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Rent Prices in Covington, OH
Median gross rent (rent plus utilities) by number of bedrooms. American Community Survey 2020-2024 5-year estimates.
- Median rent
- $588/mo
- Ohio $1,034/mo
- 2-bedroom median rent
- $396/mo
- Ohio $1,063/mo
- Renters paying 30%+ of income
- 34.1%
- Ohio 45.9%
- Renter households
- 339
- Ohio 1,595,287
Covington has fewer than 10,000 residents, so these survey estimates have wide margins of error. Compare with care.
Median rent by number of bedrooms
Gross rent: contract rent plus utilities
| Bedrooms | Median rent |
|---|---|
| Studio (no bedroom) | Not reported |
| 1 bedroom | $742/mo |
| 2 bedrooms | $396/mo |
| 3 bedrooms | $785/mo |
| 4 bedrooms | Not reported |
| 5 or more bedrooms | Not reported |
Rent as a share of income
Renter households where the share could be computed
- Pay 30% or more of income10834.1%
- Pay 50% or more of income4112.9%
The median renter household spends 18.8% of its income on rent.
HUD Fair Market Rent, fiscal year 2027
Dayton-Kettering-Beavercreek, OH MSA
2 bedrooms: $1,248/mo. HUD Fair Market Rent is used for housing assistance and is not an asking rent.
How it compares
Swipe the table sideways to see more columns.
| Area | Median rent | 1 bedroom | 2 bedrooms | 3 bedrooms | Renters paying 30%+ of income |
|---|---|---|---|---|---|
| Covington, OH | $588/mo | $742/mo | $396/mo | $785/mo | 34.1% |
| Miami County | $966/mo | $768/mo | $924/mo | $1,186/mo | 43.0% |
| Ohio | $1,034/mo | $828/mo | $1,063/mo | $1,176/mo | 45.9% |
| United States | $1,413/mo | $1,235/mo | $1,407/mo | $1,584/mo | 51.1% |
Frequently asked questions
- What is the median rent in Covington, OH?
- The median gross rent in Covington, OH is $588 a month, and a typical 2-bedroom rents for $396/mo.
- How does Covington compare with Ohio?
- The median rent in Covington is $588/mo, compared with $1,034/mo for Ohio as a whole.
Source: U.S. Census Bureau, American Community Survey · 2020-2024 5-year estimates