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Covington, KY Real Estate

Covington is a city in Kenton County, Kentucky with a population of about 40,902. The median home value is near $167,900, and median rent runs around $949/mo.

Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.

Median Home Value
$167,900
Median Rent
$949/mo
Population
40,902
Median Income
$58,814
Median Age
37.6
Homeownership
51.5%

Monthly payment on a median Covington home

Example for a $167,900 home: 20% down, 30-yr at ~6.75%, KY property tax ~0.83%, 0.4% insurance.

Est. monthly (PITI)
$1,043
Principal & interest
$871
Property tax / mo
$116
Down payment (20%)
$33,580

Covington at a glance

  • 20.6% of residents 25+ hold a bachelor's degree or higher.
  • 51.5% of occupied homes are owner-occupied.
  • Median household income is $58,814.
  • Always verify the assigned school district, flood zone, and HOA for a specific address before signing.

Other Kentucky cities

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