Covington, GA

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Covington short-term rental market based on reliable data.

Listings

140 / 347

Reliable / Active

Cap Rate

10%

Middle-Earners Gross Yield

Revenue

$29,354

Middle-Earners Revenue

Occupancy

53%

Middle-Earners Occupancy

Home Value

$287,348

Median Home Sale Price

Top Earners

$50,956

Top-Earners Revenue

Covington

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Covington.

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B

Generally Investor friendly

Covington Regulations

STRs are explicitly permitted citywide with a clear, documented process, moderate fees (e.g., $150 permit plus inspections), manageable operational requirements (24/7 agent, specific rental agreement terms), and penalties without hard caps; compliance is structured and predictable.

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About Covington

Covington, Georgia is a charming city located in Newton County, approximately 35 miles east of Atlanta, the state's capital and nearest major city. With a population of around 14,000 residents, Covington offers a small-town atmosphere with a rich historical background and modern amenities.

The city is often recognized for its picturesque downtown square, which features well-preserved 19th-century architecture and a variety of shops, restaurants, and entertainment options. Covington’s appeal for short-term rentals is enhanced by its significant cultural and recreational landmarks.

One of the city's most notable landmarks is the Covington Square, central to the city's identity and often referred to as "The Hollywood of the South" due to its frequent use as a filming location for numerous movies and TV shows, including "The Vampire Diaries" and "In the Heat of the Night". More information can be found on Explore Georgia.

The city also boasts the Oxford College of Emory University, which adds an academic vibe and draws a consistent stream of visitors, including prospective students and parents. Details are available on the Emory University website.

Nature enthusiasts can enjoy the Georgia International Horse Park, located just a short drive away in nearby Conyers. The park hosts a variety of equestrian events, outdoor concerts, and festivals. Find more details on the park's website.

Additionally, the Newton County Courthouse, built in the 1880s, is another historical site worth visiting, located in the heart of Covington's downtown area. More historical insight can be found on the Georgia Info website.

Covington's proximity to Atlanta also offers easy access to the myriad attractions of a major city while retaining the peace and charm of a small town, making it an appealing destination for short-term rentals.

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