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Covington, KY Homes for Rent

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  • /48

    Starting at $1,395 Per Month

    • 1 - 2 Beds

    22 Swain Ct, Covington, KY 41011

    Special Deal: One month FREE in rent credit on any new 12-month lease!Welcome to CitiView ~ On The River, a newly and fully renovated pet-friendly community offering modern luxury living. CitiView is a seven-story building featuring one, two, and three-bedroom apartments, as well as outdoor amenities such as a pet play area and a community grilling and patio area. Each apartment

    CitiView ~ On the River

    22 Swain Ct, Covington, KY 41011
  • /50

    Starting at $1,640

    Total Monthly Price

    • Studio - 2 Beds

    437 W 6th St, Covington, KY 41011

    Welcome to the newest apartments for rent in Covington. Once a historical icon, this newly developed community offers unrivaled contemporary living near Mainstrasse and downtown Cincinnati. Our section of private entry townhomes and studio, one, and two bedroom apartments are curated to invigorate the senses and inspire you to live life to the fullest. Choosing JRG Lofts also means exclusive

    JRG Lofts

    437 W 6th St, Covington, KY 41011
  • /50

    Starting at $1,390 Per Month

    • 1 - 3 Beds

    1431 Dixie Hwy, Covington, KY 41011

    Welcome home to Tapestry Ridge, conveniently located in the vibrant, urban city of Covington, Kentucky and boasting a sophisticated cutting edge with curated collections of modern appeal and rich architectural detail in our apartment homes. Situated in the desirable Park Hills neighborhood, this prime location puts you only a few minutes away from great shopping options, a vast array of dining

    Tapestry Ridge

    1431 Dixie Hwy, Covington, KY 41011
  • /50

    Starting at $1,615 Per Month

    • Studio - 2 Beds

    515 Main St, Covington, KY 41011

    Riverhaus offers modern luxury apartment living in the heart of Covington, KY, located in the vibrant MainStrasse Village just minutes from Downtown Cincinnati. Choose from studio, one, and two-bedroom apartments featuring quartz countertops, stainless-steel GE appliances, soft-close cabinetry, wood-style flooring, in-unit washer and dryer, and select residences with kitchen islands, walk-in

    RiverHaus

    515 Main St, Covington, KY 41011
  • /29

    Starting at $1,011 Per Month

    • 1 - 2 Beds

    1839 Pikeview Ct, Covington, KY 41011

    All units at this time have a waiting list for the 1, 2 and 3 bedroomsWe do accept the section 8 voucher for the 2 and 3 bedrooms that waiting list is about a year

    Madison View Apartments

    1839 Pikeview Ct, Covington, KY 41011
  • /45

    Starting at $765 Per Month

    • 1 - 2 Beds

    525 Greenup St, Covington, KY 41011

    Welcome to The Arthur, a historic building with unique upgrade apartment homes, with original hardwood floors, crown molding and uniqueness that only a historic building can offer. Located right in the middle of Covington, walking distance to everything that Covington has to offer and close to Cincinnati. With historical details, beautiful outdoor area with large trees, picnic tables and chairs

    The Arthur Historic Apartments

    525 Greenup St, Covington, KY 41011
  • /46

    Starting at $1,465 Per Month

    • 1 - 2 Beds

    109 Wrights Point Dr, Ft Wright, KY 41011

    Here in Ft. Wright, you'll find the private hilltop community called Wright's Point Apartments. If you're looking for comfortable, complete and relaxed lifestyle apartments in Northern Kentucky, Wright's Point Apartments is the place to be! Wright's Point Apartments is also your stop for apartments near Covington and Newport, and we are just ten minutes south of Downtown Cincinnati. Get the city

    Wrights Point

    109 Wrights Point Dr, Ft Wright, KY 41011
  • /26

    Starting at $1,350 Per Month

    • 1 - 2 Beds

    100 Winding Way, Covington, KY 41011

    Enjoy the best of both worlds at The Bluffs at Devou Park...feel like you are away from it all in this park-like, hilltop setting, while knowing that you are just moments from vibrant, urban centers on both sides of the Ohio River including Covington and Newport in Northern Kentucky and downtown Cincinnati. The stunning residences at The Bluffs were completely remodeled during their recent

