
Cheap Homes for Rent in M L King Neighborhood of Lexington, KY from $900 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the M L King area of Lexington.


445 Davidson Ct

711 N Upper St

723 Jackson St

721 Jackson St
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.

123 Montmullin St

736 Bellaire Ave

555 Toner St

437 E 7th St

519 Pemberton St

141 Glenn Pl
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.
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 | $1,961 | $1,095 | $3,300 |
| M L King 3 Bedroom Homes for Rent | $1,624 | $1,275 | $2,200 |
| M L King 4 Bedroom Homes for Rent | $1,450 | $1,450 | $1,450 |
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.
Explore Lexington
M L King, Lexington, KY Local Guide
- Nearby Lexington neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available M L King Apartments for Rent
 The cheapest available apartment rental in the M L King area of Lexington, KY is a 2 Beds unit found at Rosetown Apartments priced from $900. Rose Tower Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable M L King apartments for rent in Lexington, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rosetown Apartments | Two Bedroom | 2BR,1BA | $900 |
| Rose Tower Apartments | One Bedroom | 1BR,1BA | $950 |
| Hub Lexington Upper | 4x2 Mansion | 4BR,2BA | $1,115 |
| Artek Lofts | 1 Bed, 1 Bath Flat | 1BR,1BA | $1,160 |
| Studios180 - Short/Long Term Leases | Studio | Studio,1BA | $1,195 |
Best Value Apartments for Rent in M L King, KY
As of December 19, 2025 the best value apartment in the M L King area is the $2.06 price per square foot 545 S Limestone Model at 545 S Limestone, Unit 2 in the in the Aylesford Place neighborhood starting from $1,650. 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. |
|---|---|---|---|
| 545 S Limestone, Unit 2 | 545 S Limestone | 2BR,1BA | $2.06 |
| Rosetown Apartments | Two Bedroom | 2BR,1BA | $1.19 |
| Hub Lexington Upper | 2x2 VIP | 2BR,2BA | $1.85 |
| 260 Lexington Avenue | 1BR/1.0BA | 1BR,1BA | $1.81 |
| The Flats at 345 | One Bedroom Large | 1BR,1BA | $2.05 |
| 559 Limestone S, Unit 201 | 559 Limestone S | 1BR,1BA | $2.40 |
| Artek Lofts | 1 Bed, 1 Bath Flat | 1BR,1BA | $2.32 |
| Rose Tower Apartments | One Bedroom | 1BR,1BA | $2.11 |
| Studios180 - Short/Long Term Leases | Furnished Studio | Studio ,1BA | $3.70 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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 #48
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet 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 281 Apartments for Rent in M L King, KY with pricing that ranges from $595 to $2,100. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in M L King ranging from $950 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 $950 to $4,000 with an average monthly rent of $2,189.
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.
Articles, How-To's, and Tips

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
