Bedroom count
Property type
Last updated on July 30, 2026
Average rent in
Covington, KY
Average rent in
Last updated on July 30, 2026
Bedroom count
Property type
Key takeaways for renters
Where Covington rent stands today
Covington, KY rent rose 17.9% year over year, reaching a current median of $1,645/month. Renters are paying $258 more per month on average than last year, with rent now at the city's peak level as of July 2026.
Compared to national trends
Covington sits 14.8% more affordable than the $1,930/month national median, offering a more accessible market for renters despite recent increases.
Rent ranges by bedroom
Studios in Covington rent for about $1,025/month, 1-bedrooms at $1,595/month, and 4+ bedrooms at $1,945/month. Apartments make up 55.1% of total rentals, shaping the rental landscape.
Neighborhood spotlight
The 1-bedroom segment in Covington climbed 41.8% year over year, diverging from the citywide rise of 17.9%. Studios fell 14.1% and 3-bedrooms declined 2.9%, showing varied trends across bedroom types.
Median rent
Median rent in Covington
$1,645/mo
18%vs previous year
The average rent in Covington is $1,645 per month as of July 2026. This is 15% below the national average rent, or $285 less per month.
average price per square foot
Total rentals
Available rentals in Covington
51
for rent on Zumper.com as of July 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 3% over the last month and have increased by 18% 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 $1,642, whereas a house costs $1,750. 1-bedroom apartments in Covington run $1,615 on average, while 2-bedroom apartments are $1,830.
Listings | ||||
|---|---|---|---|---|
Studio | $1,025 | 24% |  4% | |
1 bedroom | $1,595 | 2% | 18% | |
2 bedroom | $1,774 | 4% | 23% | |
3 bedroom | $1,845 | 7% | 3% | |
4 bedroom | $1,945 | 10% | 17% |
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 | $1,642 | 3% | No Change | |
Condos | $1,422 | 23% | No Change | |
Houses | $1,750 | 2% | No Change |
Studio
Average rent
$1,025
Last 30 days
24%
Last year
4%
1 bedroom
Average rent
$1,595
Last 30 days
2%
Last year
18%
2 bedroom
Average rent
$1,774
Last 30 days
4%
Last year
23%
3 bedroom
Average rent
$1,845
Last 30 days
7%
Last year
3%
4 bedroom
Average rent
$1,945
Last 30 days
10%
Last year
17%
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
$1,642
Last 30 days
3%
Condos
Average rent
$1,422
Last 30 days
23%
Houses
Average rent
$1,750
Last 30 days
2%
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
26%lower than the national median
Takeaway
The median rent for all rentals in Covington, KY is 15% higher than the median rent in Bellevue, KY.
Average rent in nearby cities
Explore rent trends in neighboring markets
$1,435
2%$1,250
13%$1,395
$1,462
16%$1,485
$1,623
1%$1,375
13%$1,470
$1,650
5%$1,644
5%$1,350
8%$1,460
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
5h ago
512 Wallace Ave, Covington, KY 41014
1–2 beds
1 bath
$899–$1,099
Apartment for rent
6h ago
1704 Madison Ave, Covington, KY 41011
2 beds
1 bath
$995
Price drop
Apartment for rent
2d ago
Verified
101 Promontory Dr, Covington, KY 41015
1–3 beds
1 bath
$1,147–$1,633
Apartment for rent
Available Apr 18
23h ago
Apartment for rent in Covington
2 beds
1 bath
$1,250
$1,185
Price drop
Apartment for rent
Available Jul 7
5d+ ago
Condo for rent in Covington
1 Roebling Way #904, Covington, KY 41011
2 beds
2.5 baths
$5,300
Condo for rent
5d+ ago
Apartment for rent in Covington
Studio
1 bath
$3,750
Apartment for rent
Available Aug 3
4h ago
103 E 3rd St, Covington, KY 41011
1–2 beds
1–2 baths
$1,743–$3,250
Apartment for rent
5d+ ago
Apartment for rent in Covington
1205 Lee Street #3, Covington, KY 41011
3 beds
2.5 baths
$3,000
Apartment for rent
Available May 30
13h ago
Verified
2220 Cityscape Dr, Covington, KY 41011
1–2 beds
1–2 baths
$1,615–$1,960
Apartment for rent
1d ago
Verified
832 Banklick St, Covington, KY 41011
Studio–2 beds
1–2 baths
$1,310–$1,695
Apartment for rent
3d ago
Verified
710 Washington St, Covington, KY 41011
Studio–2 beds
1–2 baths
$1,660–$1,690
Apartment for rent
1d ago
Crescent Ave, Covington, KY 41011
3 beds
3 baths
$2,695
House for rent
13h ago
Verified
2220 Cityscape Dr, Covington, KY 41011
1–2 beds
1–2 baths
$1,615–$1,960
Apartment for rent
1d ago
Verified
832 Banklick St, Covington, KY 41011
Studio–2 beds
1–2 baths
$1,310–$1,695
Apartment for rent
2d ago
Verified
3800 Locke St, Covington, KY 41015
1–2 beds
1 bath
$1,134–$1,373
Apartment for rent
Available Apr 2
3d ago
Verified
710 Washington St, Covington, KY 41011
Studio–2 beds
1–2 baths
$1,660–$1,690
Apartment for rent
2d ago
Verified
101 Promontory Dr, Covington, KY 41015
1–3 beds
1 bath
$1,147–$1,633
Apartment for rent
Available Apr 18
13h ago
Verified
2220 Cityscape Dr, Covington, KY 41011
1–2 beds
1–2 baths
$1,615–$1,960
Apartment for rent
1d ago
525 Greenup St, Covington, KY 41011
1–2 beds
1 bath
$1,195–$1,760
Apartment for rent
2d ago
22 Swain Ct, Covington, KY 41011
1 bed
1 bath
$1,295
Apartment for rent
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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 $1,645 per month as of July 25, 2026.
Is rent up or down in Covington?
Average rent prices in Covington have increased by 3% over the last month and have increased by 18% 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 $285 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?
Based on Zumper's July 2026 data, one-bedroom apartments in Covington average around $1,300/month and two-bedrooms approximately $1,500/month.
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).