
Cheap Homes for Rent in the M L King Neighborhood of Lexington, KY from $800 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the M L King area of Lexington.


528 Booker St

126 Clay Ave

468 N Limestone

557 N Limestone

445 Davidson Ct
Horses, Hoops, and a Short Commute: Renting Near Lexington's Top Employers
Finding the right neighborhood near your Lexington workplace doesn't have to be complicated. Our local expert breaks down the best areas to rent near Toyota, UK, Lexmark, and more.

529 Smith St

566 N Martin Luther King Blvd

113 Hagerman Ct

623 Ohio St

770 Maple Ave

443 Hawkins Ave
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
M L King, Lexington, KY Local Guide

How much does it cost to rent a home in M L King?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| M L King 2 Bedroom Homes for Rent | $1,986 | $1,160 | $3,950 |
| M L King 3 Bedroom Homes for Rent | $1,693 | $995 | $3,200 |
| M L King 4 Bedroom Homes for Rent | $2,750 | $1,500 | $4,000 |
Browse Homes for Rent in this Neighborhood
There are currently 12 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 1 Bed unit found at 330 Newtown Apartments priced from $883. MXWL has the second lowest priced unit, which is a 4 Beds apartment currently listed from $1,000. Here are the most affordable M L King apartments for rent in Lexington, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 330 Newtown Apartments | A4 | 1BR,1BA | $883 |
| MXWL | S1 | 4BR,4BA | $1,000 |
| Rosetown Apartments | Two Bedroom | 2BR,1BA | $1,050 |
| Hub Lexington Upper | 4x2 Balcony | 4BR,2BA | $1,159 |
| The Oaks at Woodland | 1 Bed, 1 bath | 1BR,1BA | $1,171 |
Best Value Apartments for Rent in M L King, KY
As of September 11, 2026 the best value apartment in the M L King area is the $1.10 price per square foot 4x2 Balcony Model at Hub Lexington Upper in the in the Northside Historic Residential neighborhood starting from $1,159. The second greatest value M L King apartment is the 2x2 Model at 260 Lexington Avenue starting at $1,875 with a $1.97 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. |
|---|---|---|---|
| Hub Lexington Upper | 4x2 Balcony | 4BR,2BA | $1.10 |
| 260 Lexington Avenue | 2x2 | 2BR,2BA | $1.97 |
| 326 E High St, Unit 2 | 326 E High St | 3BR,1BA | $1.58 |
| Rosetown Apartments | Two Bedroom | 2BR,1BA | $1.39 |
| The Flats at 345 | One Bedroom Large | 1BR,1BA | $2.12 |
| 330 Newtown Apartments | A1 | 1BR,1BA | $1.45 |
| The Oaks at Woodland | 1 Bed, 1 bath | 1BR,1BA | $1.95 |
| Kampus Properties STUDENT HOUSING | STUDENT ONLY STUDIO | Studio ,1BA | $1.50 |
| Artek Lofts | 1 Bed, 1 Bath Flat | 1BR,1BA | $2.36 |
| MXWL | S1 | Studio ,1BA | $2.81 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 #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 M L King
What type of rentals are currently available in M L King?
There are currently 282 Apartments for Rent in M L King, KY with pricing that ranges from $595 to $5,000. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in M L King ranging from $800 to $4,000.
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 $4,000 with an average monthly rent of $1,687.
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 $945 to $2,450, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $3,200. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $1,000.
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
Written by: Catrina Cowart
I'm Catrina, your ApartmentHomeLiving.

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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.