1 Day Ago
Highlights
Pet Friendly
Location
515 Oak Terrace Dr, Covington, GA 30016, USA
Tour 515 Oak Terrace Dr
Contact
FirstKey Homes Atlanta
Nearby rentals
Renter hub
Property management
Apartments for rent AtlantaApartments for rent DecaturApartments for rent LawrencevilleApartments for rent RiverdaleApartments for rent Stone MountainApartments for rent McDonoughApartments for rent JonesboroApartments for rent CovingtonApartments for rent MariettaApartments for rent LoganvilleApartments for rent ConyersApartments for rent LithoniaApartments for rent SnellvilleApartments for rent College ParkApartments for rent AcworthApartments Near Me
Houses for rent AtlantaHouses for rent MidtownHouses for rent Morningside - Lenox ParkHouses for rent SmyrnaHouses for rent North BuckheadHouses for rent BrookhavenHouses for rent Old Fourth WardHouses for rent AlpharettaHouses for rent Virginia HighlandHouses for rent Home ParkHouses for rent Forest ParkHouses for rent Custer - Mcdonough - GuiceHouses for rent ReynoldstownHouses for rent ScottdaleHouses for rent West VillageHouses for rent near me
Amenities for 515 Oak Terrace Dr
Building
| Cats OK | Dogs OK |
Grounds
| Swimming Pool |
Services
| On-Site Management |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Advertisement
About 515 Oak Terrace Dr
We make Pre-Leasing easy! Apply now and, once you’re approved, take this home off the market by paying a Pre-Lease Hold Fee; ask your Leasing Professional for more information. Once the home is made ready, we'll notify you that it's available for touring and for you to accept or decline. If you decline the home, we'll be happy to help you find a different home or refund your Hold Fee. This home is currently occupied and coming soon; please respect the current resident’s privacy and do not disturb. Please note that the advertised price may exclude additional fees. These include a mandatory $55 application fee per applicant; a one-time $75 admin fee; a $11 monthly utility management fee; fees for amenities like smart home or internet service; and optional conditional fees for services like self-guided tours with third-party provider Rently ($1.99 to $11.99), pet fees/rent, or pool maintenance, if applicable. HOA application and amenity fees, where applicable, are paid directly to the HOA. Get rewarded for rental payments and more through FirstKey Homes Rewards - a rewarding and fun loyalty program. Get the home you want and the value you deserve with FirstKey Homes. Use our website to Apply Online, Schedule a Self-Tour, Review Resident Qualifications or Search More Homes; or contact our leasing department for help today. Pets are welcome. Apply soon, homes can go fast! 4 bedroom, 2. 5 bathroom rental home in Covington, GA, may be just the home for you. FirstKey Homes, LLC is an Equal Housing Lessor under the FHA. Applicable local, state and federal laws may apply. Lease terms and conditions apply. This is not an offer to rent—you must submit additional information for review and approval. Listed features may not be accurate; confirm details with a leasing representative. Certain cities and municipalities – including St. Louis and Chicago – require a home inspection prior to a new resident taking possession of the home. If you are leasing a home in one of these areas, please note that your move-in date could be adjusted to accommodate inspection requirements. Please ask your leasing agent for more details. BEWARE OF RENTAL SCAMS: FirstKey Homes exclusively manages our homes (no third-party management). We do not lease homes through, SocialServe, LetGo, Facebook Marketplace or other classified advertising services. All applications and lease signing can only be completed through FirstKeyHomes. com using the RentCafe portal. We will never ask for wire transfers, cash apps like Venmo, Zelle, CashApp PayPal, or any other transferring method to collect funds. See FirstKey Homes website for full details and conditions. Listing photos are provided to help you select a home; all photos shown are for representative and illustrative purposes only but may not be exact. Colors and photo size may vary based on different resolutions, hue, brightness, contrast, or other photo variations. Photos on websites may be modified, changed, or amended at any time. For new construction homes, actual homes may vary, photos may be of similar home/floorplan, home may be under construction and photos may not be of actual home, individual homes, amenities, features, and views may differ. If you have any concerns, please schedule a tour prior to applying or leasing the listed home. Contact us to schedule a showing.
