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The Covington apartments in Bloomington, MN

Updated

The Covington

5800 American Blvd W, Bloomington, MN 55437, USA

4.5 (179 reviews) Official Website

Live pricing, refreshed

10
Units Listed
$1,523
Starting at
$2,008
Average
$2,688
Highest
$2.18
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Bloomington 55437 rent trends

Rent Distribution

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (6)

Last 15 days

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$12K

$140K annual run rate

Modeled estimate

Est. Occupancy

38%

of about 16 units (modeled from leasing activity)

Effective Rent on New Leases

$1,949

vs $2,008 current asking ($59 negotiation gap)

Recent Lease Activity

16 units tracked; 6 assumed leased, 10 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

10

Moderate availability

0 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Price vs. Bloomington, MN

Similar

Comparing this building against 6 similar Bloomington, MN apartments by price. Click any bar to view that building.

See rent trends on the Bloomington, MN map Explore Bloomington, MN on the interactive map

Available Units

10 units
Studio / 1 Bath
$1,523/mo
505 ft² · $3.02/ft² · #1
Down $175 since Aug 6 (was $1,698)
Studio / 25 Bath
$1,698/mo
767 ft² · $2.21/ft² · #5
Down $20 since Aug 22 (was $1,718)
Studio / 25 Bath
$1,723/mo
802 ft² · $2.15/ft² · #13
Down $180 since Sep 19 (was $1,903)
Studio / 25 Bath
$1,738/mo
775 ft² · $2.24/ft² · #9
Down $15 since Aug 31 (was $1,753)
Studio / 25 Bath
$1,828/mo
886 ft² · $2.06/ft² · #21
Down $585 since Sep 19 (was $2,413)
Studio / 25 Bath
$1,903/mo
824 ft² · $2.31/ft² · #17
Up $75 since Sep 19 (was $1,828)
Studio / 25 Bath
$2,178/mo
1,115 ft² · $1.95/ft² · #29
Down $510 since Sep 19 (was $2,688)
Studio / 25 Bath
$2,388/mo
1,144 ft² · $2.09/ft² · #33
Down $300 since Sep 19 (was $2,688)
Studio / 25 Bath
$2,413/mo
1,099 ft² · $2.20/ft² · #25
Up $235 since Sep 19 (was $2,178)
Studio / 25 Bath
$2,688/mo
1,295 ft² · $2.08/ft² · #37

Garages and parking

Parking, wellness and pet policy details for this building are available to Pro members: garage type and any monthly fee, bike storage, EV charging, amenities such as a sauna or cold plunge, and stated pet rent and weight limits.

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Train activity

Train activity nearby

Freight line 1,793 ft away

  • Trains pass infrequently
  • No road crossing within earshot. Horns unlikely.
  • Operator: SOO

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Bloomington, MN notes

No resident notes for this property yet.

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Bloomington 55437 Rent Trends

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