Comptroveby RentSpire

Apartments for Rent in

520 Myrtle Drive, Covington, LA, 70433

Market rate 178 units (unit count basis: listing-reported) Hazard/risk read: not observed

Asking & effective rent by bedroom

Average asking rent across observed units: $1,742. Average effective rent: $1,742.

TypeAsking rentEffective rentAvg sqftObservations
1 bedroom$1,603$1,6037866
2 bedroom$1,867$1,8671,1665
3 bedroom$1,951$1,9511,3901

HUD Fair Market Rent gap

HUD area: Slidell-Mandeville-Covington, LA MSA.

FMR comparison not observed for this property.

Amenities

Clubhouse with Computer Stations and Coffee BarCorporate/Furnished Apartments AvailableCovered and Enclosed Parking AvailableElevator Service with Elegant LobbiesFun Community EventsFurnished/Corporate Apartments AvailableOutdoor Grills and Picnic AreasPet-Friendly CommunityRelaxing Hot TubResort-Style Swimming PoolState-of-the-Art Fitness CenterWalking Trails and Green SpacesWithin 140-Acre Nature Preserve with Lake

Operator

not observed

Nearby comparable properties

Comparable apartments with rent data within 3 miles, ranked by the same similarity model used in the product.

PropertyLocationDistanceAvg askingSimilarity
Amenities Covington, LA 2.75 mi $1,720 32%

Sources & provenance

Sourced from https://www.elanterrabella.com/Marketing/Home/FAQ — 2 observation(s), last observed Aug 1, 2026.

Sourced from https://www.elanterrabella.com/Marketing/FloorPlans — 10 observation(s), last observed Aug 1, 2026.

Data age: 16 days. Last observed: Aug 1, 2026.

Market intelligence and decision support only. Not an appraisal, and not a recommendation to set any particular rent. Income-restricted product is never presented as a market-rate comparable — program type above reflects the governed affordability classification, not free-text asset labels.

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