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ZIP Code · GA

ZIP 30016

Pop. 62,968·Newton County·86th most expensive ZIP in Georgia
Median rent (all units)
$1,901/mo
Year-over-Year
Stable
Month-over-Month
+0.8%
vs US Median
-$64
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 30016 · $1,901
More expensive than 55% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,610
1 BR
$1,690
2 BR
$1,850
3 BR
$2,220
4 BR+
$2,650
Research median
$1,850/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
$22,812/yr
At $1,901/mo median
Location
StateGA
CountyNewton County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.0% YoY, +0.8% MoM), not inventory.
Demographics

Who lives here

ZIP 30016 (Covington, GA) is majority owner-occupied, has a large share of families with children, 22.1% of residents hold a bachelor's degree or higher.

Population
62,968
Median income
$79,527
Median age
35.2
Renters
19.4%
Age distribution
26.4%
23.2%
27.6%
12.1%
Under 1826.4%
18–3423.2%
35–5427.6%
55–6412.1%
65+10.7%
Gender
45.7%
54.3%
Male45.7%
Female54.3%
Race & ethnicity
29.4%
57.6%
White29.4%
Black57.6%
Hispanic7.2%
Asian1.2%
Other4.5%
Education (25+)
33.3%
36%
22.1%
No HS diploma8.5%
HS diploma33.3%
Some college36%
Bachelor's+22.1%
Housing tenure
80.6%
19.4%
Owner80.6%
Renter19.4%

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

2021 vs 2026

How ZIP 30016 in Covington, GA has changed in 5 years

Rent
$1,511 → $1,901
up 25.8%
Income
$65,141 → $79,527
up 22.1%
Population
57,834 → 62,968
up 8.9%
Renter share
21.4% → 19.4%
-2.0 pts
Bachelor's+
20% → 22.1%
+2.1 pts
Median age
35.8 → 35.2
-0.6 yrs

The median rent in ZIP 30016 in Covington, GA stood at $1,511 in 2021 and currently runs about $1,901, reflecting a 25.8% increase over the period. Median household income rose from $65,141 to $79,527 between 2021 and 2024, a 22.1% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 8.9% since 2021, moving from about 57,834 residents to roughly 62,968. Renters now make up 19.4% of households, compared with 21.4% five years ago. College-educated residents now make up 22.1% of adults here, versus 20% in 2021. Taken together, the five-year picture in ZIP 30016 in Covington, GA reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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Local insights

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About renting in ZIP 30016

Last updated: July 20, 2026

ZIP code 30016 covers Covington, GA. The median rent here is $1,901/mo as of July 2026. A 1-bedroom rents for a median of $1,690/mo. A 2-bedroom rents for a median of $1,850/mo.

At 29% of local median household income ($79,527/yr), ZIP 30016 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 30016?

As of July 20, 2026, the median monthly rent in ZIP 30016 (Covington, GA) is $1,901. This is based on aggregated data from public sources and community submissions.

How does ZIP 30016 rent compare to the US average?

ZIP 30016's median rent of $1,901/mo is $64 (3%) below the US national median of $1,965/mo.

How does ZIP 30016 compare to other ZIPs in Georgia?

ZIP 30016 falls in the middle range for Georgia, ranking #86 out of 235 ZIPs at $1,901/mo.

How much income do you need to rent in ZIP 30016?

To keep rent at or below 30% of gross income, you would need to earn at least $76,000/year (~$37/hour full-time) to afford the median rent of $1,901/mo in ZIP 30016. The local median household income is $79,527/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 30016?

Rent in ZIP 30016 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 30016 an affordable place to rent?

ZIP 30016 is considered affordable for renters. At $1,901/mo, rent takes approximately 29% of the local median household income ($79,527/yr). The standard benchmark is 30%. ZIP 30016 falls comfortably within that range.

What percentage of ZIP 30016 residents rent vs. own?

According to Census data, approximately 19.4% of ZIP 30016 households are renters, while 80.6% are owner-occupied. ZIP 30016 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 30016 compare to the rest of Covington?

ZIP 30016 is pricier than Covington as a whole. At $1,901/mo, it's $66 above the Covington citywide median of $1,835/mo.

When was rent data for ZIP 30016 last updated?

Rent data for ZIP 30016 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
29%
AFFORDABLE

At $1,901/mo, rent takes ~29% of ZIP 30016's median household income ($79,527/yr). The standard benchmark is 30%.

ZIP 30016 29%Benchmark 30%
State income tax4.99%
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Schools nearby

Public schools near ZIP 30016 (Covington, GA)

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