    Bluffs at Devou Park

    100 Winding Way, Covington, KY 41011
  • /27

    $1,799 Per Month

    • Studio
    • 1 Bath
    • 300 Sq Ft
    • Furnished Studio-Cincinnati - Covington

    650 W 3rd St, Covington, KY 41011

    Enjoy a fully furnished studio suite in our hotel at an affordable rate with free wi-fi, free utilities and free premium cable. Each studio suite has a full kitchen with full-size refrigerator, stovetop and microwave, and has a flexible workspace and plenty of storage. All our hotels are pet-friendly and have on-site guest laundry available. Plus, there are no long-term commitments and you can

    Furnished Studio-Cincinnati - Covington

    650 W 3rd St, Covington, KY 41011
  • /35

    Starting at $975 Per Month

    • 1 - 2 Beds

    1198 Far Hills Dr, Park Hills, KY 41011

    Cedar Ridge Apartments gives you a quiet, well-connected place to call home in Park Hills, Kentucky. This Northern Kentucky community is tucked into a convenient residential setting while keeping you close to Covington, Downtown Cincinnati, and the surrounding work, dining and shopping destinations you visit most.Choose from comfortable one and two bedroom apartment homes designed for

    Cedar Ridge

    1198 Far Hills Dr, Park Hills, KY 41011
  • /20

    Starting at $1,730 Per Month

    • 1 Bed

    421 Garrard St, Covington, KY 41011

    Monthly rent INCLUDES ALL of the following: * all utilities * one off-street parking spot with optional EV charging station * apartment-size washer & dryer * private gigabit internet access with WiFiOther amenities include: * secure mailbox and package delivery area * weekly off-site bed linen wash & fold (sheets/pillowcases only) * a

    The Amos

    421 Garrard St, Covington, KY 41011
  • /20

    $2,875 Per Month

    • 6 Beds
    • 2.5 Baths
    • 2,600 Sq Ft
    • House for Rent

    1808 Holman St, Covington, KY 41014

    Property Id: 1218468 Welcome to 1808 Holman Avenue, a beautifully updated three-story home offering an impressive 6 bedrooms and 2.5 bathrooms in the heart of Covington, Kentucky. With generous living space spread across three levels, this home is perfect for large households, roommates, or anyone seeking extra room for home offices, guest spaces, or hobbies. Step inside and enjoy the

    1808 Holman St, Covington, KY 41014
  • /20

    $1,121 Per Month

    • 2 Beds
    • 1 Bath
    • 1,167 Sq Ft
    • 514#B East 16th Street, 41014; #721886 - 721886

    514 E 16th St, Covington, KY 41014

    Find your next home in this modernly refreshed 2-bedroom, 1-bath home on E 16th St in the Patton subdivision of Covington. We are pet-friendly! Your dogs and cats are welcome at 514#B East 16th Street.A contemporary feel awaits in this recently refreshed home. Modern amenities feature whole-home Air Conditioning, a gas stove and oven, and a Dishwasher and a refrigerator. The

    514#B East 16th Street, 41014; #721886 - 721886

    514 E 16th St, Covington, KY 41014
  • /15

    $1,380 Per Month

    • 3 Beds
    • 1 Bath
    • 1,664 Sq Ft
    • House for Rent

    4503 Decoursey Ave, Covington, KY 41015

    Now leasing: this professionally renovated 3-bedroom, 1-bath home on Decoursey Ave in the Sandford Franklin subdivision of Covington. Showing by appointment only. Please do not disturb the current occupants and do not visit without scheduling a tour in advance.We are pet-friendly! Your dogs and cats are welcome at 4503 Decoursey Avenue.Enjoy the contemporary atmosphere of

    4503 Decoursey Ave, Covington, KY 41015
  • /22

    $1,750

    Total Monthly Price

    • 3 Beds
    • 1.5 Baths
    • 620 Sq Ft
    • Condo for Rent

    1808 Madison Ave Unit 1, Covington, KY 41014

    Welcome home to this beautifully updated, spacious 3-bedroom, 1.5-bathroom first-floor unit located at 1808 Madison Ave in Covington, KY consisting of the entire first floor with a front entry under the porch, a side entry door, and a rear entry option via the new rear deck! Blending historic charm with entirely modern luxury, this first-floor unit has been completely renovated and rebuilt to

