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$800 - $1,0001 to 3 Bedroom Apartments Available Now
Rosetown Apartments
320 Elm Tree LnLexington, KY 40508
Cheap Apartments for Rent in the M L King Neighborhood of Lexington, KY from $500 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the M L King area of Lexington.
921 N Broadway
LexingtonKY40505
1023 N Broadway
LexingtonKY40505
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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1 to 2 Bedroom Apartments
Woodland Park Apartments - UTILITIES INCLUDED
184 Old Park AveLexington, KY 40502
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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Showing Results 1-13, Page 1 of 1
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 | $1,377 | $825 | $1,745 |
| M L King 1 Bedroom Apartments | $1,198 | $800 | $1,735 |
| M L King 2 Bedroom Apartments | $1,361 | $900 | $1,820 |
| M L King 3 Bedroom Apartments | $1,682 | $1,000 | $2,625 |
| M L King 4 Bedroom Apartments | $2,380 | $1,980 | $2,780 |
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 1 mile radius of the M L King Neighborhood of Lexington, KY.
See all Apartments in LexingtonExplore Lexington
M L King, Lexington, KY Local Guide
- Nearby Lexington neighborhoods
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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 Studio unit found at 515 S Upper St priced from $825. Rosetown Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $900. Here are the most affordable M L King apartments for rent in Lexington, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 515 S Upper St | Near Campus | Studio,1BA | $825 |
| Rosetown Apartments | Two Bedroom | 2BR,1BA | $900 |
| Rose Tower Apartments | One Bedroom | 1BR,1BA | $950 |
| Kampus Properties STUDENT HOUSING - 2024-'25 | 416 Aylesford Place #6 | 2BR,1BA | $998 |
| Hub Lexington Upper | 4x2 Balcony | 4BR,2BA | $1,075 |
Best Value Apartments for Rent in M L King, KY
As of September 14, 2025 the best value apartment in the M L King area is the $2.12 price per square foot STUDENTS ONLY 5 BR Model at Kampus Properties STUDENT HOUSING - 2024-'25 in the in the Montclair neighborhood starting from $2,750. The second greatest value M L King apartment is the Two Bedroom Model at Rosetown Apartments starting at $900 with a $1.19 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. |
|---|---|---|---|
| Kampus Properties STUDENT HOUSING - 2024-'25 | STUDENTS ONLY 5 BR | 5BR,3BA | $2.12 |
| Rosetown Apartments | Two Bedroom | 2BR,1BA | $1.19 |
| Hub Lexington Upper | 2x2 VIP | 2BR,2BA | $1.85 |
| 515 S Upper St | Near Campus | Studio ,1BA | $1.38 |
| The Flats at 345 | 325 One Bedroom | 1BR,1BA | $2.11 |
| Artek Lofts | 1 Bed, 1 Bath Flat | 1BR,1BA | $2.32 |
| Rose Tower Apartments | One Bedroom | 1BR,1BA | $2.11 |
| Park Plaza Apartments | Maxwell | Studio ,1BA | $2.93 |
| Studios180 - Short/Long Term Leases | Furnished Studio | Studio ,1BA | $3.70 |
Quick Rent Budget Calculator
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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.
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Pet Friendly LifestyleM L King, Lexington, KY
Ranked #57
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet 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 $1,295.
What is the price of a cheap apartment in M L King?
The cheapest apartment in M L King is Rose Tower Apartments which is listed at $950, while the average apartment in M L King costs $3,680.
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 14 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 $1,551 which is $2,129 cheaper than the average rent for all rentals in M L King.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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.
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.