11

Studio Apartments for Rent in Covington, KY

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  • /50

    Starting at $1,561

    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

    (859) 600-6334

    437 W 6th St, Covington, KY 41011
  • /27

    $1,739 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

    (859) 600-6532

    650 W 3rd St, Covington, KY 41011
  • /19

    $1,000 Per Month

    • Studio
    • 1 Bath
    • 455 Sq Ft
    • House for Rent

    112 E 5th St, Covington, KY 41011

    Lower level large commercial office space. Located on East 5th Street directly across from the library and right off the bus line! Landlord pays water, sanitation, and trash. Approximately 455 sq. ft., with additional 180 sq. ft. storage/utility room.COMMERCIAL SPACE ONLY - NOT A RESIDENTIAL LISTING - In the lower level of a multi-unit residential building - Centrally located - One level

    112 E 5th St, Covington, KY 41011
  • /19

    $1,000 Per Month

    • Studio
    • 1 Bath
    • 455 Sq Ft
    • Condo for Rent

    112 E 5th St Unit Commercial Office, Covington, KY 41011

    COMMERCIAL SPACE ONLY - NOT A RESIDENTIAL LISTING - In the lower level of a multi-unit residential building - Centrally located - One level floorplan with bathroom facilities and 12 x 15 storage/utility room - Front office area 18 x 13 and back office area 14 x 14 - Good walkability to all things Covington and the Riverfront. Landlord pays water, sanitation, and trash.- Prior long term tenant

    112 E 5th St Unit Commercial Office, Covington, KY 41011

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 $1,335 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while single-family homes and townhouses 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 $53,400 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 $1,335 per month in Covington, KY, renters typically need to show $4,005 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 15.6, 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 Downtown Covington, City Center, Over-The-Rhine, Mount Auburn and Clifton, each with its own character and price range.

Rental Home Trends in Covington, KY

Rental Home Trends

Number of Homes for Rent
4
Median Rent
$1,335
Median Single Family Home Rent
$1,488
Median Townhouse Rent
$1,700
Median Condo Rent
$1,450
How to Rent a Home