How many apartments are available in 30016 on Rentable.co?

Rentable.co has 34 apartments available for rent in 30016.

What is the average rent for an apartment in 30016?

The average rent for an apartment in 30016 is around $1,830 per month.

What is the average rent for a two-bedroom apartment in 30016?

The average rent for a two-bedroom apartment in 30016 is around $1,000 per month.

What is the average rent for a one-bedroom apartment in 30016?

The average rent for a one-bedroom apartment in 30016 is around $1,012 per month.

Apartments in 30016

Covington:
November Rent Report

Welcome to the November 2024 Covington Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Covington rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Covington and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Covington average rent prices in the chart below.

Monthly Rent Report

$1,650

$1,240

$830

$410

Dec. 2023

Jan. 2024

Feb. 2024

Mar. 2024

Apr. 2024

May. 2024

Jun. 2024

Jul. 2024

Aug. 2024

Sep. 2024

Oct. 2024

Nov. 2024

1 BR 2 BR

Covington Rent Prices Decrease From October to November

Covington rent prices decreased over the last month. From October to November, the city experienced a -2.99% decrease for the price of a one-bedroom apartment. The rent price for a Covington one-bedroom apartments currently stands at $1,396.0.

When we take a look at the two-bedroom comparison from October to November, Covington experienced a -2.08% decrease for the price of a two-bedroom apartment. The rent price for a Covington two-bedroom apartments currently stands at $1,316.0.

November Prices: Covington vs. Surrounding Areas

Rent Prices in Covington and Surrounding Areas

Rent prices have decreased in Covington over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Covington suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rents did not increase in any of the Covington suburbs
Rents did not decrease in any of the Covington suburbs.

November 2024 Pricing Trends: Covington vs. National Comparisons

New York, NY

San Francisco, CA

Los Angeles, CA

Washington, DC

Chicago, IL

Columbus, OH

Minneapolis, MN

Pittsburgh, PA

$4,211

$3,115

$2,373

$2,354

$1,903

$1,338

$1,246

$1,202

$1,400

$2,800

$4,200

$5,600

Median Rent

Covington Rent Prices More Affordable Than Major Cities

Rent growth in Covington over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Covington average rent prices appear to be relatively affordable for local residents.

The price for a Covington one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Covington and surrounding area rent prices, take a look at the complete data set below.

Data set for Covington and suburbs

	1 BR November	1 BR M/M % Change	2 BR November	2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.