Covington KY Apartments
116 rentals
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYTotal price$1,845 - $3,985/mo
Studio-2 Beds
1-3 BathsMadison Place Apartments | 50 W Rivercenter Blvd,
Covington, KY 41011
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$1,195 - $1,710/mo1-2 Beds1 BathThe Arthur Historic Apartments | 545 Greenup St,
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 stayed about the same in Aug 2026 compared to the previous month. Rent for apartments peaked in Feb 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $1,428 |
| Oct 2025 | $1,255 |
| Nov 2025 | $1,348 |
| 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 |
Average Rent By Bedroom and Home Type
In August 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,100 | $1,700 | $1,800 | $2,100 | $1,500 |
| Townhomes | — | $1,250 | $2,000 | — | $2,000 |
| Apartments and Condos | $1,050 | $1,700 | $1,800 | — | $1,185 |
| Houses | $1,200 | $1,528 | $1,750 | $1,995 | $1,700 |
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 $1,478 per month. This is about 25% lower than the national average.
- When is the average rent for an apartment cheapest in Covington, KY?In the last year, the average rent in Covington, KY was lowest in Dec 2025 when it was $1,199 per month.
- When is the average rent for an apartment most expensive in Covington, KY?In the last year, the average rent in Covington, KY was highest in Feb 2025 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 $1,278 per month. That is about $5 less than the cost of a studio apartment.
- How many apartments or condos are available to rent in Covington, KY?There are 82 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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