Covington, IN rental market
Last updated August 10, 2025
Rental market summary
The average rent for all bedrooms and all property types in Covington, IN is $649.
$649
$0
+$174
1
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $649 to $649.
| Rent price | Number of rental properties |
|---|---|
| $600+ | 1 |
Average rent price over time
In the last year, rent has increased by $174 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $899 | $999 |
| Feb | $849 | $595 |
| Mar | $699 | $999 |
| Apr | $585 | $649 |
| May | $899 | $849 |
| Jun | $2,500 | $849 |
| Jul | $2,500 | $662 |
| Aug | $475 | $649 |
| Sep | $475 | No data |
| Oct | $475 | No data |
| Nov | $425 | No data |
| Dec | $550 | No data |
Market temperature
The Covington, IN rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Covington, IN is 69% lower than the national average.
$649
$2,100
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Frequently asked questions
1. What is the average rent in Covington, IN?
The average rent in Covington, IN is $649.
2. How much does it cost to rent a house in Covington, IN?
Houses in Covington, IN rent between $649 - $649 with an average rent of $649.
3. How has the rent in Covington, IN changed in the last year?
In the last year, the rent in Covington, IN increased by $174
4. How much has the rent in Covington, IN increased/decreased in the last month?
In the last month, the rent in Covington, IN did not change.
5. How many available rentals are there in Covington, IN?
There are currently 1 rentals available in Covington, IN.
6. How do rent prices in Covington, IN compare with the national average?
The average rent in Covington, IN is $649 — 69.1% lower the national average of $2,100.