What's the average rent in Covington, KY?

Rental Market Trends in Covington, KY

SOURCE: TRULIA DATA

Rental market highlights

As of November 2026, the average rent in Covington, KY is $1,400 per month, which is 28% lower than the national average rent of $1,932 per month.

AVERAGE RENT

$1,400

0.0%No change month over month

0.4%$5 increase year-over-year

AVAILABLE RENTALS

176

APARTMENTS

$1,500

HOUSES

$1,549

TOWNHOUSES

$1,950

As of November 2026, apartments are the most affordable rental option in Covington, KY at $1,500 per month, while townhomes are the most expensive at $1,950 per month. Houses average $1,549 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	$1,550
3 Bedrooms	$1,650
4 Bedrooms	$2,100
All	$1,400

As of November 2026, the average rent for a 1 bedroom rental in Covington, KY is $1,050 per month, followed by $1,550 for a 2 bedroom rental, $1,650 for a 3 bedroom rental, and $2,100 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,450
3 Bedrooms	$2,295
4 Bedrooms	—
All	$1,950

As of November 2026, the average rent for a 2 bedroom townhome in Covington, KY is $1,450 per month, followed by $2,295 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$995
2 Bedrooms	$1,495
3 Bedrooms	$1,550
4 Bedrooms	$750
All	$1,250

As of November 2026, the average rent for a 1 bedroom apartment in Covington, KY is $995 per month, followed by $1,495 for a 2 bedroom apartment, $1,550 for a 3 bedroom apartment, and $750 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$1,200
2 Bedrooms	$1,450
3 Bedrooms	$1,572
4 Bedrooms	$2,100
All	$1,549

As of November 2026, the average rent for a 1 bedroom house in Covington, KY is $1,200 per month, followed by $1,450 for a 2 bedroom house, $1,572 for a 3 bedroom house, and $2,100 for a 4 bedroom house.