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Rental Market Trends in Covina, CA

What is the average rent in Covina, CA?

$1,846/month

Average Rent

692 Sq Ft

Average Apartment Size

+0.6%

Increase in the Last Year

As of October 2025, the average rent in Covina, CA is $1,846 per month. For comparison, the national average rent price in the US is currently $1,630/month, which means Covina rent prices are 13% higher than the national average. When you rent an apartment in Covina, you can expect to pay about $1,515 per month for a studio, $1,846 for a one-bedroom apartment, and around $2,225 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,775 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,515/month
382 Sq Ft
One Bedroom
$1,846/month
692 Sq Ft
Two Bedroom
$2,225/month
868 Sq Ft
Three Bedroom
$2,775/month
1,005 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,765/month
844 Sq Ft
Three Bedroom
$3,519/month
1,109 Sq Ft
Four Bedroom
$4,663/month
2,015 Sq Ft
Floor Plan Type
Average Rent
Average 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 increased by 0.6%, which averages out to $11 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated October 2025
Legend
2024 2025
Market Trends Over Time

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
$1,892/month
746 Sq Ft
Covina-Valley
$2,107/month
705 Sq Ft
Charter Oak
$2,220/month
742 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
$2,220/month
742 Sq Ft
Covina-Valley
$2,107/month
705 Sq Ft
Downtown Covina
$1,892/month
746 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
$2,107/month
705 Sq Ft
Downtown Covina
$1,892/month
746 Sq Ft
Charter Oak
$2,220/month
742 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 $1,846, you’ll want to make about $6,153 per month or $73,836 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

240 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
$1,324/month
$1,494/month
One Bedroom
$1,432/month
$1,960/month
Two Bedroom
$1,813/month
$2,497/month
Three Bedroom
$2,662/month
$2,649/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

$1,850 - $2,900

1-3 Beds

Verandas

Verandas

200 N Grand Ave,
West Covina, CA 91791

$2,298 - $3,212

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

$2,195 - $2,295

2 Beds

Property Management Companies in Covina, CA

FPI Management
FPI Management
  • 622

    Communities

  • 106,854

    Units

  • 220

    Cities

3 Communities in Covina
Positive Investments, Inc.
Positive Investments, Inc.
  • 44

    Communities

  • 3,694

    Units

  • 31

    Cities

2 Communities in Covina
Miracle Mile Properties
Miracle Mile Properties
  • 18

    Communities

  • 3,038

    Units

  • 13

    Cities

2 Communities in Covina
Pacifica Companies
Pacifica Companies
  • 83

    Communities

  • 13,203

    Units

  • 63

    Cities

1 Community in Covina
Moss & Company
Moss & Company
  • 136

    Communities

  • 9,711

    Units

  • 35

    Cities

1 Community in Covina
BLVD Residential
BLVD Residential
  • 82

    Communities

  • 7,118

    Units

  • 33

    Cities

1 Community in Covina
Western National Group
Western National Group
  • 52

    Communities

  • 12,209

    Units

  • 30

    Cities

1 Community in Covina
The REMM Group
The REMM Group
  • 34

    Communities

  • 4,212

    Units

  • 26

    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 September 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity