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Covington, TX Home Values and Rents

The typical home value in Covington is $334,310. Median rent is $1,031 a month.

Typical home value
$334,310
Zillow
Median rent
$1,031/mo
ACS 2020-2024
Price change, 1 year
-1.3%
Sep 2026
Homeownership
87.8%
TX: 62.6%

Typical home value in Covington

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodCovington
Sep 2026$334,310
Dec 2025$326,924
Dec 2024$366,130
Dec 2023$345,832
Dec 2022$341,603
Dec 2021$336,179
Dec 2020$262,004
Dec 2019$226,477
Dec 2018$216,788
Dec 2017$199,049
Dec 2016$176,909
Dec 2015$161,071
Dec 2014$149,389
Dec 2013$138,219
Dec 2012$132,993

Over five years, Covington prices changed +5.9%.

Source: Zillow Research · Last updated 09/01/2026

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Fair Market Rents, FY2027

HUD rent standard for Hill County, TX

TX rents
Unit sizeMonthly rentvs FY2026
Studio$788+11.8%
1 bedroom$858+7.0%
2 bedrooms$1,080+5.6%
3 bedrooms$1,495+7.0%
4 bedrooms$1,699-1.0%

Frequently asked questions

What is the typical home value in Covington, TX?
The typical home value in Covington is $334,310 (Zillow Home Value Index, Sep 2026). The Texas median is $283,800.
How much is rent in Covington?
The median rent in Covington is $1,031 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,080.
Are home prices going up in Covington?
The typical home value in Covington changed -1.3% over one year and +5.9% over five years, as of Sep 2026.