Riverhaus
515 Main St,
Covington, KY 41011
$1,500 - $3,954 | Studio - 2 Beds
Covington
Covington, KY
Area Guide
Rich history and vibrant character define this Cincinnati suburb
Historic
•
Suburb
•
Commuter
•
Architecture
•
Affordable
•
Upscale
•
River
•
Parks
•
Airport
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Covington is a vibrant suburban city located directly across the Ohio River from Cincinnati. The north side of the city is well known for its stunning historic architecture, from the numerous magnificent churches to the iconic John A. Roebling Suspension Bridge (connecting Covington with Cincinnati) to the brick townhomes of the Mutter Gottes Historic District. Farther south, things spread out considerably as the urban layout begins to blend into the surrounding countryside.
The local rental market is huge and diverse, ranging from upscale historic homes and swanky downtown condos to sensible suburban homes to budget-friendly efficiency apartments. The variety of housing options combined with the easy access to Cincinnati has bade Covington a longtime favorite for commuters, and frequent travelers will love the close proximity to Cincinnati/Northern Kentucky International Airport.
Rent Trends
As of April 2025, the average apartment rent in Covington, KY is $1,360 for a studio, $1,367 for one bedroom, $1,846 for two bedrooms, and $1,682 for three bedrooms. Apartment rent in Covington has decreased by -1.0% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$1,367/month
708 Sq Ft
House
$2,684/month
908 Sq Ft
Condo
$2,245/month
564 Sq Ft
Townhome
$1,710/month
571 Sq Ft
Cost of Living
The cost of living in Covington, KY is 12.5% lower than the national average. Generally, housing in Covington is 30.6% less expensive than the national average, with rent falling between $1,360 - $1,846. You can expect to pay 13.0% less for groceries, 5.6% less for utilities, and 21.5% more for transportation.
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Transportation
71
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
36
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
55
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Schools
Public
Grades K-5
407 Students
9
Public
Grades PK-5
492 Students
8
Ryland Heights Elementary School
Public
Grades PK-5
454 Students
8
Public
Grades PK-5
455 Students
7
Public
Grades K-5
304 Students
7
Public
Grades 6-8
656 Students
3
Public
Grades K-12
11 Students
Rating Unavailable
Public
Grades 9-12
878 Students
1
Public
Grades K-12
11 Students
Rating Unavailable
School data provided by
GreatSchools
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
Points of Interest
Shopping Centers
Parks and Recreation
- Newport Aquarium
- John G. & Phyllis W. Smale Riverfront Park
- Theodore M. Berry Friendship Park
- Cincinnati History Museum
- Wilson Commons
Commuter Rail
Airports
- Cincinnati/Northern Kentucky International
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Property Management Companies in Covington, KY
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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 2025.