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Updated 5+ Days Ago

Highlights

  • Stainless steel appliances
  • Granite countertops
  • New bathroom
  • Laundry hookups on premises
  • Large screened in back patio
  • Brand new kitchen

Location

418 Wallace Ave #1, Covington, KY 41014, USA
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Property Overview

418 Wallace Avenue, Unit 1 is a competitively priced rental with a strong overall Zumper expert rating (7.4/10), highlighted by excellent location (9/10) and amenities (8/10) scores. The home features a brand new kitchen with stainless steel appliances, granite countertops, a new bathroom, laundry hookups on-site, and a large screened-in back patio. With detailed listing information, 12 photos, strong value per square foot, nearby top-rated schooling options, and reasonable access to public transportation, it presents a compelling option for many renters.

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
  • More space
  • Images Available

Great for

  • Pet owners

Floor plans

418 Wallace Avenue, Unit 12 bed1 bath1,000 sqft2 Bedroom 1 Bath in prime Wallace Woods location. Fully renovated in 2022 with brand new kitchen with granite countertops and stainless steel appliances, new bathroom with luxury marble shower, fresh paint on all the walls (these photos were taken before the renovation- new photos are available upon request). Original refinished hardwoods, historic home and neighborhood. One car garage parking. Lots of storage! Laundry hookups on premises. Big front patio. Large screened in back patio. No Dogs.

Available rentals nearby

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Cambridge Square of Covington

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101 Promontory Dr

2 Beds

$1,333

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
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Brookstone Crossing Apartments

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6416 Ridgeline Dr

2 Beds

N/A

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Elevation 800

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2220 Cityscape Dr

2 Beds

$1,930–$2,030

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
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The Colony Apartments

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3800 Locke St

2 Beds

$1,134

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
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Andover

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719 Sharon Drive

2 Beds

N/A

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Lakeside Landing Apartments

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67 Blue Stone Ct

2 Beds

$1,215–$1,420

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
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Seminary Square Lofts

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832 Banklick St

2 Beds

N/A

featured image of 109 Wrights Point Dr

Wrights Point

Our team has verified this company

109 Wrights Point Dr

2 Beds

$1,435–$1,964

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
featured image of 101 Promontory Dr

Cambridge Square of Covington

Our team has verified this company

101 Promontory Dr

2 Beds

$1,333

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
featured image of 6416 Ridgeline Dr

Brookstone Crossing Apartments

Our team has verified this company

6416 Ridgeline Dr

2 Beds

N/A

featured image of 2220 Cityscape Dr

Elevation 800

Our team has verified this company

2220 Cityscape Dr

2 Beds

$1,930–$2,030

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
featured image of 3800 Locke St

The Colony Apartments

Our team has verified this company

3800 Locke St

2 Beds

$1,134

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
featured image of 719 Sharon Drive

Andover

Our team has verified this company

719 Sharon Drive

2 Beds

N/A

featured image of 67 Blue Stone Ct

Lakeside Landing Apartments

Our team has verified this company

67 Blue Stone Ct

2 Beds

$1,215–$1,420

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
featured image of 832 Banklick St

Seminary Square Lofts

Our team has verified this company

832 Banklick St

2 Beds

N/A

featured image of 109 Wrights Point Dr

Wrights Point

Our team has verified this company

109 Wrights Point Dr

2 Beds

$1,435–$1,964

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.

Rent trends in Covington

Median rents as of Oct 24 2026.
Covington
A table of studio rental data trends in Covington
MonthMedian Rent
November 2024$922
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$1,391
July 2026$1,475
August 2026$1,499
September 2026$1,448
October 2026$1,374

Schools near 418 Wallace Avenue, Unit 1

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

Southgate Public School

6 william f blatt ave

southgate, KY, 41071

PK, K-8Public
C

Newport School of Innovation

30 west 8th st

newport, KY, 41071

K-12Public

Transformational Learning Center

200 home rd

covington, KY, 41011

K-12Public
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Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Covington near 418 Wallace Ave #1

Walking

5/10
Some shops and stores are within a few minutes.

Driving

7/10
This area is close to freeways and has adequate parking options.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 418 Wallace Ave #1, Covington

Groceries

8/10
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

9/10
At least one elementary school within a 10-minute walk

High schools

8/10
At least one high school within a 10-minute walk

Parks

7/10
Large amount of park space nearby

Nightlife

4/10
Some bars within a few minutes’ walk

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