The Sinclair at Callaway Farm
10500 Town Center Blvd,
Covington, GA 30014
1-3 Beds | $1,599 - $2,640
Rental Market Trends in Covington, GA
What is the average rent in Covington, GA?
$1,369/month
Average Rent
808 Sq Ft
Average Apartment Size
-2.8%
Decrease in the Last Year
As of December 2024, the average rent in Covington, GA is $1,369 per month. For comparison, the national average rent price in the US is currently $1,560/month, which means Covington rent prices are 12% lower than the national average. When you rent an apartment in Covington, you can expect to pay about $1,116 per month for a studio, $1,369 for a one-bedroom apartment, and around $1,513 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,126 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average 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 decreased by 2.8%, which averages out to $37 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 December 2024
Legend
2023
2024
Rent Ranges in Covington, GA
Last Updated December 2024
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
17%
$700 - $1,000/month
39%
$1,001 - $1,500/month
28%
$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 $1,369, you’ll want to make about $4,563 per month or $54,756 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.
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.
Nearby City Rent Trends
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RangeWater
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Red Tail Residential
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73
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Advanced Precision Group LLC
-
67
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8,065
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51
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Elmington Capital
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118
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21,548
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48
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The Gateway Companies
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Methodology
† 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.
* Percentages may not total 100 due to rounding.