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Cheap Apartments for Rent in Covington, KY - 104 Rentals available

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Finding the right apartment as far as size and location go is one aspect of apartment searching, but making sure that it provides all that you need within a reasonable price is another. On RENTCafé, you can search for cheap apartments near you and ensure that you find one that suites your needs. Worried the neighborhood or city you are looking to move to is known to have higher rents? You can browse our listings and find the cheap apartments in any location, whether you are looking at a specific neighborhood, ZIP code, or city.

The perfect apartment for you is out there, either near you or anywhere in the U.S. that you are looking to move to. So, let's find the one that satisfies your wants and needs, but that also comes at an affordable price.

Frequently Asked Questions

What is the price of a cheap apartment in Covington, KY?

The price range of a cheap apartment is between $700 and $2,000. Find cheap apartments in Covington, KY.

How many cheap rentals are available in Covington, KY on RENTCafé?

There are 19 cheap rentals available on RENTCafé. Prices and availability in Covington, KY were last updated on 2 Mar 2021.

What is the average size of a cheap apartment in Covington, KY?

The average Covington, KY cheap apartment size is 670 sq. ft.

What are the advantages of renting a cheap apartment in Covington, KY?

Cheap apartments in Covington, KY are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Covington, KY?

A cheap apartment in Covington, KY offers little storage space and fewer amenities compared to other apartments. You might be interested in studio apartments, 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, or browse all RENTCafé apartments for rent in Covington, KY.

Covington, KY Demographics

  • Total Population40,548
  • Female 20,204
    Male 20,344
  • Median Age36

Average Rent in Covington, KY

  • Covington, KY Average Rental Price, February 2021 $1,116 /mo

Covington, KY Apartment Rent Ranges

  • $501-$70016%
  • $701-$1,00037%
  • $1,001-$1,50030%
  • $1,501-$2,0008%
  • > $2,0008%

Covington, KY Rent Trends

Average Rent Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Feb / 2021
Covington, KY $781 $783 $801 $858 $897 $1,130 $1,117 $1,127 $1,116
National $1,381 $1,418 $1,428 $1,432 $1,468 $1,475 $1,477 $1,464 $1,462

Covington, KY Households

  • Total Number of Households16,951
  • Family 8,460
    Non-family 8,491
  • Children 4,460
    No Children 12,491
  • Average People Per Household2.33
  • Median Household Income$43,437
  • Median Housing Costs Per Month$794

Covington, KY Education Statistics

  • No High School6%
  • Some High School40%
  • Some College24%
  • Associate Degree6%
  • Bachelor Degree16%
  • Graduate Degree8%

Looking for a cheap apartment for rent in Covington, KY? With RENTCafé, finding an affordable apartment in Covington, KY has never been easier. We feature 104 low-priced rentals directly from property managers, with rents lower than the Covington, KY average. What is a cheap rent in Covington, KY? The average apartment rent in Covington is $1,116 per month so any rental south of $893 would be considered cheap here. On RENTCafé, Covington, KY rents go as low as $465/mo.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!