Rentometer, Inc. | Data as of 10/23/2025
Covington’s rental market offers a balanced mix of apartments and single‑family homes, making the city an attractive destination for a wide range of renters. Apartment seekers will find studio units typically positioned in the $1400s, while one‑bedroom apartments hover around the same level, offering a comfortable entry point for professionals and students alike. Larger floor plans, such as two‑ and three‑bedroom apartments, trend toward the $2100 range, reflecting the city’s modern amenities and convenient access to the Ohio River waterfront.
For those preferring more space, houses for rent in Covington present compelling options. One‑bedroom homes average just above $1200, ideal for couples or individuals seeking a quieter neighborhood vibe. Two‑bedroom houses generally fall in the $1600 bracket, and three‑bedroom homes approach $1900, providing ample room for families. Larger homes with four or more bedrooms are available in the $2200 range, catering to extended families or shared‑living arrangements. Popular residential districts such as The Heights, MainStrasse, and the historic Riverside area combine classic charm with close proximity to local shops, restaurants, and cultural attractions.
Beyond the homes themselves, Covington boasts a vibrant community scene anchored by its riverfront promenade, historic downtown, and easy transit connections to neighboring Cincinnati. Renters enjoy nearby green spaces like John James Audubon State Park and a variety of dining and entertainment options. Whether you’re looking for a sleek apartment steps from MainStrasse’s lively bars or a spacious house within a family‑friendly neighborhood, Covington’s diverse rental offerings and convenient location make it a standout choice in Kentucky’s housing landscape.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,431 | $1,499 | $920 - $1,660 | $1,370 - $1,640 |
| Apartment | 1 Bedroom | $1,390 | $1,475 | $400 - $2,990 | $925 - $1,703 |
| Apartment | 2 Bedroom | $2,131 | $1,973 | $1,100 - $4,134 | $1,595 - $2,248 |
| Apartment | 3 Bedroom | $2,138 | $2,150 | $1,395 - $3,000 | $1,450 - $2,672 |
| House | 1 Bedroom | $1,218 | $1,197 | $925 - $1,650 | $1,100 - $1,350 |
| House | 2 Bedroom | $1,609 | $1,500 | $995 - $3,750 | $1,350 - $1,795 |
| House | 3 Bedroom | $1,919 | $1,862 | $1,250 - $3,950 | $1,622 - $2,100 |
| House | 4+ Bedroom | $2,225 | $2,050 | $1,595 - $4,600 | $1,895 - $2,350 |
In the current period, the average rent in Covington was $1,369 for Studio, $1,368 for 1 Bedroom, $1,767 for 2 Bedroom, $1,941 for 3 Bedroom, and $2,222 for 4+ Bedroom.
Data provided by Rentometer, Inc.