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Rental Market Trends in Covington, GA

What is the average rent in Covington, GA?

$1,459/month

Average Rent

796 Sq Ft

Average Apartment Size

-1%

Decrease in the Last Year

As of July 2025, the average rent in Covington, GA is $1,459 per month. For comparison, the national average rent price in the US is currently $1,637/month, which means Covington rent prices are 11% lower than the national average. When you rent an apartment in Covington, you can expect to pay about $1,327 per month for a studio, $1,459 for a one-bedroom apartment, and around $1,573 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,076 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,327/month
620 Sq Ft
One Bedroom
$1,459/month
796 Sq Ft
Two Bedroom
$1,573/month
1,060 Sq Ft
Three Bedroom
$2,076/month
1,506 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,838/month
1,538 Sq Ft
Four Bedroom
$2,197/month
2,187 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,816/month
1,541 Sq Ft

How much has average rent changed in Covington, GA?

In the past year, rent has decreased by 1%, which averages out to $14 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 July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Covington, GA
Last Updated July 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Covington, GA
Percentage*
Rent Range
0% Below $700/month
11% $700 - $1,000/month
39% $1,001 - $1,500/month
33% $1,501 - $2,000/month
17% Above $2,000/month

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

Because the average rent in Covington is $1,459, you’ll want to make about $4,863 per month or $58,356 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

936 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
  • Loganville Average Rent

Apartment communities in Covington we think you'll love

RENDER Covington By Crescent Communities

RENDER Covington By Crescent Communities

9300 Delk Dr,
Covington, GA 30014

1-3 Beds | $1,517 - $2,415

The Sinclair at Callaway Farm

The Sinclair at Callaway Farm

10500 Town Center Blvd,
Covington, GA 30014

1-3 Beds | $1,475 - $2,915

RENDER Turner Lake by Crescent Communities

RENDER Turner Lake by Crescent Communities

7900 Kaplan Rd,
Covington, GA 30014

1-3 Beds | $1,650 - $2,530

Westfield Townhomes

Westfield Townhomes

5140 Monarch Ct,
Covington, GA 30016

3 Beds | $2,299 - $2,599

Property Management Companies in Covington, GA

Greystar
Greystar
  • 3,269

    Communities

  • 909,681

    Units

  • 846

    Cities

2 Communities in Covington
ZRS Management
ZRS Management
  • 324

    Communities

  • 95,743

    Units

  • 136

    Cities

1 Community in Covington
Dominium
Dominium
  • 104

    Communities

  • 21,578

    Units

  • 82

    Cities

1 Community in Covington
Elmington Capital
Elmington Capital
  • 134

    Communities

  • 22,416

    Units

  • 66

    Cities

1 Community in Covington
Advanced Precision Group LLC
Advanced Precision Group LLC
  • 68

    Communities

  • 8,790

    Units

  • 51

    Cities

1 Community in Covington
Gallery Residential
Gallery Residential
  • 70

    Communities

  • 17,759

    Units

  • 50

    Cities

1 Community in Covington
The Gateway Companies
The Gateway Companies
  • 63

    Communities

  • 9,124

    Units

  • 50

    Cities

1 Community in Covington
Ambling Companies, Inc.
Ambling Companies, Inc.
  • 30

    Communities

  • 3,226

    Units

  • 23

    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 June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity