Rental market snapshot for Covington, Washington

Covington, Washington Rental Property Market Overview

Covington, Washington is a city located in King County, Washington. According to the US Census, the population of Covington in 2021 is 20,787. Covington is a suburban city located just east of Seattle and is known for its small-town charm. The city is home to many parks, trails, and outdoor activities, as well as a variety of restaurants and shops. Covington is a great place to live for those looking for a peaceful, suburban lifestyle. (Source: US Census, 2021)

The average rent for an apartment in Covington is $2,704. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has increased by 0.34% over the past year.

Last Updated January 31, 2023

Average monthly rent graph in Covington Washington | Cost of Living

  • The most expensive ZIP Code in Covington is 98042 with an average price of $2,695
  • The cheapest ZIP Code in Covington is 98042 with an average price of $2,570

Covington ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
198042$2,695

Live near Covington, Washington's Top Sights and Attractions

Covington Community Park is a large outdoor recreation area located in the Pacific Northwest. It features a variety of activities for visitors of all ages, including a playground, walking trails, picnic areas, and a large open field. The park also has a basketball court, a skate park, and a disc golf course. The park is surrounded by lush green trees and offers stunning views of the surrounding mountains. Visitors can also enjoy the park's many amenities, such as restrooms, drinking fountains, and a concession stand.

Rainier Vista is a scenic overlook located in Covington, Washington. It offers breathtaking views of the surrounding mountains, valleys, and forests. Visitors can take in the beauty of the area from the top of the hill, which is accessible by a short hike or drive. The area is also home to a variety of wildlife, including deer, elk, and bald eagles. The vista is a popular spot for picnics, photography, and simply taking in the stunning views.

Wingfield Park is a picturesque park located along the banks of the Cowlitz River. The park features a variety of outdoor activities, including a playground, picnic areas, a boat launch, and a fishing pier. The park also has a walking trail that winds through the park, offering stunning views of the river and the surrounding area. The park is a popular spot for bird watching, as it is home to a variety of species. The park is also a great place to relax and enjoy the beauty of nature.

Friendship Park is a beautiful outdoor park located in a picturesque setting. It features a large grassy area, perfect for picnics and outdoor activities, as well as a playground and a walking trail. The park also has a pond with a fountain, a gazebo, and a covered picnic area. The park is surrounded by lush trees and shrubs, providing a peaceful and tranquil atmosphere. There is also a large open field, perfect for playing sports or just relaxing in the sun.

US Army Recruiting in Covington is a great attraction for those interested in learning more about the US Army. Visitors can take a tour of the facility and learn about the different branches of the military, as well as the different roles and responsibilities of each branch. Visitors can also learn about the history of the US Army, as well as the current operations and missions. Additionally, visitors can learn about the different benefits and opportunities available to those who join the US Army.

Cedar Downs is a picturesque park located in a lush, green valley. The park features a variety of outdoor activities, including hiking trails, picnic areas, and a playground. The centerpiece of the park is a large pond, which is home to a variety of wildlife, including ducks, geese, and other waterfowl. The park also features a covered pavilion, perfect for hosting events or just relaxing in the shade. With its stunning views and peaceful atmosphere, Cedar Downs is a great place to spend a day outdoors.

Jenkins Creek Park is a beautiful outdoor destination located in the foothills of the Cascade Mountains. It features a variety of recreational activities, including hiking, biking, fishing, and picnicking. The park is home to a large creek, which is perfect for wading and swimming in the summer months. There are also several trails that wind through the park, offering stunning views of the surrounding mountains and valleys. Visitors can also enjoy the park's playground, picnic tables, and barbecue grills.

Crystal View is a stunning viewpoint located in the foothills of the Cascade Mountains. From the top of the hill, visitors can take in breathtaking panoramic views of the surrounding valleys and mountains. The area is known for its lush evergreen forests, sparkling lakes, and snow-capped peaks. On a clear day, visitors can even see the distant peaks of Mount Rainier. The viewpoint is easily accessible by car and provides plenty of parking. There are also several trails that lead to the top of the hill, allowing visitors to take in the scenery at their own pace.

Jenkins Creek Park Trail is a scenic nature trail located in the foothills of the Cascade Mountains. The trail is a 1.5 mile loop that winds through a lush forest of Douglas fir, western red cedar, and western hemlock trees. Along the way, visitors can take in views of the nearby mountains, as well as a variety of wildlife, including birds, deer, and even the occasional black bear. The trail is well-maintained and offers plenty of opportunities for hiking, biking, and horseback riding.

Evergreen Park is a beautiful outdoor destination located in the foothills of the Cascade Mountains. It features a variety of outdoor activities, such as hiking, biking, fishing, and camping. The park also has a large lake with a beach, picnic areas, and a playground. The park is surrounded by lush evergreen forests and offers stunning views of the surrounding mountains. Visitors can also enjoy a variety of wildlife, including birds, deer, and other animals.

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Covington, Washington area median rent change by ZIP Code map

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How does Covington compare to other cities in Washington ?

citymedian price
Longview$1,425
Oak Harbor$1,875
Des Moines$2,735
Dupont$2,497
Burien$2,320
Covington$2,695
Lake Tapps$2,615
Burlington$1,965
Orting$2,575

Average household income in Covington area graph - US Census

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The median household income in Covington in 2021 was $106,737. This represents a 18.2% change from 2011 when the median was $90,285.

#categorypercent
0Less than $10,0003.2%
1$10,000 to $14,9991.1%
2$15,000 to $19,9991.2%
3$20,000 to $24,9991.5%
4$25,000 to $29,9991.4%
5$30,000 to $34,9992.4%
6$35,000 to $39,9992.8%
7$40,000 to $44,9991.9%
8$45,000 to $49,9991.9%
9$50,000 to $59,9996.8%
10$60,000 to $74,9997.2%
11$75,000 to $99,99913.6%
12$100,000 to $124,99917.6%
13$125,000 to $149,99910.0%
14$150,000 to $199,99915.6%
15$200,000 or more11.7%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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