Covington Property Management

Expert Management for Your Covington Rental Home

Partner with Our Covington Property Management Experts for Better Results!

We provide full-service property management for residential rental homes throughout Covington, WA.

At GPS Renting, we understand that managing a rental home is more than just collecting rent—it’s about preserving your property’s value and creating a stress-free ownership experience. Our mission is to help you get the most from your investment with expert guidance and professional support.

From listing and tenant screening to maintenance coordination, inspections, and financial reporting, our team handles every detail with care. With in-depth knowledge of the Covington rental market and a focus on responsive communication, we make property ownership simple and profitable.

Whether you’re a local landlord or an out-of-state investor, GPS Renting delivers transparent, results-driven property management tailored to your goals.

Let us manage your Covington rental, so you can enjoy reliable income—without the day-to-day headaches.

Our service is guided by our Core Principles:

Relationships Over Being Right

Live Intentionally

We Do Hard Things

Uncomfortable Transparency

Thinking Is Hard Work

Shared Responsibility in Tough Times

These principles are at the heart of everything we do, ensuring a seamless and trustworthy experience for our clients and residents.

Our Seven Guarantees

Rent Payment Guarantee

If the tenant doesn’t pay their rent as agreed, you don’t pay us our management fee. We are only paid when you are.

Price Match Guarantee

If you can find a lower fee to manage your property in writing, we will match it. As long as the other firm is a licensed property management firm and does not charge fees in addition to their base management fee percentage.

Prompt Service Guarantee

If we don’t mail or wire your monthly proceeds within 10 business days of receipt of the rent, we will waive that month’s management fee.

Response Guarantee

If an owner calls, texts, or emails us, we will respond within 48 hours, or we credit $25 towards the month’s management fee.

Satisfaction Guarantee

For newly onboard clients, if you are not satisfied with our service, you can cancel our contract at any time within the first 60 days of service.
If the tenant is placed, the owner needs to reimburse the company tenant placement fee of one month rent.

Eviction Protection Guarantee

If we place a tenant in your property and have to later evict, we will cover up to $1000 of the costs of an eviction presided over by a judge.
This guarantee can be availed by enrolling in our Owner Benefit Package (OBP).

Rent Loss Protection Guarantee

If we place a tenant in your property and have to later evict for nonpayment of rent, we will write a check for the next 30 days worth of rent.
This guarantee can be availed by enrolling in our Owner Benefit Package (OBP).

Covington Property Management Services

At GPS Renting, we’re more than just property managers—we’re your dedicated partners. From finding the right tenants to handling maintenance and maximizing your rental income, we’re here to support you every step of the way.

Marketing

We create eye-catching listings with high-quality photos and markets your rental on 30+ sites, including Zillow and HotPads.

Tenant Screening

We carefully screen tenants—checking credit, income, background, and rental history—to ensure reliable renters for your home.

Property Showings

We manage all tenant inquiries and schedules showings. We also use ShowMojo to maximize viewing opportunities.

Inspections

We create eye-catching listings with high-quality photos and markets your rental on 30+ sites, including Zillow and HotPads.

Rent Collection

Owner rent payments are sent between the 8th and 10th each month, with email updates. Owners can log in anytime to view financial statements.

Maintenance

Our 24/7 maintenance team quickly resolves tenant issues. For complex repairs, we gather at least three bids from local vendors to ensure owners get the best deal.

Tax Return

We work with local accountants to help overseas investors with tax returns and provide cash flow statements and year-end 1099 for easy tracking.

Communications

We prioritize streamlined communication for a hassle-free experience, with a commitment to fast, reliable, and professional responses within 48 hours.

Maximize Your Real Estate Investment

Get a Free Rental Analysis Today!

