5+ Days Ago
Location
418 Wallace Ave #1, Covington, KY 41014, USA
Hi! Let’s figure out if this property is right for you.
Powered by Zumper AI
Nearby rentals
Renter hub
Property management
Apartments for rent CincinnatiApartments for rent MiddletownApartments for rent AmeliaApartments for rent Over-The RhineApartments for rent LebanonApartments for rent MasonApartments for rent MainevilleApartments for rent HamiltonApartments for rent Mount AuburnApartments for rent CovingtonApartments for rent FlorenceApartments for rent TrentonApartments for rent West Price HillApartments for rent CentervilleApartments for rent MonroeApartments Near Me
Houses for rent CincinnatiHouses for rent AmeliaHouses for rent HamiltonHouses for rent Sayler ParkHouses for rent Winton PlaceHouses for rent The HeightsHouses for rent FairfieldHouses for rent FlorenceHouses for rent MasonHouses for rent AlexandriaHouses for rent CentervilleHouses for rent DaytonHouses for rent CovingtonHouses for rent BataviaHouses for rent East Price HillHouses for rent near me
Property Overview
418 Wallace Avenue, Unit 1 delivers a strong all-around experience, with an expert rating of 7.4/10 reflecting its competitive pricing, detailed and transparent listing, and standout amenities. Residents benefit from a highly rated 9/10 location offering excellent access to key destinations and transit options, plus top-tier value per square foot and ample photos that help set clear expectations about the home.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “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- Images Available
Great for
Pet owners
Floor plans
| 418 Wallace Avenue, Unit 1 | 2 bed | 1 bath | 1,000 sqft | $1,600 /mo | 2 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. |
Let's explore this property.
Amenities for 418 Wallace Avenue, Unit 1
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
| Lease terms | 12+ months |
|---|
Advertisement
About 418 Wallace Avenue, Unit 1
2 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.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
7.4
/10
Very Good418 Wallace Avenue, Unit 1 is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
Price·7A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
While the monthly rent is more than the median price per bedroom of nearby properties, 418 Wallace Avenue, Unit 1 has other amenities and features that might compensate for the increased price. The higher monthly rent potentially reflects a higher quality of living that renters might find here, compared to other properties in the area.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 418 Wallace Avenue, Unit 1 is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
418 Wallace Avenue, Unit 1 is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 418 Wallace Avenue, Unit 1 does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
418 Wallace Avenue, Unit 1 provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
418 Wallace Avenue, Unit 1 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 418 Wallace Avenue, Unit 1 compares to other nearby properties.
Positives
- More space
- The 2-bedroom is 100 sqft larger than other listings nearby
- Images Available
- There are at least 10 photos of this address
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 0.4 mile away
Get the latest listings anytime, anywhere
Receive similar listings in the area, download our app, and more.
Rent trends in Covington
2-bedroom apartments at 418 Wallace Avenue, Unit 1 cost about 3% more than the average rent price for 2-bedroom apartments in Covington.
Median rents as of Apr 18 2026.
Covington
| Month | Median Rent |
|---|---|
| May 2024 | $1,232 |
| June 2024 | $1,222 |
| 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 | $1,234 |
Affordability calculator
Can I afford to live at 418 Wallace Ave #1?
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
$64,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $64,000 annually to afford this 2-bedrooms monthly rent price of $1,600.
For more information on rent affordability, visit our rent calculator.
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
Advertisement
Internet available near 418 Wallace Avenue, Unit 1
Neighborhood
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
Explore the area around 418 Wallace Ave #1
J One Market
1928 Madison Ave
H & W Grocery LLC
424 E 16th St
Bill's Food Market
308 W 19th St
Kroger
1525 Madison Ave
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
Gardening Seamstress LLC
3702 Decoursey Ave
The Roost Latonia
3616 Decoursey Ave
Left Bank Coffeehouse
701 Greenup St
Artisan Coffee Bar
638 Madison Ave
Point Perk
45 W Pike St
BIGGBY Coffee
1811 Monmouth St
Bobby Mackey
44 Licking Pike
Bambooz Bar & Grill
501 Licking Pike
Zippity Doo Dog Saloon
439 W 12th St
Legends Bar & Grill
3530 Decoursey Ave
Wunderbar
1132 Lee St
Aunt Millie's Bakeries
1600 Russell St
Kroger Bakery
1525 Madison Ave
Brix Organic Produce LLC
46 W 28th St
Emerson's Bakery
3612 Decoursey Ave
Gliers Meats Inc
533 Goetta Pl
Park
Austinburg Park
Bartlett Field
30th and Decoursey Park
Park
Queseria & Deli Don Nacho Corp
208 E 20th St
Dixie Chili & Deli
2421 Madison Ave
Endzone Pizza
2607 Madison Ave
Papa Johns
1602 Madison Ave
Little Caesars
1607 Madison Ave
Eastern / Wallace
Eastern Ave / Crestview Hills
Eastern / 21st
Eastern Ave / Crestview Hills
Eastern / 21st
Eastern Ave / Crestview Hills
Eastern / 20th
Eastern Ave / Crestview Hills
Eastern / 20th
Eastern Ave / Crestview Hills
Compare similar properties nearby
American Can Lofts
Our team has verified this companyNorthside • 4101 Spring Grove Ave Unit B
1–2 Beds
$1,405–$2,530
- cats ok
- swimming pool
- fitness center
Blue Valley Flats
Our team has verified this companyMount Washington • 6246 Corbly Rd
1–3 Beds
$1,062–$1,491
- cats ok
- swimming pool
- fitness center
The Village at Stetson Square
Our team has verified this companyCorryville • 3010 Eden Ave
1–2 Beds
$1,860–$2,720
- cats ok
- swimming pool
- fitness center
Industry Cincinnati
Our team has verified this companyCentral Business District • 1118 Sycamore St
1–2 Beds
$1,324–$3,616
- cats ok
- swimming pool
- fitness center
The Views of Mt Airy
Our team has verified this companyMount Airy • 2992 High Forest Ln
1–2 Beds
$1,000–$1,225
- cats ok
- swimming pool
- fitness center
Cambridge Square of Covington
Our team has verified this company101 Promontory Dr
1–3 Beds
$1,147–$1,633
- cats ok
- swimming pool
- fitness center
- cats ok
- swimming pool
- fitness center
- cats ok
- swimming pool
- fitness center
American Can Lofts
Our team has verified this companyNorthside • 4101 Spring Grove Ave Unit B
1–2 Beds
$1,405–$2,530
- cats ok
- swimming pool
- fitness center
Blue Valley Flats
Our team has verified this companyMount Washington • 6246 Corbly Rd
1–3 Beds
$1,062–$1,491
- cats ok
- swimming pool
- fitness center
The Village at Stetson Square
Our team has verified this companyCorryville • 3010 Eden Ave
1–2 Beds
$1,860–$2,720
- cats ok
- swimming pool
- fitness center
Industry Cincinnati
Our team has verified this companyCentral Business District • 1118 Sycamore St
1–2 Beds
$1,324–$3,616
- cats ok
- swimming pool
- fitness center
The Views of Mt Airy
Our team has verified this companyMount Airy • 2992 High Forest Ln
1–2 Beds
$1,000–$1,225
- cats ok
- swimming pool
- fitness center
Cambridge Square of Covington
Our team has verified this company101 Promontory Dr
1–3 Beds
$1,147–$1,633
- cats ok
- swimming pool
- fitness center
- cats ok
- swimming pool
- fitness center
- cats ok
- swimming pool
- fitness center