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3 Bedroom Apartments for Rent in Covington, KY - 4 Rentals available

Average Rent for 3 Bedroom apartments in Covington, KY

  • The average rent for a 3 Bedroom apartment in Covington, KY, May, 2018$638/mo
  • 1 Bedroom$583
  • 2 Bedrooms$702
  • 3 Bedrooms$995

Covington, KY 3 Bedroom Apartment Rent Ranges

  • $701-$1,00067%
  • $1,001-$1,50033%

Covington, KY 3 Bedroom Apartment Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
May / 2018 $638 $995
Sept / 2017 $772 $1,086
May / 2017 $760 $1,049
Jan / 2017 $774 $1,040
Sept / 2016 $773 $996
May / 2016 $765 $981
Jan / 2016 $745 $1,058
Sept / 2015 $743 $985
May / 2015 $711 $985
Jan / 2015 $653 $1,045

Renting a 3 bedroom apartment in Covington, KY

Upgrading to a 3 bedroom apartment can have its pros and cons. Most renters who are looking for a three bedroom rental is because they need extra space for a home office, or for a child. This size apartment is also practical to share with roommates as it actually saves money on rent when 3 or 4 people get together to rent a 3 bedroom unit. They are very spacious, averaging around 1,421 Sqft. Or you can get even more space if you select “3+” beds in the top menu. The only down side is that they cost more. In Covington, KY, rents on 3 bedroom apartments go up to $1,620. 4 rental properties offer 3 bedroom units in Covington, KY to choose from. You are more likely to find 3 bedroom apartments in primarily residential neighborhoods, away from business districts and urban cores.

Tips on finding a cheap 3 bedroom apartment in Covington, KY

For most renters, the cost of rent is the major pain point. The larger the apartment, the more money comes out of their pocket. For that reason, cheap 3 bedroom apartments are in high demand and hard to come by. Though rent prices can go as low as $760 in Covington, KY, the market is still tight. But with a little diligence and some handy search tools, you will find an affordable apartment. Try an area that’s further away from the main city attractions, or try an older building that may have cheaper apartments and a ton of charm. Sometimes lower-priced residential areas have diversity and ethnic authenticity that lend them a lot of character and color.