Rental prices in Covington Central Business District, Covington, KY have decreased by 1.58% over the past year. The average rent moved from $2,211 to $2,176.
Check out the average rent in Covington.
The national average price of rental apartments is $1,741, while the average monthly rent in Covington Central Business District, Covington, KY is $2,176.
The average monthly rent for an apartment in Covington Central Business District, Covington, KY is around $2,176.
A share of 21% of apartments in Covington Central Business District, Covington, KY have the cheapest rents between $1,001-$1,500. Around 15% of rentals are $2,501-$3,000. Around 30% of Covington Central Business District's apartments have monthly rents between $1,501-$2,000. There are 20% of apartments with rents between $2,001-$2,500. A share of 14% of apartment rentals in Covington are in the > $3,000 range.
The largest share of rentals in Covington Central Business District, Covington, KY (30%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
The average rent in Covington Central Business District, Covington, KY is $1,529.
In Covington Central Business District 54% of the housing is rented out compared to 46% of homes are owned, according to the most recent Census Bureau estimates. 15% of Covington Central Business District's apartments are found in large buildings of 50 units or more, 69% are located in smaller apartment complexes with less than 50 units, and 16% are single-family rentals.
In total, Covington Central Business District, Covington, KY has 871 residents, 424 women and 447 men, per U.S. Census recent estimates. Statistics show that the median age of Covington Central Business District’s population is 36.
There is a total of 398 households in Covington Central Business District, Covington, KY. Of these, 79 have children and 319 are without children. Per Census Bureau’s most current estimates, 192 family households and 205 non-family households live in this area. The size of a household in Covington Central Business District is 2 people, on average. The median household annual income in Covington Central Business District equals $67,075, and the monthly housing costs equal $1,122.
According to data from the U.S. Census Bureau, 4% of the population in Covington Central Business District, Covington, KY have no high school education, 31% went to high-school, and 15% have partially completed college. Moreover, 8% of the population hold an Associate Degree, 25% hold a Bachelor Degree, and 17% hold a Graduate Degree.