Areas We Serve

ARLINGTON

AUBURN

BEAUX ARTS

BELLEVUE

BOTHELL

BURIEN

CAMANO ISLAND

COVINGTON

EDMONDS

EVERETT

ISSAQUAH

KENMORE

LYNNWOOD

MAPLE VALLEY

MARYSVILLE

MERCER ISLAND

MILL CREEK

MUKILTEO

NEWCASTLE

REDMOND

RENTON

SAMMAMISH

SNOQUALMIE

STANWOOD

TULALIP

WOODINVILLE

Covington Area Information

Covington at a Glance

Located in southeast King County, Covington is a fast-growing suburban city known for its family-friendly atmosphere, access to nature, and strong retail base. With a population of around 21,000 and close proximity to Kent, Maple Valley, and Auburn, Covington is a commuter-friendly community with its own growing identity.

The city features a mix of residential neighborhoods, shopping centers, medical facilities, and parks—all supported by excellent schools and public services.

A Brief History

Covington was officially incorporated in 1997, but its roots go back to the 1800s as a rural farming and logging area. As suburban growth expanded east from Kent and Auburn, Covington developed into a residential and commercial hub. Today, it’s one of the newest and most rapidly developing cities in King County.

Today’s Covington

Covington is a preferred choice for families, first-time homeowners, and renters looking for space, affordability, and a high quality of life. With continued commercial growth, including retail centers and medical campuses, the city is becoming increasingly self-sufficient while maintaining excellent access to larger cities via SR-516 and SR-18.

Real Estate & Rental Market Overview

Covington’s real estate market offers attractive opportunities for both long-term homeowners and real estate investors. Demand continues to grow due to affordability, newer construction, and strong rental interest.

Home Price Trends

2013: ~$250,000
2018: ~$400,000
2022 Peak: ~$675,000
2023–2024: ~$550,000–$625,000; stable growth with continued buyer and renter demand

Rental Rate Trends

2015: 2BR average ~$2,000/month
2020: ~$2,500/month
2023–2024: $2,800–$3,200/month, especially in Downtown and tech areas

Key Economic Drivers

Tech growth (Microsoft, Amazon, Meta)
Influx of professionals from out of state
Limited land and strict zoning
Top-rated schools and Seattle proximity

Vacancy & Cap Rates

Vacancy remains low (under 5%)
Cap rates: 3.5%–4.5%, appealing for long-term investors

Our Covington Team

As our Marketing Manager, Hoabang is responsible for the brand management, network marketing, and customer consultation of GPS renting property management and GPS Real Estate, and fully demonstrates GPS Renting’s services and advantages to our customers.

As a former entrepreneur and salesman, Govind has developed markets and closed sales numerous companies, including selling copiers, and helping B2B SaaS companies find market fit. He’s excited to represent GPS Renting because of the values driven mission and supportive culture. His purpose is to share the company brand and vision with prospects and partners in the Seattle area.

Property manager and Real Estate Broker licensed in WA. Mom of two young boys. Although I’ve had my formal degrees in software engineering my passion pulls me towards customer service and people oriented work. I am a dedicated employee and mom and love multitasking. I also love watching movies and shows with my family.

Cris is one of our international teammate and serves as a Resident Services Ambassador. He supports both residents and property owners by handling rental applications, lease renewals, move-outs, and day-to-day inquiries, helping ensure a smooth and positive experience for all. Outside of work, Cris is a dedicated family man. He enjoys spending time with his children—whether it’s mall strolls, park days, or riding the Vikings ride, he values every moment and loves making memories together.

Mary is one of our internation teammates and serves as a Maintenance Coordinator. Along with other MCs, she is responsible for managing property repairs, coordinating with vendors, scheduling inspections, and ensuring maintenance issues are resolved efficiently to keep operations running smoothly. Outside of work, Mary finds joy in spending quality time with her son. They love going on nature walks, watching the sunrise and sunset together, and bonding over home-cooked meals in the kitchen.

Dari is one of our international teammates and serves as a Maintenance Coordinator. He specializes in maintenance support-assisting tenants and owners with their service requests, gathering estimates, and scheduling with the vendors. Outside of work, Dari is into playing football and loves to do camping with his family.