    1808 Madison Ave Unit 1, Covington, KY 41014
  • /33

    $1,500

    Total Monthly Price

    • 2 Beds
    • 1.5 Baths
    • 1,300 Sq Ft
    • Condo for Rent

    802 Willard St Unit 2 upstairs, Covington, KY 41011

    Location, location, location and great parking!! Close to many of Covington's best entertainment and dining venues. Two Family Historical House with Hardwood Floors. Come see this beauty and make it your urban residence.Call to schedule a viewing. Application is online *Rent $1500*$1500 Security Deposit*12 Month lease*Online application*Online credit/background check

    802 Willard St Unit 2 upstairs, Covington, KY 41011
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    $1,850

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 900 Sq Ft
    • Condo for Rent

    631 Bakewell St Unit 631 Bakewell Apt #1, Covington, KY 41011

    Historic home located in the heart of Mainstrasse on a tree lined and quaint street. 2 minute walk to Mainstrasse, retail shopping, coffee shops and a multitude of eateries. 15 minute walk to downtown Covington and 5 minute drive to downtown Cincinnati. Renting spacious lower level of a duplex that has been recently renovated. Kitchen stocked with up-to-date appliances. Pet friendly with

    631 Bakewell St Unit 631 Bakewell Apt #1, Covington, KY 41011
  • /18

    $1,450

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 650 Sq Ft
    • Condo for Rent

    217 Wallace Ave Unit 3, Covington, KY 41014

    UNIT 3 Top Floor | 1 Bed / 1 Bath | Furnished MTR | Starting at $1,450/monthFully Furnished 1BR in Covington's Wallace Woods Walk to Cincinnati!Description:Welcome to your home away from home! This beautifully appointed, fully furnished top-floor apartment is nestled in Covington's charming Wallace Woods neighborhood perfect for traveling professionals, corporate relocations,

    217 Wallace Ave Unit 3, Covington, KY 41014
  • /26

    $1,600

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 1,680 Sq Ft
    • Condo for Rent

    701 Edgecliff St Unit 2.0, Covington, KY 41014

    Spacious 2-bedroom, 1-bath apartment offering more than 1,600 square feet of living space in one of Covington's most scenic locations. The oversized open-concept living and dining area provides plenty of room to relax or entertain, while the bright sunroom offers flexible space perfect for a home office, reading room, playroom, or even a third bedroom as many previous tenants have used

    701 Edgecliff St Unit 2.0, Covington, KY 41014
  • /14

    $1,200

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 950 Sq Ft
    • Condo for Rent

    416 W Martin Luther King jr Blvd Unit 3, Covington, KY 41011

    Are you looking for a comfortable newly renovated apartment in a great location? Look no further! Are recently updated apartment has fresh paint, tile, work, and historical charm. You’ll love you, abundance of natural light and excellent views of the area. This apartment has closet in long-term storage space. It’s close to everything you need. Downtown, Mainstrasse, grocery store, expressway,

    416 W Martin Luther King jr Blvd Unit 3, Covington, KY 41011
  • /14

    $1,895

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 2,200 Sq Ft
    • House for Rent

    611 Western Ave, Covington, KY 41011

    MUST SEE ALL REMOLDED 2 BR House for RentFenced in Back Yard2 BR Plus Study GREAT LOCATION! Walk to Devou ParkSky Line View of Cincinnati!!!! New Hard Wood Floors All New SS AppliancesWasher/Dryer Dishwasher / Disposal Central Air Full Unfinished BasementPrivate Back Porch Deck and Backyard$1,895/month plus utilities Call Becky

    611 Western Ave, Covington, KY 41011
  • /10

    $1,850

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 935 Sq Ft
    • Condo for Rent

    300 Pike St Unit 3rd floor pike street, Covington, KY 41011

    Luxury 1 Bedroom Apartment in the Heart of CovingtonExperience modern living in this beautifully renovated luxury 1-bedroom, 1-bath apartment offering 935 square feet of spacious open-concept living space.This stunning apartment features elegant quartz countertops, a custom walk-in tile shower, and all-new appliances, including a convenient washer/dryer combo. Every detail has

    300 Pike St Unit 3rd floor pike street, Covington, KY 41011
  • /44

    $3,000 Per Month

    • 2 Beds
    • 2 Baths
    • 1,578 Sq Ft
    • House for Rent

    1255 W Pike St, Covington, KY 41011

    Million dollar views without the million dollar price tag! Nestled alongside some of the area's finest luxury homes - enjoy the same stunning views at an attractive price point. Amazing renovation of this historic home with panoramic skyline views. New Roof, Windows, Siding, Furnace/AC, Water Heater, Electric, Plumbing in 2024. This beautiful home is filled with sunlight and offers a modern open

