Last updated on June 6, 2026

Average rent in
Covington, TN

Median rent

Median rent in Covington

$1,075/mo

increased by13%

vs previous year

The average rent in Covington is $1,075 per month as of May 2026. This is 45% below the national average rent, or $875 less per month.

$1.47

average price per square foot

Total rentals

Available rentals in Covington

14

for rent on Zumper.com as of May 2026

Rent price distribution

Share of Covington rentals at each price point

80%60%40%20%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Covington, TN, in the last 30 days, rent estimates may not represent the actual market.

Rent trends in Covington, TN

Average rent prices in Covington have decreased by 9% 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, TN

Rent prices in Covington vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Covington is $1,012, whereas a house costs $1,025. 1-bedroom apartments in Covington run $1,950 on average, while 2-bedroom apartments are $1,150.

Listings

Studio

$1,400

3%

-

1 bedroom

$1,887

1%

-

2 bedroom

$1,200

7%

45%

3 bedroom

$1,250

2%

42%

4 bedroom

$2,400

26%

39%

Studio

Average rent

$1,400

Last 30 days

3%

1 bedroom

Average rent

$1,887

Last 30 days

1%

2 bedroom

Average rent

$1,200

Last 30 days

7%

Last year

45%

3 bedroom

Average rent

$1,250

Last 30 days

2%

Last year

42%

4 bedroom

Average rent

$2,400

Last 30 days

26%

Last year

39%

The table above reflects average rent prices in Covington, TN, 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, TN compare to other cities?

Compare median rent prices in Covington and Atoka by all bedroom counts and property types.

Covington

Median rent price$1,075
decreased by45%

lower than the national median

Median rent price$1,430
decreased by27%

lower than the national median

Takeaway

The median rent for all rentals in Covington, TN is 25% lower than the median rent in Atoka, TN.

Discover rentals in Covington, TN

420 Hall Aly #A - Photo 1 of 1

5d+ ago

House for rent in Covington

420 Hall Alley - Covington TN - A

420 Hall Aly #A, Covington, TN 38019

3 beds

1 bath

$900

House for rent

Available May 29

418 Hall Aly #A - Photo 1 of 1

5d+ ago

House for rent in Covington

418 Hall Alley - Covington TN - A

418 Hall Aly #A, Covington, TN 38019

3 beds

1 bath

$900

House for rent

Available May 22

505 N College St #A - Photo 1 of 1

5d+ ago

House for rent in Covington

505 North College St. - Covington TN - A

505 N College St #A, Covington, TN 38019

3 beds

1 bath

$1,100

House for rent

Available May 29

721 Best St - Photo 1 of 1

5d+ ago

Bull Circle Area house for rent in Covington

3 beds

1.5 baths

$1,195

House for rent

Available May 28

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, TN

Quick answers to common questions about the Covington rental market.

How much is rent in Covington?

The average rent in Covington is $1,075 per month as of May 30, 2026.

Is rent up or down in Covington?

Average rent prices in Covington have decreased by 9% 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 45% below the national average, which means renters are paying approximately $875 less per month.

Which neighborhoods are most affordable in Covington?

The most affordable neighborhoods in Covington are Arlington Heights ($1,195/mo), Watkins N View ($1,200/mo), and Country Club Estates ($1,200/mo).

What salary do I need to afford rent in Covington?

To comfortably afford rent in Covington, you'd need to earn approximately $43,000/year, based on spending no more than 30% of your income on rent.

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).

Apartments for rent in Arlington