoanoke, VA 24019
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$1,245 - $3,445
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,135 - $3,335
Required Monthly Fees
$110
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$1,245 - $3,445
Hickory Woods
3006 Hickory Woods DrRoanoke, VA 24012
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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$1,249 - $1,534
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowWESTWIND APARTMENT HOMES
3030 Ordway Dr NWRoanoke, VA 24017
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$1,250 - $1,350
Plus Fees
1 to 3 Bedroom Apartments Available May 26Lexington Springs Apartments
95 Willow Springs RdLexington, VA 24450
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$1,264 - $2,514
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available May 12Total Monthly Price
Base Rent
$1,185 - $2,435
Required Monthly Fees
$79
Total Monthly Price
$1,264 - $2,514
The View at 777
777 Roanoke BlvdSalem, VA 24153
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$1,274 - $1,474
Plus Fees
1 to 2 Bedroom Apartments Available NowThe Vista at Orchards
5943 Islington StRoanoke, VA 24012
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1 Bedroom Apartments
Heintz House
83 Health Center DrUnion, WV 24983
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2 Bedroom Apartments
4306 Williamson Rd NW
4306 Williamson Rd NWRoanoke, VA 24012
821 Salem Ave SW
RoanokeVA24016
922 12th St SE
RoanokeVA24013
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.
2803 Burton Ave NW
RoanokeVA24012
2516 Oakland Blvd NW
RoanokeVA24012
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1 to 3 Bedroom Apartments
The Flats at Rutgers
4823 Rutgers St NWRoanoke, VA 24012
114 Houston St
LexingtonVA24450
80 Jacobs Ladder
LexingtonVA24450
1415 15th St NE
RoanokeVA24012
3648 Davis Stuart Rd
LewisburgWV24901
2916 Courtland Rd NW
RoanokeVA24012
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.
1423 Burrell St NW
RoanokeVA24012
2205 Plantation Rd NE
RoanokeVA24012
Showing Results 1-34, Page 1 of 1
Covington, VA Local Guide
Main Street in Covington, Virginia by Jarek Tuszyński is licensed under CC BY-SA 3.0
How much does it cost to rent an apartment in Covington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Covington Studio Apartments | $894 | $690 | $1,486 |
| Covington 1 Bedroom Apartments | $1,432 | $760 | $2,605 |
| Covington 2 Bedroom Apartments | $1,784 | $899 | $3,745 |
| Covington 3 Bedroom Apartments | $2,109 | $1,047 | $3,675 |
| Covington 4 Bedroom Apartments | $1,890 | $1,790 | $1,940 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Covington
See all Apartments in CovingtonExplore Covington
Covington, VA Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Covington Apartments for Rent and Nearby
The cheapest available apartment rental in Covington, VA is a Studio unit found at Ridgeview Apartments in the Monterey neighborhood priced from $690. Frontier Apartments in the Monterey neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here is today’s list of the most affordable Covington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ridgeview Apartments | Studio | Studio,1BA | $690 |
| Frontier Apartments | 1 Bed Whitehall | 1BR,1BA | $825 |
| Peters Creek Apartments - Tax Credit | 2BR/2BA | 2BR,2BA | $926 |
| 4419-4425 Lela Ave NE | 1 Bed 1 Bath | 1BR,1BA | $975 |
| The Flats at Rutgers | 1x1 | 1BR,1BA | $999 |
| Bent Creek Apartments and Townhomes | 2b 1.5b 1150sq | 2BR,1BA | $1,090 |
| The Historic Blair Apartments | 2BR/1.0BA | 2BR,1BA | $1,095 |
| Sterlingwood Apartments | 1 Bedroom/1Bathroom + Den Classic Floor Plan | 1BR,1BA | $1,140 |
| Blue Ridge Village Apartments | 2/1.5 50% AMI | 2BR,1BA | $1,173 |
| The Crest Apartments | One Bedroom One Bathroom with Den | 1BR,1BA | $1,195 |
Best Value Apartments for Rent in Covington, VA and Nearby
As of May 02, 2026 the best value apartment in the Covington area is the $1.42 price per square foot 3 BR Type 1 Model at The Overlook at Daleville in the in the Cloverdale neighborhood starting from $2,075. The second greatest value Covington apartment is the Renovated Two Bedroom Two Bathroom Model at Glade Creek (I) starting at $1,705 with a $1.45 price per square foot in the Monterey 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. |
|---|---|---|---|
| The Overlook at Daleville | 3 BR Type 1 | 3BR,2BA | $1.42 |
| Glade Creek (I) | Renovated Two Bedroom Two Bathroom | 2BR,2BA | $1.45 |
| Blue Ridge Village Apartments | 2/1.5 50% AMI | 2BR,1.5BA | $1.05 |
| North Point | 2BR | 2BR,2BA | $1.40 |
| Countryside Estates | 2 Bedroom x 1 Bathroom Classic Floor Plan | 2BR,1BA | $1.15 |
| Peters Creek Apartments - Tax Credit | 2BR/2BA | 2BR,2BA | $0.93 |
| 733 West | 2 Bedroom Reno | 2BR,2BA | $1.53 |
| WESTWIND APARTMENT HOMES | 2 Bedroom Gold without washer dryer hook ups | 2BR,1.5BA | $1.51 |
| The Historic Blair Apartments | 1BR/1.0BA | 1BR,1BA | $1.62 |
| The Flats at Rutgers | 1x1 | 1BR,1BA | $1.54 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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 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.
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Best Local Schools in Covington, VA
Mountain View Elementary School
Alleghany County Public Schools
Public School - Grades PK-5 (446)
4 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Covington, VA Rentals by Map
See the most popular apartments and homes in Covington, VA
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 Ridgeview Apartments listed at $690.
How much is rent for a Cheap One Bedroom Covington Apartment?
The lowest price for a Cheap One Bedroom Covington Apartment is $760 at Ridgeview Apartments.
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 $926 at Peters Creek Apartments - Tax Credit.
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 $1,047.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.