Covina, CA Rental Market Trends
Highlights
The average rent for an apartment in Covina is $1,599, a 1% decrease compared to the previous year, when the average rent was $1,618.
Average Rent in Covina, CA
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,599 | -1% | 829 sq. ft. |
The average size for a Covina, CA apartment is 829 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Covina, CA Apartment Rent Ranges
- $701-$1,00012%
- $1,001-$1,50030%
- $1,501-$2,00051%
- > $2,0007%
Covina, CA Occupied Housing Units
- Renter-occupied Households25%
- Owner-occupied Households74%
3,906 or 25% of the households in Covina, CA are renter-occupied while 11,353 or 74% are owner-occupied.
Covina, CA Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Jan / 2021 |
|---|---|---|---|---|---|---|---|---|---|
| Covina, CA | $1,512 | $1,512 | $1,548 | $1,573 | $1,588 | $1,618 | $1,634 | $1,601 | $1,599 |
| National | $1,381 | $1,418 | $1,428 | $1,432 | $1,468 | $1,475 | $1,477 | $1,464 | $1,462 |
Average Rent in Covina, CA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| East Pasadena | $2,223 |
| San Pasqual | $2,223 |
| Monrovia | $2,150 |
| Alhambra | $2,113 |
| Diamond Bar | $1,973 |
| South El Monte | $1,960 |
| Monterey Park | $1,955 |
| West Covina | $1,927 |
| South Pasadena | $1,918 |
| Walnut | $1,852 |
| La Habra Heights | $1,851 |
| Temple | $1,841 |
| Rowland Heights | $1,807 |
| Glendora | $1,797 |
| Hacienda Heights | $1,770 |
| San Gabriel | $1,742 |
| Industry | $1,742 |
| San Dimas | $1,735 |
| East San Gabriel | $1,733 |
| Whittier Narrows | $1,728 |
| South San Jose Hills | $1,716 |
| Arcadia | $1,702 |
| Rosemead | $1,673 |
| South San Gabriel | $1,673 |
| Charter Oak | $1,662 |
| Vincent | $1,644 |
| Citrus | $1,632 |
| Avocado Heights | $1,616 |
| Azusa | $1,610 |
| Baldwin Park | $1,555 |
| Irwindale | $1,555 |
| Duarte | $1,554 |
| El Monte | $1,478 |
| La Puente | $1,421 |
| West Puente Valley | $1,421 |
| Valinda | $1,417 |
The most affordable neighborhoods in Covina are Valinda, where the average rent goes for $1,417/month, La Puente, where renters pay $1,421/mo on average, and West Puente Valley, where the average rent goes for $1,421/mo. If you’re looking for other great deals, check out the listings from El Monte ($1,478), Duarte ($1,554), and Irwindale ($1,555), where the asking prices are below the average Covina rent of $1,599/mo.
The most expensive neighborhoods in Covina are Monrovia ($2,150), East Pasadena ($2,223) and San Pasqual ($2,223).
The most popular neighborhood in Covina is West Covina, where there are 9 verified RENTCafé listings with an average rent of $1,927. Next up is Glendora, where apartments go for $1,797/month, followed by Monrovia with $2,150 If you’re looking to rent in Covina’s most popular neighborhoods, make sure to also check out San Dimas, where renters pay $1,735 on average, and Alhambra, where the average monthly rent is $2,113.
Covina | Rent Comparison by Neighborhood
Rent in Alhambra is 24% higher than in Arcadia
Alhambra rent is 32% higher than Covina average
| Average Rent | $2,113 |
|---|
Arcadia rent is 6% higher than Covina average
| Average Rent | $1,702 |
|---|
How Covina Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Los Angeles | $2,375 | -5% |
| San Francisco | $3,111 | -16% |
| East Bay | $2,307 | -2% |
| San Diego | $2,187 | -3% |
| Long Beach | $2,121 | n/a |
| Anaheim | $1,881 | 1% |
| Glendale | $2,460 | -3% |
| Riverside | $1,665 | 4% |
| Pasadena | $2,395 | -7% |
| Santa Ana | $1,959 | n/a |
| Covina | $1,599 | -1% |
For more information about the Covina rental trends, check out our monthly rent report
Check out California Cities, California Neighborhoods and California Zip Codes for more details on verified listings, including the California Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!