    Rick Finn Coldwell Banker Realty

    1255 W Pike St, Covington, KY 41011
  • /21

    $2,465

    Total Monthly Price

    • 3 Beds
    • 2.5 Baths
    • 1,860 Sq Ft
    • House for Rent

    2223 Fedders Ct, Covington, KY 41017

    Now offering 20-month leases. Sign today and lock in today’s low rate for the next 20 months! Offer valid for new applicants who sign a 20-month lease by July 31st, 2026. Base rent will remain at the 12-month lease rate for the duration of the 20-month term. Offer is contingent on application approval and execution of a lease agreement. Other terms and conditions may apply. This property is

    2223 Fedders Ct, Covington, KY 41017
  • /48

    $2,400 Per Month

    • 2 Beds
    • 2 Baths
    • 1,421 Sq Ft
    • House for Rent

    323 Skyview Ct Unit 13303, Ludlow, KY 41016

    Bright, open and thoughtfully designed 2 bed, 2 full bath condo available for lease in the desirable Rivers Breeze community in Ludlow, KY. This neutral, inviting unit features an airy open-concept living and dining space that flows seamlessly to a large covered balcony--perfect for enjoying sweeping hillside views and glimpses of the Ohio River. The primary suite offers a private ensuite bath

    Scott Oyler Coldwell Banker Realty

    323 Skyview Ct Unit 13303, Ludlow, KY 41016
  • /20

    $2,265 Per Month

    • 3 Beds
    • 2.5 Baths
    • 2,100 Sq Ft
    • House for Rent

    1209 Scott St, Covington, KY 41011

    Old Word Charm with updates and a Great Location w/ Direct and Easy Access to Covington Riverfront, Cincinnati, Newport, 12th street, I-75 or I-275. Sturdy, well-maintained, 2 Story All Brick with original hardwood floors, stairs and trim. Functioning pocket door. Dining room is large enough to be a living room, making living room a possible 1st floor BR. Private yard. HVAC/Water Heater/Roof=

    1209 Scott St, Covington, KY 41011
  • /10

    $950 Per Month

    • 1 Bed
    • 1 Bath
    • Apartment for Rent

    917 Highland Ave Unit various, Fort Wright, KY 41011

    Move-in ready! Beautiful, well maintained 1 bedroom apartment conveniently located in Ft Wright with bus stop right out front and just minutes to I-75. All updated and freshly painted throughout. Heat, water & sanitation included in rent. Appliances color and finish vary by Rental Unit. Bathroom finishes may differ from unit to unit. No Pets, No Smoking of any kind. Large coin laundry room and

    Kathy Jones Huff Realty - Florence

    917 Highland Ave Unit various, Fort Wright, KY 41011
  • /14

    $995 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    1704 Madison Ave Unit 1704 Madison Ave Unit 3, Covington, KY 41011

    1704 Madison Ave Unit 1704 Madison Ave Unit 3, Covington, KY 41011
  • /22

    $2,495 Per Month

    • 2 Beds
    • 1.5 Baths
    • 1,385 Sq Ft
    • House for Rent

    513 Pershing Ave, Covington, KY 41011

    A special one floor, brick home in the heart of Mainstrasse Village. Hard to find no steps living with 2 off street parking spaces steps away from the 6th Street Promenade. Two bedrooms, 1.5 baths, laundry and a lovely well-equipped kitchen soaked in natural light. Delightful backyard that is fully fenced. Pets OK with additional deposit. One year lease minimum, tenant pays gas, electric, water

    Rebecca Weber Comey & Shepherd REALTORS

    513 Pershing Ave, Covington, KY 41011
  • /20

    $1,845 Per Month

    • 4 Beds
    • 1 Bath
    • House for Rent

    4516 Huntington Ave, Covington, KY 41015

    Welcome home to this spacious 4-bedroom, 1-bath residence offering plenty of room for comfortable living. Conveniently located in Covington, this home features generous living spaces, large bedrooms, and a functional layout perfect for families or roommates.Enjoy a bright living room, an eat-in kitchen with ample cabinet space, and four nicely sized bedrooms that provide flexibility for a

