
Cheap Apartments for Rent in Covington, VA from $500 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in Covington.


Cedar Forest

Dolly Ann Apartments

345 E Prospect St

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Ridgeview Apartments

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Frontier Apartments

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The Cove 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.

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Peters Creek Apartments - Tax Credit

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Blue Ridge Village Apartments

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The Historic Blair Apartments

Heintz House

8188 Lee Hwy

123 Circle Dr

4306 Williamson Rd NW
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.

182 Hillcrest Park Ln

2516 Oakland Blvd NW

4419-4425 Lela Ave NE

1415 15th St NE

210 Cardinal Wy

The Flats at Rutgers

4111 Maine Ave NW
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.
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 | $861 | $690 | $1,374 |
| Covington 1 Bedroom Apartments | $1,536 | $799 | $3,030 |
| Covington 2 Bedroom Apartments | $1,757 | $899 | $3,845 |
| Covington 3 Bedroom Apartments | $2,054 | $1,125 | $3,825 |
| Covington 4 Bedroom Apartments | $1,887 | $1,805 | $1,929 |
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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 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 2 Beds apartment currently listed from $985. 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 | 2BR 1BA | 2BR,1BA | $985 |
| Peters Creek Apartments - Tax Credit | 2BR/2BA | 2BR,2BA | $990 |
| The Flats at Rutgers | 1x1 | 1BR,1BA | $1,014 |
| Blue Ridge Village Apartments | 2/1.5 40% AMI | 2BR,1BA | $1,015 |
Best Value Apartments for Rent in Covington, VA and Nearby
As of July 31, 2026 the best value apartment in the Covington area is the $1.06 price per square foot 3 Bedroom x 1.5 Bathroom Classic Floor Plan Model at Countryside Estates in the in the Peachtree Norwood neighborhood starting from $1,457. The second greatest value Covington apartment is the Renovated Three Bedroom Model at Glade Creek (I) starting at $1,745 with a $1.33 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. |
|---|---|---|---|
| Countryside Estates | 3 Bedroom x 1.5 Bathroom Classic Floor Plan | 3BR,1.5BA | $1.06 |
| Glade Creek (I) | Renovated Three Bedroom | 3BR,2BA | $1.33 |
| The Aspen | 2 Bedroom | 2BR,2BA | $1.33 |
| Blue Ridge Village Apartments | 2/1.5 40% AMI | 2BR,1.5BA | $0.91 |
| The Crest Apartments | Three Bedroom Two Bathroom | 3BR,2BA | $1.50 |
| Bent Creek Apartments and Townhomes | 2b 1.5b 1021sq | 2BR,1.5BA | $1.42 |
| Peters Creek Apartments - Tax Credit | 2BR/2BA | 2BR,2BA | $0.99 |
| Northridge Village | B1 | 2BR,1BA | $1.28 |
| WESTWIND APARTMENT HOMES | 2 Bedroom Gold without washer dryer hook ups | 2BR,1.5BA | $1.51 |
| Frontier Apartments | 2BR 1BA | 2BR,1BA | $1.31 |
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 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.
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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
See the most popular apartments and homes in Covington, VA
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 $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 $985 at Frontier 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 $1,125.
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.

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.