Covington, KY Rent History

104 months of data, 20172026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-06)
$1,615
1-year change
+11.1%
$161/mo
5-year change
+43.3%
$488/mo

Monthly rent trend

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Year-by-year rent in Covington

YearMedian rentYoY changevs 2017
2017$891/mo0.0%
2018$889/mo-0.2%-0.2%
2019$948/mo+6.6%+6.4%
2020$1,043/mo+10.0%+17.1%
2021$1,103/mo+5.8%+23.8%
2022$1,253/mo+13.6%+40.6%
2023$1,336/mo+6.6%+49.9%
2024$1,405/mo+5.2%+57.7%
2025$1,444/mo+2.8%+62.1%
2026$1,523/mo+5.5%+70.9%

Frequently asked questions

How much has rent in Covington changed since 2017?

Median rent in Covington, KY was $891 in 2017-11 and is $1,615 as of 2026-06 — a change of $724 per month over 9 years.

How much has Covington rent increased in the last 5 years?

Over the past 5 years, median rent in Covington, KY has changed +43.3% ($488 per month). The current median is $1,615.

Is rent in Covington going up or down year over year?

Year over year, median rent in Covington, KY has increased +11.1% ($161/mo). Current median: $1,615.

See full rent data for Covington, KY
Methodology: Rent figures use ZORI (Zillow Observed Rent Index) monthly smoothed seasonally-adjusted values for all properties (single family + condo + multifamily). Year-by-year table uses April readings (or nearest available month) for consistency across years. 1-/5-/10-year change uses the same month 2026 as the anchor.