Look for studio apartments near me
Are you looking to land a small but cool studio apartment near you? Is an unbeatable location more important to you than lots of space? You can now browse through all available RentCafe listings, to find the perfect studio apartment near you, in your favorite neighborhood, ZIP code, or in another city or state in the U.S. wherever life takes you. Check the ratings and reviews of properties with studio apartments, filter them based on your criteria, and find the one that suits your needs.
Compare the size, price and location, as well as amenities, both inside and outside the apartment. Whether you are looking for a more modern studio near you, or one in a charming old building, or maybe you want to be close to a certain park, the downtown area of your city, or near family or friends, RentCafe allows you to find the best fit for you - so, let's find your new home!
Frequently Asked Questions
What are the advantages of renting a studio apartment in Covington, KY?
Studio apartments in Covington, KY tend to be more affordable than other apartments and they have lower utility costs.
What are the downsides of renting a studio apartment in Covington, KY?
One of the downsides of living in a studio apartment is the limited storage space. You might be interested in 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, or browse all RentCafe apartments for rent in Covington, KY.
Covington, KY Demographics
- Total Population40,548
Female 20,204Male 20,344
- Median Age36
The total population of Covington, KY is 40,548, of which 20,204 are men and 20,344 are women, according to the most recent U.S. Census Bureau estimates. The residents of Covington have a median age of 36.
Average Rent in Covington, KY
- Covington, KY Average Rental Price, April 2022 $1,251 /mo
Apartments in Covington, KY rent for $1,251 per month, on average.
Covington, KY Apartment Rent Ranges
3% of apartments in Covington, KY are priced between $501-$700. About 46% charge rents in the $701-$1,000 range. Approximately 20% of Covington’s apartment rentals are priced between $1,001-$1,500. Meanwhile, 25% of apartments are in the most expensive $1,501-$2,000 range.
Covington, KY Rent Trends
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The average monthly rent in Covington, KY is around $1,251, while the national average rent is $1,628.
Covington, KY Households
- Total Number of Households16,951
Family 8,460Non-family 8,491
Children 4,460No Children 12,491
- Average People Per Household2.33
- Median Household Income$43,437
- Median Housing Costs Per Month$794
A total of 16,951 households live in Covington, KY, of which 8,460 are family households and 8,491 are non-family households, per U.S. Census estimates. Of these, approximately 4,460 households have children and 12,491 households do not have children. The average size of a household in Covington, KY is 2.33. The median household income in Covington is $43,437 annually, with $794 per month going towards housing.
Covington, KY Education Statistics
According to Census data, 6% of the population in Covington, KY have no high school education, 40% went to high school, 24% have some college education, 6% earned an Associate Degree, 16% earned a Bachelor Degree, and 8% earned a Graduate Degree.
Renting a studio apartment in Covington, KY
The bad news is that the hip neighborhoods are typically not the places to look for truly affordable homes for rent, and Covington, KY is no exception. That is unless you are willing to give up the (real or imagined) benefits of multiple rooms and experience the minimalist simplicity of a small apartment located smack dab in the middle of the action. Leaf through 25 listings with a total of 26 units, and you’ll be sure to find at least a couple of cheap studios that will make you wonder whether having one or two extra rooms is really worth the difference in price and commute time. Already a fan of living small? Why don’t you check out our selection of one room apartments—there’s always a better deal out there, you just have to know where to look for it (Fort Wright is the cheapest neighborhood in town—wink wink).
They are called efficiency apartments for a reason
In case you’re still wondering, the time and effort put into finding an efficiency apartment does pay off. Literally, and pretty fast too. The Covington, KY average rent is currently at $1,337, but a single-bedroom apartment in Covington, KY can be yours for as low as $565 per month. While the cheapest bachelor units normally have a small bath and one bigger, multifunctional space (meaning that the hall and the kitchen in the main room, basically), you don’t need to have that if it’s not your thing. You can find plenty of one-room apartments in Covington, KY with a separate kitchen. These are still well under the price of an apartment with multiple rooms, but slightly more expensive than your average studio, so it’s a good idea to aim for the higher end of the price range. The currently the most expensive studio apartment in Covington, KY costs a monthly $6,964.