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Rental Market Trends in Covina, CA

What is the average rent in Covina, CA?

$1,853/month

Average Rent

690 Sq Ft

Average Apartment Size

-0.5%

Decrease in the Last Year

As of January 2026, the average rent in Covina, CA is $1,853 per month. For comparison, the national average rent price in the US is currently $1,625/month, which means Covina rent prices are 14% higher than the national average. When you rent an apartment in Covina, you can expect to pay about $1,518 per month for a studio, $1,853 for a one-bedroom apartment, and around $2,249 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,696 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,518/month
383 Sq Ft
One Bedroom
$1,853/month
690 Sq Ft
Two Bedroom
$2,249/month
867 Sq Ft
Three Bedroom
$2,696/month
1,005 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$3,479/month
1,156 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$3,316/month
1,318 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Covina, CA?

In the past year, rent has decreased by 0.5%, which averages out to $9 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Covina, CA
Last Updated January 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Covina, CA
Percentage*
Rent Range
0% Below $700/month
3% $700 - $1,000/month
27% $1,001 - $1,500/month
39% $1,501 - $2,000/month
31% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Covina?

Based on current rent prices, Downtown Covina, Covina-Valley and Charter Oak are the most affordable neighborhoods in Covina.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Covina
$1,917/month
742 Sq Ft
Covina-Valley
$2,057/month
690 Sq Ft
Charter Oak
$2,230/month
729 Sq Ft

What are the most expensive neighborhoods in Covina?

Based on current rent prices, Charter Oak, Covina-Valley and Downtown Covina are the most expensive neighborhoods in Covina.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Charter Oak
$2,230/month
729 Sq Ft
Covina-Valley
$2,057/month
690 Sq Ft
Downtown Covina
$1,917/month
742 Sq Ft

Which Covina neighborhoods have the most rentals available?

The neighborhoods in Covina with the most apartments available are Covina-Valley, Downtown Covina and Charter Oak .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Covina-Valley
$2,057/month
690 Sq Ft
Downtown Covina
$1,917/month
742 Sq Ft
Charter Oak
$2,230/month
729 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Covina, CA?

Because the average rent in Covina is $1,853, you’ll want to make about $6,176 per month or $74,112 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Covina, CA

268 Available Apartments for Rent

Search for Nearby Apartments

How does Covina, CA compare to other nearby cities and neighborhoods?

Use the tool below to compare Covina, CA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Covina, CA

Apartment Averages

Downtown Covina

Covina, CA

Charter Oak

Covina, CA

Studio
$1,328/month
$1,495/month
One Bedroom
$1,443/month
$1,966/month
Two Bedroom
$1,812/month
$2,549/month
Three Bedroom
$2,670/month
$2,657/month
Search
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Nearby City Rent Trends

  • West Covina Average Rent
  • Azusa Average Rent
  • Walnut Average Rent
  • San Dimas Average Rent
  • Glendora Average Rent

Apartment communities in Covina we think you'll love

Sunset Square Apartments

Sunset Square Apartments

745 N Sunset Ave,
West Covina, CA 91790

$1,900 - $2,900

1-3 Beds

Verandas

Verandas

200 N Grand Ave,
West Covina, CA 91791

$2,483 - $4,626

1-3 Beds

South Hills

South Hills

2900 E Virginia Ave,
West Covina, CA 91791

$2,345 - $3,695

1-3 Beds

Serrano Apartments

Serrano Apartments

1513 W San Bernardino Rd,
West Covina, CA 91790

$2,150 - $2,250

2 Beds

Property Management Companies in Covina, CA

The REMM Group
The REMM Group
  • 39

    Communities

  • 4,663

    Units

  • 30

    Cities

2 Communities in Covina
Miracle Mile Properties
Miracle Mile Properties
  • 19

    Communities

  • 3,202

    Units

  • 14

    Cities

2 Communities in Covina
Pacifica Companies
Pacifica Companies
  • 88

    Communities

  • 14,105

    Units

  • 66

    Cities

1 Community in Covina
BLVD Residential
BLVD Residential
  • 89

    Communities

  • 7,935

    Units

  • 34

    Cities

1 Community in Covina
Moss & Company
Moss & Company
  • 142

    Communities

  • 10,021

    Units

  • 33

    Cities

1 Community in Covina
Western National Group
Western National Group
  • 53

    Communities

  • 11,999

    Units

  • 30

    Cities

1 Community in Covina
Advanced Real Estate
Advanced Real Estate
  • 64

    Communities

  • 11,802

    Units

  • 29

    Cities

1 Community in Covina
Positive Investments, Inc.
Positive Investments, Inc.
  • 35

    Communities

  • 3,130

    Units

  • 28

    Cities

1 Community in Covina

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United States California Covina Rental Trends

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 November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity