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Rental Market Trends in Covington, GA

Updated July 2026

The average rent in Covington, GA is $1,434/month.

Rent in Covington is roughly equal to the national average rent of of $1,662/month.

$1,434/month

Average Rent

794 Sq Ft

Average Size

-2.8%

Change / Year

826

Available Apartments

Covington rent varies by unit size and layout:

  • Studio apartments in Covington average $1,495 per month.
  • One-bedroom apartments in Covington average $1,434 per month.
  • Two-bedroom apartments in Covington average $1,585 per month.
  • Three-bedroom apartments in Covington average $2,033 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,495/month
620 Sq Ft
One Bedroom
$1,434/month
794 Sq Ft
Two Bedroom
$1,585/month
1,095 Sq Ft
Three Bedroom
$2,033/month
1,532 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$1,431/month
866 Sq Ft
Three Bedroom
$1,853/month
1,490 Sq Ft
Four Bedroom
$2,242/month
2,181 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$1,620/month
1,802 Sq Ft
View Covington Apartments

How much has average rent changed in Covington, GA?

In the past year, rent has decreased by 2.8%, which averages out to $39 less per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Covington, GA

July 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Covington, GA
Percentage*
Rent Range
0% Below $700/month
12% $700 - $1,000/month
29% $1,001 - $1,500/month
42% $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 $1,434, you’ll want to make about $4,780 per month or $57,360 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

826 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.

View the Covington Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Conyers

    Conyers

  • Monroe

    Monroe

  • Loganville

    Loganville

  • Lithonia

    Lithonia

  • Stonecrest

    Stonecrest

  • Snellville

    Snellville

Apartment Communities in Covington We Think You'll Love

The Sinclair at Callaway Farm

The Sinclair at Callaway Farm

10500 Town Center Blvd,
Covington, GA 30014

1-3 Beds | $1,700 - $3,009

RENDER Turner Lake by Crescent Communities

RENDER Turner Lake by Crescent Communities

7900 Kaplan Rd,
Covington, GA 30014

1-3 Beds | $1,493 - $2,495

Pointe Grand Covington

Pointe Grand Covington

8000 Revolution Way,
Covington, GA 30014

2 Beds | $1,699 - $2,349

Park View Apartments

Park View Apartments

10920 By Pass Rd,
Covington, GA 30014

1-3 Beds | $1,115 - $1,565

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Frequently Asked Questions

What is the average rent in Covington?

The average rent in Covington is $1,434 per month, which is 13.7% lower than the national average of $1,662.

What is the average rent for a house in Covington?

The average rent for a house in Covington, GA is $1,853 per month.

Are rents going up or down in Covington?

Rents in Covington, GA are decreasing, with prices down 2.8% year-over-year and $39 less per month.

What rent range is most common in Covington?

In Covington, GA, 42% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.

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 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity