2 Days Ago
Location
514 Madison Ave #300, Covington, KY 41011, USA
Tour 514 Madison Ave #300
Contact
Orleans Development
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Property Overview
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space
Great for
Social life
Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 514 Madison Ave #300
Located in the heart of Covington's 5th and Madison area, this NY / Loft-style has so much to see... This unit has a large great room w/original hardwood floors, exposed brick, 17-foot ceilings, upscale lighting, and a kitchen area with a breakfast bar!! This unit has 2 bedrooms, 2 full bathrooms, a washer/dryer, great view of skyline from private deck, 1-car parking space (private lot and extra parking available in the same lot). This home is within walking distance of downtown Cincinnati, Covington Roebeling Restaurant Area, Mainstrasse, The Madison, Hotel Covington, Braxton Brewing, and Newport. Details for this home include: Hardwood Floors, Exposed Brick, Ceramic Tile (Master bathroom floor / shower), Jacuzzi tub, Upscale Lighting, High-ceilings, Washer/Dryer included, must see!
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 514 Madison Ave #300 compares to other nearby properties.
Positives
- More space
- The 2-bedroom is 430 sqft larger than other listings nearby
Considerations
- Greater distance from high schools
- The nearest high school is farther than 2 miles away
- Greater distance from grade schools
- The nearest elementary school is farther than 0.5 mile away
Address details
| Zip code | 41011 |
|---|---|
| Type | Apartment for rent |
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Rent trends in Covington
2-bedroom apartments at 514 Madison Ave #300 cost about 20% more than the average rent price for 2-bedroom apartments in Covington.
Median rents as of Apr 11 2026.
Covington
| Month | Median Rent |
|---|---|
| April 2024 | $1,363 |
| May 2024 | $1,557 |
| June 2024 | $1,677 |
| July 2024 | $1,741 |
| August 2024 | $1,684 |
| September 2024 | $1,654 |
| October 2024 | $1,547 |
| November 2024 | $1,455 |
| December 2024 | $1,554 |
| January 2025 | $1,713 |
| February 2025 | $1,702 |
| March 2025 | $1,575 |
| April 2025 | $1,517 |
| May 2025 | $1,504 |
| June 2025 | $1,406 |
| July 2025 | $1,458 |
| August 2025 | $1,440 |
| September 2025 | $1,415 |
| October 2025 | $1,406 |
| November 2025 | $1,477 |
| December 2025 | $1,341 |
| January 2026 | $1,435 |
| February 2026 | $1,534 |
| March 2026 | $1,500 |
| April 2026 | $1,500 |
Affordability calculator
Can I afford to live at 514 Madison Ave #300?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$72,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $72,000 annually to afford this 2-bedrooms monthly rent price of $1,800.
For more information on rent affordability, visit our rent calculator.
Schools near 514 Madison Ave #300
John G. Carlisle Elementary School
910 holman st
covington, KY, 41011
K-5Public
B-
Biggs Early Childhood Education Center
1124 scott blvd
covington, KY, 41011
PKPublic
Newport School of Innovation
30 west 8th st
newport, KY, 41071
K-12Public
Transformational Learning Center
200 home rd
covington, KY, 41011
K-12Public
Cincinnati Digital Academy
425 ezzard charles dr
cincinnati, OH, 45203
K-12Public
C-
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Internet available near 514 Madison Ave #300
Getting around Covington near 514 Madison Ave #300
Walking
9/10
No car? No problem. Everything you need is within a few blocks.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
7/10
Popular public transit options are just a short walk from this location.
Points of interest for 514 Madison Ave #300, Covington
Groceries
9/10
At least one grocery store within a few minutes' walk
Shopping
7/10
Variety of shops within walking distance
Cafes
6/10
Some cafés within walking distance
Restaurants
8/10
Variety of restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
5/10
At least one high school within a 30-minute walk
Parks
7/10
Moderate amount of park space nearby
Nightlife
10/10
Variety of bars right on the street
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