Bedroom count
Property type
Last updated on September 12, 2026
Average rent in
Covington, KY
Average rent in
Last updated on September 12, 2026
Bedroom count
Property type
Key takeaways for renters
Where Covington rent stands today
Covington, KY rent rose 15.4% year over year, with a current median of $1,615/month. Renters are paying $175 more per month on average than last year despite a 2.9% month-over-month decline from the recent peak in July 2026.
Compared to national trends
Covington is 15.0% more affordable than the $1,900/month national median, positioning it as a moderately priced metro with a total rental inventory of 65 units.
Rent ranges by bedroom
Studios in Covington rent for about $1,525/month, 1-bedrooms around $1,395/month, and 2-bedrooms at $1,815/month. Larger units like 3-bedrooms and 4+ bedrooms run $1,800/month and $2,195/month respectively.
Median rent
Median rent in Covington
$1,615/mo
15%vs previous year
The average rent in Covington is $1,615 per month as of September 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
65
for rent on Zumper.com as of September 2026
Rent price distribution
Share of Covington rentals at each price point
Rent trends in Covington, KY
Average rent prices in Covington have decreased by 3% over the last month and have increased by 15% 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 $1,615, whereas a house costs $1,745. 1-bedroom apartments in Covington run $1,500 on average, while 2-bedroom apartments are $2,075.
Listings | ||||
|---|---|---|---|---|
Studio | $1,525 | No Change | No Change | |
1 bedroom | $1,395 |  1% | 10% | |
2 bedroom | $1,815 | 3% | 24% | |
3 bedroom | $1,800 | 1% | 1% | |
4 bedroom | $2,195 | 4% | No Change |
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 | $1,615 | 1% | No Change | |
Condos | $1,350 | 47% | No Change | |
Houses | $1,745 | 1% | No Change |
Studio
Average rent
$1,525
Last 30 days
No Change
Last year
No Change
1 bedroom
Average rent
$1,395
Last 30 days
1%
Last year
10%
2 bedroom
Average rent
$1,815
Last 30 days
3%
Last year
24%
3 bedroom
Average rent
$1,800
Last 30 days
1%
Last year
1%
4 bedroom
Average rent
$2,195
Last 30 days
4%
Last year
No Change
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
$1,615
Last 30 days
1%
Condos
Average rent
$1,350
Last 30 days
47%
Houses
Average rent
$1,745
Last 30 days
1%
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
24%lower than the national median
Takeaway
The median rent for all rentals in Covington, KY is 11% higher than the median rent in Bellevue, KY.
Average rent in nearby cities
Explore rent trends in neighboring markets
$1,452
10%$1,197
5%$1,400
4%$1,412
5%$1,475
2%$1,518
2%$1,245
25%$1,440
$1,770
10%$1,594
7%$1,350
11%$1,395
17%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
Townhouse for rent in Covington
3 beds
1 bath
$1,095
House for rent
Available Aug 18
2d ago
Verified
101 Promontory Dr, Covington, KY 41015
1–3 beds
1 bath
$1,147–$1,633
Apartment for rent
Available Apr 18
5d+ ago
Apartment for rent in Covington
802 Montague Rd #4, Covington, KY 41011
2 beds
1 bath
$1,200
Apartment for rent
Available Mar 1
2d ago
Condo for rent in Covington
325 W 9th St #2, Covington, KY 41011
2 beds
1 bath
$1,350
$1,250
Price drop
Condo for rent
5d+ ago
Apartment for rent in Covington
Studio
1 bath
$3,750
Apartment for rent
Available Aug 3
2d ago
103 E 3rd St, Covington, KY 41011
Studio–2 beds
1–2 baths
$1,190–$3,100
Apartment for rent
5d+ ago
Apartment for rent in Covington
1205 Lee St #3, Covington, KY 41011
3 beds
2.5 baths
$3,000
Apartment for rent
Available May 30
5d+ ago
House for rent in Covington
2 beds
1.5 baths
$2,545
House for rent
Available Aug 21
2h ago
Verified
832 Banklick St, Covington, KY 41011
Studio–2 beds
1–2 baths
$1,310
Apartment for rent
9h ago
Verified
2220 Cityscape Dr, Covington, KY 41011
1–2 beds
1–2 baths
$1,615–$2,035
Apartment for rent
1d ago
Verified
710 Washington St, Covington, KY 41011
Studio–2 beds
1–2 baths
$1,525–$2,150
Apartment for rent
2d ago
22 Swain Ct, Covington, KY 41011
1–3 beds
1–2 baths
$1,395–$2,095
Apartment for rent
2h ago
Verified
832 Banklick St, Covington, KY 41011
Studio–2 beds
1–2 baths
$1,310
Apartment for rent
9h ago
Verified
2220 Cityscape Dr, Covington, KY 41011
1–2 beds
1–2 baths
$1,615–$2,035
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 Aug 1
1d ago
Verified
710 Washington St, Covington, KY 41011
Studio–2 beds
1–2 baths
$1,525–$2,150
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
2h ago
Verified
832 Banklick St, Covington, KY 41011
Studio–2 beds
1–2 baths
$1,310
Apartment for rent
9h ago
Verified
2220 Cityscape Dr, Covington, KY 41011
1–2 beds
1–2 baths
$1,615–$2,035
Apartment for rent
2d ago
525 Greenup St, Covington, KY 41011
1–2 beds
1 bath
$1,195–$1,560
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 $1,615 per month as of September 12, 2026.
Is rent up or down in Covington?
Average rent prices in Covington have decreased by 3% over the last month and have increased by 15% 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 $65,000/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).