Home / Cincinnati Area Apartments / Covington / 7 Wallace Ave
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Updated 41 minutes ago

7 Wallace Ave


Covington, KY

2 Bed
2 Bath

810 Sq. Ft.

Available starting Jul. 18th
2 Beds • 2 Bath
$1,295
810 ft2
1 Available
Managed By: Gastright Properties
7 Wallace Ave. Apt.1
$1,295
Available Jul 18th, 2026
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Fees & leasing info
Lease & Fees
Security Deposit: $1,595
Property details
Additional Details
Total Unit Count: 2
Last Updated: Updated 41 minutes ago
Contact Number: (859) 757-9700
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Cincinnati Bell Inc. 1000.0 250.0
Charter Communications 940.0 35.0
ViaSat, Inc. 35.0 3.0
Hughes Network Systems, LLC 25.0 3.0
Cincinnati Bell Inc. 10.0 1.0
Data from June 2020 provided by the FCC
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 7 Wallace Ave by bedroom type below.
2 Bedroom
Suggested income:
$46,600
per year
Rent report

7 Wallace Ave Rent vs. Covington Average

 7 Wallace Ave      Covington Average
2BR
$1,295
$1,994
$0
$650
$1,300
$1,950
$2,600

7 Wallace Ave is asking 35% less than the average 2 bedroom apartment in Covington.

If you upsized to an average priced Covington 3 bedroom apartment, you would pay 20% less per month.

If you downsized to an average priced Covington 1 bedroom apartment, you would pay 48% less per month.

7 Wallace Ave provides 32% less square footage than the average Covington 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
7 Wallace Ave
2BR $1,295 $1.60 $3,885
Covington Average
Studio $1,337 $3.70 $4,010
1BR $1,351 $1.80 $4,053
2BR $1,994 $1.70 $5,982
3BR $1,665 $1.30 $4,995

Availability in Covington

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 43 1BR units on the market in Covington. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
4% 47% 38% 9% 1%
Available Units in Covington
Studio 4
1BR 43
2BR 35
3BR 8
4BR 1
Location
Nearby Colleges
Nearby Hospitals
Name Distance
St. Elizabeth Covington 0.81 mi.
Northkey Community Care Intensive Services 1.7 mi.
St. Elizabeth Ft. Thomas 2.21 mi.
Nearby Fire Stations
Name Distance
Covington Fire Department 0.82 mi.
Fort Wright Fire Department 0.82 mi.
Covington Fire Department 1.04 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in on July 18, 2026.
What's the square footage of the available units?
It's 810 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
How many bedrooms are in the available units?
There are 2 bedroom units available.
How many bathrooms are in the available units?
There are 2 bathroom units available.
What's the monthly rent at this property?
7 Wallace Ave has a 2 bedroom unit starting at $1,295.
Where is this property located?
This property is at 7 Wallace Ave in Covington, KY. It's 1.0 miles south from the center of Covington.
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