
Cheap Apartments for Rent in Covington, VA from $690 (48 Rentals)
Search the lowest-cost Apartments available for rent right now in Covington.


Cedar Forest

Dolly Ann Apartments

Total Monthly Price
Ridgeview Apartments

Total Monthly Price
Frontier Apartments

Total Monthly Price
Peters Creek Apartments - Tax Credit

Total Monthly Price
The Historic Blair Apartments

Total Monthly Price
The Cove at Peter's CreeK

Total Monthly Price
Blue Ridge Village Apartments
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.

Total Monthly Price
Sterlingwood Apartments

Total Monthly Price
The Aspen

Total Monthly Price
North Point

Total Monthly Price
WESTWIND APARTMENT HOMES

Total Monthly Price
Bent Creek Apartments and Townhomes

Total Monthly Price
Fieldstone Place

Total Monthly Price
Daleville Town Center I

Total Monthly Price
Countryside Estates

Total Monthly Price
733 West
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.

Total Monthly Price
Northridge Village

Total Monthly Price
Hickory Woods

Total Monthly Price
Salem Wood Apartments

Total Monthly Price
The Vista at Orchards

Total Monthly Price
Glade Creek (I)

Total Monthly Price
The View at 777

Total Monthly Price
The Crest Apartments

Heintz House

8188 Lee Hwy
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

123 Circle Dr

4306 Williamson Rd NW

2516 Oakland Blvd NW

4419-4425 Lela Ave NE

2818 Burton Ave NW

212 Cardinal Wy

186 Benedict Ln

The Flats at Rutgers

3123 Roundhill Ave NW
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.

190 Cardinal Wy

4722 Eden Dr NW

Lexington Springs Apartments

216 Dalewood Ave

926 Westside Blvd NW

943 35th St NW

2730 Massachusetts Ave NW

1320 Dudley St NW

1234 Pechin Ave SE
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.

4121 Wyoming Ave NW

5305 Century Dr

1415 Fresno St NW
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 | $889 | $690 | $1,486 |
| Covington 1 Bedroom Apartments | $1,534 | $799 | $2,815 |
| Covington 2 Bedroom Apartments | $1,744 | $899 | $3,820 |
| Covington 3 Bedroom Apartments | $2,024 | $1,125 | $3,930 |
| Covington 4 Bedroom Apartments | $1,887 | $1,805 | $1,929 |
Browse Top Apartments in Covington
See all Apartments in CovingtonExplore Covington
Covington, VA Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
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. Peters Creek Apartments - Tax Credit in the Monterey neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $990. 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 |
| Peters Creek Apartments - Tax Credit | 2BR/2BA | 2BR,2BA | $990 |
| The Historic Blair Apartments | 2BR/1.0BA | 2BR,1BA | $995 |
| The Flats at Rutgers | 1x1 | 1BR,1BA | $1,014 |
| Blue Ridge Village Apartments | 2/1.5 40% AMI | 2BR,1BA | $1,015 |
| Sterlingwood Apartments | 1 Bedroom/1 Bathroom Classic Floor Plan | 1BR,1BA | $1,166 |
| WESTWIND APARTMENT HOMES | 2 Bedroom Apartment - Gold | 2BR,1BA | $1,249 |
| Bent Creek Apartments and Townhomes | 2b 1.5b 1150sq | 2BR,1BA | $1,265 |
| Countryside Estates | 2 Bedroom x 1 Bathroom Classic Floor Plan | 2BR,1BA | $1,276 |
| 733 West | 2 Bedroom Reno | 2BR,2BA | $1,279 |
Best Value Apartments for Rent in Covington, VA and Nearby
As of September 14, 2026 the best value apartment in the Covington area is the $1.14 price per square foot 2 Bedroom Model at The Aspen in the in the Westview Terrace neighborhood starting from $1,399. The second greatest value Covington apartment is the 3 Bedroom Reno Model at 733 West starting at $1,655 with a $1.41 price per square foot in the Gilmer 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 Aspen | 2 Bedroom | 2BR,2BA | $1.14 |
| 733 West | 3 Bedroom Reno | 3BR,2BA | $1.41 |
| Blue Ridge Village Apartments | 2/1.5 40% AMI | 2BR,1.5BA | $0.91 |
| North Point | 2BR | 2BR,2BA | $1.40 |
| The Retreat Apartments | The Ridge 2 BR 2 BA | 2BR,2BA | $1.58 |
| Countryside Estates | 2 Bedroom x 1 Bathroom Classic Floor Plan | 2BR,1BA | $1.22 |
| Bent Creek Apartments and Townhomes | 2b 1.5b 1021sq | 2BR,1.5BA | $1.34 |
| Peters Creek Apartments - Tax Credit | 2BR/2BA | 2BR,2BA | $0.99 |
| The Historic Blair Apartments | 2BR/1.0BA | 2BR,1BA | $1.42 |
| The Flats at Rutgers | 1x1 | 1BR,1BA | $1.56 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
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, 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
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 $1,014 at The Flats at Rutgers.
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 $990 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 $1,125.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.