518 Garrard St
CovingtonKY41011
Cheap Homes for Rent in Downtown Covington Neighborhood of Covington, KY from $900 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Covington area of Covington.
1209 Holman St
CovingtonKY41011
1224 Banklick St
CovingtonKY41011
634 Greenup St
CovingtonKY41011
Cincinnati's Best Affordable Neighborhoods
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Downtown Covington, Covington, KY Local Guide
Covington Skyline from Devou Park by Ynsalh is licensed under CC BY 4.0
How much does it cost to rent a home in Downtown Covington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Covington 2 Bedroom Homes for Rent | $1,855 | $995 | $2,300 |
| Downtown Covington 3 Bedroom Homes for Rent | $2,800 | $2,100 | $3,500 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Downtown Covington Neighborhood of Covington, KY.
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Downtown Covington, Covington, KY Local Guide
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Best Value Apartments for Rent in Downtown Covington, KY
As of March 29, 2025 the best value apartment in the Downtown Covington area is the $1.50 price per square foot 10 W Pike St Model at 10 W Pike St, Unit B in the in the Northern Kentucky neighborhood starting from $1,800. The second greatest value Downtown Covington apartment is the Alcove Model at The Gateway Flats at Manhattan Harbour starting at $2,195 with a $1.92 price per square foot in the Queensgate neighborhood. Here is today’s list of the best values for Downtown Covington apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 10 W Pike St, Unit B | 10 W Pike St | 1BR,1BA | $1.50 |
| The Gateway Flats at Manhattan Harbour | Alcove | 2BR,2BA | $1.92 |
| Riverhaus | B1 | 2BR,2BA | $1.95 |
| 103 E 3rd St. - The Hayden | 2BR/1.0BA | 2BR,1BA | $2.35 |
| Fourth & Plum | 2-1f&pFDenCFourth & Plum | 2BR,1BA | $1.93 |
| Radius At The Banks | Ellipse | 1BR,1BA | $2.28 |
| Madison Place Apartments | The Shelby | Studio ,1BA | $2.35 |
| Flats on the Row | 1 Bed | 1 Bath | 1BR,1BA | $1.45 |
| Current At The Banks | Arena | 1BR,1BA | $2.47 |
| Cadence of Newport | Solo | 1BR,1BA | $2.07 |
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Frequently Asked Questions about Downtown Covington
What type of rentals are currently available in Downtown Covington?
There are currently 123 Apartments for Rent in Downtown Covington, KY with pricing that ranges from $795 to $5,920. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Covington ranging from $995 to $3,500.
What is the current price range for Rental Homes in Downtown Covington?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Covington ranges from $995 to $3,500 with an average monthly rent of $1,989.
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.
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.
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.
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.
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.