What's the average rent in Covington, IN?
Rental Market Trends in Covington, IN
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SOURCE: TRULIA DATA
Rental market highlights
As of September 2026, the average rent in Covington, IN is $1,049 per month, which is 46% lower than the national average rent of $1,948 per month.
AVERAGE RENT
$1,049
16.7%$150 increase month-over-month
75.1%$450 increase year-over-year
AVAILABLE RENTALS
5
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $549 |
| 2 Bedrooms | $1,049 |
| 3 Bedrooms | $1,199 |
| 4 Bedrooms | — |
| All | $1,049 |
As of September 2026, the average rent for a 1 bedroom rental in Covington, IN is $549 per month, followed by $1,049 for a 2 bedroom rental, and $1,199 for a 3 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $899 |
| 2 Bedrooms | $1,049 |
| 3 Bedrooms | $1,199 |
| 4 Bedrooms | — |
| All | $1,049 |
As of September 2026, the average rent for a 1 bedroom house in Covington, IN is $899 per month, followed by $1,049 for a 2 bedroom house, and $1,199 for a 3 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +44% compared to the previous year, which is a +$275 increase.
This year (2026)
Last year (2025)
Rent distribution
86% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $549 to $1,199.
