Cheap Apartments for Rent in Covington, WA

24 rentals

Apartments For Rent Near Covington, WA

We found 30 more apartments matching your filters just outside Covington

Average Rent Trends in Covington, WA

Rent in Covington, WA varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Sep 2026 compared to the previous month. Rent previously peaked in Aug 2025.
MonthAverage rent
Oct 2025$3,000
Nov 2025$2,950
Dec 2025$3,100
Jan 2026$3,000
Feb 2026$2,795
Mar 2026$3,300
Apr 2026$3,200
May 2026$3,300
Jun 2026$3,500
Jul 2026$3,250
Aug 2026$2,967
Sep 2026$3,249
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$1,786$2,141$2,800$3,700$3,395
Apartments and Condos$1,000$1,000
Houses$2,830$3,700$3,600

Frequently Asked Questions about Rentals in Covington, WA

  • What is the average rent of an apartment in Covington, WA?
    The average rent of an apartment in Covington, WA is $1,589 per month. This is about 18% lower than the national average.
  • What are the cheapest months to find an apartment to rent in Covington, WA?
    Last year, the cheapest month to find an apartment to rent was Apr 2025 when it was $2,560 per month.
  • How many cheap apartments are available in Covington, WA?
    There are 14 apartments to rent that are cheaper than the city’s average rent of $3,395.
  • When is the average rent most expensive in Covington, WA?
    In the last year, the average rent in Covington, WA was highest in Aug 2025 when it was $3,200 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Covington, WA?
    The average rent of a 1 bedroom apartment in Covington, WA is $1,786 per month. That is about $16 more than the cost of a studio apartment.
  • What are some cities near Covington, WA?
    Some nearby cities include: Kent, Black Diamond, Maple Valley, Auburn, Renton. These cities may have more rental options to explore.