What's the average rent in Covington, KY?

Rental Market Trends in Covington, KY

SOURCE: TRULIA DATA

Rental market highlights

As of September 2026, the average rent in Covington, KY is $1,400 per month, which is 28% lower than the national average rent of $1,948 per month.

AVERAGE RENT

$1,400

-5.1%-$75 decrease month-over-month

0.4%$5 increase year-over-year

AVAILABLE RENTALS

174

APARTMENTS

$1,272

HOUSES

$1,750

TOWNHOUSES

$1,895

As of September 2026, apartments are the most affordable rental option in Covington, KY at $1,272 per month, while townhomes are the most expensive at $1,895 per month. Houses average $1,750 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,050
2 Bedrooms	$1,500
3 Bedrooms	$1,895
4 Bedrooms	$1,980
All	$1,400

As of September 2026, the average rent for a 1 bedroom rental in Covington, KY is $1,050 per month, followed by $1,500 for a 2 bedroom rental, $1,895 for a 3 bedroom rental, and $1,980 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,000
2 Bedrooms	$1,475
3 Bedrooms	$1,895
4 Bedrooms	—
All	$1,895

As of September 2026, the average rent for a 1 bedroom townhome in Covington, KY is $1,000 per month, followed by $1,475 for a 2 bedroom townhome, and $1,895 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,000
2 Bedrooms	$1,400
3 Bedrooms	$1,895
4 Bedrooms	$850
All	$1,250

As of September 2026, the average rent for a 1 bedroom apartment in Covington, KY is $1,000 per month, followed by $1,400 for a 2 bedroom apartment, $1,895 for a 3 bedroom apartment, and $850 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$1,100
2 Bedrooms	$1,450
3 Bedrooms	$1,874
4 Bedrooms	$2,100
All	$1,750

As of September 2026, the average rent for a 1 bedroom house in Covington, KY is $1,100 per month, followed by $1,450 for a 2 bedroom house, $1,874 for a 3 bedroom house, and $2,100 for a 4 bedroom house.