Rent in Covington, LA
Across Covington's 3 ZIP codes, a 2-bedroom typically rents for about $1,354 a month, with figures from $1,096–$1,447. The highest typical rent is in 70433 ($1,447) and the lowest in 70435 ($1,096). 2 ZIPs have ZIP-level figures from HUD or Census; the other 1 uses the county Fair Market Rent. Owner-occupied homes in St. Tammany Parish pay about 0.71% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,074 | $1,074 | 3 |
| 1 bed | $1,287 | $1,164–$1,632 | 3 |
| 2 beds | $1,354 | $1,096–$1,447 | 3 |
| 3 beds | $1,492 | $1,408–$1,745 | 3 |
| 4 beds | $1,997 | $1,997–$2,144 | 3 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Covington ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Covington, LA?
- About $1,354 a month: the median of the typical rents in 3 ZIP codes, which range from $1,096–$1,447. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Covington, LA?
- About $1,287 a month: the median of the typical rents in 3 ZIP codes, which range from $1,164–$1,632. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Covington, LA?
- About $1,492 a month: the median of the typical rents in 3 ZIP codes, which range from $1,408–$1,745. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Covington, LA?
- About $1,074 a month: the median of the typical rents in 3 ZIP codes, which range from $1,074. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Covington, LA?
- About $1,997 a month: the median of the typical rents in 3 ZIP codes, which range from $1,997–$2,144. Figures are gross rent (rent plus tenant-paid utilities).
- Which Covington ZIP code has the highest rent?
- For a 2-bedroom, 70433 has the highest typical rent at $1,447 a month, and 70435 the lowest at $1,096.
- What is the property tax rate in Covington, LA?
- Owner-occupied homes in St. Tammany Parish pay a typical 0.71% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Covington rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).