Apartments for Rent in Covington, KY

Prices and availability in Covington, KY were last updated on 23 Jun 2026.

The best apartments in Covington, KY are: JRG Lofts, Roebling Row, Devou Village, Crown Pointe Apartments and Thompson Street Holdings LLC.

The average rent in Covington, KY is $1,517.

The price range for a studio apartment in Covington, KY is between $1,416 and $2,300.

The price range for a 1-bedroom apartment in Covington, KY is between $1,155 and $3,735.

The price range for a 2-bedroom apartment in Covington, KY is between $1,155 and $3,599.

The price range for a 3-bedroom apartment in Covington, KY is between $2,025 and $2,275.

In Covington, 48% of the residents are renting compared to 52% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 14% of Covington's rentals, 61% are small-scale complexes with under 50 units, and 24% are single-family rentals.

The average age of rental buildings in Covington is 39 years old, with 38% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 6 stories, of which 71% are garden-style apartment communities, 14% are mid-sized buildings, and 19% are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Rental apartments in Covington come in a range of sizes and floorplans. Studio apartments represent 4% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 52% of the total apartments in the city, while 2-bedroom floorplans represent around 37% of all rentals in Covington. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.