Performance indicators for the Covington short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
The highest-performing listings in Covington.
Loading top listings...
Challenging to Investors
A strict citywide cap of 10 permits (already near saturation) and a ban on short‑term rentals in single‑family residential zones severely limit where and how STRs can operate, pushing most uses into commercial/mixed‑use areas. Operators must obtain both a conditional use permit and an annual administrative permit, complete a public‑hearing process, pass fire inspections, carry $500k liability insurance, and pay B&B/STR fees—creating a heavy, ongoing compliance burden. Combined with parish‑level rules and daily fines for violations, the regulatory environment is constrained and costly for new investors.
Local STR Agent
STR specialist · Covington, LA
Covington is a city in, and the parish seat of, St. Tammany Parish, Louisiana, United States. The population was 11,564 at the 2020 United States census. It is located at a fork of the Bogue Falaya and the Tchefuncte River. Covington is part of the New Orleans–Metairie–Kenner metropolitan statistical area. Covington has played a large role in movie making over the past 20 years, featuring in over 30 films.