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 515 Oak Terrace Dr compares to other nearby properties.
Positives
- Images Available
- There are at least 10 photos of this address
Considerations
- Grow a garden indoors
- A balcony, backyard, or shared outdoor space isn't available
Address details
| Zip code | 30016 |
|---|---|
| Type | House for rent |
Get the latest listings anytime, anywhere
Receive similar listings in the area, download our app, and more.
Rent trends in Covington
4-bedroom apartments at 515 Oak Terrace Dr cost about 21% more than the average rent price for 4-bedroom apartments in Covington.
Median rents as of Nov 1 2025.
Covington
| Month | Median Rent |
|---|---|
| November 2023 | $1,962 |
| December 2023 | $1,995 |
| January 2024 | $1,992 |
| February 2024 | $2,097 |
| March 2024 | $2,110 |
| April 2024 | $2,137 |
| May 2024 | $2,101 |
| June 2024 | $2,084 |
| July 2024 | $2,083 |
| August 2024 | $1,997 |
| September 2024 | $1,978 |
| October 2024 | $1,958 |
| November 2024 | $2,011 |
| December 2024 | $2,048 |
| January 2025 | $2,035 |
| February 2025 | $2,031 |
| March 2025 | $2,041 |
| April 2025 | $2,091 |
| May 2025 | $2,100 |
| June 2025 | $2,069 |
| July 2025 | $2,063 |
| August 2025 | $2,014 |
| September 2025 | $1,976 |
| October 2025 | $1,989 |
| November 2025 | $1,995 |
Affordability calculator
Can I afford to live at 515 Oak Terrace Dr?
Bedrooms
4+ 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
$96,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $96,800 annually to afford this 4-bedrooms monthly rent price of $2,420.
For more information on rent affordability, visit our rent calculator.
Schools near 515 Oak Terrace Dr
Live Oak Elementary School
500 kirkland rd
covington, GA, 30016
PK, K-5Public
C
Newton County Theme School at Ficquett
2207 williams st ne
covington, GA, 30014
K-8Public
B+
Advertisement
Internet available near 515 Oak Terrace Dr
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Covington near 515 Oak Terrace Dr
Walking
2/10
You’ll need another mode of transportation for getting around. Scooter, anyone?
Driving
9/10
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.
Points of interest for 515 Oak Terrace Dr, Covington
Groceries
3/10
At least one grocery store within a 30-minute walk
Shopping
2/10
Few or no shops within walking distance
Cafes
1/10
Few or no cafés within walking distance
Restaurants
2/10
Few or no restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 20-minute walk
High schools
1/10
No high schools within a 30-minute walk
Parks
2/10
Minimal park space nearby
Nightlife
0/10
Few or no bars within walking distance
Compare similar properties nearby
- dogs and cats ok
- in-unit laundry
- balcony
- dogs and cats ok
- in-unit laundry
- balcony
Wesley Stonecrest Apartments at Lithonia
Our team has verified this company100 Wesley Stonecrest Cir
3 Beds
N/A
- dogs and cats ok
- in-unit laundry
- balcony
- dogs and cats ok
- in-unit laundry
- balcony
- dogs and cats ok
- in-unit laundry
- balcony
- dogs and cats ok
- in-unit laundry
- balcony
- dogs and cats ok
- in-unit laundry
- balcony
- dogs and cats ok
- in-unit laundry
- balcony
- dogs and cats ok
- in-unit laundry
- balcony
- dogs and cats ok
- in-unit laundry
- balcony
Wesley Stonecrest Apartments at Lithonia
Our team has verified this company100 Wesley Stonecrest Cir
3 Beds
N/A
- dogs and cats ok
- in-unit laundry
- balcony
- dogs and cats ok
- in-unit laundry
- balcony
- dogs and cats ok
- in-unit laundry
- balcony
- dogs and cats ok
- in-unit laundry
- balcony
- dogs and cats ok
- in-unit laundry
- balcony
- dogs and cats ok
- in-unit laundry
- balcony
Check availability
Advertisement