2-Bedroom Rent · July 2026

2-Bedroom Apartment Rent in Covington, TN

$1,170/mo

Median asking rent for a 2-bedroom apartment in Covington, Tennessee as of July 2026. That's +6% higher than the citywide median of $1,100 and +29% below the national 2-bedroom median of $1,655.

2-Bedroom median
$1,170
July 2026
vs city overall
+6%
$1,100 city median
vs national
-29%
$1,655 US median
Tennessee rank
#16
of 65 cities

Income needed for a 2-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 2-bedroom at the current median rent.

Annual income
$46,800
Monthly gross
$3,900
Hourly (full-time)
$22.50

Rent by apartment size in Covington

Compare Covington's median rent across every apartment size.

Studio
$930
1-Bedroom
$1,040
2-Bedroom (current)
$1,170
3-Bedroom
$1,540
4+ Bedroom
$1,800

Cheapest cities for a 2-bedroom in Tennessee

#City2-Bedroom rent
1Greeneville$763
2Brownsville$900
3Dyersburg$900
4Crossville$908
5Morristown$936
6Martin$940
7Athens$950
8Tullahoma$960
9Cookeville$1,010
10Elizabethton$1,010
11Manchester$1,010
12Kingsport$1,030
13Bristol$1,040
14Sevierville$1,062
15Kingston$1,120

Most expensive cities for a 2-bedroom in Tennessee

#City2-Bedroom rent
1Mount Juliet$2,330
2Farragut$2,320
3Spring Hill$2,220
4Thompsons Station$2,094
5La Vergne$2,090
6Nashville$1,977
7Franklin$1,959
8Brentwood$1,956
9Germantown$1,930
10Lakeland$1,900
11Hendersonville$1,890
12Ooltewah$1,870
13Bartlett$1,810
14Collierville$1,800
15Lenoir City$1,770

Nearby cities — 2-bedroom rent

Considering nearby alternatives? 2 of these cities have cheaper 2-bedroom rents than Covington.

CityDistance2-Bedroom rentvs Covington
Arlington, TN18.5 mi$1,765+$595 (+51%)
Lakeland, TN19.7 mi$1,900+$730 (+62%)
Brownsville, TN24.8 mi$900$-270 (-23%)
Oakland, TN25.8 mi$1,670+$500 (+43%)
Bartlett, TN26.7 mi$1,810+$640 (+55%)
Millington, TN26.8 mi$1,370+$200 (+17%)
Cordova, TN27.8 mi$1,740+$570 (+49%)
Collierville, TN34.2 mi$1,800+$630 (+54%)
Germantown, TN35 mi$1,930+$760 (+65%)
Dyersburg, TN36.9 mi$900$-270 (-23%)
Memphis, TN37.7 mi$1,411+$241 (+21%)
Olive Branch, MS45.2 mi$1,750+$580 (+50%)

2-Bedroom rent in Covington — common questions

How much is a 2-bedroom apartment in Covington?

As of July 2026, the median 2-bedroom apartment rent in Covington, Tennessee is $1,170 per month. This is +6% higher than the citywide median of $1,100.

What income do you need to afford a 2-bedroom in Covington?

Using the standard 30% rent-to-income rule, you would need an annual income of about $46,800 ($3,900/month gross), which works out to roughly $22.50/hour at a full-time job.

Is Covington expensive for a 2-bedroom compared to the rest of the US?

Covington's 2-bedroom median of $1,170 is +29% below the national 2-bedroom median of $1,655. It ranks in the 17th percentile of US cities tracked.

How does Covington rank for 2-bedroom rent in Tennessee?

Among the 65 cities in Tennessee with 2-bedroom data, Covington ranks #16 from cheapest to most expensive.

Are there cheaper 2-bedroom options near Covington?

Yes — nearby cities with cheaper 2-bedroom rents include Brownsville ($900), Dyersburg ($900).

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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Covington, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (July 2026) and exclude cities with median rent below $400 or above $20,000.