
Cheap Apartments for Rent with Specials in Covington, KY from $300 (14 Rentals)
Apartments in Covington with special offers and discounts available right now - opportunities to save money or get a month or more of free rent.
Search the lowest-cost Apartments available for rent right now in Covington.


One Lytle Place

139 E Clifton Ave

The Provident Apartments

537 Elberon Ave

Cedar Ridge

2115 Central Ave, Unit Top Floor Unit 6
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725 Grand Ave, Unit Grand Ave #2

Fourth & Plum

Parisian on Vine Apartments

Lombardy Flats

Textile Apartments

Vue 180

Industry Cincinnati
Cincinnati's Best Affordable Neighborhoods
Learn about Cincinnati and the best places to live with original content written by our Cincinnati, OH Local Expert Joey Hoelscher
Covington, KY Local Guide

How much does it cost to rent an apartment in Covington?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Covington Studio Apartments | $1,456 | $800 | $4,112 |
Covington 1 Bedroom Apartments | $1,786 | $707 | $8,977 |
Covington 2 Bedroom Apartments | $2,528 | $890 | $10,000+ |
Covington 3 Bedroom Apartments | $3,881 | $1,520 | $10,000+ |
Covington 4 Bedroom Apartments | $4,918 | $1,850 | $9,020 |
Covington 5 Bedroom Apartments | $5,655 | $2,795 | $10,000+ |
Explore Covington
Covington, KY Local Guide
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Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Getting Around Covington, KY
Walk Score®
71 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
55 / 100
Bikeable
Some bike infrastructure
Transit Score®
36 / 100
Some Transit
A few nearby public transportation options
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 a cheap apartment in Covington?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Covington is under $890.
What is the price of a cheap apartment in Covington?
The cheapest apartment in Covington is McMicken Ave which is listed at $700, while the average apartment in Covington costs $2,966.
What types of apartments are the cheapest in Covington?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 63 regular apartments in Covington that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Covington?
Cheap apartments in Covington have an average cost of $299 which is $2,667 cheaper than the average rent for all rentals in Covington.
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.

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Cincinnati is a unique Midwest city thanks to its riverfront downtown core, unique terrain, and a surprising amount of 1800s urban architecture not commonly seen west of the East Coast.

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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.

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.