Bedroom count
Property type
Last updated on October 28, 2026
Average rent in
Covington, KY
Average rent in
Last updated on October 28, 2026
Bedroom count
Property type
Key takeaways for renters
Where Covington rent stands today
Covington, KY rent rose 4.7% year over year, with a current median of $1,550/month. Renters today are paying $70 more per month on average than last year, with rent sitting just 2.4% below the peak reached three months ago in July 2026.
Compared to national trends
Covington is 18.4% more affordable than the $1,900/month national median, positioning it as a moderately priced market with 73 total rentals available across the city.
Price ranges
Studios rent for $1,238/month, 1-bedrooms for $1,250/month, and 2-bedrooms for $1,600/month, with 3-bedrooms at $1,795/month and 4+ bedrooms at $2,098/month. The 2-bedroom median of $1,600/month reflects a key segment for renters in Covington.
Neighborhood spotlight
Houses in Covington have climbed 15.8% year over year, diverging from the citywide trend. This segment's median rent of $1,795/month is higher than the overall city median of $1,550/month.
Median rent
Median rent in Covington
$1,550/mo
5%vs previous year
The average rent in Covington is $1,550 per month as of October 2026. This is 18% below the national average rent, or $350 less per month.
average price per square foot
Total rentals
Available rentals in Covington
73
for rent on Zumper.com as of October 2026
Rent price distribution
Share of Covington rentals at each price point
Rent trends in Covington, KY
Average rent prices in Covington have increased by 7% over the last month and have increased by 5% 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 $1,500, whereas a house costs $1,795. 1-bedroom apartments in Covington run $1,345 on average, while 2-bedroom apartments are $1,710.
Listings | ||||
|---|---|---|---|---|
Studio | $1,237 | No Change |  11% | |
1 bedroom | $1,250 | 11% | 4% | |
2 bedroom | $1,600 | 9% | 14% | |
3 bedroom | $1,795 | 5% | No Change | |
4 bedroom | $2,097 | 5% | 4% |
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 | $1,500 | 5% | 7% | |
Condos | $1,192 | 8% | - | |
Houses | $1,795 | 5% | 16% |
Studio
Average rent
$1,237
Last year
11%
1 bedroom
Average rent
$1,250
Last 30 days
11%
Last year
4%
2 bedroom
Average rent
$1,600
Last 30 days
9%
Last year
14%
3 bedroom
Average rent
$1,795
Last 30 days
5%
Last year
No Change
4 bedroom
Average rent
$2,097
Last 30 days
5%
Last year
4%
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
$1,500
Last 30 days
5%
Last year
7%
Condos
Average rent
$1,192
Last 30 days
8%
Houses
Average rent
$1,795
Last 30 days
5%
Last year
16%
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
18%lower than the national median
20%lower than the national median
Takeaway
The median rent for all rentals in Covington, KY is 2% higher than the median rent in Bellevue, KY.
Average rent in nearby cities
Explore rent trends in neighboring markets
$1,520
5%$1,174
$1,425
2%$1,690
13%$1,495
1%$1,504
6%$1,316
$1,525
$1,595
20%$1,744
9%$1,200
8%$1,598
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
5d+ ago
Apartment for rent in Covington
2 beds
1 bath
$895
Price dropped $50Additional 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.Apartment for rent
Available Sep 30
5d+ ago
Townhouse for rent in Covington
3 beds
1 bath
$995
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.House for rent
Available Aug 18
5d+ ago
Verified
101 Promontory Dr, Covington, KY 41015
1–3 beds
1 bath
$1,147–$1,633
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.Apartment for rent
Available Apr 18
5d+ ago
1900 Garrard St, Covington, KY 41014
2 beds
1 bath
$1,200
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.Apartment for rent
1d ago
Verified
515 Main St, Covington, KY 41011
Studio–2 beds
1–2 baths
$1,550–$4,185
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.Apartment for rent
12h ago
103 E 3rd St, Covington, KY 41011
Studio–2 beds
1–2 baths
$1,165–$3,250
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.Apartment for rent
5d+ ago
Apartment for rent in Covington
1205 Lee St #3, Covington, KY 41011
3 beds
2.5 baths
$3,000
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.Apartment for rent
Available May 30
5d+ ago
House for rent in Covington
3 beds
3 baths
$2,950
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.House for rent
Available Oct 20
22h ago
Verified
710 Washington St, Covington, KY 41011
Studio–2 beds
1–2 baths
$1,455–$1,690
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.Apartment for rent
1d ago
Verified
515 Main St, Covington, KY 41011
Studio–2 beds
1–2 baths
$1,550–$4,185
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.Apartment for rent
4d ago
Verified
2220 Cityscape Dr, Covington, KY 41011
1–2 beds
1–2 baths
$1,615–$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.Apartment for rent
15h ago
303 Greenup St, Covington, KY 41011
1 bed
1 bath
$1,480–$1,525
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.Apartment for rent
4d ago
Verified
2220 Cityscape Dr, Covington, KY 41011
1–2 beds
1–2 baths
$1,615–$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.Apartment for rent
18h ago
Verified
832 Banklick St, Covington, KY 41011
Studio–2 beds
1–2 baths
Call for price
Apartment for rent
5d+ ago
Verified
3 beds
2.5 baths
$1,931
Price dropped $170Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.House for rent
Available Oct 12
1d ago
Verified
515 Main St, Covington, KY 41011
Studio–2 beds
1–2 baths
$1,550–$4,185
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.Apartment for rent
5d+ ago
Verified
101 Promontory Dr, Covington, KY 41015
1–3 beds
1 bath
$1,147–$1,633
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.Apartment for rent
Available Apr 18
4d ago
Verified
2220 Cityscape Dr, Covington, KY 41011
1–2 beds
1–2 baths
$1,615–$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.Apartment for rent
5d+ ago
Verified
3 beds
2.5 baths
$1,931
Price dropped $170Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.House for rent
Available Oct 12
18h ago
525 Greenup St, Covington, KY 41011
1–2 beds
1 bath
$1,195–$2,500
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.Apartment for rent
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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 $1,550 per month as of October 24, 2026.
Is rent up or down in Covington?
Average rent prices in Covington have increased by 7% over the last month and have increased by 5% since last year.
How does Covington rent compare to the national average?
Rent in Covington is 18% below the national average, which means renters are paying approximately $350 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 $62,000/year, based on spending no more than 30% of your income on rent.
When is the best time of year to rent in Covington?
December offers the lowest rents in Covington, with prices running about 13% below the February peak, making it the most budget-friendly month for apartment hunting.
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).