Studio Apartment Rent in Covington, TN
Median asking rent for a studio apartment in Covington, Tennessee as of July 2026. That's +15% lower than the citywide median of $1,100 and +28% below the national studio median of $1,290.
Income needed for a studio 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 studio at the current median rent.
Rent by apartment size in Covington
Compare Covington's median rent across every apartment size.
Cheapest cities for a studio in Tennessee
| # | City | Studio rent |
|---|---|---|
| 1 | Morristown | $319 |
| 2 | Crossville | $328 |
| 3 | Greeneville | $414 |
| 4 | Sevierville | $545 |
| 5 | Athens | $680 |
| 6 | Brownsville | $680 |
| 7 | Dyersburg | $720 |
| 8 | Kingsport | $737 |
| 9 | Bristol | $740 |
| 10 | Martin | $750 |
| 11 | Cookeville | $760 |
| 12 | Tullahoma | $760 |
| 13 | Elizabethton | $800 |
| 14 | Manchester | $810 |
| 15 | Jackson | $850 |
Most expensive cities for a studio in Tennessee
| # | City | Studio rent |
|---|---|---|
| 1 | Mount Juliet | $2,030 |
| 2 | Farragut | $1,880 |
| 3 | Spring Hill | $1,840 |
| 4 | Thompsons Station | $1,823 |
| 5 | La Vergne | $1,820 |
| 6 | Nashville | $1,718 |
| 7 | Brentwood | $1,703 |
| 8 | Franklin | $1,702 |
| 9 | Hendersonville | $1,640 |
| 10 | Ooltewah | $1,610 |
| 11 | Germantown | $1,570 |
| 12 | Lakeland | $1,550 |
| 13 | Goodlettsville | $1,520 |
| 14 | White House | $1,510 |
| 15 | Murfreesboro | $1,505 |
Nearby cities — studio rent
Considering nearby alternatives? 2 of these cities have cheaper studio rents than Covington.
| City | Distance | Studio rent | vs Covington |
|---|---|---|---|
| Lakeland, TN | 19.7 mi | $1,550 | +$620 (+67%) |
| Brownsville, TN | 24.8 mi | $680 | $-250 (-27%) |
| Oakland, TN | 25.8 mi | $1,330 | +$400 (+43%) |
| Bartlett, TN | 26.7 mi | $1,475 | +$545 (+59%) |
| Millington, TN | 26.8 mi | $1,120 | +$190 (+20%) |
| Cordova, TN | 27.8 mi | $1,420 | +$490 (+53%) |
| Collierville, TN | 34.2 mi | $1,470 | +$540 (+58%) |
| Germantown, TN | 35 mi | $1,570 | +$640 (+69%) |
| Dyersburg, TN | 36.9 mi | $720 | $-210 (-23%) |
| Memphis, TN | 37.7 mi | $1,147 | +$217 (+23%) |
| Olive Branch, MS | 45.2 mi | $1,430 | +$500 (+54%) |
| Southaven, MS | 48.8 mi | $1,425 | +$495 (+53%) |
Studio rent in Covington — common questions
How much is a studio apartment in Covington?
As of July 2026, the median studio apartment rent in Covington, Tennessee is $930 per month. This is +15% below the citywide median of $1,100.
What income do you need to afford a studio in Covington?
Using the standard 30% rent-to-income rule, you would need an annual income of about $37,200 ($3,100/month gross), which works out to roughly $17.88/hour at a full-time job.
Is Covington expensive for a studio compared to the rest of the US?
Covington's studio median of $930 is +28% below the national studio median of $1,290. It ranks in the 21th percentile of US cities tracked.
How does Covington rank for studio rent in Tennessee?
Among the 64 cities in Tennessee with studio data, Covington ranks #17 from cheapest to most expensive.
Are there cheaper studio options near Covington?
Yes — nearby cities with cheaper studio rents include Brownsville ($680), Dyersburg ($720).