Housing & Real Estate — Covington, Kentucky
Overview
| Total Housing Units | 20,946 |
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| Occupied | 18,293 |
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| Vacant | 2,653 |
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| Owner-Occupied | 9,418 |
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| Renter-Occupied | 8,875 |
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| Median Home Value (Census) | $187,300 |
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| Estimated 2026 | ~$203,000 |
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| Median Rent | $949/mo |
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| Median Property Tax | $2,085/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | moderate |
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| Rent as % of Income | 18.6% |
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| Severely Rent-Burdened | 40.9% |
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Housing Age
| Built 2010 or later | 1,720 |
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| Built 2000-2009 | 1,063 |
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| Built 1990-1999 | 1,246 |
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| Built before 1960 | 12,681 |
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| Median Year Built | 1947 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
