19 Hours Ago
Highlights
- Large rooms
- Private entry
- Laundry hook-ups
- W/d hookups
- Spacious layout
- Exposed brick
Location
7 Wallace Ave, Covington, KY 41014, USA
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Property Overview
7 Wallace Avenue offers a compelling living experience highlighted by large rooms, a private entry, and laundry hook-ups within a spacious layout featuring exposed brick. With an impressive Zumper expert rating of 8.6, excellent price and amenities ratings, and a prime location near top-rated schools and pet services, this property stands out as an attractive option for renters seeking quality and convenience. Additionally, its transparency in listing details enhances trustworthiness for potential residents.
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
High school nearby- Dishwasher
Great for
Pet owners
Floor plans
| 2BR/2.0BA | 2 bed | 2 bath | 810 sqft | $1,295 /mo | 1 unit available | Welcome to the desirable Wallace Woods neighborhood in Covington, KY! This beautiful fully renovated 2bed 2bath first floor apartment offers a unique blend of historic charm and modern convenience. Boasting all hardwood floors, original wood trim, exposed brick, and a gorgeous wood carved mantle, this apartment exudes character. Enjoy the spacious layout with large rooms and tall windows that flood the space with natural light, all window blinds are included. The large kitchen island is perfect for meal prep and entertaining. There are two full bathrooms including a private ensuite bath in the primary bedroom with new finishes and fixtures. Additional amenities include a shared backyard, 2 private porches, w/d hookups and central air! Don't miss out on this opportunity to call this stunning apartment home. This is a must see and will not last long on our vacancy list so make an appointment as soon as you can! This property has street parking. Tenants are responsible for paying the gas and electricity. Owner pays water, sanitation, and trash collection fees. SORRY, no dogs, smokers, co-signers or housing vouchers accepted. Cats are welcome with an additional $150 pet deposit. If you don't have a W/D, a set is available for an additional monthly rental fee of $50. |
Let's explore this property.
Amenities for 7 Wallace Avenue
Building
| Cats OK |
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
Not allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Units | 2 |
|---|
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About 7 Wallace Avenue
Welcome to the desirable Wallace Woods neighborhood in Covington, KY! This beautiful fully renovated 2bed 2bath first floor apartment offers a unique blend of historic charm and modern convenience. Boasting all hardwood floors, original wood trim, exposed brick, and a gorgeous wood carved mantle, this apartment exudes character. Enjoy the spacious layout with large rooms and tall windows that flood the space with natural light, all window blinds are included. The large kitchen island is perfect for meal prep and entertaining. There are two full bathrooms including a private ensuite bath in the primary bedroom with new finishes and fixtures. Additional amenities include a shared backyard, 2 private porches, w/d hookups and central air! Don't miss out on this opportunity to call this stunning apartment home. This is a must see and will not last long on our vacancy list so make an appointment as soon as you can! This property has street parking. Tenants are responsible for paying the gas and electricity. Owner pays water, sanitation, and trash collection fees. SORRY, no dogs, smokers, co-signers or housing vouchers accepted. Cats are welcome with an additional $150 pet deposit. If you don't have a W/D, a set is available for an additional monthly rental fee of $50.
7 Wallace Avenue is great for:
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 7 Wallace Avenue compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.3 mile away
- Dishwasher
- Dishwasher available in kitchen
Considerations
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Covington
2-bedroom apartments at 7 Wallace Avenue cost about 28% less than the average rent price for 2-bedroom apartments in Covington.
Median rents as of Jun 13 2026.
