
Cheap Homes for Rent in Covington, VA from $800 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Covington.


345 E Prospect St

2516 Oakland Blvd NW

1415 15th St NE

210 Cardinal Wy
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.

4111 Maine Ave NW

2803 Burton Ave NW

3821 Vermont Ave NW

603 Strand Rd NE

152 Cardinal Wy
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.
Covington, VA Local Guide

How much does it cost to rent a home in Covington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Covington 2 Bedroom Homes for Rent | $1,344 | $850 | $1,700 |
| Covington 3 Bedroom Homes for Rent | $1,766 | $1,200 | $2,500 |
| Covington 4 Bedroom Homes for Rent | $2,393 | $1,950 | $2,700 |
| Covington 5 Bedroom Homes for Rent | $2,150 | $2,150 | $2,150 |
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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. The Cove Apartments in the Peachtree Norwood neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $916. 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 |
| The Cove Apartments | 2x1 | 2BR,1BA | $916 |
| Frontier Apartments | 2BR 1BA | 2BR,1BA | $985 |
Best Value Apartments for Rent in Covington, VA and Nearby
As of July 26, 2026 the best value apartment in the Covington area is the $1.22 price per square foot 3b 1b 1343sq Model at Bent Creek Apartments and Townhomes in the in the Monterey neighborhood starting from $1,645. 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. |
|---|---|---|---|
| Bent Creek Apartments and Townhomes | 3b 1b 1343sq | 3BR,1BA | $1.22 |
| 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 |
| Fieldstone Place | 2 Bedroom | 2BR,2BA | $1.48 |
| Peters Creek Apartments - Tax Credit | 2BR/2BA | 2BR,2BA | $0.99 |
| WESTWIND APARTMENT HOMES | 2 Bedroom Gold without washer dryer hook ups | 2BR,1.5BA | $1.51 |
| The Cove Apartments | 2x1 | 2BR,1BA | $1.15 |
| 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!
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Frequently Asked Questions about Covington
What type of rentals are currently available in Covington?
There are currently 41 Apartments for Rent in Covington, VA with pricing that ranges from $690 to $3,825. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Covington ranging from $285 to $2,700.
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 $285 to $2,700 with an average monthly rent of $1,486.
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 $1,125 to $3,825, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,950 and Four Bedroom Apartments start at $1,805.
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.

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.