Updated 2 Days Ago
Highlights
- Hardwood floors
- On site laundry facilities
- 2 closets
Location
111 Wallace Ave, Covington, KY 41014, USA
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Property Overview
111 Wallace Avenue features hardwood floors, on-site laundry facilities, and two closets, offering practical everyday convenience. The property stands out for its clean, functional features and straightforward appeal, with no additional pros listed in the provided information.
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
High school nearby- Less expensive
- Middle school nearby
Great for
Pet owners
Floor plans
| 0BR/1.0BA | Studio | 1 bath | 400 sqft | $700 /mo | 1 unit available | This third floor one room studio is in the heart of the beautiful tree lined Wallace Woods neighborhood. It boasts hardwood floors in the main living space and with it's architectural ceiling lines, it doesn't lack any charm. You enter into a cute efficient kitchen equipped with a stove and a refrigerator with room for a dinette. The bathroom is quite gracious with tasteful tile finishes. The main room for sleeping also has a nook with additional space for a home office. There are 2 closets in this studio. The only utility bill you will pay is electric as this apartment includes heat and hot water. Tenant is responsible for providing their own AC window units. Laundry facilities are conveniently located on site in the basement. This studio offers street parking. Our cozy studios rent quickly so don't hesitate to make an appointment and check it out. To be pre-qualified you'll need verifiable monthly income for at least 3x the rent and can pass a credit and criminal background check. Sorry, no co-signers, housing vouchers, or dogs accepted at this property. *If you wish to apply, it is our company policy to require an in person showing prior to processing an application. For more information about Gastright Properties along with our other vacancies please visit us at www gastrightproperties com |
Let's explore this property.
Amenities for 111 Wallace Avenue
Apartment Amenities
| Central Heat | Heating |
Appliances
| In-Unit Laundry | On-Site Washer & Dryer |
| Range | Refrigerator |
| Stove |
Building
| Dogs OK |
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
Not allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Units | 7 |
|---|
About 111 Wallace Avenue
This third floor one room studio is in the heart of the beautiful tree lined Wallace Woods neighborhood. It boasts hardwood floors in the main living space and with it's architectural ceiling lines, it doesn't lack any charm. You enter into a cute efficient kitchen equipped with a stove and a refrigerator with room for a dinette. The bathroom is quite gracious with tasteful tile finishes. The main room for sleeping also has a nook with additional space for a home office. There are 2 closets in this studio. The only utility bill you will pay is electric as this apartment includes heat and hot water. Tenant is responsible for providing their own AC window units. Laundry facilities are conveniently located on site in the basement. This studio offers street parking. Our cozy studios rent quickly so don't hesitate to make an appointment and check it out. To be pre-qualified you'll need verifiable monthly income for at least 3x the rent and can pass a credit and criminal background check. Sorry, no co-signers, housing vouchers, or dogs accepted at this property. *If you wish to apply, it is our company policy to require an in person showing prior to processing an application. For more information about Gastright Properties along with our other vacancies please visit us at www gastrightproperties com
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.
8.6
/10
Very GoodWith a solid 8.6 out of 10 overall, 111 Wallace Avenue is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 111 Wallace Avenue has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A 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.
111 Wallace Avenue offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·9A 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.
111 Wallace Avenue goes above and beyond to provide sought-after conveniences and desirable perks, including dogs allowed. Renters looking for popular or luxurious features will find them here—and for that reason, 111 Wallace Avenue receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
111 Wallace Avenue 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 111 Wallace Avenue does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A 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.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
111 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 111 Wallace Avenue compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.2 miles away
- Less expensive
- Studio units are cheaper than other similar listings nearby
- Middle school nearby
- There is a middle school 0.3 miles away
- Central heat
- Climate controlled environment
- Eco-friendly trash disposal
- This property has recycling pickup
Considerations
- Lacks images
- Fewer than 5 photos available for this property
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Rent trends in Covington
studio apartments at 111 Wallace Avenue cost about 49% less than the average rent price for studio apartments in Covington.
Median rents as of Oct 17 2026.
Covington
| Month | Median Rent |
|---|---|
| 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 | $1,391 |
| July 2026 | $1,475 |
| August 2026 | $1,499 |
| September 2026 | $1,448 |
| October 2026 | $1,396 |
Affordability calculator
Can I afford to live at 111 Wallace Ave?
Bedrooms
StudioRent-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
$28,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $28,000 annually to afford this studio monthly rent price of $700.
For more information on rent affordability, visit our rent calculator.
Schools near 111 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
Getting around Covington near 111 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 111 Wallace Ave, 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
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
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