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28 1 Bedroom Apartments for rent in Covina, CA

Last updated October 22 at 3:36am UTC
Results within 1 miles of Covina, CA
Results within 5 miles of Covina, CA
Puente Villa Apartments
1511 Puente Ave
Baldwin Park, CA
Updated October 22 at 3:26am UTC
1 Bedroom
$1,400
316 N San Gabriel Avenue
Azusa
Azusa, CA
Updated October 13 at 8:56am UTC
1 Bedroom
$1,400
Results within 10 miles of Covina, CA
NOVO Apartments
1940 Fullerton Rd
Rowland Heights, CA
Updated October 22 at 3:26am UTC
1 Bedroom
$1,640
Calligraphy Urban Residences
350 West Central Avenue
Brea, CA
Updated October 20 at 12:27am UTC
1 Bedroom
$2,245
285 West MONTECITO Avenue
Sierra Madre
Sierra Madre, CA
Updated October 22 at 1:57am UTC
1 Bedroom
$1,845
1026 E Huntington Dr
Duarte
Duarte, CA
Updated October 20 at 9:34am UTC
1 Bedroom
$1,350
2422 Chanslor Street 4
Pomona
Pomona, CA
Updated October 17 at 8:05pm UTC
1 Bedroom
$1,250

October 2018 Covina Rent Report

Welcome to the October 2018 Covina Rent Report. Covina rents increased over the past month. In this report, we'll evaluate trends in the Covina rental market, including comparisons to cities throughout the metro, state, and nation.

View full Covina Rent Report
Rent Report
Covina

October 2018 Covina Rent Report

Welcome to the October 2018 Covina Rent Report. Covina rents increased over the past month. In this report, we'll evaluate trends in the Covina rental market, including comparisons to cities throughout the metro, state, and nation.

Covina rents increased slightly over the past month

Covina rents have increased 0.2% over the past month, and are up slightly by 1.1% in comparison to the same time last year. Currently, median rents in Covina stand at $1,600 for a one-bedroom apartment and $2,050 for a two-bedroom. This is the second straight month that the city has seen rent increases after a decline in July. Covina's year-over-year rent growth is on par with the state average of 1.1%, but exceeds the national average of 0.9%.

Rents rising across the Los Angeles Metro

Throughout the past year, rent increases have been occurring not just in the city of Covina, but across the entire metro. Of the largest 10 cities that we have data for in the Los Angeles metro, all of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Santa Clarita has seen the fastest rent growth in the metro, with a year-over-year increase of 4.4%. The median two-bedroom there costs $2,610, while one-bedrooms go for $2,030.
  • Over the past month, Glendale has seen the biggest rent drop in the metro, with a decline of 0.4%. Median two-bedrooms there cost $1,780, while one-bedrooms go for $1,390.
  • Irvine has the most expensive rents of the largest cities in the Los Angeles metro, with a two-bedroom median of $2,710; rents fell 0.2% over the past month but rose 0.8% over the past year.
  • Lancaster has the least expensive rents in the Los Angeles metro, with a two-bedroom median of $1,750; rents went down 0.1% over the past month but rose 2.7% over the past year.

Many large cities nationwide show more affordable rents compared to Covina

As rents have increased slightly in Covina, a few large cities nationwide have seen rents grow more quickly. Compared to most large cities across the country, Covina is less affordable for renters.

  • Rents increased slightly in other cities across the state, with California as a whole logging rent growth of 1.1% over the past year. For example, rents have grown by 2.7% in San Jose, 1.1% in San Francisco, and 0.9% in San Diego.
  • Covina's median two-bedroom rent of $2,050 is above the national average of $1,180. Nationwide, rents have grown by 0.9% over the past year compared to the 1.1% rise in Covina.
  • While Covina's rents rose slightly over the past year, the city of Seattle saw a decrease of 1.6%.
  • Renters will generally find more expensive prices in Covina than most large cities. For example, Houston has a median 2BR rent of $1,020, where Covina is more than twice that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Los Angeles $1,370 $1,760 0.0% 1.0%
Long Beach $1,380 $1,780 0.2% 1.6%
Anaheim $1,660 $2,140 0.6% 3.3%
Santa Ana $1,460 $1,880 0.4% 1.5%
Irvine $2,110 $2,710 -0.2% 0.8%
Glendale $1,390 $1,780 -0.4% 1.4%
Huntington Beach $1,870 $2,410 0.5% 1.3%
Santa Clarita $2,030 $2,610 0.2% 4.4%
Lancaster $1,360 $1,750 -0.1% 2.7%
Palmdale $1,580 $2,030 -0.0% 3.8%
See more

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.