Rents are 8% 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 $1,528 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
March. Asking rents in Covington usually run 0.8% below trend in March and 0.7% above it in October, about $23 a month apart at today's median. Based on 8 years of data.
Rent in Covington is 1.6% below its high of $1,553 in February 2026, at $1,528 as of September 2026.
Rent in Covington changed +1.6% over the year to September 2026. Across the 36 Louisiana cities Zillow tracks, the typical change was +3.9%.
From 2019 to 2024, rent in Covington rose 29.9% while median household income rose 6% ($71,548 to $75,851). Rent outpaced income.
Rent in Covington is 32.8% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
30% of the median household income ($75,851) is $1,896 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,680); a 3-bedroom is $2,150.
Hammond, 19 miles away, rents for 16% less ($1,279/mo), about $3,000 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.
Is your rent fair?
Compare your rent to the local median.
Who lives here
Covington, LA is majority owner-occupied, 39.4% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Covington, LA has changed in 5 years
Since 2021, the typical rent in Covington, LA has climbed from $1,201 to $1,528, a 27.2% 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.
Discussions about Covington
No discussions yet. Start the conversation.
Can you afford rent in Covington on your salary?
At $1,528/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 $1,528/mo as of October 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 24% of local median household income ($75,851/yr), Covington ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.6% over the past year.
Frequently asked questions
How much income do you need to rent in Covington?
Is rent going up or down in Covington?
When is the cheapest time to rent in Covington?
Has rent outpaced income in Covington?
How does Covington rent compare to other cities in Louisiana?
At $1,528/mo, rent takes ~24% of Covington's median household income ($75,851/yr). The standard benchmark is 30%.
How does this area stack up?
Pick another city or ZIP to compare.
Estimated from ZIP-level data
Be the first to submit your rent for Covington.
No discussions yet.