Rentometer, Inc. | Data as of 10/23/2025
Covington, Tennessee, offers a welcoming blend of historic charm and modern convenience, making it an attractive destination for renters seeking a balanced lifestyle. Nestled in the heart of Tipton County, the city features tree‑lined streets, a vibrant downtown district, and easy access to the nearby Mississippi River. Residents enjoy proximity to beloved attractions such as the Covington City Park, the historic Jefferson College campus, and a variety of local eateries and boutique shops that give the area its distinct small‑town appeal.
The rental market in Covington is diverse, featuring both single‑family homes and a range of apartment communities. While single‑family houses provide spacious living and private yards, apartments are especially popular among young professionals and couples looking for low‑maintenance options. One‑bedroom apartments, for example, typically fall within the $500‑$800 range, reflecting an affordable entry point for renters while still offering quality amenities and convenient locations near schools, transit routes, and shopping centers.
Neighborhoods such as the historic West End and the newer Riverfront development each bring unique character to the city’s housing landscape. These areas benefit from strong community ties, well‑maintained streetscapes, and easy access to essential services like healthcare facilities and recreational venues. Whether you’re seeking a quiet residential setting or a lively urban atmosphere, Covington’s rental options provide flexibility and value for a wide range of lifestyle preferences.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $584 | $735 | $199 - $820 | $199 - $820 |
In the current period, the average rent in Covington was
$585 for 1 Bedroom, and
$948 for 3 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.