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Rent by ZIP · Kenton County

Rent in Covington, KY 41014

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,290 (+7.5% vs FY2026). Renters in this ZIP code pay a median $1,040 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$940$850+10.6%$846–1,034$916 ±$303
1 bedroom$1,010$930+8.6%$909–1,111$862 ±$88
2 bedrooms$1,290$1,200+7.5%$1,161–1,419$1,069 ±$118
3 bedrooms$1,700$1,580+7.6%$1,530–1,870$1,277 ±$127
4 bedrooms$1,920$1,750+9.7%$1,728–2,112–

Small Area FMRs for the Cincinnati, OH-KY-IN HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Cincinnati, OH-KY-IN HUD Metro FMR Area, 2 bedrooms: $1,442.

What renters pay in 41014

Median gross rent$1,040±$76 · all sizes
Renter households1,50048% of occupied homes
No cash rent48households

How rents are spread

Under $1,00046%
$1,000–1,49939%
$1,500–1,99914%
$2,000–2,4990%
$2,500–2,9990%
$3,000–3,4990%
$3,500+0%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
41015Latonia$1,320$1,038
41016Covington$1,300$1,126
41011Covington$1,530$1,241
41017Ft Mitchell$1,320$1,108
41010Corinth$1,150$681
41018Erlanger$1,380$1,053

Fair Market Rents across Kenton County, KY · All KY counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.