salaryRent is lower than in 59% of U.S. cities. A typical house costs about 4.8 years of household income. Commutes are long, about 36.5 minutes each way.
How much money do I need?
To rent here comfortably, you should earn about $59,520 a year. That is $29 an hour at a full-time job.
Is rent cheaper than other Georgia cities?
Yes. Rent here is cheaper than in most of Georgia. It is number 67 of 168 cities from cheapest to most expensive.
How much do households earn in Covington?
Share of households by yearly income. 16.2% of households earn $100,000 or more.
Rent by apartment size in Covington
| Size | Covington | U.S. average |
|---|---|---|
| 1 bedroom | $1,105 | $1,324 |
| 2 bedrooms | $1,236 | $1,509 |
| 3 bedrooms | $1,356 | $1,698 |
| 4 bedrooms | $1,898 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Covington overall?
Everyday prices in Georgia overall are 4% below the U.S. average (index 96.3, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Covington, so the Georgia figure is shown.
Taxes and bills in Covington
Life in Covington
Is it cheaper to rent or buy in Covington?
Renting is cheaper right now: about $607 a month less.
Owning assumes a typical $301,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $30,190 for the down payment.
Frequently asked questions
What is the average rent in Covington, GA?
Renting in Covington costs a median of about $1,488 a month in 2026, including utilities. The Georgia median is $1,667.
How much do I need to make to live in Covington?
To keep rent under 30% of income, you need about $59,520 a year, or $29 an hour at a full-time job.
Is Covington cheap or expensive?
Covington is rated OK: rent takes 28.2% of the typical household income of $63,427. It ranks 67th cheapest of 168 Georgia cities we track.
How much are property taxes in Covington?
The median homeowner in Covington pays $2,549 a year in property taxes, about 0.84% of the median home value.
Is Covington more expensive than the national average?
Overall prices in Georgia are 4% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Covington?
The median home value in Covington is $301,900, about 4.8 times the typical yearly household income.
14,584 people live in Covington. Numbers are typical (middle) values.