Riverhaus
515 Main St,
Covington, KY 41011
$1,388 - $4,174
Studio - 2 Beds
Downtown Covington
Covington, KY
Downtown Covington - Covington, KY Area Guide
Delight in downtown’s abundance of historical charm
Urban
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Historic
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Charming
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Scenic
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Riverside
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Vibrant
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Quaint
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Nestled in the northern portion of the city, Downtown Covington is home to the central business district along with a slew of cultural and recreational amenities. Madison Avenue brims with vintage charm, with colorful buildings in a diverse range of architectural stylings containing numerous specialty shops, entertainment venues, and local restaurants serving international cuisine.
Many of Downtown Covington’s buildings are adorned with vibrant murals painted by local and international artists. Goebel Park is also located in the area, offering traditional park amenities like a public pool and playground as well as a German-style Carroll Chimes Clock Tower, which displays a charming puppet show of the Pied Piper every hour.
The neighborhood’s close-knit community comes together for a wide variety of exciting events, including Mainstrasse Oktoberfest, Maifest, Mardi Gras, the First Friday Gallery Hop, and many others. Close proximity to I-71, Clay Wade Bailey Bridge, and John A. Roebling Suspension Bridge as well as Cincinnati Northern Kentucky International Airport makes commuting and traveling from Downtown Covington a breeze.
Rent Trends
As of March 2026, the average apartment rent in Downtown Covington is $1,308 for a studio, $1,569 for one bedroom, $2,088 for two bedrooms, and $1,618 for three bedrooms. Apartment rent in Downtown Covington has decreased by -1.4% in the past year.
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Studio
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597 sq ft
Average Sq Ft
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$1,308/month
Average Rent
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1 BR
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782 sq ft
Average Sq Ft
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$1,569/month
Average Rent
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2 BR
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1,167 sq ft
Average Sq Ft
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$2,088/month
Average Rent
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3 BR
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1,086 sq ft
Average Sq Ft
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$1,618/month
Average Rent
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Downtown Covington - Covington, KY is for everyday living.
Walker's Paradise
89
/ 100
Lace up your walking shoes because this area is considered a walker’s paradise.
Some Transit
45
/ 100
You'll likely want a car when living in this area since it has few transit options.
Bikeable
68
/ 100
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Scores provided by Walk Score
Points of Interest
Shopping Centers
Parks and Recreation
- Newport Aquarium
- John G. & Phyllis W. Smale Riverfront Park
- Theodore M. Berry Friendship Park
- OMNIMAX Theater
- Cincinnati History Museum
Commuter Rail
Airports
- Cincinnati/Northern Kentucky International
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.