500 Ohio St
LexingtonKY40508
Cheap Apartments for Rent in the M L King Neighborhood of Lexington, KY from $500 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the M L King area of Lexington.
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Rent Specials
from $7001 to 2 Bedroom Apartments Available Now
Caballo Crossing
500-522 Hollow Creek RdLexington, KY 40511
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Rent Specials
from $7251 to 3 Bedroom Apartments Contact Us For Availability
Rosetown Apartments
320 Elm Tree LnLexington, KY 40508
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from $795Studio Apartments Available Aug 14
Kampus Properties STUDENT HOUSING - 2024-'25
400-418 Aylesford PlLexington, KY 40508
1023 N Broadway
LexingtonKY40505
468 N Limestone
LexingtonKY40508
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from $8501 Bedroom Apartments Contact Us For Availability
Rose Tower Apartments
137 Rose StLexington, KY 40507
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from $895Studio Apartments Available Now
The Studios at Belmont - ALL UTILITIES INCL
333 Legion DrLexington, KY 40504
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Lexington's Best Affordable Neighborhoods
Learn about Lexington and the best places to live with original content written by our Local Expert Catrina Cowart
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1 Bedroom Apartments
Woodland Park Apartments - UTILITIES INCLUDED
184 Old Park AveLexington, KY 40502
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Showing Results 1-18, 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 | $1,367 | $795 | $1,755 |
| M L King 1 Bedroom Apartments | $1,165 | $570 | $1,811 |
| M L King 2 Bedroom Apartments | $1,548 | $800 | $1,986 |
| M L King 3 Bedroom Apartments | $1,283 | $875 | $1,700 |
| M L King 4 Bedroom Apartments | $2,366 | $1,700 | $2,700 |
Browse Apartments in this Neighborhood
There are currently 18 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 Caballo Crossing priced from $700. Rose Tower Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable M L King apartments for rent in Lexington, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Caballo Crossing | 1 Bedroom 1 Bath | 1BR,1BA | $700 |
| Rose Tower Apartments | One Bedroom | 1BR,1BA | $850 |
| The Studios at Belmont - ALL UTILITIES INCL | Studio | Studio,1BA | $895 |
| Trifecta on Red Mile: MAJOR Renovations | One Bedroom | 1BR,1BA | $1,095 |
| Park Plaza Apartments | Maxwell | Studio,1BA | $1,120 |
Best Value Apartments for Rent in M L King, KY
As of April 14, 2025 the best value apartment in the M L King area is the $0.95 price per square foot 2 Bedroom 1 Bath Model at Caballo Crossing in the in the Northside Historic Residential neighborhood starting from $858. The second greatest value M L King apartment is the One Bedrooms Model at Studios340 - All Inclusive Pricing starting at $1,795 with a $2.72 price per square foot in the Montclair 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. |
|---|---|---|---|
| Caballo Crossing | 2 Bedroom 1 Bath | 2BR,1BA | $0.95 |
| Studios340 - All Inclusive Pricing | One Bedrooms | 1BR,1BA | $2.72 |
| Trifecta on Red Mile: MAJOR Renovations | One Bedroom | 1BR,1BA | $1.68 |
| The Flats at 345 | 325 Large One Bedroom | 1BR,1BA | $2.01 |
| Artek Lofts | 1 Bed, 1 Bath Flat | 1BR,1BA | $2.25 |
| Rose Tower Apartments | One Bedroom | 1BR,1BA | $1.89 |
| MidTown Apartments | Woodland | 1BR,1BA | $2.52 |
| Park Plaza Apartments | Maxwell | Studio ,1BA | $2.93 |
| Studios180 - Short/Long Term Leases | Furnished Studio | Studio ,1BA | $3.70 |
| The Studios at Belmont - ALL UTILITIES INCL | Studio | Studio ,1BA | $2.84 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleM L King, Lexington, KY
Ranked #57
Among neighborhoods in Lexington, KY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet 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 $1,700.
What is the price of a cheap apartment in M L King?
The cheapest apartment in M L King is Caballo Crossing which is listed at $700, while the average apartment in M L King costs $3,345.
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 9 regular apartments in M L King that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.