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Monthly Rent
$1,350
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Bedrooms
3 bd
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Bathrooms
1 ba
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Square Feet
Details
Discover Homeownership
Renting vs. Buying
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Housing Cost Per Month: $1,350
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Rent for 30 YearsRenting doesn't build equity Future EquityRenting isn't tax deductible Mortgage Interest Tax Deduction$0 Net Return
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Buy Over 30 Years$534K - $950K Future Equity$237K Mortgage Interest Tax Deduction$48K - $464K Gain Net Return
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Located about 37 miles northeast of Memphis, Covington is a charming town rich with historic character. Established in the early 1800s, Covington honors its historic legacy with an array of well-preserved buildings, museums, and landmarks. Covington’s South Main Street District blends past and present, boasting numerous eateries, shops, and offices in old-fashioned buildings along tree-lined thoroughfares.
Covington offers a wide variety of affordable apartments available for rent. Residents love Covington’s small-town feel, along with its close proximity to recreational opportunities. Covington’s own Cobb-Parr Memorial Park is a popular spot for outdoor fun as well as the nearby Fort Pillow State Historic Park, Lower Hatchie National Wildlife Refuge, the Hatchie River, and the Mississippi River. Getting around from Covington is simple with convenience to U.S. 51.
Learn more about living in CovingtonColleges & Universities | Distance | ||
---|---|---|---|
Colleges & Universities | Distance | ||
Drive: | 33 min | 21.8 mi | |
Drive: | 49 min | 33.1 mi | |
Drive: | 51 min | 34.1 mi | |
Drive: | 52 min | 35.9 mi |
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What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
What is a Sound Score Rating?
A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources