Cheap Apartments for Rent in Covington, IN from $500 (54 Rentals)

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Cheap Apartments in Covington.

property at 814 2nd St

814 2nd St

CovingtonIN47932

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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property at 1818 Michigan St

1818 Michigan St

CrawfordsvilleIN47933
property at 904 Sloan St

904 Sloan St

CrawfordsvilleIN47933
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2803 S. Beck Lane
1 Bedroom Apartments

2803 S. Beck Lane

2803-2807 Beck LnLafayette, IN 47909
  • Utilities Included
Showing Results 1-50, Page 1 of 2

Covington, IN Local Guide

Cheapest Available Covington Apartments for Rent and Nearby

 

The cheapest available apartment rental in Covington, IN is a Studio unit found at Brookhaven priced from $525. CNC Leasing Group Various Lafayette Locations in the Downtown Lafayette neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $595. Here is today’s list of the most affordable Covington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
BrookhavenStudioStudio,1BA$525
CNC Leasing Group Various Lafayette LocationsStudioStudio,1BA$595
Brunswick ApartmentsStudioStudio,1BA$625
Country Manor Apartments1BR/1.0BA1BR,1BA$649
The Grove1 Bed 1 Bath1BR,1BA$726
Townway Place1 Beds, 1 Baths1BR,1BA$800
Devonshire Village1 Bed 1 Bath1BR,1BA$900
202 E Crockett2 Bedroom2BR,1BA$945
Georgetown South1 Bedroom1BR,1BA$950
Winfield Farms - Garages Available1 Bedroom1BR,1BA$990

Best Value Apartments for Rent in Covington, IN and Nearby

As of May 07, 2025 the best value apartment in the Covington area is the $1.13 price per square foot 4x3 D Model at Hub on Campus West Lafayette in the in the Downtown Lafayette neighborhood starting from $1,395. The second greatest value Covington apartment is the 2 Bed 2 Bath Private Entry Model at Devonshire Village starting at $1,450 with a $1.21 price per square foot . Here is today’s list of the best values for Covington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hub on Campus West Lafayette4x3 D4BR,3BA$1.13
Devonshire Village2 Bed 2 Bath Private Entry2BR,2BA$1.21
Concord CrossingSUGAR CREEK II Apartment: NEW Construction SEPT...2BR,2BA$1.18
Cloverdale HeightsStudio, 1 bathStudio ,1BA$1.00
Southridge CommonsB12BR,2BA$1.32
Cypress Square2 Bedroom. 1.5 Bath2BR,1.5BA$1.31
202 E Crockett2 Bedroom2BR,1BA$1.05
Country Manor Apartments1BR/1.0BA1BR,1BA$0.76
Georgetown South1 Bedroom1BR,1BA$1.19
The Grove1 Bed 1 Bath1BR,1BA$0.97

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Best Local Schools in
Covington, IN

School data provided by Great Schools

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Getting Around Covington, IN

Walk Score®

16 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

26 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Covington Apartments

What is the Cheapest Studio apartment in Covington?

Currently the most affordable Cheap Studio Apartment in Covington is at Brookhaven listed at $525.

How much is rent for a Cheap One Bedroom Covington Apartment?

The lowest price for a Cheap One Bedroom Covington Apartment is $649 at Country Manor Apartments.

What is the lowest price for a Cheap Two Bedroom Covington Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Covington is starting from $699 at Country Manor Apartments.

What is the most affordable Covington Three Bedroom Apartment?

The best deal on a cheap Covington Three Bedroom Apartment rental is at Brookhaven and starts from $975.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.