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Rental Market Trends in Covington, GA

What is the average rent in Covington, GA?

$1,468/month

Average Rent

794 Sq Ft

Average Apartment Size

+2.8%

Increase in the Last Year

As of March 2026, the average rent in Covington, GA is $1,468 per month. For comparison, the national average rent price in the US is currently $1,626/month, which means Covington rent prices are 10% lower than the national average. When you rent an apartment in Covington, you can expect to pay about $1,475 per month for a studio, $1,468 for a one-bedroom apartment, and around $1,588 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,068 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,475/month
620 Sq Ft
One Bedroom
$1,468/month
794 Sq Ft
Two Bedroom
$1,588/month
1,096 Sq Ft
Three Bedroom
$2,068/month
1,530 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,284/month
880 Sq Ft
Three Bedroom
$1,864/month
1,589 Sq Ft
Four Bedroom
$2,154/month
2,169 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,739/month
1,629 Sq Ft

How much has average rent changed in Covington, GA?

In the past year, rent has increased by 2.8%, which averages out to $42 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 March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Covington, GA
Last Updated March 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Covington, GA
Percentage*
Rent Range
0% Below $700/month
9% $700 - $1,000/month
30% $1,001 - $1,500/month
39% $1,501 - $2,000/month
22% Above $2,000/month

What salary do I need to live comfortably in Covington, GA?

Because the average rent in Covington is $1,468, you’ll want to make about $4,893 per month or $58,716 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

Covington, GA

863 Available Apartments for Rent

Search for Nearby Apartments

How does Covington, GA compare to other nearby cities and neighborhoods?

Use the tool below to compare Covington, GA 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 Covington, GA

Apartment Averages

Nearby City Rent Trends

  • Conyers Average Rent
  • Monroe Average Rent

Apartment communities in Covington we think you'll love

Pointe Grand Covington

Pointe Grand Covington

8000 Revolution Way,
Covington, GA 30014

$1,898 - $2,478 Total Monthly Price

2 Beds

The Sinclair at Callaway Farm

The Sinclair at Callaway Farm

10500 Town Center Blvd,
Covington, GA 30014

$1,635 - $2,815 Total Monthly Price

1-3 Beds

RENDER Turner Lake by Crescent Communities

RENDER Turner Lake by Crescent Communities

7900 Kaplan Rd,
Covington, GA 30014

$1,575 - $2,494 Total Monthly Price

1-3 Beds

RENDER Covington By Crescent Communities

RENDER Covington By Crescent Communities

9300 Delk Dr,
Covington, GA 30014

$1,533 - $2,454 Total Monthly Price

1-3 Beds

Property Management Companies in Covington, GA

Greystar
Greystar
  • 3,467

    Communities

  • 953,952

    Units

  • 894

    Cities

2 Communities in Covington
ZRS Management
ZRS Management
  • 347

    Communities

  • 103,010

    Units

  • 138

    Cities

1 Community in Covington
Winn Companies
Winn Companies
  • 164

    Communities

  • 33,014

    Units

  • 115

    Cities

1 Community in Covington
Dominium
Dominium
  • 122

    Communities

  • 26,144

    Units

  • 92

    Cities

1 Community in Covington
Elmington Capital
Elmington Capital
  • 135

    Communities

  • 22,288

    Units

  • 72

    Cities

1 Community in Covington
Advanced Precision Group LLC
Advanced Precision Group LLC
  • 84

    Communities

  • 11,836

    Units

  • 61

    Cities

1 Community in Covington
The Gateway Companies
The Gateway Companies
  • 79

    Communities

  • 9,706

    Units

  • 61

    Cities

1 Community in Covington
Gallery Residential
Gallery Residential
  • 81

    Communities

  • 20,805

    Units

  • 57

    Cities

1 Community in Covington

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United States Georgia Covington 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 February 2026.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity