Cheap Homes for Rent in Covington, WA from $700 (5 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Covington, WA Local Guide

Cheapest Available Covington Apartments for Rent and Nearby

 

The cheapest available apartment rental in Covington, WA is a 2 Beds unit found at Covington Place in the Outlying Issaquah neighborhood priced from $999. Washington Park Apartments in the Meredith neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,330. Here is today’s list of the most affordable Covington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Covington PlaceMeridian2BR,1BA$999
Washington Park ApartmentsCedar (Renovated)Studio,1BA$1,330
Radcliffe Place Senior Living2 bedroom 1 bathroom (60%)2BR,1BA$1,380

Best Value Apartments for Rent in Covington, WA and Nearby

As of June 18, 2025 the best value apartment in the Covington area is the $2.09 price per square foot Briarwood Model at Meridian Green Townhomes in the in the East Pointe neighborhood starting from $2,695. The second greatest value Covington apartment is the 3X2 C1 Model at STATION BY VINTAGE starting at $2,361 with a $2.05 price per square foot in the Outlying Issaquah 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.
Meridian Green TownhomesBriarwood3BR,2.5BA$2.09
STATION BY VINTAGE3X2 C13BR,2BA$2.05
Arden Park Apartments2x12BR,1BA$1.54
ArterraPine2BR,1BA$2.03
Irwin ParkTwo Bedroom One Bath Renovated2BR,1BA$1.99
Vibe Apartments2 Bed 1 Bath Phase12BR,1BA$2.22
Country Glen Apartments1 Bed 1 Bath1BR,1BA$2.10
Village Green Apartments1x1 676 A1BR,1BA$2.22
Phoenix Court Apartments1 Bed 1 Bath1BR,1BA$2.20
Covington PlaceHorizon1BR,1BA$1.68

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

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 $1,223 to $5,620. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Covington ranging from $700 to $4,600.

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 $700 to $4,600 with an average monthly rent of $2,959.

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 $2,100 to $3,299, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,750 to $4,350. Four Bedroom Single-Family rentals are also available starting from $3,350 and Four Bedroom Apartments start at $2,352.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for The 10 Best Affordable Neighborhoods in Seattle, WA article

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.