Rents are 13% below what Covington's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,839 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: October 17, 2026
What the numbers show
January. Asking rents in Covington usually run 1.1% below trend in January and 0.9% above it in July, about $37 a month apart at today's median. Based on 11 years of data.
Rent in Covington is 0.2% below its high of $1,843 in June 2026, at $1,839 as of September 2026.
Rent in Covington changed +2.2% over the year to September 2026. Across the 115 Georgia cities Zillow tracks, the typical change was +2.3%.
From 2019 to 2024, rent in Covington rose 49.4% while median household income rose 47.6% ($39,845 to $58,810). Rent outpaced income.
Rent in Covington is 47.5% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent rose in 5 of the last 12 months.
30% of the median household income ($58,810) is $1,470 a month. That covers HUD's Fair Market Rent for up to a studio ($1,435); a 1-bedroom is $1,490.
Conyers, 11 miles away, rents for 10% less ($1,646/mo), about $2,300 a year in savings.
From Zillow's monthly rent index (ZORI) for Covington. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Covington, GA is roughly split between renters and owners, has a large share of families with children, has a median income below the national average, 27.2% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Covington, GA has changed in 5 years
Across the past five years, the going rent in Covington, GA has shifted from $1,452 to $1,839, up 26.7% since 2021. On the earnings side, the typical household in Covington, GA now reports about $58,810, up from $43,881 in 2021. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Census counts show Covington, GA adding about 519 residents over the five-year window, up 3.7% on net. The renter share has eased from 56.7% to 51.4%, with owner-occupied housing accounting for the remainder. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and Covington, GA reflects that arc in its own way.
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Can you afford rent in Covington on your salary?
At $1,839/mo, how Covington rent compares to typical pay (30% rule).
Covington rent by bedroom count
Median rent for each apartment size in Covington. Click any size for full breakdown.
Tips for renters in Covington
Last updated: October 17, 2026
The median rent in Covington is $1,839/mo as of October 2026. A studio apartment averages $1,435/mo while a 2-bedroom runs $1,650/mo. One-bedroom apartments average $1,490/mo and 3-bedroom units go for $1,990/mo.
At 38% of local median household income ($58,810/yr), Covington ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.2% over the past year.
Frequently asked questions
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How does Covington rent compare to other cities in Georgia?
At $1,839/mo, rent takes ~38% of Covington's median household income ($58,810/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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