Covington KY Apartments
152 rentals
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SPECIAL OFFERPET FRIENDLYTotal price$1,885 - $3,935/mo
Studio-2 Beds
1-3 BathsMadison Place Apartments | 50 W Rivercenter Blvd,
Covington, KY 41011
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Average Rent Trends in Covington, KY
Rent in Covington, KY varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment decreased in Nov 2026 compared to the previous month. Rent for apartments peaked in Feb 2025.
| Month | Average rent |
|---|---|
| Dec 2025 | $1,199 |
| Jan 2026 | $1,457 |
| Feb 2026 | $1,512 |
| Mar 2026 | $1,517 |
| Apr 2026 | $1,486 |
| May 2026 | $1,494 |
| Jun 2026 | $1,544 |
| Jul 2026 | $1,516 |
| Aug 2026 | $1,502 |
| Sep 2026 | $1,433 |
| Oct 2026 | $1,379 |
| Nov 2026 | $1,362 |
Average Rent By Bedroom and Home Type
In November 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,110 | $1,595 | $1,775 | $2,000 | $1,450 |
| Townhomes | — | $1,450 | $2,650 | — | $1,671 |
| Apartments and Condos | $1,075 | $1,500 | $1,650 | $1,500 | $1,295 |
| Houses | $1,200 | $1,560 | $1,795 | $2,050 | $1,722 |
Frequently Asked Questions about Apartments and Condos for rent in Covington, KY
- What is the average rent of an apartment in Covington, KY?The average rent of an apartment in Covington, KY is $1,498 per month.
- When is the average rent for an apartment cheapest in Covington, KY?In 2025, the average rent for an apartment in Covington, KY was lowest in December when it was $1,199 per month.
- When is the average rent for an apartment most expensive in Covington, KY?In 2025, the average rent for an apartment in Covington, KY was highest in February when it was $1,497 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Covington, KY?The average rent of a 1 bedroom apartment in Covington, KY is $1,167 per month. That is about $23 more than the cost of a studio apartment.
- How many apartments or condos are available to rent in Covington, KY?There are 156 available apartments or condos to rent in Covington, KY.
- What are some neighborhoods in Covington, KY?Some neighborhoods in Covington, KY include: Latonia.
- What are some zip codes in Covington, KY?
- What are some cities near Covington, KY?Some nearby cities include: Taylor Mill, Fairview, Wilder, Fort Wright, Kenton Vale. These cities may have more rental options to explore.
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