What's the average rent in Covington, IN?
Rental Market Trends in Covington, IN
SOURCE: TRULIA DATA
Rental market highlights
As of May 2026, the average rent in Covington, IN is $999 per month, which is 48% lower than the national average rent of $1,910 per month.
AVERAGE RENT
$999
45.5%$313 increase month-over-month
17.7%$150 increase year-over-year
AVAILABLE RENTALS
4
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $699 |
| 2 Bedrooms | $999 |
| 3 Bedrooms | $1,099 |
| 4 Bedrooms | — |
| All | $999 |
As of May 2026, the average rent for a 1 bedroom rental in Covington, IN is $699 per month, followed by $999 for a 2 bedroom rental, and $1,099 for a 3 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $999 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $999 |
As of May 2026, the average rent for a 2 bedroom apartment in Covington, IN is $999 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $1,099 |
| 4 Bedrooms | — |
| All | $1,099 |
As of May 2026, the average rent for a 3 bedroom house in Covington, IN is $1,099 per month.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +69% compared to the previous year, which is a +$450 increase.
This year (2026)
Last year (2025)
Rent distribution
67% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $549 to $1,099.
