What's the average rent in Covington, TN?
Rental Market Trends in Covington, TN
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SOURCE: TRULIA DATA
Rental market highlights
As of May 2026, the average rent in Covington, TN is $1,050 per month, which is 45% lower than the national average rent of $1,910 per month.
AVERAGE RENT
$1,050
5.0%$50 increase month-over-month
2.4%$25 increase year-over-year
AVAILABLE RENTALS
9
APARTMENTS
HOUSES
TOWNHOUSES
As of May 2026, houses are the most affordable rental option in Covington, TN at $1,000 per month, while apartments are the most expensive at $1,150 per month. Townhomes average $1,050 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $750 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,050 |
| 4 Bedrooms | $1,550 |
| All | $1,050 |
As of May 2026, the average rent for a 1 bedroom rental in Covington, TN is $750 per month, followed by $1,000 for a 2 bedroom rental, $1,050 for a 3 bedroom rental, and $1,550 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $1,050 |
| 4 Bedrooms | — |
| All | $1,050 |
As of May 2026, the average rent for a 3 bedroom townhome in Covington, TN is $1,050 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,150 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $1,150 |
As of May 2026, the average rent for a 2 bedroom apartment in Covington, TN is $1,150 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $750 |
| 2 Bedrooms | $900 |
| 3 Bedrooms | $1,500 |
| 4 Bedrooms | $1,550 |
| All | $1,000 |
As of May 2026, the average rent for a 1 bedroom house in Covington, TN is $750 per month, followed by $900 for a 2 bedroom house, $1,500 for a 3 bedroom house, and $1,550 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +2% compared to the previous year, which is a +$25 increase.
This year (2026)
Last year (2025)
Rent distribution
55% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $750 to $2,195.
