Cheap Apartments for Rent in Covington, OH from $500 (29 Rentals)

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

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Piqua Senior Apartments
Studio to 2 Bedroom Apartments

Piqua Senior Apartments

316 N College StPiqua, OH 45356
Senior Living
  • Utilities Included
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1268 Todd Lane
1 Bedroom Apartments

1268 Todd Lane

1238 Todd LnTroy, OH 45373
  • Utilities Included
Showing Results 1-29, Page 1 of 1

Covington, OH Local Guide

Cheapest Available Covington Apartments for Rent and Nearby

 

The cheapest available apartment rental in Covington, OH is a 1 Bed unit found at 120 E Van Lake Dr in the Outer Northeast neighborhood priced from $775. Pleasantwood Apartments & Townhomes in the Little Richmond neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $775. Here is today’s list of the most affordable Covington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
120 E Van Lake DrFully Remodeled - 1 Bedroom / 1 Bath1BR,1BA$775
Pleasantwood Apartments & TownhomesStudioStudio,1BA$775
Shiloh Gardens Independent Living1 Bedroom1BR,1BA$779
Timberlake ApartmentsAugustine2BR,1BA$782
McKaig Court ApartmentsApartment11BR,1BA$800
Robert Hock Apartments0 Bedroom 1 BathroomStudio,1BA$800
Carriage House Apartments1 Bedroom Flat1BR,1BA$810
Trotwood CommonsOne Bedroom Garden1BR,1BA$825
Liberty Commons 62 or Older or DisabledLiberty Commons1BR,1BA$830
Salem WoodsThe Bell1BR,1BA$839

Best Value Apartments for Rent in Covington, OH and Nearby

As of April 17, 2025 the best value apartment in the Covington area is the $1.10 price per square foot Three Bedroom Townhouse Model at Trotwood Commons in the in the Northern Hills neighborhood starting from $1,400. The second greatest value Covington apartment is the The Den Model at Fox Run starting at $999 with a $0.96 price per square foot in the James M. Cox Dayton International Airport 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.
Trotwood CommonsThree Bedroom Townhouse3BR,1.5BA$1.10
Fox RunThe Den2BR,1BA$0.96
Garden Woods ApartmentsRenovated Two Bedroom/Two Bath2BR,2BA$1.15
Timberlake ApartmentsAugustine2BR,1BA$0.92
SYCAMORE CREEK APARTMENTS2-bed-1-bath-8752BR,1BA$0.99
Carriage House Apartments1 Bedroom Flat1BR,1BA$0.96
McKaig Court ApartmentsApartment22BR,1BA$1.17
Belle Meadows1x1 7201BR,1BA$1.18
Imperial Continental Court Apartments1 Bedroom 1 Bathroom1BR,1BA$1.29
120 E Van Lake DrFully Remodeled - 1 Bedroom / 1 Bath1BR,1BA$1.11

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Getting Around Covington, OH

Walk Score®

28 / 100

Car-Dependent

Most errands require a car

Bike Score®

37 / 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

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

The lowest price for a Cheap One Bedroom Covington Apartment is $775 at 120 E Van Lake Dr.

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 $782 at Timberlake Apartments.

What is the most affordable Covington Three Bedroom Apartment?

The best deal on a cheap Covington Three Bedroom Apartment rental is at Englewood Villas & Residences and starts from $1,175.

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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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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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.

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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.

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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.