Apartments for Rent in Covington, KY

Prices and availability in Covington, KY were last updated on 3 Jun 2026.

The best apartments in Covington, KY are: Highpoint Apartments, Madison Place Apartments, Roebling Row, RiverHaus and Eclipse Properties.

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

The price range for a studio apartment in Covington, KY is between $1,404 and $4,405.

The price range for a 1-bedroom apartment in Covington, KY is between $955 and $3,215.

The price range for a 2-bedroom apartment in Covington, KY is between $955 and $4,405.

The price range for a 3-bedroom apartment in Covington, KY is between $1,750 and $2,275.

In Covington 48% of the housing is rented out compared to 52% of homes are owned, according to the most recent Census Bureau estimates. 14% of Covington's apartments are found in large buildings of 50 units or more, 61% are located in smaller apartment complexes with less than 50 units, and 24% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Covington are about 39 years old, on average. Of these, 38% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 6 stories. About 71% of the rental communities here are low-rise, garden-style communities, 14% are mid-rises, and 19% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Studio apartments in Covington are around 4% of rentals, while 1-bedroom floor plans represent 52% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 37% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.