Cheap Homes for Rent in M L King Neighborhood of Lexington, KY from $800 (7 Rentals)

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Search the lowest-cost Homes available for rent right now in the M L King area of Lexington.

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

M L King, Lexington, KY Local Guide

Cheapest Available M L King Apartments for Rent

 

The cheapest available apartment rental in the M L King area of Lexington, KY is a 1 Bed unit found at Rose Tower Apartments priced from $850. Park Plaza Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,120. Here are the most affordable M L King apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
Rose Tower ApartmentsOne Bedroom1BR,1BA$850
Park Plaza ApartmentsMaxwellStudio,1BA$1,120
Artek Lofts1 Bed, 1 Bath Flat1BR,1BA$1,125

Best Value Apartments for Rent in M L King, KY

As of June 23, 2025 the best value apartment in the M L King area is the $1.75 price per square foot Two Bedroom Corner Model at The Flats at 345 in the in the Northside Historic Residential neighborhood starting from $1,675. The second greatest value M L King apartment is the 1 Bed, 1 Bath Flat Model at Artek Lofts starting at $1,125 with a $2.25 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Flats at 345Two Bedroom Corner2BR,2BA$1.75
Artek Lofts1 Bed, 1 Bath Flat1BR,1BA$2.25
Rose Tower ApartmentsOne Bedroom1BR,1BA$1.89
Park Plaza ApartmentsMaxwellStudio ,1BA$2.93
Studios180 - Short/Long Term LeasesFurnished StudioStudio ,1BA$3.70

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Frequently Asked Questions about M L King

What type of rentals are currently available in M L King?

There are currently 269 Apartments for Rent in M L King, KY with pricing that ranges from $725 to $4,000. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in M L King ranging from $800 to $3,300.

What is the current price range for Rental Homes in M L King?

Today's rental pricing for Homes for Rent, Condos and Townhomes in M L King ranges from $800 to $3,300 with an average monthly rent of $1,961.

How much are larger Three and Four Bedroom Rentals in M L King?

For those who are looking for larger living arrangements, Three Bedroom Apartments in M L King range from $875 to $1,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $899 to $1,800. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $4,000.

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.

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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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.