Cheap Apartments for Rent in Covington, TN

26 rentals

Apartments For Rent Near Covington, TN

We found 30 more apartments matching your filters just outside Covington

Average Rent Trends in Covington, TN

Rent in Covington, TN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Sep 2026 compared to the previous month. Rent previously peaked in Apr 2025.
MonthAverage rent
Oct 2025$1,000
Nov 2025$1,100
Dec 2025$1,100
Jan 2026$1,050
Feb 2026$1,100
Mar 2026$1,150
Apr 2026$1,000
May 2026$1,050
Jun 2026$1,000
Jul 2026$1,100
Aug 2026$1,150
Sep 2026$1,150
View as a graph

Average Rent By Bedroom and Home Type

In September 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
1 bed2 beds3 beds4 bedsAll
All home types$700$1,000$1,112$1,450$1,112
Apartments and Condos$950$1,150$1,200—$975
Houses$650$950$1,112$1,450$1,112
See more information about local market trends in Covington, TN

Frequently Asked Questions about Rentals in Covington, TN

  • What is the average rent of an apartment in Covington, TN?
    The average rent of an apartment in Covington, TN is $975 per month. This is about 50% lower than the national average.
  • What are the cheapest months to find an apartment to rent in Covington, TN?
    Last year, the cheapest month to find an apartment to rent was Oct 2025 when it was $1,000 per month.
  • How many cheap apartments are available in Covington, TN?
    There are 14 apartments to rent that are cheaper than the city’s average rent of $1,112.
  • When is the average rent most expensive in Covington, TN?
    In the last year, the average rent in Covington, TN was highest in Apr 2025 when it was $1,400 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Covington, TN?
    The average rent of a 1 bedroom apartment in Covington, TN is $700 per month. That is about $100 less than the cost of a studio apartment.
  • What are some zip codes in Covington, TN?
    Covington, TN includes zip codes such as: 38019.
  • What are some cities near Covington, TN?
    Some nearby cities include: Garland, Henning, Brighton, Burlison, Mason. These cities may have more rental options to explore.
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