Cheap Homes for Rent in Covington, IN from $600 (13 Rentals)

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Search the lowest-cost Homes available for rent right now in Covington.

property at 1818 Michigan St

1818 Michigan St

CrawfordsvilleIN47933
property at 904 Sloan St

904 Sloan St

CrawfordsvilleIN47933

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

Best Value Apartments for Rent in Covington, IN and Nearby

As of March 25, 2025 the best value apartment in the Covington area is the $1.39 price per square foot Grand - Garage Included Model at Avalon Bluffs in the starting from $2,200. The second greatest value Covington apartment is the 4x3 D Model at Hub on Campus West Lafayette starting at $1,395 with a $1.13 price per square foot in the Downtown Lafayette neighborhood. 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.
Avalon BluffsGrand - Garage Included3BR,2BA$1.39
Hub on Campus West Lafayette4x3 D4BR,3BA$1.13
Devonshire Village2 Bed 2 Bath Private Entry2BR,2BA$1.21
Crosswalk Commons4 Bedroom 2 Bath4BR,2BA$0.69
Cloverdale HeightsStudio, 1 bathStudio ,1BA$1.00
Southridge CommonsB12BR,2BA$1.32
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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Frequently Asked Questions about Covington

What type of rentals are currently available in Covington?

There are currently 50 Apartments for Rent in Covington, IN with pricing that ranges from $525 to $3,697. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Covington ranging from $650 to $1,950.

What is the current price range for Rental Homes in Covington?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Covington ranges from $650 to $1,950 with an average monthly rent of $1,020.

How much are larger Three and Four Bedroom Rentals in Covington?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Covington range from $975 to $3,559, while Three Bedroom Homes, Condos, and Townhomes for rent range from $675 to $1,950. Four Bedroom Single-Family rentals are also available starting from $895 and Four Bedroom Apartments start at $1,109.

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 Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.