Bedroom count
Property type
Last updated on June 14, 2026
Average rent in
Covington, KY
Average rent in
Last updated on June 14, 2026
Bedroom count
Property type
Key takeaways for renters
The bottom line
Covington, KY rent rose 12.9% year over year, with a current median of $1,660/month. Renters today are paying $293 more per month on average than last year, with rent holding steady month to month after a recent peak in March 2026.
Compared to national trends
Covington is 14.9% more affordable than the $1,950/month national median, positioning it as a moderately priced market with 56 total rentals available for choice.
Rent ranges by bedroom
Studios in Covington run around $1,325/month, 1-bedrooms at $1,595/month, 2-bedrooms at $1,800/month, 3-bedrooms at $2,182/month, and 4+ bedrooms at $3,000/month. The inventory is weighted toward 1-bedroom units, which make up 40.3% of total rentals.
Neighborhood spotlight
The 1-bedroom segment in Covington increased 37.5% year over year, outpacing the citywide growth of 12.9%. This divergence shows stronger rent growth in smaller units compared to the overall market.
Median rent
Median rent in Covington
$1,660/mo
13%vs previous year
The average rent in Covington is $1,660 per month as of June 2026. This is 15% below the national average rent, or $290 less per month.
average price per square foot
Total rentals
Available rentals in Covington
56
for rent on Zumper.com as of June 2026
Rent price distribution
Share of Covington rentals at each price point
Rent trends in Covington, KY
Average rent prices in Covington have remained the same over the last month and have increased by 13% since last year.
Rent trends
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Compare rent prices in
Covington, KY
Rent prices in Covington vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Covington is $1,633, whereas a house costs $1,924. 1-bedroom apartments in Covington run $1,595 on average, while 2-bedroom apartments are $1,910.
Listings | ||||
|---|---|---|---|---|
Studio | $1,325 |  1% | 1% | |
1 bedroom | $1,595 | 1% | 21% | |
2 bedroom | $1,800 | No Change | 36% | |
3 bedroom | $2,182 | 3% | 12% | |
4 bedroom | $3,000 | 11% | 34% |
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Covington, KY.
Listings | ||||
|---|---|---|---|---|
Apartments | $1,633 | 2% | No Change | |
Condos | $1,700 | 12% | No Change | |
Houses | $1,924 | 17% | No Change | |
Rooms | $650 | No Change | - |
Studio
Average rent
$1,325
Last 30 days
1%
Last year
1%
1 bedroom
Average rent
$1,595
Last 30 days
1%
Last year
21%
2 bedroom
Average rent
$1,800
Last 30 days
No Change
Last year
36%
3 bedroom
Average rent
$2,182
Last 30 days
3%
Last year
12%
4 bedroom
Average rent
$3,000
Last 30 days
11%
Last year
34%
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Covington, KY.
Apartments
Average rent
$1,633
Last 30 days
2%
Condos
Average rent
$1,700
Last 30 days
12%
Houses
Average rent
$1,924
Last 30 days
17%
Rooms
Average rent
$650
The table above reflects average rent prices in Covington, KY, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.
How does rent in Covington, KY compare to other cities?
Compare median rent prices in Covington and Bellevue by all bedroom counts and property types.
Covington
15%lower than the national median
15%lower than the national median
Takeaway
The median rent for all rentals in Covington, KY is equal to the median rent in Bellevue, KY.
Average rent in nearby cities
Explore rent trends in neighboring markets
$1,663
9%$1,137
11%$1,395
$1,607
15%$1,475
11%$1,662
11%$1,477
23%$1,475
$1,660
7%$1,651
1%$1,400
20%$1,835
Cost of living in Covington, KY
Explore the cost of essential expenses, and then use our rent calculator to find out how much rent you can afford.