    4516 Huntington Ave, Covington, KY 41015
  • /22

    $5,495 Per Month

    • 2 Beds
    • 2.5 Baths
    • 1,964 Sq Ft
    • Condo for Rent

    1 Roebling Way Unit 301, Covington, KY 41011

    Experience city living at its finest in this stunning luxury condominium offering nearly 2,000 sq. ft. of beautifully designed living space. Luxury, location, and breathtaking views. Open, light-filled floor plan featuring 2 spacious bedrooms, 2 full bathrooms, a guest bath and versatile den that's perfect for a home office. Enjoy The Ascent with all of its fantastic amenities including 24 hour

    Lee Robinson Robinson Sotheby's Int. Realty

    1 Roebling Way Unit 301, Covington, KY 41011
  • /19

    $1,100 Per Month

    • 1 Bed
    • 1 Bath
    • 1,060 Sq Ft
    • Condo for Rent

    1735 Eastern Ave Unit 2, Covington, KY 41014

    Spacious 1,050 SF Historic 1-Bedroom with Home Office Flex Space in Covington, KY | $1,100/month Looking for a one-bedroom that doesn't feel like every other apartment? This beautifully renovated second-floor home offers over 1,050 square feet of thoughtfully designed living space, combining historic charm with modern conveniences in one of Northern Kentucky's most convenient locations. This

    1735 Eastern Ave Unit 2, Covington, KY 41014
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    $2,400 Per Month

    • 2 Beds
    • 2 Baths
    • 1,555 Sq Ft
    • Condo for Rent

    2307 Piazza Ridge, Covington, KY 41017

    Property also available for purchase. 6 month lease preferred, 12 months would be considered. It's beautiful! Is a condominium the home style for you? If you want as much space as a house with 2 beds, a study, 2 full baths, cathedral ceiling, so many closets, a wooded view and garage - then yes. More affordable insurance, a monthly HOA that includes water, sanitation, trash, exterior and deck

    Barbara Cox Huff Realty - Florence

    2307 Piazza Ridge, Covington, KY 41017
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    $1,250 Per Month

    • 1 Bed
    • 1 Bath
    • 996 Sq Ft
    • Condo for Rent

    711 Philadelphia St, Covington, KY 41011

    MainStrasse Village - Designated as a national historic district, this 19th century German neighborhood is a popular destination for visitors and locals alike as the village features unique shops & galleries, a variety of excellent restaurants, beer and bourbon pubs and entertainment options for live music including rooftop Jazz, authentic Dixieland and more. Throughout the year, the village also

    711 Philadelphia St, Covington, KY 41011
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    $3,500 Per Month

    • 2 Beds
    • 2 Baths
    • 1,093 Sq Ft
    • Condo for Rent

    1 Roebling Way Unit 505, Covington, KY 41011

    Live in one of Northern Kentucky's most iconic addresses--Ascent at Roebling's Bridge. This stylish 2-bedroom, 2 full bath condo offers an open, modern layout with the rare convenience of two full bathrooms. Enjoy a walkable lifestyle just steps from dining, entertainment, and the riverfront, all while taking advantage of Ascent's premier amenities, including a pool, fitness center, concierge

    Michele Mamo eXp Realty LLC

    1 Roebling Way Unit 505, Covington, KY 41011
  • /6

    $1,200 Per Month

    • 2 Beds
    • 1 Bath
    • House for Rent

    2422 Warren St, Covington, KY 41014

    Single Family House for Lease ~ Westside of CovingtonThis single family home is conveniently located between Herman Street & Warren Street. High Ceilings 1 Restroom2 bedrooms Living room Dining room Spacious kitchenUtility ClosetBasement StoragePrivate yardMonthly Rent includes Trash onlyBlue Diamond Properties, IncOffice ~ ~

    2422 Warren St, Covington, KY 41014
  • /10

    $985 Per Month

    • 1 Bed
    • 1 Bath
    • 865 Sq Ft
    • Condo for Rent

    933 Highland Ave, Fort Wright, KY 41011

    Move-in ready! Beautiful, well maintained 1 bedroom apartment conveniently located in Ft Wright with bus stop right out front and just minutes to I-75. All updated and freshly painted throughout. Heat, water & sanitation included in rent. Appliances color and finish vary by Rental Unit. Bathroom finishes may differ from unit to unit. No Pets, No Smoking of any kind. Large coin laundry room and

