Cheap Homes for Rent in Covington/Maple Valley, WA from $1,500 (7 Rentals)

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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.

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.

Covington/Maple Valley, WA Local Guide

Cheapest Available Covington/Maple Valley Apartments for Rent and Nearby

 

The cheapest available apartment rental in Covington/Maple Valley, WA is a 1 Bed unit found at Drexel ll Apartments in the South Kent neighborhood priced from $1,245. Washington Park Apartments in the Meredith neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,277. Here is today’s list of the most affordable Covington/Maple Valley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Drexel ll Apartments1BR/1.0BA1BR,1BA$1,245
Washington Park ApartmentsCedar (Renovated)Studio,1BA$1,277
Vibe Apartments1 Bed, 1 Bath A1BR,1BA$1,339

Best Value Apartments for Rent in Covington/Maple Valley, WA and Nearby

As of May 07, 2026 the best value apartment in the Covington/Maple Valley area is the $1.82 price per square foot Savory Model at Promenade in the in the Lea Hill neighborhood starting from $2,420. The second greatest value Covington/Maple Valley apartment is the Birmingham Model at Stratford Arms starting at $2,050 with a $1.64 price per square foot in the Meredith neighborhood. Here is today’s list of the best values for Covington/Maple Valley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
PromenadeSavory4BR,2BA$1.82
Stratford ArmsBirmingham2BR,2BA$1.64
Dimension Auburn On M St2BR/1.5BA2BR,1.5BA$1.78
Indigo SpringsAzura Falls2BR,2BA$1.90
Arden Park Apartments2x12BR,1BA$1.73
Mallard Pointe at Riverbend2x1.5TH2BR,1.5BA$1.87
Madison at River's Edge Apartments2 Bed 1 Bath2BR,1BA$1.72
Irwin ParkTwo Bedroom One Bath Renovated2BR,1BA$1.96
Waterbrook Loft and ApartmentsHadlock 1x11BR,1BA$1.95
Drexel ll Apartments1BR/1.0BA1BR,1BA$1.78

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.

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Real 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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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.

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

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Frequently Asked Questions about Covington/Maple Valley

What type of rentals are currently available in Covington/Maple Valley?

There are currently 51 Apartments for Rent in Covington/Maple Valley, WA with pricing that ranges from $1,245 to $5,570. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Covington/Maple Valley ranging from $1,595 to $6,500.

What is the current price range for Rental Homes in Covington/Maple Valley?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Covington/Maple Valley ranges from $1,595 to $6,500 with an average monthly rent of $2,922.

How much are larger Three and Four Bedroom Rentals in Covington/Maple Valley?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Covington/Maple Valley range from $1,993 to $4,209, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,450 to $3,200. Four Bedroom Single-Family rentals are also available starting from $3,200 and Four Bedroom Apartments start at $2,333.

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

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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.

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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.

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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.

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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.