Expenses accrued by most renters | Average cost compared to national average |
|---|---|
| Goods & Services | 8% lower |
| Groceries | 11% lower |
| Health | 2% higher |
| Housing | 28% lower |
| Transportation | 2% higher |
| Utilities | 7% lower |
Discover rentals in Covington, KY
3d ago
512 Wallace Ave, Covington, KY 41014
1–2 beds
1–2 baths
$899–$1,299
Apartment for rent
4d ago
2236 Hanser Dr, Covington, KY 41011
2 beds
1 bath
$1,045
Apartment for rent
5d+ ago
Apartment for rent in Covington
2 beds
1 bath
$1,100
Apartment for rent
4d ago
1704 Madison Ave, Covington, KY 41011
2 beds
1 bath
$1,145
Price drop
Apartment for rent
5d+ ago
Condo for rent in Covington
1 Roebling Way #904, Covington, KY 41011
2 beds
2.5 baths
$5,300
Condo for rent
1d ago
103 E 3rd St, Covington, KY 41011
2 beds
2 baths
$3,250
Apartment for rent
1d ago
22 Swain Ct, Covington, KY 41011
1–3 beds
1–2 baths
$1,495–$2,795
Apartment for rent
2d ago
Verified
710 Washington St, Covington, KY 41011
Studio–2 beds
1–2 baths
$1,665–$1,885
Apartment for rent
20h ago
Verified
832 Banklick St, Covington, KY 41011
Studio–2 beds
1–2 baths
$1,765
Apartment for rent
1d ago
Verified
2220 Cityscape Dr, Covington, KY 41011
1–2 beds
1–2 baths
$1,585–$2,030
Apartment for rent
2d ago
Verified
710 Washington St, Covington, KY 41011
Studio–2 beds
1–2 baths
$1,665–$1,885
Apartment for rent
1d ago
Apartment for rent in Covington
207 E Southern Ave #1, Covington, KY 41015
1 bed
1 bath
$1,245
$995
Price drop
Apartment for rent
Available May 18
20h ago
Verified
832 Banklick St, Covington, KY 41011
Studio–2 beds
1–2 baths
$1,765
Apartment for rent
1d ago
Verified
2220 Cityscape Dr, Covington, KY 41011
1–2 beds
1–2 baths
$1,585–$2,030
Apartment for rent
2d ago
Verified
3800 Locke St, Covington, KY 41015
1–2 beds
1 bath
$1,134–$1,325
Apartment for rent
Available Feb 1
2d ago
Verified
710 Washington St, Covington, KY 41011
Studio–2 beds
1–2 baths
$1,665–$1,885
Apartment for rent
5d+ ago
Verified
101 Promontory Dr, Covington, KY 41015
1–3 beds
1 bath
$1,147–$1,633
Apartment for rent
Available Apr 18
1d ago
Verified
2220 Cityscape Dr, Covington, KY 41011
1–2 beds
1–2 baths
$1,585–$2,030
Apartment for rent
5d+ ago
Verified
3800 Locke St, Covington, KY 41015
1 bed
1 bath
$1,325
Apartment for rent
Available Feb 1
2d ago
Apartment for rent in Covington
1 bed
1 bath
$1,795
$1,595
Price drop
Apartment for rent
Stay up to date with rental market insights
Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.
Frequently asked questions for Covington, KY
Quick answers to common questions about the Covington rental market.
How much is rent in Covington?
The average rent in Covington is $1,660 per month as of June 13, 2026.
Is rent up or down in Covington?
Average rent prices in Covington have remained the same over the last month and have increased by 13% since last year.
How does Covington rent compare to the national average?
Rent in Covington is 15% below the national average, which means renters are paying approximately $290 less per month.
What salary do I need to afford rent in Covington?
To comfortably afford rent in Covington, you'd need to earn approximately $66,000/year, based on spending no more than 30% of your income on rent.
When is the best time of year to rent in Covington?
Covington's 2025 rental market shows one-bedroom apartments averaging around $1,100 per month, while two-bedroom units rent for around $1,500 monthly. These figures represent the current market conditions across the city's rental inventory.
Methodology
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).