4+ Bedroom Apartment Rent in Covington, KY
Median asking rent for a 4+ bedroom apartment in Covington, Kentucky as of August 2026. That's +9% higher than the citywide median of $1,614 and +30% below the national 4+ bedroom median of $2,522.
Income needed for a 4+ bedroom in Covington
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 4+ bedroom at the current median rent.
Rent by apartment size in Covington
Compare Covington's median rent across every apartment size.
Cheapest cities for a 4+ bedroom in Kentucky
| # | City | 4+ Bedroom rent |
|---|---|---|
| 1 | Franklin | $1,309 |
| 2 | Richmond | $1,420 |
| 3 | Murray | $1,430 |
| 4 | Morehead | $1,450 |
| 5 | Lawrenceburg | $1,520 |
| 6 | Owensboro | $1,530 |
| 7 | Bardstown | $1,540 |
| 8 | Nicholasville | $1,630 |
| 9 | Versailles | $1,630 |
| 10 | Winchester | $1,630 |
| 11 | Newport | $1,700 |
| 12 | Radcliff | $1,700 |
| 13 | Dayton | $1,740 |
| 14 | Georgetown | $1,740 |
| 15 | Bellevue | $1,760 |
Most expensive cities for a 4+ bedroom in Kentucky
| # | City | 4+ Bedroom rent |
|---|---|---|
| 1 | Prospect | $2,990 |
| 2 | Hebron | $2,450 |
| 3 | Burlington | $2,310 |
| 4 | Vine Grove | $2,270 |
| 5 | Independence | $2,200 |
| 6 | Louisville | $2,104 |
| 7 | Florence | $2,090 |
| 8 | La Grange | $2,050 |
| 9 | Oak Grove | $2,020 |
| 10 | Lexington | $1,929 |
| 11 | Hopkinsville | $1,910 |
| 12 | Elizabethtown | $1,910 |
| 13 | Erlanger | $1,900 |
| 14 | Fort Thomas | $1,890 |
| 15 | Shepherdsville | $1,840 |
Nearby cities — 4+ bedroom rent
Considering nearby alternatives? 3 of these cities have cheaper 4+ bedroom rents than Covington.
| City | Distance | 4+ Bedroom rent | vs Covington |
|---|---|---|---|
| Newport, KY | 2.4 mi | $1,700 | $-60 (-3%) |
| Bellevue, KY | 3.7 mi | $1,760 | — |
| Fort Thomas, KY | 4.7 mi | $1,890 | +$130 (+7%) |
| Dayton, KY | 4.9 mi | $1,740 | $-20 (-1%) |
| Cincinnati, OH | 6 mi | $1,882 | +$122 (+7%) |
| Erlanger, KY | 6.8 mi | $1,900 | +$140 (+8%) |
| Norwood, OH | 8.2 mi | $1,820 | +$60 (+3%) |
| Independence, KY | 9.3 mi | $2,200 | +$440 (+25%) |
| Florence, KY | 10.2 mi | $2,090 | +$330 (+19%) |
| Mount Healthy, OH | 11.7 mi | $1,128 | $-632 (-36%) |
| Hebron, KY | 13.1 mi | $2,450 | +$690 (+39%) |
| Kenwood, OH | 14.4 mi | $3,501 | +$1,741 (+99%) |
4+ Bedroom rent in Covington — common questions
How much is a 4+ bedroom apartment in Covington?
As of August 2026, the median 4+ bedroom apartment rent in Covington, Kentucky is $1,760 per month. This is +9% higher than the citywide median of $1,614.
What income do you need to afford a 4+ bedroom in Covington?
Using the standard 30% rent-to-income rule, you would need an annual income of about $70,400 ($5,867/month gross), which works out to roughly $33.85/hour at a full-time job.
Is Covington expensive for a 4+ bedroom compared to the rest of the US?
Covington's 4+ bedroom median of $1,760 is +30% below the national 4+ bedroom median of $2,522. It ranks in the 18th percentile of US cities tracked.
How does Covington rank for 4+ bedroom rent in Kentucky?
Among the 35 cities in Kentucky with 4+ bedroom data, Covington ranks #16 from cheapest to most expensive.
Are there cheaper 4+ bedroom options near Covington?
Yes — nearby cities with cheaper 4+ bedroom rents include Newport ($1,700), Dayton ($1,740), Mount Healthy ($1,128).