Home prices
The median home in Covington is valued at $111,500. It is roughly $62,520 (35%) lower in comparison to other places in this area.In comparison to the entire country it is roughly $106,000 (48%) lower, and is roughly $26,500 (19%) lower compared to the city of Cincinnati.
Rents
In Covington the median rent is $714 per month. In comparison to its surrounding areas it is roughly $162 (18%) lower.Compared to the rest of the nation it is roughly $348 (32%) lower, and compared to the city of Cincinnati is about $24 (3%) lower.
Nearby places
Kenton Vale
Kenton Vale is Covington's neighbor to the north. Its real estate prices are somewhat less expensive. The median home cost in Kenton Vale is $92,900, which is $18,600 (20%) lower than Covington. The rent there is a bit more expensive. Kenton Vale's median monthly rent is $794, which works out to $80 (10%) higher than Covington.
Fort Wright
Fort Wright is Covington's neighbor to the northwest. Real estate prices there are substantially more expensive. Fort Wright's median home cost is $201,900, which is $90,400 (44%) higher than Covington. The rent there is a bit more expensive. Fort Wright's median rent is $879 a month, which works out to $165 (18%) higher than Covington.
Wilder
Wilder is Covington's neighbor to the east. Real estate prices there are a bit more expensive. The median home in Wilder is valued at $140,000, which comes out to $28,500 (20%) higher than Covington. The rent there is significantly more expensive. In Wilder the median monthly rent is $1,070, which works out to $356 (33%) higher than Covington.
Taylor Mill
Taylor Mill is Covington's neighbor to the southeast. Its housing prices are a little more expensive. The price of the median home in Taylor Mill is $163,100, which comes out to $51,600 (31%) higher than Covington. Rent there is a bit more expensive. Taylor Mill's median rent is $849 a month, which works out to $135 (15%) higher than Covington.
Fort Mitchell
Fort Mitchell is about 2 miles northwest of Covington. The real estate prices there are significantly more expensive. The median home in Fort Mitchell costs $272,200, which comes out to $160,700 (59%) higher than Covington. Its rents are a bit more expensive. The median monthly rent in Fort Mitchell is $789, which works out to $75 (9%) higher than Covington.