Covington
| Month | Median Rent |
|---|---|
| June 2024 | $1,225 |
| July 2024 | $1,301 |
| August 2024 | $1,219 |
| September 2024 | $1,267 |
| October 2024 | $1,066 |
| November 2024 | $937 |
| December 2024 | $1,053 |
| January 2025 | $1,158 |
| February 2025 | $1,077 |
| March 2025 | $1,089 |
| April 2025 | $1,243 |
| May 2025 | $1,279 |
| June 2025 | $1,253 |
| July 2025 | $1,190 |
| August 2025 | $1,239 |
| September 2025 | $1,325 |
| October 2025 | $1,341 |
| November 2025 | $1,330 |
| December 2025 | $1,132 |
| January 2026 | $1,201 |
| February 2026 | $1,362 |
| March 2026 | $1,445 |
| April 2026 | $1,257 |
| May 2026 | $1,370 |
| June 2026 | $1,364 |
Affordability calculator
Can I afford to live at 7 Wallace Ave?
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
$51,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $51,800 annually to afford this 2-bedrooms monthly rent price of $1,295.
For more information on rent affordability, visit our rent calculator.
Schools near 7 Wallace Avenue
Sixth District Elementary School
19th and maryland
covington, KY, 41014
K-5Public
C
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
Southgate Public School
6 william f blatt ave
southgate, KY, 41071
PK, K-8Public
C
Transformational Learning Center
200 home rd
covington, KY, 41011
K-12Public
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Internet available near 7 Wallace Avenue
Getting around Covington near 7 Wallace Ave
Walking
5/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
4/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
4/10
There are a few mass transit options within the area.
Points of interest for 7 Wallace Ave, Covington
Groceries
9/10
At least one supermarket within a 10-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
3/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 15-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Parks
6/10
Large amount of park space nearby
Nightlife
5/10
Some bars within a few minutes’ walk
Explore the area around 7 Wallace Ave
Bill's Food Market
308 W 19th St
Kroger
1525 Madison Ave
Woodburn Market
1601 Woodburn Ave
H & W Grocery LLC
424 E 16th St
Zury Grocery
1432 Madison Ave
Family Dollar
1616 Madison Ave
Family Dollar
32 E 32nd St
Donna Salyers' Fabulous-Bridal
20 W 11th St
Donna Salyers' Fabulous-Furs
20 W 11th St
Inspired Fashion
827 Madison Ave
The Roost Latonia
3616 Decoursey Ave
Left Bank Coffeehouse
701 Greenup St
Point Perk
45 W Pike St
Artisan Coffee Bar
638 Madison Ave
Reality Tuesday Cafe
1518 Dixie Hwy
Bobby Mackey
44 Licking Pike
Wunderbar
1132 Lee St
Legends Bar & Grill
3530 Decoursey Ave
Anchor Grill
438 Pike St
404 W Pike Street LLC
404 Pike St
Aunt Millie's Bakeries
1600 Russell St
Kroger Bakery
1525 Madison Ave
Brix Organic Produce LLC
46 W 28th St
Gliers Meats Inc
533 Goetta Pl
Emerson's Bakery
3612 Decoursey Ave
Park
Park
Playground
Playground
Playground
Dixie Chili & Deli
2421 Madison Ave
Queseria & Deli Don Nacho Corp
208 E 20th St
Endzone Pizza
2607 Madison Ave
Little Caesars
1607 Madison Ave
Papa Johns
1602 Madison Ave
Madison / Wallace
Madison Ave / Latonia, Holman Ave / Fort Wright, Holmes HS #5 PM, Holmes HS #6 PM
Madison / Sterrett
Holman Ave / Fort Wright, Holmes HS #5 PM, Holmes HS #6 PM, Madison Ave / Latonia
Madison / Wallace
Holmes HS #1 AM, Holmes HS #5 PM, Holman Ave / Fort Wright, Holmes HS #9 PM, Madison Ave / Latonia, Holmes HS #2 PM
Madison / Sterrett
Holmes HS #1 AM, Holmes HS #5 PM, Holman Ave / Fort Wright, Madison Ave / Latonia, Holmes HS #9 PM, Holmes HS #2 PM
Madison / 24th
Holmes HS #5 PM, Holman Ave / Fort Wright, Madison Ave / Latonia, Holmes HS #2 PM, Holmes HS #1 AM, Holmes HS #9 PM
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