Covington, KY rental market
What is the average rent in Covington, KY?
Last updated June 22, 2026
Rental market summary
The average rent for all bedrooms and all property types in Covington, KY is $1,500.
Average rent
$1,500
Month-over-month change
+$51
Year-over-year change
+$150
Available rentals
138
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $850 to $5,397.
| Rent price | Number of rental properties |
|---|---|
| $800 | 1 |
| $900 | 13 |
| $1,000 | 8 |
| $1,100 | 11 |
| $1,200 | 13 |
| $1,300 | 16 |
| $1,400 | 17 |
| $1,500 | 17 |
| $1,600 | 10 |
| $1,700 | 11 |
| $1,800 | 14 |
| $1,900 | 10 |
| $2,000 | 3 |
| $2,100 | 4 |
| $2,200 | 7 |
| $2,300 | 1 |
| $2,400 | 4 |
| $2,500 | 4 |
| $2,600 | 1 |
| $2,900 | 2 |
| $3,100 | 3 |
| $3,200 | 1 |
| $3,700 | 1 |
| $3,800 | 1 |
| $3,900 | 1 |
| $5,000+ | 1 |
Average rent price over time
In the last year, rent has increased by $150 compared to the previous year.
| Last year (2025) | This year (2026) | |
|---|---|---|
| Jan | $1,350 | $1,395 |
| Feb | $1,350 | $1,499 |
| Mar | $1,300 | $1,500 |
| Apr | $1,490 | $1,500 |
| May | $1,450 | $1,450 |
| Jun | $1,395 | $1,500 |
| Jul | $1,395 | No data |
| Aug | $1,420 | No data |
| Sep | $1,400 | No data |
| Oct | $1,400 | No data |
| Nov | $1,420 | No data |
| Dec | $1,395 | No data |
Market temperature
The Covington, KY rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Covington, KY is 25% lower than the national average.
$1,500
$2,005
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Frequently asked questions
1. What is the average rent in Covington, KY?
2. What is the average rent for a studio apartment in Covington, KY?
3. What is the average rent for a one-bedroom apartment in Covington, KY?
4. What is the average rent for a two-bedroom apartment in Covington, KY?
5. What is the average rent for a three-bedroom apartment in Covington, KY?
6. What is the average rent for a four-bedroom apartment in Covington, KY?
7. How much does it cost to rent a house in Covington, KY?
8. How has the rent in Covington, KY changed in the last year?
9. How much has the rent in Covington, KY increased/decreased in the last month?
10. How many available rentals are there in Covington, KY?
11. How do rent prices in Covington, KY compare with the national average?
