Low Income Apartments and Affordable Housing For Rent in Covington, LA

Discover affordable housing in Covington where there are 13+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Maple Ridge

20284 Highway 36, Covington, Louisiana 70433

bed 1-2
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Palmetto Greens

900 Emerald Forest Blvd, Covington, Louisiana 70433

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Highland Apartments

220 Greenbriar Blvd, Covington, Louisiana 70433

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

The Fairlane

101 Holiday Square Blvd, Covington, Louisiana 70433

bed 1
payment $1100/mo.

Ibis Trail

28 Park Place Dr, Covington, Louisiana 70433

bed 2-3
payment $1250-1470/mo.

507 E Hornsby St

507 E Hornsby St, Covington, Louisiana 70433

bed 1
payment $750/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

176 Walnut St

176 Walnut St, Covington, Louisiana 70433

bed 3
payment $1450/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

72186 Formosa Dr

72186 Formosa Dr, Covington, Louisiana 70433

bed 3
payment $1550/mo.

104 Covington Meadow Cir

104 Covington Meadow Cir, Covington, Louisiana 70433

bed 3
payment $1550/mo.

Audrey Heights

172 Audrey Ln, Covington, Louisiana 70435

switch_access_shortcut Short Wait
accessibility Accessible

The Groves at Mile Branch

424 Purslane Dr, Covington, Louisiana 70433

bed 1-3

Parkview Apartments

700 Parkview Blvd, Covington, Louisiana

switch_access_shortcut Short Wait

Helen Frick Harry Owens Villa

213 W 33rd Ave, Covington, Louisiana 70433

payment Subsidized
accessibility Accessible

How To Identify Affordable Housing in Covington, Louisiana

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Covington, Louisiana
$25.80/hour
$18.55 (+256%) more than Louisiana minimum wage and $18.55 (+256%) more than the Federal minimum wage.
Learn More About Covington, Louisiana Affordable Housing ↓

What HUD offices serve Covington, Louisiana?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Covington, Louisiana.

Go to the Louisiana Public Housing and Low-Income Apartments Waiting Lists page for openings near Covington.

How many renters live in Covington, Louisiana?

The City of Covington has people living in households.

There are renters living in renter households in this City. Renters make up 32.19 percent of the population living in Covington.

What is the rental market like in Covington, Louisiana?

There are an estimated housing units in the Covington area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Covington, Louisiana, there are 1.09 rental units.

What is the vacancy rate for rentals in Covington?

The rental vacancy rate in Covington is 9 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Covington for each bedroom size?

Occupied Rental Units by Size in Covington
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
50 148 646 631 21
Occupied Rental Units by Size in Covington

A large number of apartments in Covington have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Covington

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $986 to $2,039. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $986
One BR $1,149
Two BR $1,362
Three BR $1,750
Four BR $2,039
2024 Fair Market Rents in Covington, Louisiana

How many units are rented at Fair Market Rent (FMR) in Covington?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 50 100 percent
One BR 88 59 percent
Two BR 411 64 percent
Rental Units Below FMR in Covington, Louisiana

How many affordable rental units are in Covington?

There are a variety of federal affordable housing programs serving households in Covington, Louisiana including the following:

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Covington, Louisiana

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Covington, Louisiana

Covington features 97 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Covington, Louisiana

There are 262 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Covington.

Housing Choice Vouchers in Covington, Louisiana

On average, Section 8 Housing Choice vouchers pay Covington landlords $800 per month towards rent. The average voucher holder contributes $400 towards rent in Covington.

The maximum amount a voucher would pay on behalf of a low-income tenant in Covington, Louisiana for a two-bedroom apartment is between $1,226 and $1,498.

Sourced from federal housing data and AffordableHousingOnline.com research.

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