Cheap Homes for Rent in Covington, VA from $700 (10 Rentals)

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Covington, VA Local Guide

Cheapest Available Covington Apartments for Rent and Nearby

 

The cheapest available apartment rental in Covington, VA is a Studio unit found at Ridgeview Apartments in the Fair Land neighborhood priced from $660. Blue Ridge Village Senior Property in the Gilmer neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $836. Here is today’s list of the most affordable Covington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ridgeview ApartmentsStudioStudio,1BA$660
Blue Ridge Village Senior Property2 Bedroom2BR,1BA$836
The Cove Apartments2x12BR,1BA$916

Best Value Apartments for Rent in Covington, VA and Nearby

As of April 13, 2025 the best value apartment in the Covington area is the $1.18 price per square foot 2 Bedroom Model at The Aspen in the in the Peachtree Norwood neighborhood starting from $1,449. The second greatest value Covington apartment is the 2BR Model at The Vista at Orchards starting at $1,299 with a $1.15 price per square foot in the Williamson Road 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.
The Aspen2 Bedroom2BR,2BA$1.18
The Vista at Orchards2BR2BR,2BA$1.15
Blue Ridge Village Senior Property2 Bedroom2BR,1.5BA$0.75
North Point2BR2BR,2BA$1.31
Countryside Estates2 Bedroom x 1 Bathroom Classic Floor Plan2BR,1BA$1.24
Peters Creek Apartments - Tax Credit2BR/2BA2BR,2BA$1.12
648 Farm Road2 Bedroom Lewisburg2BR,1BA$1.10
The Flats at Rutgers2x12BR,1BA$1.36
The Cove Apartments2x12BR,1BA$1.15
WestWind Apartment Homes1 bedroom1BR,1BA$1.33

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Frequently Asked Questions about Covington

What type of rentals are currently available in Covington?

There are currently 34 Apartments for Rent in Covington, VA with pricing that ranges from $660 to $3,325. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Covington ranging from $750 to $4,800.

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 $750 to $4,800 with an average monthly rent of $2,359.

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 $1,282 to $3,325, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $2,900. Four Bedroom Single-Family rentals are also available starting from $1,595 and Four Bedroom Apartments start at $1,725.

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.

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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.

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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.