Landlord Resources
How to Get a Loan for a Rental Property
Rental property loans differ from traditional mortgages, needing larger down payments, higher interest rates, and reserves, often disregarding projected rental income.
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What to Know About
Life in Covington & Beyond
Covington shares many of the great qualities that make Georgia a desirable place to live.
Georgia is a southern state known for its rich history, diverse landscapes, and thriving economy. The state boasts beautiful beaches along its Atlantic coast, rolling hills in the north, and scenic mountains in the northwest. Discover the state's cultural identity by visiting sites like the Martin Luther King Jr. National Historic Site, the Jimmy Carter Presidential Library, and Museum, or touring esteemed universities like the University of Georgia, Emory University, and Georgia Institute of Technology.
For those who enjoy outdoor activities, Georgia offers ample like hiking in the Appalachian Mountains and fishing in the Atlantic Ocean's scenic coastlines. Sports enthusiasts can catch professional games for teams like the Atlanta Falcons (NFL), Atlanta Braves (MLB), and Atlanta Hawks (NBA) or attend thrilling college sports matches at universities across the state. In addition, take advantage of famous attractions like the Georgia Aquarium, World of Coca-Cola, the High Museum of Art, and the historic town of Savannah or Augusta, home to the Masters Tournament.
Embrace the Peach State and discover why Georgia is a bright southern gem. With its vibrant atmosphere, ample opportunities, and top-notch quality of life, Georgia is the perfect place to call home.
Rental Market Trends
Covington, GA
As of June 2026, Covington's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Covington's average rent is 6.0% ($91) higher than the Georgia average of $1,523 and 10.2% ($183) lower than the U.S. average of $1,797.
Average Rent
$1,614
Monthly ChangeMonth Over Month Change
1.6% ($27)
Yearly ChangeYear Over Year Change
5.9% ($90)
Avg. Days on MarketAverage Days on Market
28
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,220 | 4.3% ($55) | 4.5% ($58) |
| 2 Beds | $1,373 | 4.1% ($58) | 7.5% ($112) |
| 3 Beds | $1,654 | 1.3% ($21) | 9% ($164) |
| Nearby Cities | Average Rent | Avg. Rent vs. CovingtonAverage Rent vs. Covington | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Conyers | $1,992 | 23.4% ($378) | 35 days |
| McDonough | $1,880 | 16.5% ($266) | 29 days |
| Jackson | $1,556 | 3.6% ($58) | 34 days |
| Stockbridge | $1,623 | 0.6% ($9) | 31 days |
| Lithonia | $1,512 | 6.3% ($102) | 29 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Covington Rental Market FAQs
Explore rental prices, market trends, and availability in Covington, GA.
The average rent in Covington, GA is $1,614 per month.
Homes in Covington typically rent for between $854 and $2,150 per month, with an average of $1,614 per month.
In Covington, the average rent for a 1-bedroom home is $1,220 per month, for a 2-bedroom home, $1,373 per month, and a 3-bedroom home is $1,654 per month.
The average rent in Covington is 10.2% ($183) lower than the national average of $1,797 per month.
The average rent in Covington has decreased by 1.6% ($27) in the last month and increased by 5.9% ($90) over the past year.
The rental market in Covington, GA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Covington, GA, the average rental stays on the market for approximately 28 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 29 rental properties available in Covington, GA.
Based on the current averages, a household would need an annual income of $54,920 to comfortably afford a 2-bedroom home in Covington.