    Kathy Jones Huff Realty - Florence

    933 Highland Ave, Fort Wright, KY 41011
  • /14

    $995 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    1704 Madison Ave Unit Apartment 3, Covington, KY 41011

    This charming 2-bedroom, 1-bathroom unit features laminate hardwood flooring throughout, a spacious oversized kitchen with ample cabinet space, and convenient washer and dryer hookups.Ideally located near public transportation, downtown Covington, and Cincinnati, this home also offers easy access to the growing entertainment district on Madison Avenue and the popular MainStrasse Village

    1704 Madison Ave Unit Apartment 3, Covington, KY 41011
  • /31

    $1,625 Per Month

    • 3 Beds
    • 1 Bath
    • 1,066 Sq Ft
    • House for Rent

    1232 E Henry Clay Ave, Fort Wright, KY 41011

    Beautifully Renovated 3-Bedroom Townhome in Ft. Wright! Welcome home to this freshly updated townhome offering comfort, style, and convenience in the heart of Ft. Wright. This spacious 3-bedroom, 1-bath property has been thoughtfully renovated throughout providing the perfect blend of modern finishes and everyday functionality. Property Features: Three Bedrooms with great natural light Newly

    Melissa Maxwell ERA Real Solutions Realty

    1232 E Henry Clay Ave, Fort Wright, KY 41011
  • /20

    $1,750 Per Month

    • 4 Beds
    • 2 Baths
    • 1,492 Sq Ft
    • House for Rent

    1321 Hermes Ave, Covington, KY 41011

    Welcome home to this beautifully updated 4-bedroom, 2-bathroom house in Covington, KY — available now for $1,750/month!This spacious 1,492 sq ft home has been freshly renovated and is move-in ready. You'll love the stunning luxury vinyl plank flooring that flows throughout every room, giving the home a bright, modern feel from the moment you walk in.The standout kitchen is truly a

    1321 Hermes Ave, Covington, KY 41011

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Why Live in Covington

Covington, Kentucky, known as "The Cov," is a city of around 41,000 people located across the Ohio River from Cincinnati. The downtown area features a mix of modern apartments and 19th-century buildings, reflecting its historical roots in the iron and tobacco industries. Mainstrasse Village showcases German-inspired architecture and hosts events like Oktoberfest, celebrating the area's cultural heritage. Housing options are varied, with historic American Foursquares and shotgun-style cottages near downtown, and 1920s bungalows and '30s Tudor-style homes in neighborhoods like Wallace Woods and West Latonia. Newer single-family homes and townhouses are found in South Covington. The median home price is about $250,000, which is below the national average. Covington Independent Schools serve local students, and adult education is available at Gateway Adult Education - Kenton County. Mainstrasse Village is a popular spot for dining and shopping, with pizza joints, bars, and shops, while Latonia Centre offers chain retailers and fast-food options. Devou Park, covering over 700 acres, includes a golf course, mountain biking trails, and an amphitheater. The Behringer-Crawford Museum and Roebling Bridge murals provide historical insights. Public transit is managed by TANK, connecting Covington to Cincinnati. The Cincinnati/Northern Kentucky International Airport, 12 miles away, offers flights to over 50 nonstop destinations. Crime rates in Covington are lower than the national average, making it a relatively safe place to live.

Frequently Asked Questions

How much does it cost to rent a home in Covington, KY?
The median rent for a home in Covington, KY is $1,597 per month, though prices vary by neighborhood, size, and property type. As of July 2026, townhouses tend to be the most affordable option while single-family homes and condos are currently more expensive.
How much do you need to make to afford rent in Covington, KY?
To comfortably afford the median rent in Covington, KY, a household needs to earn roughly $63,880 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,597 per month in Covington, KY, renters typically need to show $4,791 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Covington, KY?
In Covington, KY, the price-to-rent ratio is 13.2, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Covington, KY are best for renting a home?
The best neighborhood for renting in Covington, KY depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Peaselburg, Lewisburg, Downtown Covington, City Center and West End, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
63
Median Rent
$1,597
Median Single Family Home Rent
$1,673
Median Townhouse Rent
$1,295
Median Condo Rent
$1,799
How to Rent a Home