Covington, KY has a population of 40,578, while the median age is 36. The household income in Covington, KY is around $38,346. The homeownership rate among the residents is 49%. The median residential property value in Covington, KY that you should keep in mind is $100,800.
|Number Of Employees||18,707|
|Median Property Value||$100,800|
Over the Nov 2022, the average rent for an apartment in/near Covington, KY increased by 11% to $1,842.
Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 12.8% to $1,175. Pricing for 2-bed apartment also decreased by 10.8% and a place of this size will now cost you $1,665. 3-bed apartment rent pricing starts at $1,400, it increased by 74.8% lately. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $2,633 for a big-family home.
The median rent for an apartment in Covington, KY increased by 7.7% to $1,598. Statistics show that house rent price decreased by 51.9% this month making it up to $2,190. Condos faced an upward trend these days. The median rent for a condo decreased by 17.1%, it’s now available for $1,606. The median rent for a loft did not face significant changes this time, it now still goes for $1,495. Townhouse rent pricing didn’t change, the price still starts at $1,635.