City Report · LA

Covington

Pop. 11,658·17th most expensive in Louisiana·Covington rents are up 5.0% over the past year
Median rent (all units)
$1,552/mo
Year-over-Year
+5.0%
Month-over-Month
+3.8%
vs US Median
-$413
Rising (Monthly)
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Most AffordableMost Expensive
Covington · $1,552
More affordable than 72% of US cities · National median $1,965/mo
Rent Reality Score
63/100
Good value
OverheatedFairGreat value

Rents are 6% below what Covington's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,552/mo
Expected by trend
$1,656/mo
The Rent Reality Score compares today's median rent to where Covington's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,220
1 BR
$1,400
2 BR
$1,680
3 BR
$2,150
4 BR+
$2,520
Research median
$1,680/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$18,624/yr
At $1,552/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 5.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+5.0% YoY, +3.8% MoM), not inventory.
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Demographics

Who lives here

Covington, LA is majority owner-occupied, 39.4% of residents hold a bachelor's degree or higher.

Population
11,658
Median income
$75,851
Median age
39
Renters
30.3%
Age distribution
23.5%
20.7%
25.7%
18.7%
Under 1823.5%
18–3420.7%
35–5425.7%
55–6411.4%
65+18.7%
Gender
52.6%
47.4%
Male52.6%
Female47.4%
Race & ethnicity
73.6%
16.9%
White73.6%
Black16.9%
Hispanic5.7%
Asian0.5%
Other3.1%
Education (25+)
21.3%
30.8%
39.4%
No HS diploma8.5%
HS diploma21.3%
Some college30.8%
Bachelor's+39.4%
Housing tenure
69.7%
30.3%
Owner69.7%
Renter30.3%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Covington, LA has changed in 5 years

Rent
$1,191 → $1,552
up 30.3%
Income
$70,511 → $75,851
up 7.6%
Population
11,155 → 11,658
up 4.5%
Renter share
31% → 30.3%
-0.7 pts
Bachelor's+
38.6% → 39.4%
+0.8 pts
Median age
38.1 → 39
+0.9 yrs

Since 2021, the typical rent in Covington, LA has climbed from $1,191 to $1,552, a 30.3% change over five years. On the earnings side, the typical household in Covington, LA now reports about $75,851, up from $70,511 in 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 4.5% since 2021, moving from about 11,155 residents to roughly 11,658. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and Covington, LA reflects that arc in its own way.

Community

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View Covington rent history (2015–2026) →
Salary vs rent

Can you afford rent in Covington on your salary?

At $1,552/mo, how Covington rent compares to typical pay (30% rule).

By apartment size

Covington rent by bedroom count

Median rent for each apartment size in Covington. Click any size for full breakdown.

Local insights

Tips for renters in Covington

About renting in Covington, LA

Last updated: July 20, 2026

The median rent in Covington is $1,552/mo as of July 2026. A studio apartment averages $1,220/mo while a 2-bedroom runs $1,680/mo. One-bedroom apartments average $1,400/mo and 3-bedroom units go for $2,150/mo.

At 25% of local median household income ($75,851/yr), Covington ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.0% over the past year.

FAQ

Frequently asked questions

Is Covington an affordable city for renters?

Covington is considered affordable for renters. At $1,552/mo, rent takes approximately 25% of the local median household income ($75,851/yr). The standard benchmark is 30%. Covington falls comfortably within that range.

How much income do you need to rent in Covington?

To keep rent at or below 30% of gross income, you would need to earn at least $62,000/year (~$30/hour full-time) to afford the median rent of $1,552/mo in Covington. The local median household income is $75,851/yr, meaning the typical Covington household meets that threshold.

Is rent going up or down in Covington?

Rent in Covington has increased 5.0% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Covington rent compare to other cities in Louisiana?

Covington is middle-of-the-pack for Louisiana for rent, ranking #17 out of 46 tracked cities at $1,552/mo.

Which nearby cities are cheaper to rent in than Covington?

Several nearby cities have lower median rents than Covington ($1,552/mo): Hammond ($1,295/mo), Slidell ($1,462/mo).

What percentage of Covington residents rent vs. own?

According to Census data, approximately 30.3% of Covington households are renters, while 69.7% are owner-occupied. Covington leans toward homeownership, which can mean a smaller rental inventory.

How does Covington rent compare to the national average?

Covington's median rent of $1,552/mo is $413 (21%) below the US national median of $1,965/mo. Within Louisiana, it ranks #17 out of 46 tracked cities.
Income Affordability
25%
AFFORDABLE

At $1,552/mo, rent takes ~25% of Covington's median household income ($75,851/yr). The standard benchmark is 30%.

Covington 25%Benchmark 30%
State income tax1.85–4.25%
Run the Covington affordability calculator →
Lowest-rent ZIP codes in Covington
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Covington, LA

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