Housing & Real Estate — Covington, Indiana

Overview

Total Housing Units1,442
Occupied1,307
Vacant135
Owner-Occupied851
Renter-Occupied456
Median Home Value (Census)$164,400
Estimated 2026~$170,000
Median Rent$841/mo
Median Property Tax$1,225/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilitymoderate
Rent as % of Income19.2%
Severely Rent-Burdened18.5%

Housing Age

Built 2010 or later18
Built 2000-200926
Built 1990-1999151
Built before 1960721
Median Year Built1956
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.