
Cheap Homes for Rent in Covington, WA from $800 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Covington.


18601 4th St E

Unit F201

2537 M Pl NE

2556 M Pl NE
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.

2545 M Pl NE

850 2nd Ave N

725 F Pl NE

2713 K St NE

2701 J St NE
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.

2502 M St NE

2319 L St NE

2315 L St NE

23613 112th Ave SE

2708 J St NE
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.

2416 M St NE

1175 Harrington Pl NE
Covington, WA 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 | $2,064 | $1,595 | $2,845 |
| Covington 3 Bedroom Homes for Rent | $2,970 | $2,450 | $3,600 |
| Covington 4 Bedroom Homes for Rent | $3,952 | $3,195 | $6,500 |
| Covington 5 Bedroom Homes for Rent | $4,995 | $4,995 | $4,995 |
Browse Top Homes for Rent in Covington
Explore Covington
Covington, WA Local Guide
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Cheapest Available Covington Apartments for Rent and Nearby
 The cheapest available apartment rental in Covington, WA is a Studio unit found at Washington Park Apartments in the Meredith neighborhood priced from $1,277. Village Green Apartments in the Meredith neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,300. Here is today’s list of the most affordable Covington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Washington Park Apartments | Cedar (Renovated) | Studio,1BA | $1,277 |
| Village Green Apartments | 1X1 | 1BR,1BA | $1,300 |
| The Seasons at Lea Hill Village | Studio 1 Bath | Studio,1BA | $1,367 |
| Covington Place | Horizon | 1BR,1BA | $1,411 |
| Haven | Studio | Studio,1BA | $1,432 |
Best Value Apartments for Rent in Covington, WA and Nearby
As of May 23, 2026 the best value apartment in the Covington area is the $2.13 price per square foot Brierwood Model at Meridian Green Townhomes in the in the East Pointe neighborhood starting from $2,745. The second greatest value Covington apartment is the 3 Bed 2 Bath Model at Sterling Ridge starting at $2,565 with a $2.27 price per square foot in the East Pointe 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. |
|---|---|---|---|
| Meridian Green Townhomes | Brierwood | 3BR,2.5BA | $2.13 |
| Sterling Ridge | 3 Bed 2 Bath | 3BR,2BA | $2.27 |
| Arden Park Apartments | 2x1 | 2BR,1BA | $1.73 |
| Irwin Park | Two Bedroom One Bath Renovated | 2BR,1BA | $1.87 |
| Timber Flats | Pine Renovated | 2BR,1BA | $2.05 |
| Vibe Apartments | 2 Bed, 1 Bath A | 2BR,1BA | $2.37 |
| Allegro | Small 1 Bedroom | 1BR,1BA | $2.37 |
| STATION BY VINTAGE | Studio | Studio ,1BA | $2.34 |
| Alden on Lake Meridian | Meridian One | 1BR,1BA | $2.34 |
| Village Green Apartments | 1x1R W/Electricity | 1BR,1BA | $2.37 |
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 ArticleSeattle Apartment Guide: Find Your Rental Near Tech Hubs like Amazon, Google, and Adobe
Cut down on your commute! Discover Seattle's top neighborhoods to rent near major employers like Amazon, Meta, and Fred Hutchinson. Find your ideal work-life balance in the Emerald City.
Read ArticlePicking the Perfect Seattle Neighborhood for College Life
Learn About the Best Neighborhoods to Rent Near College Campuses in Seattle, WA | Find Seattle Off-Campus Student Housing at ApartmentHomeLiving.com
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Covington, WA Rentals by Map
See the most popular apartments and homes in Covington, WA
Frequently Asked Questions about Covington
What type of rentals are currently available in Covington?
There are currently 52 Apartments for Rent in Covington, WA with pricing that ranges from $1,277 to $3,750. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Covington ranging from $850 to $6,500.
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 $850 to $6,500 with an average monthly rent of $2,966.
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 $1,993 to $3,009, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,450 to $3,600. Four Bedroom Single-Family rentals are also available starting from $3,195 and Four Bedroom Apartments start at $2,433.
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.
Helpful Local Expert Guides

The 10 Best Affordable Neighborhoods in Seattle, WA
Written by: Sharon Stallings
I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. My husband, two children, and I moved to West Seattle in 1995.

Picking the Perfect Seattle Neighborhood for College Life
Written by: Sharon Stallings
I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. Whether you're new to Seattle or grew up here, the neighborhood where you live makes a huge difference while attending college.

Seattle Apartment Guide: Find Your Rental Near Tech Hubs like Amazon, Google, and Adobe
Written by: Sharon Stallings
I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. We're blessed to live in Seattle, affectionately known as the Emerald City.

The Emerald Citys Secrets: A 30-Year Locals Guide to Renting in Seattle
Written by: Sharon Stallings
I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. I've lived here for 30+ years and have watched the city grow while holding onto what makes it unique.
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.