Cheap Homes for Rent in Covington, VA from $600 (11 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Homes available for rent right now in Covington.

property at 123 Circle Dr

$627

2 Bedroom Rentals

Available Now

123 Circle Dr

White Sulphur SpringsWV24986

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.

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

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. Ridgeview Apartments in the Monterey neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $710. Here is today’s list of the most affordable Covington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Heintz House1 Bed, 1 bath1BR,1BA$145
Ridgeview ApartmentsStudioStudio,1BA$710
The Historic Blair Apartments1BR/1.0BA1BR,1BA$895
Peters Creek Apartments - Tax Credit2BR/2BA2BR,2BA$907
WestWind Apartment Homes1 bedroom1BR,1BA$999

Best Value Apartments for Rent in Covington, VA and Nearby

As of December 26, 2025 the best value apartment in the Covington area is the $1.38 price per square foot 3 Bedroom Reno Model at 733 West in the in the Gilmer neighborhood starting from $1,625. The second greatest value Covington apartment is the 2/1.5 50% AMI Model at Blue Ridge Village Apartments starting at $1,045 with a $0.94 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 ListingModel NameBed/BathPrice Per Sq.Ft.
733 West3 Bedroom Reno3BR,2BA$1.38
Blue Ridge Village Apartments2/1.5 50% AMI2BR,1.5BA$0.94
Countryside Estates2 Bedroom x 1 Bathroom Classic Floor Plan2BR,1BA$1.15
Peters Creek Apartments - Tax Credit2BR/2BA2BR,2BA$0.91
648 Farm Road2 Bedroom Lewisburg2BR,1BA$1.22
Glade Creek (I)Renovated One Bedroom1BR,1BA$1.37
The Crest ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.44
River Retreat1 Bedroom River View1BR,1BA$1.31
WestWind Apartment Homes1 bedroom1BR,1BA$1.33
Heintz House1 Bed, 1 bath1BR,1BA$0.22

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 Article
Decorative image

The 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 Article
Decorative image

Cash 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 Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Covington, VA Rentals by Map

View Map
Covington, VA Apartments Map
View Map
Covington, VA Rental Homes Map

Frequently Asked Questions about Covington

What type of rentals are currently available in Covington?

There are currently 38 Apartments for Rent in Covington, VA with pricing that ranges from $145 to $3,940. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Covington ranging from $627 to $3,500.

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 $627 to $3,500 with an average monthly rent of $1,740.

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 $1,047 to $3,940, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,323 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $1,775.

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

decorative image for How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips article

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!