
Cheap Apartments for Rent in the M L King Neighborhood of Lexington, KY from $400 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in the M L King area of Lexington.


120 Hagerman Ct

Rosetown Apartments

823 Whitney Ave

MXWL

159 Rand Ave

The Oaks at Woodland

Artek Lofts

The Flats at 345
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Total Monthly Price
Studios180 - Short/Long Term Leases

Total Monthly Price
Park Plaza Apartments

Stonehurst Studios

Central Park Apartments

Kampus Terraces

Kampus Heights

Woodland Park Apartments - UTILITIES INCLUDED

426 E High St

Imperial
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Matthews House Apartments

109 Withers Ave

Arlington Lofts

330 Newtown Apartments

Rose Tower Apartments

Central Christian Church Apartments

523 1/2 Ohio St

566 N Martin Luther King Blvd

767 Maple Ave
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524 W Third St

419 E Fifth St

Kampus Townhouses

154 E 7th St

Kampus Park

271 Lexington Ave

525 Smith St

620 N Limestone

616 Bellaire Ave
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M L King, Lexington, KY Local Guide

How much does it cost to rent an apartment in M L King?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| M L King Studio Apartments | $1,399 | $1,000 | $1,795 |
| M L King 1 Bedroom Apartments | $1,364 | $700 | $2,486 |
| M L King 2 Bedroom Apartments | $1,627 | $895 | $2,159 |
| M L King 3 Bedroom Apartments | $1,132 | $1,000 | $1,875 |
| M L King 4 Bedroom Apartments | $1,000 | $1,000 | $1,000 |
Browse Apartments in this Neighborhood
There are currently 36 rentals with your search options within a 1 mile radius of the M L King Neighborhood of Lexington, KY.
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M L King, Lexington, KY Local Guide
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Cheapest Available M L King Apartments for Rent
 The cheapest available apartment rental in the M L King area of Lexington, KY is a 3 Beds unit found at Imperial priced from $796. 109 Withers Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here are the most affordable M L King apartments for rent in Lexington, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Imperial | 3 Beds, 2 Baths | 3BR,2BA | $796 |
| 109 Withers Ave | 1 Beds, 1 Baths | 1BR,1BA | $825 |
| MXWL | S1 | 4BR,4BA | $1,000 |
| The Oaks at Woodland | 1 Bed, 1 bath | 1BR,1BA | $1,171 |
| Artek Lofts | 1 Bed, 1 Bath Flat | 1BR,1BA | $1,180 |
| Studios180 - Short/Long Term Leases | Studio | Studio,1BA | $1,195 |
| Park Plaza Apartments | Maxwell | Studio,1BA | $1,299 |
| The Flats at 345 | Two Bedroom | 2BR,2BA | $1,775 |
Best Value Apartments for Rent in M L King, KY
As of July 28, 2026 the best value apartment in the M L King area is the $0.83 price per square foot 3 Beds, 2 Baths Model at Imperial in the in the Northside Historic Residential neighborhood starting from $796. The second greatest value M L King apartment is the Two Bedroom Model at The Flats at 345 starting at $1,775 with a $1.88 price per square foot in the Northside Historic Residential neighborhood. Here is today’s list of the best values for M L King apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Imperial | 3 Beds, 2 Baths | 3BR,2BA | $0.83 |
| The Flats at 345 | Two Bedroom | 2BR,2BA | $1.88 |
| 109 Withers Ave | 1 Beds, 1 Baths | 1BR,1BA | $1.21 |
| The Oaks at Woodland | 1 Bed, 1 bath | 1BR,1BA | $1.95 |
| Artek Lofts | 1 Bed, 1 Bath Flat | 1BR,1BA | $2.36 |
| Park Plaza Apartments | Maxwell | Studio ,1BA | $3.40 |
| MXWL | S1 | Studio ,1BA | $2.81 |
| Studios180 - Short/Long Term Leases | Furnished Studio | Studio ,1BA | $3.99 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleM L King, Lexington, KY
Ranked #67
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in M L King, Lexington, KY
School data provided by Great Schools
Frequently Asked Questions about Cheap M L King Apartments
What is a cheap apartment in M L King?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in M L King is under $1,775.
What is the price of a cheap apartment in M L King?
The cheapest apartment in M L King is 109 Withers Ave which is listed at $825, while the average apartment in M L King costs $1,756.
What types of apartments are the cheapest in M L King?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 16 regular apartments in M L King that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in M L King?
Cheap apartments in M L King have an average cost of $643 which is $1,113 cheaper than the average rent for all rentals in M L King.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

Horses, Hoops, and a Short Commute: Renting Near Lexington's Top Employers
Written by: Catrina Cowart
Hi, I’m Catrina, your ApartmentHomeLiving.com Local Expert for Lexington, Kentucky.

The Southern Spirit: Your Guide to Finding the Perfect Neighborhood to Rent in Lexington
Written by: Catrina Cowart
Hi, I’m Catrina, your ApartmentHomeLiving.com Local Expert for Lexington, Kentucky. Our team at ApartmentHomeLiving.

The Ultimate Lexington Student Housing Guide - Top Neighborhoods for Renting Near Major Universities
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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Lexington
Written by: Catrina Cowart
Hi, I'm Catrina, your ApartmentHomeLiving.com Local Expert for Lexington, Kentucky, and I'm happy to talk to you about some of the neighborhoods that I've found to be particularly charming in this small city.
Articles, How-To's, and Tips

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.