Much like nearby areas, it's a lot less expensive compared to the rest of the nation. Compared to the city of Columbus, it's a lot less expensive.
Home prices
Covington's median home value is $99,100. It is approximately $2,720 (2%) lower in comparison to its nearby areas.Compared to the country as a whole it is roughly $118,400 (54%) lower, and compared to the city of Columbus it is about $52,500 (34%) lower.
Rents
Covington's median monthly rent is $745. This is is very similar compared to nearby areas.It is about $317 (29%) lower compared to the United States as a whole, and it is about $216 (22%) lower in comparison to the city of Columbus.
Nearby places
Bradford
Bradford is roughly 3 miles west from Covington. Real estate prices there are a bit less expensive. The median home price in Bradford is $84,100, which is $15,000 (17%) lower than Covington. The rent there is a bit more expensive. Bradford's median monthly rent is $810, which comes out to $65 (8%) higher than Covington.
Pleasant Hill
Pleasant Hill is roughly 4 miles south of Covington. Real estate prices there are a little more expensive. The median home in Pleasant Hill costs $118,400, which works out to $19,300 (16%) higher than Covington. The rent there is somewhat less expensive. Pleasant Hill's median monthly rent is $602, which works out to $143 (23%) lower than Covington.
Piqua
Piqua is approximately 5 miles northeast from Covington. Real estate prices there are a bit less expensive. The median home in Piqua is valued at $87,100, which comes out to $12,000 (13%) lower than Covington. Its rents are similar. The median rent in Piqua is $734 per month, which is $11 (1%) lower than Covington.
Gettysburg
Gettysburg is about 6 miles west from Covington. The housing prices there are a bit less expensive. The median home value in Gettysburg is $80,300, which works out to $18,800 (23%) lower than Covington. Its rents are a little more expensive. Gettysburg's median monthly rent is $785, which works out to $40 (5%) higher than Covington.
Troy
Troy is roughly 7 miles southeast from Covington. The real estate prices there are a bit more expensive. The median home in Troy costs $139,200, which is $40,100 (28%) higher than Covington. Its rents are a bit more expensive. The median monthly rent in Troy is $788, which is $43 (5%) higher than Covington.