Luxury Apartments for Rent in Covington, KY
112 rentals
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$2,205 - $3,450/mo
1-2 Beds
1-3 BathsMadison Place Apartments | 50 W Rivercenter Blvd #701,
Covington, KY 41011
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SPECIAL OFFERPET FRIENDLYTotal price$1,623 - $2,439/moStudio-2 Beds1-2 BathsJRG Lofts | 437 W 6th St #1-726,
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 decreased in May 2026 compared to the previous month. Rent previously peaked in Apr 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,395 |
| Jul 2025 | $1,395 |
| Aug 2025 | $1,420 |
| Sep 2025 | $1,400 |
| Oct 2025 | $1,400 |
| Nov 2025 | $1,420 |
| Dec 2025 | $1,395 |
| Jan 2026 | $1,395 |
| Feb 2026 | $1,499 |
| Mar 2026 | $1,500 |
| Apr 2026 | $1,500 |
| May 2026 | $1,450 |
Average Rent By Bedroom and Home Type
In May 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,200 | $1,550 | $1,850 | $1,850 | $1,500 |
| Townhomes | $1,700 | $1,200 | — | — | $1,200 |
| Apartments and Condos | $1,200 | $1,450 | $1,500 | $1,850 | $1,399 |
| Houses | $850 | $1,550 | $1,899 | $1,899 | $1,800 |
Frequently Asked Questions about Rentals in Covington, KY
- What is the average rent in Covington, KY?The average rent in Covington, KY is $1,500. Rent prices range from $785 to as much as $6,490, depending on the type of rental.
- How does the rent in Covington, KY compare to the national average?Average rent in Covington, KY is about 21% lower than the national average rent of $1,910. That means it is less expensive to rent in Covington compared to the U.S. average.
- What is the average rent in Covington, KY, by number of bedrooms?The average rent in Covington, KY is $900 for a studio, $1,200 for a 1 bedroom, $1,550 for a 2 bedroom, $1,850 for a 3 bedroom, and $1,850 for a 4 bedroom.
- How have rent prices in Covington, KY changed compared to last year?In the past year, the average rent price in Covington, KY has increased by $50. That means the average rent is 3% higher than last year.
- How many available rental listings are in Covington, KY?There are 116 available rental listings 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.