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Rental Market Trends in Covington, GA

What is the average rent in Covington, GA?

$1,482/month

Average Rent

794 Sq Ft

Average Apartment Size

+2.9%

Increase in the Last Year

As of June 2026, the average rent in Covington, GA is $1,482 per month. For comparison, the national average rent price in the US is currently $1,644/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 $1,437 per month for a studio, $1,482 for a one-bedroom apartment, and around $1,599 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,101 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,437/month
620 Sq Ft
One Bedroom
$1,482/month
794 Sq Ft
Two Bedroom
$1,599/month
1,096 Sq Ft
Three Bedroom
$2,101/month
1,537 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,862/month
1,516 Sq Ft
Four Bedroom
$2,288/month
2,253 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 Covington, GA?

In the past year, rent has increased by 2.9%, which averages out to $44 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 June 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Covington, GA
Last Updated June 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Covington, GA
Percentage*
Rent Range
0% Below $700/month
9% $700 - $1,000/month
35% $1,001 - $1,500/month
35% $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 $1,482, you’ll want to make about $4,940 per month or $59,280 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.

Explore the Area Guide for Covington, GA

Apartment Averages

Nearby City Rent Trends

  • Conyers Average Rent
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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

$1,778 - $2,927 Total Monthly Price

1-3 Beds

RENDER Turner Lake by Crescent Communities

RENDER Turner Lake by Crescent Communities

7900 Kaplan Rd,
Covington, GA 30014

$1,694 - $2,495 Total Monthly Price

1-3 Beds

Pointe Grand Covington

Pointe Grand Covington

8000 Revolution Way,
Covington, GA 30014

$1,575 - $2,369

2 Beds

Park View Apartments

Park View Apartments

10920 By Pass Rd,
Covington, GA 30014

$1,215 - $1,765 Total Monthly Price

1-3 Beds | 12 Month Lease

Property Management Companies in Covington, GA

Greystar
Greystar
  • 3,524

    Communities

  • 968,977

    Units

  • 898

    Cities

2 Communities in Covington
ZRS Management
ZRS Management
  • 370

    Communities

  • 110,671

    Units

  • 142

    Cities

1 Community in Covington
RangeWater
RangeWater
  • 221

    Communities

  • 54,046

    Units

  • 121

    Cities

1 Community in Covington
Dominium
Dominium
  • 124

    Communities

  • 26,910

    Units

  • 94

    Cities

1 Community in Covington
Elmington Capital
Elmington Capital
  • 154

    Communities

  • 25,122

    Units

  • 80

    Cities

1 Community in Covington
Gallery Residential
Gallery Residential
  • 91

    Communities

  • 23,539

    Units

  • 62

    Cities

1 Community in Covington
Advanced Precision Group LLC
Advanced Precision Group LLC
  • 80

    Communities

  • 11,639

    Units

  • 58

    Cities

1 Community in Covington
The Gateway Companies
The Gateway Companies
  • 65

    Communities

  • 7,021

    Units

  • 55

    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 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