Cheap Apartments for Rent in Covington, OH

1 rentals

  • 405 N Owens Dr #C, Covington, OH 45318
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    PET FRIENDLY
    $700/mo
    2 Beds
    1 Bath
    686 sqft
    405 N Owens Dr #C,
    Covington, OH 45318

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    Covington
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Apartments For Rent Near Covington, OH

We found 30 more apartments matching your filters just outside Covington

Average Rent Trends in Covington, OH

Rent in Covington, OH varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Nov 2026 compared to the previous month. Rent previously peaked in Aug 2025.
MonthAverage rent
Nov 2025$1,400
Dec 2025$1,400
Jan 2026$900
Feb 2026$950
Mar 2026$800
Apr 2026$750
May 2026$975
Jun 2026$1,050
Jul 2026$950
Sep 2026$725
Oct 2026$750
Nov 2026$700
View as a graph

Average Rent By Bedroom and Home Type

1 bed2 beds3 beds4 bedsAll
All home types$750$700——$750
Apartments and Condos$750$700——$750
See more information about local market trends in Covington, OH

Frequently Asked Questions about Rentals in Covington, OH

  • What is the average rent of an apartment in Covington, OH?
    The average rent of an apartment in Covington, OH is $750 per month. This is about 61% lower than the national average.
  • What are the cheapest months to find an apartment to rent in Covington, OH?
    Last year, the cheapest month to find an apartment to rent was May 2025 when it was $850 per month.
  • How many cheap apartments are available in Covington, OH?
    There are 1 apartments to rent that are cheaper than the city’s average rent of $750.
  • When is the average rent most expensive in Covington, OH?
    In the last year, the average rent in Covington, OH was highest in Aug 2025 when it was $1,400 per month.
  • What are some zip codes in Covington, OH?
    Covington, OH includes zip codes such as: 45318.
  • What are some cities near Covington, OH?
    Some nearby cities include: Pleasant Hill, Bradford, Piqua, Gettysburg, Russia. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en Covington, OH - 904 Rentas | Trulia